Korin Dante MDe
Prowler
- Joined
- Sep 16, 2013
- Posts
- 1,270
What has been the ROI we getting on the payout received monthly from Compet deeds with taking Mindark sold as cost price and also considering present market price?
What has been the ROI we getting on the payout received monthly from Compet deeds with taking Mindark sold as cost price and also considering present market price?
Nothing more to say really.
Rick
Actually, there's a lot to say, but not worth saying since it'll all fall on deaf ears.
What has been the ROI we getting on the payout received monthly from Compet deeds with taking Mindark sold as cost price and also considering present market price?
lets try to answer the question.
assuming that all goes well and there will be payouts in september, october, november and december and that you have an average of 1 pec per deed per month, that's 12 pec per year
original price was 100 ped per deed. So it will take 833 years to break even if people keep playing this game that long.
current price is around 20 ped. It will take 166 years to break even.
A "normal" investment opportunity in Eu has a roi of 5-8 years. lets assume 8 years then,
the realistic price of a compet is 12x8= 96 pec or approximately 1 ped.
That is still a high risk investment, because it assumes that there will be a payout every month and people will keep playing compet for 8 years to come.
who'da thunk it?
How does the ComPet app relate to the reimplemented Entropia Universe taming system that was announced not long ago?
As explained in the original ComPet announcement, the ‘traditional’ Entropia Universe taming system that was disabled after Version Update 10.0 will be reimplemented, with some exciting new features. In additon, the recently auctioned Entropia Universe stables will have the ability to sell pets and services to ComPet players.
The Stables were sold on a possible link to the app as well?
Did that ever happen?
Interesting thoughts and posts good read.
Lets be honest though, The Entropia community bought compet at the price Mindark "the developer" we trusted suggested they could make it work to generate revenue (a company with a good 15 years experience in RCE gaming). In other words the developer must have known what systems they would need to add to Compet to generate revenue (in it's current state), to justify the price of the deeds Mindark sold.
For me; I never considered that Mindark would act like a bolier room towards their own long term community. Sure we all know MA sell us stuff that can devalue pretty quick, but surely even Mindark have their limits. I just didn't want to beleive I guess that Mindark would do this to us.
Maybe I'm in denial, although I still believe compet is not a finished game. Simple things like adding a ped paid forest that you can loot ped is a step forward. The big question for me has always been; why don't Mindark want to add systems that will generate revenue?
Rick
If people have too much money they should grab a bigger gun and have some fun instead wasting it on pec's and 20 years ROI projects or investing outside entropia in a high risk fond, but thats only my personal opinion.
People purchased stables must feel also screwed. I dont think that selling buffs is much profitable i dont think they will enhance a "dead" system. Some stables dont even got their visuals, they still just a single terminal standing in the middle of somewhere.
Compets had a massive amount of signs that it will end up like it did and i can only assume that a lot of people who put their money into this have no expirience with high risk high reward investments.
Interesting thoughts and posts good read.
Lets be honest though, The Entropia community bought compet at the price Mindark "the developer" we trusted suggested they could make it work to generate revenue (a company with a good 15 years experience in RCE gaming). In other words the developer must have known what systems they would need to add to Compet to generate revenue (in it's current state), to justify the price of the deeds Mindark sold.
For me; I never considered that Mindark would act like a bolier room towards their own long term community. Sure we all know MA sell us stuff that can devalue pretty quick, but surely even Mindark have their limits. I just didn't want to beleive I guess that Mindark would do this to us.
Maybe I'm in denial, although I still believe compet is not a finished game. Simple things like adding a ped paid forest that you can loot ped is a step forward. The big question for me has always been; why don't Mindark want to add systems that will generate revenue?
Rick
Tunnel vision. Entropia is here only because of gambling addicts and some whales profiting on them, that's why game is free to play model. Conpet, Deeptoken, it's all failure from day 1, it's just means to move money.
If Entropia had 15$ monthly fee like every other MMO back then or it would be F2P model with cash shop, game would of died in a month.
Entropia is here only because of gambling addicts and some whales profiting on them, that's why game is free to play model.
Conpet, Deeptoken, it's all failure from day 1, it's just means to move money.
If Entropia had 15$ monthly fee like every other MMO back then or it would be F2P model with cash shop, game would of died in a month.
I commited 5k$ to see if I can reach lvl100. I quit mid way, pulled out my funds, when I learned about Mindark and the way they operate. I now just click random trash I have left on my account, once it runs out I'll be sweating and keep posting on forums like all the "vets" With the difference, that I actually learned something
I hear ya. What I think is really sad, and from a management point of view incredibly unbelievable. Is MA had a format that had appeal and customer longevity with Entropia, if you put aside the game physics etc. Why Mindark didn't mirror that with a small App game for pets that ran on phones and tablets is totally beyond me.
It was a brilliant opportunity to start with a clean slate, based on all the experience MA had gained over the last 15 years. They could've got a whole new player base, and as it would've had a similar format, it could've helped with EU traffic as well. But they go for a basic PVP battle app instead.
Sometimes I wish I had the coding knowledge and funding to do it myself. I actually downloaded Unity (engine for Compet) to see what I could do with it even at basic levels, I got so frustrated with MA. At times I wish I could walk in their boardroom, and ask WTF are you guys doing?
There comes a point though when it doesn't matter how many years we've been around and consider ourselves part of the Entropia history or even part of the furniture, it becomes a struggle to defend the direction Mindark take. It's sad really, maybe that's the price of survival who knows.
Rick
...
I commited 5k$ to see if I can reach lvl100.
...
So you learned that YOU couldnt do it.
I just calculated and Compet is giving a ROI of 0.23% annually with initial sales price of 100 PED. That's ridiculous, when is MindArk going for IPO in European market?
And for you Rick, I really think you are one of the kindest persons around here on the forum, and I really mean it!
But, whenever I read your posts, it wants me to listen to this music and
I just calculated and Compet is giving a ROI of 0.23% annually with initial sales price of 100 PED. That's ridiculous, when is MindArk going for IPO in European market?
HAHAHAHA.....well you made me laugh.
Truth is I gave up hunting and mindforce to take the a new direction in pets 4 or so years ago. so I sacrificed many years of game play to train EU pets and back Compet. But the promised content for EU pets never happened, and MA didn't give compet enough activities to generate income.
It takes years mate to add a good million plus XP to top end EU pets.
Back in the day I used to enjoy adding hof posts to the forum, and really enjoyed skilling mindforce and rifle. Plus my antics in space in basic quad looting ESI's from cosmics...fun days.
To be honest my the last 4 years in EU feels like a complete waste of time, because I don't feel my pets have any purpose and my Compet deeds are worth f**k all and don't pay.
I learned a valuable lesson though, TRUST NOTHING MA says, until it's in game and working. I wish that wasn't true, but it is.
Rick