The direct trading market in Simcountry offers the possibility to exchange game assets and virtual money into Gold Coins and use these Gold Coins to purchase other assets and game privileges.
Assets that can be traded include countries that are part of an empire, Enterprises in all worlds, Corporations and game money that the player earned while playing countries and Enterprises.
At a later stage, assets trading will be extended with Mining concessions, oil and gas winning concessions and other rights to natural resources in various parts of all worlds and with world corporations that will be large conglomerates of up to 20 merged corporations selling many different products.
The direct trading market offers more information about the value of resources in the countries and enterprises in all worlds. The information makes it easier for players to estimate the value of assets and their capacity to generate profits.
When a player is trading a game asset for Gold Coins, the Gold Coins are added to his account in the game.
When a player is trading a game asset for Gold Coins, the Gold Coins are added to his/her account in the game. Gold coins can, under some conditions be exchanged into cash. The money is paid out into a Paypal account.
Conversions can take place if the account retains 500 Gold Coins after the conversion. W3creative has set minimum amount for payment using Paypal of US $ 25 The amount is set to reduce administration and bank costs that are involved with very small transactions. Gold coins can of course be used to purchase various privileges and boosters in the game.
The exchange of gold coins into cash can be turned off and conditions can be changed without prior notification.
2. Nominal Value of countries and enterprises in $ US [ top ]
The nominal value of countries and Enterprises is an indication of the value of the country but it is a game assumption and does not indicate any real value nor does it give any right to receive any real $ value for these game assets. (Clicking on the nominal value will show the details of its computation).
The nominal value has several asset components. The total assets value of the country (or enterprise) is converted to a number of gold coins, based on the exchange rate in the world where the country is located.
The size of the population and specially the number that exceeds 70 million is also a factor in the value.
All values are in $ US and assume a gold coin price of $ 0.10. This is true when 360 gold coins are purchased for $ 36 but the price is higher if smaller numbers are being purchased and lower if the gold coins are paid out.
The direct trading market feature allows the owners of multiple countries (empires), or multiple enterprises, to sell countries or enterprises on the direct trading market and receive payments in Gold Coins.
Bidders can see the whole list of offers and can bid on any of the offers within the limitations as described in this document. Bidding can take place by any player. Bids must be entered within the bidding period or otherwise the offer will show that it is closed. Any bid, must be at the same price or higher than the minimum requested amount.
The bidder can see the highest bid price but cannot see all the bids nor can he see who has made any of the bids. The bidder can contact the player who offered the asset and negotiate conditions outside the biding process.
The bidder can see the list of assets for which bids were entered and can retract any bid as long as it was not accepted. Entering bids that are not meant to end up in a purchase is risky as the offering party can accept any bid at any time and does not need to wait for the end of the bidding period.
If the bidder is exchanging gold coins for game money, the transaction will be executed with the proper exchange rate.
If the bid is for population transfer, the bidder specifies the world and country name where the population is being transferred to.
If the bid is for a country, the bidder may already have countries in the same world and in that case the country will be added to his empire. It may also be a first country in that world.
If the bid is for an Enterprise, the bidder can have only one enterprise in that world as more than two enterprises are not permitted in one world. The bidder may have no enterprise and purchase his first one.
Users who have an empire on any of the worlds, can offer some of their countries for sale. The same applies for users who have more than one enterprise in a world.
The price depends on offers by users on the market. There is a minimum price for any country or enterprise of 200 Gold Coins.
Any price is acceptable as long as it is agreed on the market. The indicative "nominal" price does not play any role in the market.
There are some additional rules:
Countries and enterprises can be traded if their nominal value is higher than $ 5.0.
All trading in countries and Enterprises is limited to premium members.
Before a country or an enterprise exchanges hands, an extensive check take place to make sure that its condition is not changed substantially after it was offered. Cash, assets, defense indexes and other essential indexes are compared to their values at the time the object was offered on the market. If substantial reductions are discovered, the trade will be blocked.
It is only possible to offer countries that are part of an empire or one of the two enterprises you own in a world.
A sold country will have the expiration date of the receiving empire. Enterprises will keep their expiration date after the trade. A country that is purchased by a user who does not have any country yet, will have 30 days to expiration date.
To prevent the selling of nearly expired countries with the intention of extending it when the country is sold back to the original owner, a 15 GC fee will be subtracted from all sales.
There are several conditions that may block a sale at the time of the transaction:
At selling time, the bidder must have the gold coins he offered, available on his account.
The country must be owned by the user who made the original offer. If conquered, the deal is off.
The best bid must exceed the 200 coins minimum price.
A bidder on an enterprise should not have more than one enterprise as accounts are limited to a max of two enterprises per world.
The offering user should not offer his last country or enterprise in any world.
The nominal value must be above the minimum of $ 5 at the time of the transaction.
The population must not decrease more than 5% from what it was at the time of the offer.
Assets should not drop more than 10% between the time the offer was made and the time of the transaction.
The education index should not decrease by more than 10%.
The number of corporations should not decrease by more than 5%
It is impossible to sell a country that is in war or has a war declaration against it. If at the time of the transaction there is any war declaration or an active war, the transaction will not take place.
