Stock market module
We would like to try something new in the development process of the game.
From time to time we propose some major game extension and organize fundraising to develop it.
If the project is accepted by users (there is enough money collected), the idea is implemented using raised money.
If the project is not accepted, collected money is sent back to donors and the project is canceled.
The time limit to raise funds is set for April 30th, 2012.
In addition we offer some gifts to our donors
UPDATE #4
At game day 280 we will proceed with tests of the stock market module - we will start 30 new stock companies!
Of course everyone will be free to invest their money in the new companies - this will be a great opportunity for CEOs and investors to make more money.
New stock companies will be lead by our donors and will be located in their home countries.
Note
In the nearest future we will create a moderated stock company index containing the most trusted, liquid and interesting stock companies.
If you want to have your company in the index, then basically you need to invest well money of your investors.
When tests are over and we get rid of all bugs, we will finally unlock the create stock company button.
UPDATE #3
We are glad to inform, that the stock market module will be released at day 270 (1st June).
At the very beginning the module will be in beta-test mode and it won't be possible to create your own stock companies.
For the first week, the stock company market will be limited to one company controlled by mmarian25 mmarian25 . After that, we will create more stock companies controlled by our donors .
Starting with day 284 it will be possible to create stock companies on your own.
UPDATE #2
We successfully raised money for the stock market module!
We started working on the project, it is expected to be released in June.
We will post more updates about the development process.
UPDATE #1
We will publish updates on progress here.
There is also a special forum topic where you can discuss this project and ask for more details.
ABOUT THIS PROJECT
Stock market module will make it possible to create companies owned by many investors at the same time. Such companies will be able to raise capital by issuing shares and selling them to the public. Ordinary citizens will be able to invest gold in any public company. They will be also able to participate in shareholders meetings in order to make some decisions (i.e. sacking CEO or issuing more shares)
The module will be quite simple - starting a public company will look as follow:
1) Company Founder pays 50 gold to establish company. The gold will be converted into 50 shares belonging to the Founder. At this point the founder will automatically become CEO and an owner of 100% shares.
2) Company Founder issue additional shares at specified price
3) Issued shares are moved to the stock market where they can be bought by investors (if this happens, their gold is moved to the company treasury)
4) CEO buys companies and assigns managers to them.
TIME TABLE
Stock market module is a bit more complex than any other module, so it will take few months to be finished:
1) Implementation - approximate 8 weeks
2) I phase - limited beta tests - two weeks
50% of the first public company will be owned by the top donor, remaining shares will be given to other donors.
CEO and shareholders will be able to test the whole module - issue shares and sell them to the public, pay dividents, hire managers.
During this phase there will be only one public company and it won't be possible to create new public companies.
3) II phase - extended beta tests - two weeks
All major donors will be able to start their own companies and issue their own shares.
It still won't be possible to create new public companies, but now investors will have choice between multiple public companies
Available public company roles
*Chairman(CEO):
- Need 50% or more of stockholders votes to be elected
- Need more than 50% of stockholders votes to be sacked
- Hires general managers and salesman
- Can propose a dividend
*General Managers:
- Nominated by the CEO
- Manages selected company
*Salesman:
- Nominated by the CEO
- Buy and sell products, trade currencies.
Safety
- All company transaction will be revealed to the public so every citizen will be able to rate the company before buying shares
- Fraud actions will be forbidden - it will be possible to call a moderator to reverse the fraud
- It will be possible to see value of all assets owned by the company
Others:
- Shout channel for shareholders
- Dividends
- Trading products via public company
- Public company rankings
Actions possible for shareholders:
- Elect CEO
- Sack CEO
- Pay dividends
Civil war module
We would like to try something new in the development process of the game.
From time to time we propose some major game extension and organize fundraising to develop it.
If the project is accepted by users (there is enough money collected), the idea is implemented using raised money.
If the project is not accepted, collected money is sent back to donors and the project is canceled.
In addition we offer some gifts to our donors
The time limit to raise funds is set for April 30th, 2012.
UPDATE #3
Civil war module is almost finished - it just requires some tests and tuning.
In the following days, we will start a test civil war in some country to get your feedback
UPDATE #2
Thank to everyone who donated money! The civil war module is under development and should be ready by the end of april.
UPDATE #1
We will publish updates on progress here.
There is also a special forum topic where you can discuss this project and ask for more details.
ABOUT THE PROJECT
Civil war module will make it possible to start a civil war against the current government.
Outcome of the civil war will be determined by the result of a single battle.
However, starting and winning a civil war will require support from majority of the population.
If the war is won by rebel forces, the current government is replaced with the new one:
- Civil war starter will replace the current president
- Current congress members will be partially replaced by top rebel fighters (the number of rebel congress members will depend on battle results - greater victory means more rebel congress members)
How it will work
- Some citizen pay gold to initiate a civil war attempt
- A 24 hour pool is started. Local citizens must choose to support or not the rebellion.
- Civil war will start if at least 33% of the population supports the rebellion.
- If the battle is won by defenders, rebellion fails - otherwise, the current government is replaced by the rebel government.
Rules
- Starting civil war will require 50 Gold + 10% of total active population
- Civil war will start if at least 33% population support the rebellion.
- Rebel president lose his/her seat in the next election (the same applies to the rebel congress members).
- Only one civil war per week is allowed
- Only citizens of involved country will be allowed to participate in the war
New shout and comments Module
We would like to try something new in the development process of the game.
From time to time we propose some major game extension and organize fundraising to develop it.
If the project is accepted by users (there is enough money collected), the idea is implemented using raised money.
If the project is not accepted, collected money is sent back to donors and the project is canceled.
In addition we offer some gifts to our donors
The time limit to raise funds is set for April 30th, 2012.
UPDATE
We will publish updates on progress here.
There is also a special forum topic where you can discuss this project and ask for more details.
ABOUT THE PROJECT
The idea is to replace the current simple shout module with a new one - similar to the one on facebook.
No, we are not planning on integrating facebook into the game, we just want to add some features
- Vote button (similar to 'like' button on facebook):
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