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  1. #1

    Post Share System - Crystal Palace Space Station Shares



    Share System - Crystal Palace Space Station Shares

    In Entropia Universe update 16.3 the new Share Center was introduced which allows avatars to acquire shares in virtual companies and receive revenue in the form of dividends from estates controlled by those companies.
    The first company to be listed on the new share exchange will be Crystal Palace Space Station, with shares available starting on Thursday, May 2, 2019 at 11:00 UTC.
    Crystal Palace Space Station has been one of the most popular Planet Calypso hunting destinations since 2004 and features four biodomes with unique alien creatures.
    Crystal Palace Space Station shares can be acquired via the new Share Center interface (accessed by right-clicking on the PED card), or in the Entropia Universe Webshop.

    Share Information
    • Price per share: 10 PED
    • Total shares: 500,000
    • Revenue is generated from hunting activity in the four Crystal Palace biodomes (caves not included).
    • 95% of revenue is paid as dividends to shareholders.
    • 5% of revenue is allocated for fertilizer costs, event prizes, and other estate maintenance and improvements.
    • Dividends are distributed on Mondays at 00:00 UTC.
    • Minimum dividend payout is 1 PEC per share. If the payout per share is less than 1 PEC, the amount is carried over to the following week’s dividend.
    • The estate will be managed by the official avatar MindArk CrystalPalace Manager.
    • Tax rate in all biodomes will be set to 4.5%. This setting can potentially be voted on by shareholders in the future.
    • 2018 Crystal Palace revenue - 524,261.36 PED (average of approximately 10054.33 PED per week).


    Additional Info
    • Crystal Palace shares will become tradable in the Version Update currently scheduled for mid September (approximately 120 days from initial sale).
    • The seller of the Crystal Palace shares is the current estate holder, Buzz Erik Lightyear.
    • Energized Fertilizer necessary to maintain creature spawns in the biodomes will be acquired on the normal auction at market prices by the MindArk CrystalPalace Manager avatar




    Originally Posted Here
    Last edited by Darkaruki; 05-02-2019 at 11:45.

  2. #2
    Prowler Witchblade0815's Avatar
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  3. #3
    Guardian Zammaroth's Avatar
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    Wazari Wazari Vulf
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    Shares (not deeds)

    will they be tradable amongst players ?

  4. #4

  5. #5
    Slayer Svarog's Avatar
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    Who is that invisible hero that cycles 2 mil ped weekly on CP outside of the caves?

  6. #6
    Elite Killahbee's Avatar
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    Quote Originally Posted by Bertha Bot View Post
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    [*]Tax rate in all biodomes will be set to 4.5%. This setting can potentially be voted on by shareholders in the future.
    I thought MA said no more promises we can't guarantee?? This is their typicall way of selling things to the playerbase... Unfinished stuff with the candy promises (remember housing, deeds? Insert any random thing here)
    5% will be owned by MA for events and fertilizer. Suddenly Mindark cares about events in-game other than their own? Very skeptical about it.

    Gratz tho buzz tho!

    You created your account
    2004-12-21.

  7. #7
    Prowler SoReal's Avatar
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    is fertiliser actually used/needed @ CP , I have never actually checked but ive never seen complaints about mob densities.

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  8. #8
    1. what about revenue from mining activity? will it be shared alongside hunting activity profits?
    2. if not, how much revenue from 2018 was generated thru hunting and non-hunting activities?
    3. how much hunting revenue was generated in 2018 from activities inside caves and outside caves?

  9. #9
    Stalker
    This member has helped support PlanetCalypsoForum in the past via donations.
    LAZZ's Avatar
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    Isnt the caves a part of CP ?


    Hi, your account was created on the following date 2004-09-26.
    Regards,
    Entropia Support

  10. #10
    Prowler SoReal's Avatar
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    Quote Originally Posted by stc44 View Post
    This quote is hidden because you are ignoring this member. Show Quote
    1. what about revenue from mining activity? will it be shared alongside hunting activity profits?
    2. if not, how much revenue from 2018 was generated thru hunting and non-hunting activities?
    3. how much hunting revenue was generated in 2018 from activities inside caves and outside caves?
    you cant mine on CP

    SoReal's Quad-Wing Equus Warp Services.
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