Very professional

I pledge 1000 S-PT (10% of Phoenix Trust).

50 XMR   ->  493048   Create   M3   5,050   New (5)   Kevorkian (979)      15.08.17 (05:07)   deposit
28 XMR   ->  493144   Create   M3   2,800   New (5)   Rostibarn (1032)   16.08.17 (07:11)   deposit
20 XMR   ->  495650   Create   M3   2,000   New (5)   Kevorkian (979)      28.08.17 (03:04)   deposit
100 XMR ->  495651   Create   M3   10,000   New (5)   Kevorkian (979)      28.08.17 (04:10)   deposit
2 XMR     ->  497627   Create   M3   5,000   New (5)   Crichton (130)      29.08.17 (13:56)   deposit

170 S-PT -> Kevorkian
  28 S-PT -> Rostibarn
    2 S-PT -> Crichton

48 XMR ->  497627   Create   M3   5,000   New (5)   Crichton (130)      29.08.17 (13:56)   deposit
25 XMR ->  497628   Create   M3   2,500   New (5)   Rostibarn (1032)   29.08.17 (13:56)   deposit
25 XMR ->  497629   Create   M3   2,500   New (5)   Rostibarn (1032)   29.08.17 (13:56)   deposit

24 S-PT -> Crichton
25 S-PT -> Rostibarn

note: will combine 2 * 25 XMR deposits from Rostibarn into one 50 XMR deposit

I'm thinking something like:

200 S-PT @ 1:1 XMR deposited (200 XMR)
200 S-PT @ 1:2 XMR deposited (400 XMR)
200 S-PT @ 1:3 XMR deposited (600 XMR)
200 S-PT @ 1:4 XMR deposited (800 XMR)
200 S-PT @ 1:5 XMR deposited (1000 XMR)

Based on whole number XMR amounts since S=PT does not have fractional amounts, so rounding down to nearest whole number integer.

So in each round minimum deposits for bonus would be:
Rnd 1 - 1 XMR
Rnd 2 - 2 XMR
Rnd 3 - 3 XMR
Rnd 4 - 4 XMR
Rnd 5 - 5 XMR

for example, in first round bonus period:
- if 0.7 XMR deposited - no bonus - floor(0.7)=0
- if 1.7 XMR deposited - 1 S-PT bonus - floor(1.7)=1
- if 1.1 XMR deposited - 1 S-PT bonus - floor(1.1)=1

So bonus would always be based on: floor(deposited XMR amount) * rate

That would mean at least 3K XMR deposited would get some bonus.

Maybe some measures to prevent gaming, like paying bonus after a period of time to prevent immediate withdrawal after the bonus received.

My dudes... it is time.

The time to start fixing the underlying issues with CK and actually make it a game worth playing and investing in.

As a result I'm bringing forth a proposal for how this can be achieved, with your contribution. I intend to take on a more serious role, at least initially until better options come along and the ecosystem is mostly self-sustaining.

Introducing... The Phoenix Initiative, because originality is not my strong suit. <--- Click

For questions or suggestions, you know where to find me.

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

The current number of payouts for all buildings when added up equals 840,987,701 M per year, though this will likely be adjusted whenever payouts function again.

At current building material prices, the building costs of all the buildings adds up to roughly 62,354,016,000 M. This is based primarily around the BLD cost of 100,000 M which accounts for 80-90% of the building cost, and if you consider that BLD (to my understanding) is intended to be pegged to this price, then perhaps this can give some perspective on the potential value of the portfolio. Of course, that doesn't include the land value itself (as well as the fact that quite a few lots don't have buildings at all), and other various factors that could influence the price of any piece of land.

M3=MS * (0.01*XMR/MK)

MS=CK money supply (4 trillion M)
MK=CK marketcap

ATM I think it should be admin based as they are the ones who have to implement the work load that is being decided by the board. Now when there is an actual Dev fund to pay the admin, then that would be the time to have votes (as flaky half baked ideas would just be cash cows for admin and not a reason to quit).

Honestly, I think the interested player count and overall activity levels are low enough that anyone who wants to join a board should be able to join it. I would also recommend that Speed be added. Additionally, I think people with "ideas," like Smooth, are just as valuable for their input

I've dealt with loaf a lot over the months and Speed or iluvbitcoins would be a better choice by far--smooth would also, but I know he won't volunteer due to the time commitment. Though Sirjacket is still better choice in abstention.

We should have a CEO as I think there are too many agendas and one person should represent the game and be responsible for its vision.

