Arkadia Moon Deeds

[~CHOPPER~]

Arkadia Moon Deeds.

I was wondering was the newest cash cow was going to be.

 

[RickEngland]

Got an email yesterday from MA pushing those deeds.

Apparently 40K deeds sold already at the max January discount.

Rick

 

[AxeMurderer]

How do you know 40k are sold

 

[jambon]

How do you know 40k are sold

it was in the email they sent out

Got an email yesterday from MA pushing those deeds.

Apparently 40K deeds sold already at the max January discount.

Rick

Yeah I saw that too - honestly I find it hard to believe that they've sold so many. Though I have a sneaking suspicion that if they did in fact sell that many the vast majority have been bought by only a couple avatars.

On a side note I'm selling ATH futures at the discounted price of only 95 peds each. Only 2,000 will be sold and each one entitles the holder to a share of any ATH's I hit in the future. Shares cannot be traded with others until all are sold and the first ATH is hit.

 

[AxeMurderer]

o yeah, I see it now

 

[Granny Rowan]

Hate to burst your cynical bubble of smugness chaps, but a hell of a lot of Ark regulars have made purchases of the moon deeds. Reasons vary from wanting to support the A-Team in a new venture to speculation on returns once the moon is launched. Investment varies from just 10 deeds to over 1k in some cases. If you don't want to buy in that is cool, we all play and invest differently, but at least the investors are being kept informed (as they were with underground deeds) unlike some of the efforts by MA for compet etc
It doesn't take a huge number of investors to get to 40K but the money raised will give a nice boost to the dev team budget.

 

[aka_fr0st]

so even though this is the last day of the discounted price, they only sold 20% of the deeds ?! nice...
makes one wonder if they will even have enough funding to go through with the project; any if they do and they sell 99.99% of the deeds, we will still not be able to sell our deeds in-game; so if we cannot sell them "in-game" as they stated, will we be able to sell them exactely where? if they don't get enough funding, will i be refunded or what? how? pedcard?
imo there's too many blanks regarding this so called dark moon...

 

[wizz]

well I admit.

I bought them.

....all 5 of 'm.

 

[GoNi]

Buy at 50 PED / deed now, sell at 60 PED / deed once all are sold out, the moon is up and the deeds become tradeable.
20% profit within one year, if timeframe given by Ark Team is held.

Not the worst investment for speculators.

I am not surprised that so many are already sold.

 

[Ace Flyster]

Ignoring Compet, all previous deeds were based on existing systems with existing payouts.

This venture to give out deeds with no payout to pay for future stuff, is completely the wrong direction. It begs of . . . . we don't have enough money to expand our game, its not going great ........(talking of arkadia) .........and they still don't advertise the game (MA or Arkada)

Rgds

Ace

 

[Ace Flyster]

Ignoring Compet, all previous deeds were based on existing systems with existing payouts.

This venture to give out deeds with no payout to pay for future stuff, is completely the wrong direction. It begs of . . . . we don't have enough money to expand our game, its not going great ........(talking of arkadia) .........and they still don't advertise the game (MA or Arkada). So all arkadia are going to do is use the existing player base which will only dilute the AUD's payout.


Why the F*** don't these people advertise.

Rgds

Ace

 

[mastermesh]

Ignoring Compet, all previous deeds were based on existing systems with existing payouts.

This venture to give out deeds with no payout to pay for future stuff, is completely the wrong direction. It begs of . . . . we don't have enough money to expand our game, its not going great ........(talking of arkadia) .........and they still don't advertise the game (MA or Arkada). So all arkadia are going to do is use the existing player base which will only dilute the AUD's payout.


Why the F*** don't these people advertise.

Rgds

Ace

Said it almost yearly the last few years, will say it again,,, perhaps someday Mindark or a PP will listen...

I still say Mindark should set aside something somewhere and get an ad on the superbowl in a year or 3. Godaddy did it and became popular overnight.

If they literally just had someone read half of the crap on the wikipedia entry for the game under the "Significant events and virtual property sales" during a big tv ad, population would double or triple overnight (may drop after a month but it would be a population increase vs what we've had since vu 10).

