Joat
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Sand king event is less then nothing compared to calypso wide turnover. One amp crafter can cycle more then a sand king event in a day easy.
Crafters don't generate decay thou'...
Sand king event is less then nothing compared to calypso wide turnover. One amp crafter can cycle more then a sand king event in a day easy.
Question:
Does the "income" from the sale of the CLD count into the total gross revenue?
If not, why not?
Q. How will the proceeds of the Land Lot deeds be used by MindArk?
A. The proceeds from the Land Lot deeds will help to finance a substantial Entropia Universe marketing campaign, along with further development of Entropia Universe and Planet Calypso.
Q. How is the revenue share for Land Lot deeds calculated?
A. The Planet Partner Gross Revenue will be divided as follows: 50% paid to Land Lot deedholders (1/60000), and the remaining 50% retained by Planet Calypso (AR Universe AB) to cover the ongoing development, marketing and operating costs of Planet Calypso.
Q. How is the Planet Partner Gross Revenue calculated?
A. Planet Partner Gross Revenue is calculated and paid by MindArk to the Planet Partner, and includes avatar activity on Planet Calypso, along with the activity of Calypso avatars in Space and on other Entropia Universe planets. Avatar activity includes deterioration of items, as well as various other fees and avatar activities.
Posted on behalf of Jan Welter Timkrans
One of the main reasons for introducing this new system was to finance a substantial marketing campaign for the Entropia Universe. We are committed to initiating a marketing campaign as soon as possibly at much larger scale then we have ever done before.
FAQ said:Q. How will Land Lot deedholders receive revenue share payments?
A. Payments will be deposited directly onto each deedholder’s Entropia Universe PED Card balance.
A. Calypso Land Deed revenue is placed into a special PED account available via the "PED Flow Center" interface.
Probably not, as the money will be used for marketing
Not much one can do with 3.5 PED.
does that equal $84,000 revenue per week that Calypso generates? That seems quite healthy.
Yeah, it does math below:
3.5PED/deed
60000 deeds
25% revenue = goes to deeds
100/25% = 4
3.5 x 60000 x 4 = 840000PED
840000PED = 84000USD
I know not all decay is incorporated to the revenue.....but:
Lets say MA pays back 90%
So 84k usd * 0.1 = $8400 per week after loot returns
So MA as calypso planet partner, have $8400 to spend on development?
I know my maths is wrong here somewhere?
Rgds
Ace
I know not all decay is incorporated to the revenue.....but:
Lets say MA pays back 90%
So 84k usd * 0.1 = $8400 per week after loot returns
So MA as calypso planet partner, have $8400 to spend on development?
I know my maths is wrong here somewhere?
Rgds
Ace
Your math is wrong a few places.
First, its $84,000 not $8,400. Big difference.
Second, thats only 25% of what the total sum of income was for the week. The full figure, including development costs, paying the bills, and paying your employees is $84,000 * 4 or $336,000.
If MA has 20 employees working on Calypso alone, and those employees make $2,000 a week (very generous), thats still only $40,000 spent that week. If they have 80 Employees thats $160,000. Again, a $2,000 per week salary is generous. That puts each employee at about $120,000 per year (estimated). That's about half of what was brought in, at any rate.
Now we pay the players, so we still have $80,000 left to develop/advertise.
But we've already paid the employees, so....
Your math is wrong a few places.
First, its $84,000 not $8,400. Big difference.
Second, thats only 25% of what the total sum of income was for the week. The full figure, including development costs, paying the bills, and paying your employees is $84,000 * 4 or $336,000.
No, $21000 is 25% and $84000 is the total
It means about $350000 per month I guess
Also, he got the $8400 from taking 90% to loot from the total sum at the end
OK, well then the numbers for Week 1 December are less than promising, honestly. This is a slow month though
I'd say its not too bad considering the crippling auction bugs, people stuck in space, people attenting rextelum wave spawn instead of doing their regular activities, the upcoming Christmas, etc
Exactly. Less than promising does not equal a doom prophecy.
So to sum up: Last weeks total revenue generated on calypso was 840.000 ped = 84.000 USD.
If the month remain in same numbers the total revenue for calypso is Rw x 4 = 336.000 USD.
If this is true for the year, its gonna be 336.000 x 12 = 4.032000 USD
And if we look at the financial reports we can clearly see that this week was far below the average.
Yep, it'll get better once that is all sorted out and the (hopefully successful) marketing campaign starts
I mean it would be much worse if MA simply posted the video below as a press release
EDIT:
Actually, a month is slightly longer than 4 weeks, meaning your calculation only uses 48 weeks/year
It would be more accurate to simply say 84'000USD x 52 weeks = 4'368'000USD/year
Didnt see that.
OK, well then the numbers for Week 1 December are less than promising, honestly. This is a slow month though, and I know from my own business during slow months you spend, and during high profile months you save for leaner times. If my weekly salary calculations are turned into monthly salary calculations I would not be too impressed!
Yeah that was my thinking, before paying employees/rent/general running costs
$8400 isnt that much really
Rgds
Ace
You are off by a factor of 10. 3.5 x 60000 x 4 x 0.1 = 84000 USD.
3.5 (ped) * 60000 * 4 * 0.1 = 84,000 ped = $8400
Rgds
Ace
3.5 (ped) * 60000 * 4 * 0.1 = 84,000 ped = $8400
Rgds
Ace