morey
Elite
- Joined
- Apr 6, 2013
- Posts
- 2,560
- Location
- Canada
- Society
- Freelancer
- Avatar Name
- Aurisk Morey Kenbi
What you will get:
1. Priority Listing of your shop + shop theme in LA's custom message (first come first serve until space runs out)
2. Marketing by your management for general Mall traffic.
3. Own a shop without having your PED tied up.
How We Rent:
1. We trade Shop Deed for your Collateral
2. You claim the shop and now have full control over the estate.
3. We trade back. Deed is not needed to run the estate.
4. Your shop is open for business!
* There is an element of Trust here. Your shop deed(s) will be held by: Aurisk Morey KenbiDivinity Deth Undefined. He has ran multiple Trust based investment funds (Twin peaks bank shares, Terminator Fund) in the past 7 years, and is the owner of Twin Peaks Bank. You are in good hands.
https://www.planetcalypsoforum.com/forums/showthread.php?264277-Twin-Peaks-Bank-Bringing-Liquidity-and-Exposure-to-You
** Being active in Medusa while running a store is a REQUIREMENT! If someone is away for an extended time (say 1 month +), we may claim your store and hold your belongings in a separate storage to return to you when you come back. Warning will be given a couple of weeks before we intend to claim a store either in game, on discord, in forum, or across all channels.
Join the Wait List!
At the moment there is a wait list for the stores. we will offer a new store to the people in the wait list. When selected in the waitlist, you'll have 24h to respond or we assume the answer to be no. Please PM me to join the waitlist and include:
a) What you plan on stocking
b) How you will market
c) Whether you prefer large or small stores. Keep in mind, prime locations we prefer to give to those with good plan for the store.
Current Available Shops
None, Sorry!
Shops: (minimum 1 month rent)
Update 2022-02-19: Prices may increase after staying in medusa for >1yr to reflect updated market value.
40 Item Point Shops: 110 PED Monthly
60 Item Point Shops: 150 PED Monthly
60 Item Point + 20 IP in display area: 185 PED Monthly
100 Item Point Shops: 250 PED Monthly
100 IP Shop + 5 IP in display: 270 PED/M
100 Item Point + 20 IP in display area: 300 PED Monthly
* First floor stores have additional Premium Location Price.
Shops at Medusa:
NEW
F3S5: Santa Mine & Hunt Supply
Floor 4
S1: Legendary Mining
S2: Legendary Amps
S3: U31REN & Marco
S4: Soko's Dmg Enh
S5: ETCETERA
S6: the bladesmith
Floor 3
S2: Weapon Armor
S3: Tsunade Exotic
S4: Pills
S5: Santa Mine & Hunt Supply
S6: Alya's Atelier
Floor 2
S1: Lorespade's Shop
S2: Pills
S3: Messi's ESI
S4: Notorious Supply
Floor 1
S1: Ming Amp
S2: Dmg Enh
S3: Lv10-105 Armatrix
S4: Puddings Pills
S5: Alina's Mining
S6: People's Swap
Antenna: Pillz
What happens when you leave + Refund Policy
1. All Deposit minus outstanding rent will be returned.
- Ex: You have a 750 PED deposit, rented for 2 months at 250 PED/m and wish to leave. No rent was paid yet, so deposit returned will be 250 PED.
2. Rent is marked month to month, leaving in the middle of a month will forfeit the remainder of the rent paid for the month.
3. Rent paid in advance (not deposit) is considered a rent payment, and thus will not be returned if you leave early
- Ex: You have taken a special loyalty deal with us to upgrade a store by 20IP. We require 3 months of advanced rent payment as a loyalty factor. If you choose to leave after 1 month, the remaining 2 months rent is forfeit.
- Ex2: It is hard to catch each other online, You want to pay 3 months in advance. If you wish to leave 1 month later, the remainder 2 months of your advanced rent payment is forfeit.
FAQ:
There is a spreadsheet created for all Medusa shopowners to see and track their own details.
Edit 2022-02-19
Considering new circumstances happen at every turn we reserve the right to make changes to the rules as required.