 

[jetsina]

so even though this is the last day of the discounted price, they only sold 20% of the deeds ?! nice...
makes one wonder if they will even have enough funding to go through with the project; any if they do and they sell 99.99% of the deeds, we will still not be able to sell our deeds in-game; so if we cannot sell them "in-game" as they stated, will we be able to sell them exactely where? if they don't get enough funding, will i be refunded or what? how? pedcard?
imo there's too many blanks regarding this so called dark moon...

Pretty much my thoughts as well there. I don't consider it to be negative to make projections and look at what options are provided for the future.
My thoughts were that they might perhaps inform us of the sales as per end January, with my expectation being that it will then become harder for the deeds to sell after the initial enthusiasm and the period with the lowest price.

From now on, the only sales spike I expect before launch might be close to the release as people feel they might miss the opportunity if all sell before they try and buy, plus after the release if all goes well.
I do expect a good number to still be available at launch for 60 peds as things stand, and a slight saving grace over the 50 peds not being available any more (in theory, but only via depositing money which isn't actually peds) is the dollar exchange rate which may continue to change beneficially for European investors between now and then.

Of course I hope the moon is a success, but not making the deeds available in game for maybe 60 peds and not allowing trading before all have sold as well are big mistakes in my opinion!

 

[wizz]

last day for 50 ped!

Hurry hurry!

 

[mastermesh]

last day for 50 ped!

Hurry hurry!

Think u mean 25 usd...

 

[wizz]

Think u mean 25 usd...

lol, yeah, well, sorta.

Not 25 usd, but 5 USD

I also got this when I'm a shop. I always try to pay with ped.

Somehow people just stare at me when I ask how much ped it is.

 

[jetsina]

lol, yeah, well, sorta.
Not 25 usd, but 5 USD

I think it's a minimum of 5 per pack or so....
Peds and pecs run riot in my mind too, though.

 

[thoreau]

Ignoring Compet, all previous deeds were based on existing systems with existing payouts

I think MA has been using this model for a while now.

While not called 'deeds' MA used 'licenses' in the same way.

Banks, malls, and Monria were all sold first then built.

I think the same is true for CND although I don't remember exactly.

In each of these MA used money from the sale of the item to pay for the development of the item. The buyer took a risk that MA would deliver.

The Arkadia Moon deeds are the same except instead of one buyer taking a huge risk you have hundreds or thousands taking lesser risk.

 

[AxeMurderer]

If you don't like it invest in Star Citizen, no sale of non existing assets there

 

[Ace Flyster]

I think MA has been using this model for a while now.

While not called 'deeds' MA used 'licenses' in the same way.

Banks, malls, and Monria were all sold first then built.

I think the same is true for CND although I don't remember exactly.

In each of these MA used money from the sale of the item to pay for the development of the item. The buyer took a risk that MA would deliver.

The Arkadia Moon deeds are the same except instead of one buyer taking a huge risk you have hundreds or thousands taking lesser risk.

Good point i hadn't thought of it like that. Was too concentrated on Deeds.

Rgds

Ace

 

[Skywalkah]

My speculations about the non advertising is that gambling is government owned and strictly regulated in Sweden and MA doesent want to get looked at by the gambling committe and be classified as a casino.
However i bought 50 deeds.

 

[mastermesh]

(sorry to head way the hell off topic with this post, but posting it here for those that may be reading this and making false assumptions based on some of the the other posts in this and similar threads...)

My speculations about the non advertising is that gambling is government owned and strictly regulated in Sweden and MA doesent want to get looked at by the gambling committe and be classified as a casino.
However i bought 50 deeds.

Ain't the case since the gambling commission has looked at Entropia at least twice and in both cases indicated more or less that they don't care about Entropia as far as it is related to gambling...

The Swedish Gambling Authority has investigated the “Loot” system in Entropia Universe in journal number 13Li3786. The investigation was closed on the 30 of October 2013.

The Swedish gambling market is regulated by The Swedish lottery act (1994:1000). The general rule is that lotteries must not be arranged except by permit (Section 9, Lotteries Act). Permits may in principle only be granted to non-profit making associations whose activities are for the public benefit (Section 15, Lotteries Act), it is thus not sufficient for a permit to be granted that the proceeds of the lottery are applied for charitable purposes.