The gamemaster makes sure that there are offers for population on the market. These can be purchased but new offers will appear withing 30 to 60 minutes. These automatic offers and bids are not the most attractive ones but they guarantee that everyone can complete all outstanding offers and bids and at the same time has the freedom not to accept these automatic offers and bids and wait for better ones.
The player who made offers on the market can see the list of his offers and can also see all the bids made for his offer. When no bids have been entered for an offer, the player can retract his offer and remove it from the market. He can re offer that same asset for a different price and the bidding period will restart. Once a bid is entered, the offer cannot be retracted and it will end within several real days. The highest bid will be accepted.
The player who made the offer may however decide differently but must do so before the bidding period is concluded with a sale. The player can review the list of the bidders and can accept any offer he wants. The player may contact the bidders (the bidding list includes a link for direct messaging with the bidders) during that period and communicate with them about their bids, ask them to raise their bids and negotiate outside the bidding procedure.
The player, who made the offer, may decide to close the sale before the bidding period is ended and accept any of the bids on the list even if it is not the highest.
Extending the bidding period is impossible. All offers will be terminated when the bidding period is ended, even if there are no bids. The player who offered the asset is free to re offer it on the market for the same minimum price or for any other price.
11. New players and the direct trading market [ top ]
New players cannot sell countries on the direct trading market and are limited to a small number of direct trading market transactions. They must become Premium Members to gain unlimited access to the direct trading market.
Trading of aged cargo shuttles is limited. When a cargo shuttle is offered for sale, the potential buyer can see how much is asked for the shuttles and how many missions it can run for the requested price. The best deal is the one that offers most shuttle missions per gold coin.
Cargo shuttles with less than 300 remaining missions cannot be offered on the market.
When asking to purchase a cargo shuttle, a player can offer one of his shuttles if it has at least 1000 remaining missions.
15. Direct Trading - Service Oriented Products [ top ]
The direct Trading feature offers a market for all service oriented products.
This group of products can also be traded on the world markets. The group includes some of the most important products in Simcountry, including Services, High Tech Services and Electric power.
These products cannot be put into a cargo shuttle to be shipped away. Buying these products means in fact, that you are contracting the services to be delivered to your countries or corporations.
They also include sport, recreation, vacation, air transport, etc.
The direct trading market includes the following functions:
1. You can instantly move products from any of your countries or enterprises to the portal and store these products on your account. 2. You can instantly move products from your account to any of your countries and enterprises.
These two functions mean that these products can be moved freely within all your empires on any of the planets. There is no physical transport involved and the movement of products means that obligation to deliver services can be reassigned easily anywhere within your account.
3. You can offer these service oriented products for sale on the direct trading market and exchange them directly into gold coins. 4. You can purchase products that are offered on the direct trading market and receive them immediately, paying with gold coins.
Trading is similar to the way game money is being exchanged on the direct trading market. Once you have bought the products, you can easily move them to any of your countries or enterprises.
The direct trading functions have an effects on the world markets where the same products are traded. Shortages in one world could easily be eliminated if there is an oversupply on another world.
Similar functionality is available with products that are trading on space stations and can be moved by cargo shuttles.
It is even simpler with the trading of service oriented products on the direct trading market.
16. Direct Trading accounts must be at least two weeks old [ top ]
Trading of products on the direct trading market is open for all accounts that are older than two weeks. The limitation was necessary to prevent misuse of the function by some players.
Boosters are special features that can be obtained for a country or a corporations to give it a special capability. The boosters function is on the menu of the simcountry home page.
18. What types of Boosters are available now? [ top ]
Increasing military spending space by 400B in one of your countries. The booster does not give you the money to spend, it just increases the amount you can spend in the current month.
You can purchase a booster for a single country and the military spending space of that country will immediately increase by 400B.
Following the purchase of the booster, you can login into the country and issue orders for weapons, using the much larger spending space. This booster should be used within several hours after it is purchased or it will disappear in the following game month.
You can purchase a booster that will give you 10 corporate upgrades. The upgrades can be used in any of your corporations. They can be used in one single corporation or in several different corporations allowing a total of 10 upgrades.
Corporations now have an added link on their page that allows you to use the booster for that corporation.
Buying this booster will allow you to build faster in one of your countries or enterprises and have one extra corporation built each game month for 6 game months.
Each game month, two of the corporations you have requested will be built instead of one. You must request the buildup of new corporations or the booster will not apply. If no new corporations are in queue, the booster will stay in waiting until the moment that new corporations are requested.
21. No rebellions in a country for 12 game months [ top ]
Buying this booster for a specific country will stop any rebellions in that country for 12 game months.
This booster upgrades a single corporation to a level of 100 quality upgrades and 100 efficiency upgrades in a single action.
The starting position of the corporation does not make any difference in the way the booster works. If the corporation was already upgraded to a level of 120, the result will be the same. The corporation will be upgraded to a level of 200. (Base level of 100 and 100 upgrades). One single booster is needed to upgrade both the quality and efficiency.