Clarifications and Notes
1. Stores are rented, and not transferable.
If your friend wants to be the next owner, he will need to join the wait list. In the past we did not hesitate to transfer because there was no waitlist and thus no conflict and problem on fairness. But now demand has grown where we need to keep a list, and some things we did in the past we can no longer do.
2. Being active while running a Medusa Store is a REQUIREMENT.
Our goal from the very beginning is to build the best mall in EU. Now that we are, we want to take everyone to higher highs. Ineffective prime location owners may be asked to leave if performance is subpar.
3. How we prioritize Who gets a Store?
We go from first to last on the waitlist. Special preferences may be given for prime location stores on 1st Floor and the 2 large 2nd Floor shops based on someone's plan and capability to run it. The waitlist is kept privately in the EntropiaInvest Discord channel.
4. How we manage rental prices, and rental increases
We price according to current market value, and so far we have been consistent. Previously we only increased rent for the next owner if one moved out; moving forward, we may do yearly increases for existing tenants. By this time, if you have been in medusa over 12 months, your income should be decent with a steady loyal customer base. There is an exception where we may choose to keep a lower price only for Founding Shop owners who were with us since the very beginning.
Who Runs The Mall?
https://entropiainvest.com
More info about ROI, how to invest in the fund, and other fund statistics can be found here: https://www.planetcalypsoforum.com/...ing-how-eu-invests-entropiainvest-com.270772/
-
1. Priority Listing of your shop + shop theme in LA's custom message (first come first serve until space runs out)
2. Marketing by your management for general Mall traffic.
3. Own a shop without having your PED tied up.
How We Rent:
1. We trade Shop Deed for your Collateral
2. You claim the shop and now have full control over the estate.
3. We trade back. Deed is not needed to run the estate.
4. Your shop is open for business!
* There is an element of Trust here. Your shop deed(s) will be held by: Aurisk Morey Kenbi
** Being active in Medusa while running a store is a REQUIREMENT! If someone is away for an extended time (say 1 month +), we may claim your store and hold your belongings in a separate storage to return to you when you come back. Warning will be given a couple of weeks before we intend to claim a store either in game, on discord, in forum, or across all channels.
Join the Wait List!
At the moment there is a wait list for the stores. we will offer a new store to the people in the wait list. When selected in the waitlist, you'll have 24h to respond or we assume the answer to be no. Please PM me to join the waitlist and include:
a) What you plan on stocking
b) How you will market
c) Whether you prefer large or small stores. Keep in mind, prime locations we prefer to give to those with good plan for the store.
Current Available Shops
None, Sorry!
Shops: (minimum 1 month rent)
Update 2022-02-19: Prices may increase after staying in medusa for >1yr to reflect updated market value.
40 Item Point Shops: 110 PED Monthly
60 Item Point Shops: 150 PED Monthly
60 Item Point + 20 IP in display area: 185 PED Monthly
100 Item Point Shops: 250 PED Monthly
100 IP Shop + 5 IP in display: 270 PED/M
100 Item Point + 20 IP in display area: 300 PED Monthly
* First floor stores have additional Premium Location Price.
Shops at Medusa:
NEW
F3S5: Santa Mine & Hunt Supply
Floor 4
S1: Legendary Mining
S2: Legendary Amps
S3: U31REN & Marco
S4: Soko's Dmg Enh
S5: ETCETERA
S6: the bladesmith
Floor 3
S2: Weapon Armor
S3: Tsunade Exotic
S4: Pills
S5: Santa Mine & Hunt Supply
S6: Alya's Atelier
Floor 2
S1: Lorespade's Shop
S2: Pills
S3: Messi's ESI
S4: Notorious Supply
Floor 1
S1: Ming Amp
S2: Dmg Enh
S3: Lv10-105 Armatrix
S4: Puddings Pills
S5: Alina's Mining
S6: People's Swap
Antenna: Pillz
What happens when you leave + Refund Policy
1. All Deposit minus outstanding rent will be returned.
- Ex: You have a 750 PED deposit, rented for 2 months at 250 PED/m and wish to leave. No rent was paid yet, so deposit returned will be 250 PED.
2. Rent is marked month to month, leaving in the middle of a month will forfeit the remainder of the rent paid for the month.