There are two possibilities for The Swedish Gambling Authority to act in cases of suspicion of crime, one is to submit to the suspect with a penalty (Vite) the second one is to notify the police. To submit the suspect with penalty it is required to that the offense has been committed within Swedish jurisdiction, this means a server is located in Sweden or the person or company that offers the lottery lives in Sweden.
It also requires an exact moment when the crime has been committed. It is, therefore, necessary to secure documentation of a Swedish player who lives in Sweden when he or her wins “Loots” in order to prove that the location of the criminal act is within the Swedish jurisdiction and that the legal person responsible for lottery is Swedish. The Swedish Gambling Authority would likely need to dedicate an employee on full-time to play in Entropia Universe before the possibility of gaining loots in Entropia Universe. It has to been proved that the actual legal person which is responsible for lottery is Swedish, in this case, MindArk and that it is not arranged by a foreign subsidiary to MindArk. This would require a thorough investigation concerning MindArks corporate structures.

Anyone may make a police report at suspicion of a criminal offense. It is likely to assume that the circumstance needs to be proven up to the level which is mentioned above in order for the Swedish court to decide on a punishment on a suspected crime. The Swedish Gambling Authority has come to the conclusion that current circumstances isn´t sufficient evidence to make a police report, if you wish to make a police report, please notice attached contact details below

Circumstances of the case Entropia Universe has been put forward for head of department in the case of how the matter should be handled. Head of operational department which is responsible for the prioritization and allocation of resources, has decided that The Swedish Gambling Authority currently does not have the opportunity to further investigate the matter with reference to the extensive resource case would take.

Polismyndigheten i Västra Götaland
Box 429
401 26 Göteborg
Sweden

Kind Regards
Josefin Jansson

LOTTERIINSPEKTIONEN

On a related note, as far as police goes, Mindark's also stated this before in support ticket:

Unfortunately, we can not return items or money lost due to a scam. Since all items in Entropia Universe have a real value we instead advise you to consider filing an official police report about your lost items. If the police contact us, we will cooperate with them and submit all available logs we have.

They DO advertise, just not too effectively... as most folks that see the google ads, etc. are people already playing the blasted game usually.

As far as advertising goes...
Several years ago there was an affiliate program started (which also revealed a lot about how the game runs to be honest) but it never took off. (below quote from the original affiliate links' website (no longer exists except in historic archives) directly contradicts what many in the community believe about auction fees going back to loot pool (which was an assumption based on some ancient Marco statements))

Another source of income are fees and commissions attached to the in-game auction and player's shops. Every sale on the auction and shops produces a sales commission that also gets shared 50:50 between Mindark and the Planet Partner.

I think a few individuals still have their affiliate links, but no clue if they are getting payouts based on those still or not, or ever did?

http://www.entropiaplanets.com/wiki/Entropia_Universe_Affiliate_Program

http://www.entropiaplanets.com/thre...rk-2009-20xx-and-the-german-xarxa-gmbh.22019/ - info about the 3 'publicly known' affiliate links...

May be interesting if Mindark or some Planet Partners themselves start setting up/doing more officially with various affiliate programs down the road... (especially as more planets branch out in to other weird crap like the crypto-currency stuff that Rocktropia is starting to fool around with and the deep token junk Mindark is about to get involved in, and all that ico junk that Arkadia's already involved in as a side gig)

 

[Fiona Simmons]

Whatever you deposit, after 6 Months it belong 100% to mindark and the "decay and fees" are just a tool to measure the distribution of that money. Ofc they keep enough money aside to pay out withdrawels and perhaps they don't spend money over their "earned decay and fees" if they dont have to / buying another castle in germany.

Withdrawing more money than you deposited within 6 months is up to mindark and unless they go bancrupt they will happily do so because if they weren't the system would lose trust and collide. They have an insurance that will cover all deposits up to 6 months (i belive), so even if they crash and burn to zero that ammount of money is safe. Whatever the decay is, mindark will always use at minimum the ammount of money we transfered into their bank account that covers the operating cost of EU and the pay for the staff and management even if that ammount wasn't reached from "decay and other sources of self proclaimed income".