I fail on account of activity level in the game (meaning, activity before the game stalled; I had not been very active for quite a while), though I'm happy to throw ideas around on thread/IRC. It is debatable whether I fail on account of economic stake as I don't own a lot of M (though possibly a bit more than I realize across multiple chars/entities) though I do still some own other in-game assets.

Anyway, I would decline a full board seat and the accompanying responsibilities at this time, but still happy to discuss ideas.

There is a "board" but aside from HMC and Mooo, I do not see SirJacket on the game anymore at all. HMC retains decent M ownership (roughly 100bil), as does Mooo (~25 bil), but SirJacket barely has 1bil M. Voting should be based on the level of CKO ownership, or people should at least be able to assign proxies (which can be done in these tokens) to vote for them. Of course, if we give Town 60% of the game, voting may be a moot point

He was given that opportunity before with the Zechsdick char and all he did was cause trouble.

If you have a kid who is a drug addict, it is better to sooner (rather than later when they overdose), to acknowledge that they've changed and the person who was your son or daughter simply doesn't exist due to the chemicals restructuring their brain.

I hope risto gets help with whatever is troubling him, BUT I'm not going to help enable his behavior, especially when it shits all over most everyone else. Though I'm sure some who made huge profits on his last game bender, and didn't have any cleanup to do, will be anxious for him to return in all his catch/dump glory.

And here's a hint for all those watching: If your solution adds to the admin workload or depends on PJ "Just Doing It," I'm going to stand against it unless the benefits can be rationally validated as more beneficial to the admin themselves in payouts or in the delays sure to follow in anything associated with PJ.

There are costs in time and work that the Dev fund no longer pays. Bad enough i'm paying myself out of my own invested and diluted funds.

On IRC I see that Speed has a plan that pays for itself--that's what we need more of. Not "let's just give risto his account back and hope the admin will fix it before he leaves with more funds."

Yes, we were discussing on IRC newcorp which is part of his assets, though it wasn't immediately clear to me whether he is a majority shareholder or not. My suggestion was for the town to appoint a paid trustee to manage newcorp on behalf of the shareholders (probably with the choice of trustee approved by other shareholders). Appointing one to manage his assets more broadly is also likely appropriate.

If nothing else, protecting the value those accounts with reasonable administration will maximize probability and magnitude of the recovery to his victims.

He would likely did what he did before and create huge dump and catch orders and fuck with the game's commands--though just selling stuff cheap or hugely overpaying to fake accounts he owns would be an easy way to retake his assets--though he'd likely have to do it for real players to avoid detection. And while it is reversible it will make angry players when their "deal of a lifetime" is revoked by admin--personally I don't want to deal with the workload or rightfully angry players.  

Though giving away the only leverage we have is pretty stupid too.

He may need a helping hand in life, and probably most if not all of us would be happy to do that.

He does not need a helping hand in paying his debts, as he has posted a screen shot of a polo account containing millions in cryptocurrency, and claimed tens of millions more in other wealth.

His actions, not only then, when perhaps under stress for personal reasons, but also now given time to reflect, amount to telling us to fuck off and continuing to blame and insult his victims.

Yes, he fucked up, but he can well afford to cover his mistake, far better I might add, than most of those scammed by him.

After that, and even better after repayment and a sincere apology for harm done, sure, give him help, second changes, etc.

Meanwhile, if people now invest time and money into developing the game into something far more valuable, his in-game assets will easily be worth enough to repay the debts in full, along with appropriate interest and penalties. Sure, some creditors may wish to negotiate a settlement given the possibility that effort at increasing the value of the game might not be unsuccessful. That is their prerogative, and Risto may or may not cooperate in such a negotiation. The effort to develop the game can proceed in either case; his participation at this immediate juncture is neither necessary nor obviously (given his recent behavior) a net positive.

What's his leverage to negotiate anything?

He wrecked the game and scammed a large portion of the player base by abusing his admin access. That calls for a significant to severe in-game penalty, up to and including expulsion. Attachment of his in-game assets is mild by comparison.

IMO, once his assets are worth at least enough to pay a meaningful portion of the debt, he should be given one last opportunity to pay the debts, and then the assets can be sold (in an responsible orderly manner, which may take time). Whatever assets remain after that, he can still reclaim.

This is mainly what I was thinking of with the 6 tril dilution. Town gets 1 tril to have its 10%, then the 50% is used for ICO. Alternatively, can just take over Zech's 50%, give Town 10%, and ICO the 40%.

This again... Hey guys, if we stop discussing maybe we will have a token just in time for BTC's next halvening...

I'm glad to announce Gringotts depository has received almost 4000$ worth of deposits in the first days of its opening