3. Rent paid in advance (not deposit) is considered a rent payment, and thus will not be returned if you leave early
- Ex: You have taken a special loyalty deal with us to upgrade a store by 20IP. We require 3 months of advanced rent payment as a loyalty factor. If you choose to leave after 1 month, the remaining 2 months rent is forfeit.
- Ex2: It is hard to catch each other online, You want to pay 3 months in advance. If you wish to leave 1 month later, the remainder 2 months of your advanced rent payment is forfeit.
FAQ:
Yes. Just be active in managing it! We're here to build a thriving mall.Are there any requirements to be a shop owner here?
We will inform you to remove the items and we will take over the shopWhat happens if a shop owners that rents with does not actively manage the shop?
25k tied up is worth about 8.5 clds. Assuming CLDs pay 4ped weekly, that's 4*8.5*4 = 136 PED/m. Basically for CLD payouts, you get to run a shop without ped tied up, or stress of selling if it doesn't work out.Rent sucks! Why don't I just buy it and not pay rent?
We Keep a 3 month deposit. The deposit is just so if we have trouble catching each other online, we can extract rent from the deposit. Deposit will be given back to you upon leaving.Is there a deposit?
There is a spreadsheet created for all Medusa shopowners to see and track their own details.
Edit 2022-02-19
Considering new circumstances happen at every turn we reserve the right to make changes to the rules as required.
Clarifications and Notes
1. Stores are rented, and not transferable.
If your friend wants to be the next owner, he will need to join the wait list. In the past we did not hesitate to transfer because there was no waitlist and thus no conflict and problem on fairness. But now demand has grown where we need to keep a list, and some things we did in the past we can no longer do.
2. Being active while running a Medusa Store is a REQUIREMENT.
Our goal from the very beginning is to build the best mall in EU. Now that we are, we want to take everyone to higher highs. Ineffective prime location owners may be asked to leave if performance is subpar.
3. How we prioritize Who gets a Store?
We go from first to last on the waitlist. Special preferences may be given for prime location stores on 1st Floor and the 2 large 2nd Floor shops based on someone's plan and capability to run it. The waitlist is kept privately in the EntropiaInvest Discord channel.
4. How we manage rental prices, and rental increases
We price according to current market value, and so far we have been consistent. Previously we only increased rent for the next owner if one moved out; moving forward, we may do yearly increases for existing tenants. By this time, if you have been in medusa over 12 months, your income should be decent with a steady loyal customer base. There is an exception where we may choose to keep a lower price only for Founding Shop owners who were with us since the very beginning.
Who Runs The Mall?
https://entropiainvest.com
More info about ROI, how to invest in the fund, and other fund statistics can be found here: https://www.planetcalypsoforum.com/...ing-how-eu-invests-entropiainvest-com.270772/
-
Cant help myself and I just need to say a few things about this UNIQUE idea and GREAT opportunity for a lot of people that ever dreamed of having a shop.
The Mall itself and the idea behind it is how a success full manager would do in RL also.
Divinity is keeping the full control over all shops + she gets rent + if shops are selling she gets payed fee.
If a shop isn't doing great or the tenant wants to stop with the shop ... no problem, talk to the owner and agree of a date. I'm pretty sure she will have a list of people that want to try out a shop as well soon.
Competition is always there of course but in this case, never next door so that's a great + again.
Buying and running a shop are 2 different things
Buying and filling the shop are also 2 different things and ped drainers.
Here you just need to pay your monthly rent
Many have tried and many have failed due to several reasons and it costed them a lot of peds + lots of time to sell the shop again.
If a shop isn't doing good, then you need to adjust things.
Here many can have a try to run a shop without having lots of peds locked and learn from it how to run it. It's not just putting things in it, price tag and hope it will sell
Most are small shops, so easier to run and build up slowly.
If all goes great they can still think about buying a bigger shop themselves.
On top of all that, you can even put your shop on the shop list so people can find it very easy as a bonus.
All this is a lot of work but I'm sure it will pay off after some time.
In this case its a win/win situation for the mall owner as for the tenant and most important, no empty gabs of empty shop !!!
Good luck all and I'm sure it will work
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