Why they want money over webshop and not peds for stuff like moon deeds and why they foster strongboxes so hard, in my opinion because they know best that entropia has a massive ammount of peds that are not coverd by real funds and if those are used to buy the deeds no money for development / operating the buissnes is earned.
You can withdraw your peds and than buy from webshop but if everyone do this at the same time thats probably the end of EU

Or is my interpretation of the eula that wrong ?

 

[Aloisius]

OBOY am i gonna be pissed to find no payout on these deeds...please tell me that isnt true...like WTFFS

 

[wizz]

OBOY am i gonna be pissed to find no payout on these deeds...please tell me that isnt true...like WTFFS

huh, what are your rambling about??

Hold your horses for now and let them build the moon first before worrying about payouts

 

[The Jetman]

OBOY am i gonna be pissed to find no payout on these deeds...please tell me that isnt true...like WTFFS

thats the risk you took, not sure which post made you think there wouldn't be a payout. Ark is well established and depending on their smuggler missions will be popular

this is how i see it playing out to begin

first 3 months

AUD 50% payout drop
AMD doubles current AUD payout

if moon is good, likely we will see parity between the deeds with maybe AUD to still be better

But end of the day, if compet deeds are selling about 40ped and for 2pec a month, hell if AMD drop .5 pec a day, thats 15 pec a month. 7.5 times better than the compets, so i can safely say, AMD would be worth 300ped each

 

[mastermesh]

OBOY am i gonna be pissed to find no payout on these deeds...please tell me that isnt true...like WTFFS

Whatever it is it'll likely 've better than compet payout

 

[thoreau]

Why they want money over webshop and not peds for stuff like moon deeds and why they foster strongboxes so hard, in my opinion because they know best that entropia has a massive ammount of peds that are not coverd by real funds and if those are used to buy the deeds no money for development / operating the buissnes is earned.
You can withdraw your peds and than buy from webshop but if everyone do this at the same time thats probably the end of EU

Or is my interpretation of the eula that wrong ?

I think you're spot on but I'll go a bit further. I think 100% of in game PEDs are pure fiat. Every time you sell something to the TT those PEDs are generated on the fly and not tied to any real world deposits.

This all changed when as you said MA switched the EULA from covering all TT value of items to covering the last 6 months of deposits. With that change MA allowed PEDs to become a simple token that the game is played with.

Any you're correct that this is why you'll never buy another Treasure Island or CND with PEDs like before. Because PEDs have no value to MA.

 

[Aloisius]

Ignoring Compet, all previous deeds were based on existing systems with existing payouts.

This venture to give out deeds with no payout to pay for future stuff, is completely the wrong direction. It begs of . . . . we don't have enough money to expand our game, its not going great ........(talking of arkadia) .........and they still don't advertise the game (MA or Arkada)

Rgds

Ace

ha - way to wake me up with rumors of no payout lol - didnt make sense - i fell for it because MA well MA...but reading http://arkadiaforum.com/threads/dark-moon-rises.14456/ makes me feel just slightly less retarded lol. Now I knew they were going to have payouts - why in the hell would I buy them if they didnt. I mean that would be a donation then 100%. So, I'm happy I'm not 100% retarded. Shhhh don't tell anyone OK?

 

[PigeonQueen]

Was moon deed payout natural?

I was thinking about first moon deed payout and now I'm under impression it was artificial and made up by the team, probably to impress potential buyers and speed up web shop sales. Why do I think this way? There are two reasons.

1. Common sense: imagine -- random number of people were doing random activities for random time and produced (surprise!!!) exactly 6000 ped revenue.

2. Some math: I have 200 deeds and I've got 6.00 ped because of this 6000 ped total revenue. Which revenue might bring me bigger payout like 6.01? Easy to calculate 6.01 / 200 * 200000 = 6010. So total revenue for sure was in between 6000 and 6009.99, I don't think it's possible to have such nice result (see reason #1). If you have more deeds like 1000 and got exactly 30.00 ped not even 30.01 then this total revenue spread is even smaller. Let me know if you checked this.

So how do you think? Is team unfair with deed holders/buyers since day one or my opinion is wrong?

I did not see second payout yet, may be it's natural already...