Quote from: Karl Hungus on July 16, 2017, 10:08:32 PM

Quote from: Karl Hungus on July 16, 2017, 01:28:10 AM

Announcement::Phoenix Property Trust

All unsold real estate assets will be combined into Phoenix Property Trust

Phoenix will have 10K units.

2k will be sold in a dutch auction asap

1k will be used for Gringotts depositor incentives

5k will be held by Gringotts to be sold at a later date

2k given to Unicorn Corp.

I've created a new user, 'PhoenixTrust' ID: 2109, and transferred all of OZ & Hokusai's remaining real estate assets over.

https://cryptokingdom.me/player/playerItems/2109

Phoenix Trust also owns 5 chapelries which aren't allocated in the DB yet.

https://cryptokingdom.me/land/chapelry/6:E [included in bounty for CKG asset on an exchange]
https://cryptokingdom.me/land/chapelry/6:NE
https://cryptokingdom.me/land/chapelry/9:N
https://cryptokingdom.me/land/chapelry/9:SE
https://cryptokingdom.me/land/chapelry/9:W

Can an admin create 10K units for Phoenix Trust and transfer to Gringotts[1963] account in preparation for the initial dutch auction?

Announcement

Great news, Phoenix Trust has appointed mulu (ID: 1258) as trustee, he has full control of the Phoenix Trust account.

The trustee fee is 5% (500 shares), and the Trust is starting off with 300M 'M', plus the remaining property assets from OZ & Hokusai.

He has authority to control all day-to-day operations of the Trust from this moment on.

His mandate is simple:
'in consultation with the shareholders, maximise the return to shareholders of the trust'

What strategy he pursues is up to him!

I wish mulu well, good luck, and thanks for taking on this position!!