Character ID allocation & AUCTION

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Re: Character ID allocation & AUCTION

Post by Phoenix » 2019-12-01, 9:39

Information on the CharID regime


1. The Platform (#64) sells new CharIDs.

2. Originally they exist as items, "IDxx" for instance "ID11" (which was sold a few hours ago for 42 million, the most expensive CharID trade (and even any single item trade) in history).

3. When a new account is created, the "IDxx" item is destroyed, and its number becomes the CharID of the new account.

4. The price of new CharIDs was originally 100 DM (100 EUR) and later 1,000,000 GLI.

5. When GLI appreciates in value, as it has already done (1 million GLI == 187 EUR now), the Platform will reduce the price of new CharIDs. It is intended that it will be roughly 100 EUR*. Because the market changes fast, the changes in pricing do not happen exactly. I will announce beforehand when and how they happen.


What happens in the coming weeks:

6. The new command DUMP will be used to lower the prices of unsold new CharIDs (in the range of 1...10,030) from the current 1,000,000 GLI to 500,000 GLI. This means that the prices will be lowered gradually, in a Dutch auction fashion, -10,000 GLI per each hour, so that the process takes 50 hours. The buyers may also file BIDs at certain prices in advance, so that when the price lowers, they will be hit automatically.

7. As GLI appreciates further, the prices will further be lowered the same way.

8. As more CharIDs are sold to the players, and incorporated to be new Characters, we will also make more of the ID area (beginning from 5-figure IDs such as "12345") available for purchase. The preparations for selling 5-figure IDs will begin when 1,000 IDs (total) have been sold to the players. (At present we have sold about 500 IDs and 9,500 remain unsold.)


9. Initially, the new IDs will be sold in an auction, so that the juicy ones go to the highest bidders. Eventually the price of the "new" unsold CharIDs will be reduced to the same level as the existing unsold IDs.

10. The total number of CharIDs that may eventually be allocated is unlimited, however such that 10% of the existing ID-space will have to be sold by the Platform before extending the area. It seems likely that 11-figure/12-figure IDs will be enough to serve the needs of the planet.

11. CharID items that are sold to the players are their free and unencumbered virtual property. They may never be burdened, confiscated, etc. by the Platform. The players may choose to leave their CharID items unincorporated for any length of time. They may be traded freely in the aftermarket.


* or better expressed: "the amount in GLI whose purchasing power is the equivalent of whatever 100 EUR used to purchase in 12DW (2019)"
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Re: Character ID allocation & AUCTION

Post by Phoenix » 2019-12-01, 12:07

Preliminary decision concerning how the CharID area will be expanded from the current [1...10030] to [1...33333]


1. When 1,000 CharID's total have been sold from the Platform, the GM will announce when the expansion of [10031...33333] will be auctioned. The decision will take into account the general workflow, and the auction is expected to begin 1-3 weeks (7-21 days) after hitting the milestone.

2. The auction happens in two phases - Primary (A) and Secondary (B).

3. In the A auction phase, it is possible to bid a minimum of 300% (3x) of the current CharID base price (the price at which the existing unsold IDs are listed) for each of the new IDs separately. The bidding happens in the forum. The bidding must happen in PG increments, so that the minimum raise is about 25%.* The auction lasts 48 hours (+0.1 hours from the last winning bid). The IDs thus won will be transferred to the winners.

4. The B auction phase then following, will happen in Kingli. DUMP will be used with the initial price being 400% the current CharID base price and ~48 hours duration to 100%. This means that the IDs are listed for sale and will gradually become cheaper, and in 48 hours they reach the price at which all the existing unsold IDs are listed (and stay there).


* PG lookup table:
30 10,000
31 12,500
32 16,000
33 20,000
34 25,000
35 32,000
36 40,000
37 50,000
38 64,000
39 80,000
40 100,000
41 125,000
42 160,000
43 200,000
44 250,000
45 320,000
46 400,000
47 500,000
48 640,000
49 800,000
50 1,000,000
51 1,250,000
52 1,600,000
53 2,000,000
54 2,500,000
55 3,200,000
56 4,000,000
57 5,000,000
58 6,400,000
59 8,000,000
60 10,000,000
61 12,500,000
62 16,000,000
63 20,000,000
64 25,000,000
65 32,000,000
66 40,000,000
67 50,000,000
68 64,000,000
69 80,000,000
70 100,000,000
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Re: Character ID allocation & AUCTION

Post by Phoenix » 2019-12-04, 14:07

Hello!

For future purposes, please help me with the following quiz:

Please put the following CharIDs in the order of Most Desirable to Least Desirable (and reply here):

3
4
5
6
8
9


If you feel tingling or goosebumps, it is probably because these IDs have a lot of power and they may be starting to move...
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Re: Character ID allocation & AUCTION

Post by Libra Dragon 11 » 2019-12-04, 14:16

9, 8, 3, 4, 6, 5
HRH Grand Duchess Libra Dragon, TDT-EIC, WTF, ATs, THW, MR-5, GKK, OA-CO, SA-CADM, 63*OHK-SH, PC, F :wave:

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Re: Character ID allocation & AUCTION

Post by papa lazzarou » 2019-12-04, 14:24

9 5 3 4 6 8

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Re: Character ID allocation & AUCTION

Post by Phoenix » 2019-12-04, 14:36

This is an important one... so the first ones to reply receive a BONUS!
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Re: Character ID allocation & AUCTION

Post by Saanjel23 » 2019-12-04, 15:18

4 8 5 9 6 3
ID4204 SA-MAJ IronLungs the luxury chauffeur of The Kingdom 👑 7*OHK-Hero E-AOK Titan of the brotherhood

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Re: Character ID allocation & AUCTION

Post by Phoenix » 2019-12-04, 16:00

We (the Dragon) have just bought 50 CharIDs at the price of 1M each.

Corner yours at the full price, before the price is lowered soon (wait for announcement)! :lol:
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Re: Character ID allocation & AUCTION

Post by Phoenix » 2019-12-04, 16:47

CConnected wrote:
2019-12-04, 16:20
Phoenix wrote:
2019-12-04, 16:00

Corner yours at the full price, before the price is lowered soon (wait for announcement)! :lol:
:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:
4:20 I like :mrgreen:
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Re: Character ID allocation & AUCTION

Post by HSF Loaf » 2019-12-04, 17:49

Phoenix wrote:
2019-12-04, 14:07
Please put the following CharIDs in the order of Most Desirable to Least Desirable (and reply here):
3, 6, 8, 9, 5, 4

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