1 XMR invested in the Hypothecary Bank long bond (guaranteed by the Town and His Majesty The King) in CryptoKingdom, is returning 2.5 XMR in January-2016.
Sorry didnt read all. But: how is this possible?
Can this game ever be a danger to Monero?
i would also be interested in how this works? is there a upper limit? we do not want you to pay with your own money or get into troubles with that
edit: is there a place where we can talk about the game without roleplaying? ask questions and everything..i do not feel like the Ck game thread is the right place for that..
I think that the 'guaranteed by the Town and His Majesty The King' means that you must actually participate a bit in the game and help it if you want your investment to be more secure...
It never hurts to be friendly with the guy holding your money.
- It is possible by people borrowing the money to invest in ingame assets that pay back even better.
- If it's a danger to monero, it's very bad planning: CK was born in a MEW workshop where only executives were present, as a direct response to the need of marketing of XMR
- The upper limit of bonds is very low atm, only 2,500 XMR in total were offered last time.
- Yeah, CK thread is open for questions, but closed for questioning. Some don't know the difference.
- The guarantee by the two wealthiest characters of the game does not infer that you must play the game. It just means that it is practically impossible for the game to continue without the loan to be paid back as agreed. If you lend money to any 1 character, he can go bankrupt and you don't receive back in full, and everything else will continue.
- In other words, "the public" sees that the probability that the game still exists after a year is 40% (1/2.5). In the last time these were offered, it was 25%, so we are making progress