Anno1777 Exchange games for real money

Exchange games for real money.

anuphon140@gmail.com (Unknown) — Wed, 1 Jan 2020 19:26:00 -0800

lntroduction

You can play Anno177 games and war, you can earn Euros in the game depends on your skill and brains to manage the economy of your own money that can be drawn out through Paypal is simply that. you then have to earn it.

ANNO1777 is an online game that simulates an economic political and military system, like the real world. You are a citizen of the seventeenth century who fights on all levels to advance the social hierarchy. You can open businesses, become governor or you can build a military empire. Everything is up to you. Unlike other games of this type, the virtual money from ANNO1777 can be exchanged for real money and vice versa. In other words, a financial success in the virtual world of the game becomes a financial success in the real world. ANNO1777 can be played directly from a browser like Internet Explorer and requires no downloads.
"The product consumption increases your strength, and the increase of your strength means more money" - This phrase summarizes the mechanism behind the game. Before proceeding to a detailed discussion on how ANNO1777 works, the first step would be to understand the basics. strength is the most important indicator and based on it, the productivity is calculated, and also the wage that you are paid, bonuses and many other amounts of money you receive during the game. strength increases when consuming products, and decreases automatically every hour, when fighting or working. This chapter will explain indicators such as strength, Economic Score, Productivity or Military Score. Before moving on, we recommend that you learn the elements presented in the Chapter Mechanisms of the Game

                                                 Register Online Anno1777

                                                 $ Click VirtaPay $

                                         Members can register for free VirtaPay.

                                                    Receive $ 100 instantly.

A recipe for war

anuphon140@gmail.com (Unknown) — Tue, 4 Oct 2011 00:27:00 -0700

If you want to participate in wars, I suggest you to buy all the weapons category Q5 [ 10 arms] to not spend money for power

If you have constant power over 70 points, you can fight up to 20,000 points and not need buy packs power, you fight under 25 wellness and get pause for 10-12 hours and you power is regenerate, after that you continue to fight 20.000 or maximum 40.000 points.

From wars, you win medals and money from regions and from influence .

In wars of defense is not necessary to you move in the location of the war, you fight wherever you are and you need DEFENSE WEAPONS.

In attack wars, you need to travel in war zone and you need ATTACK WEAPONS.

MODE FOR FIGHT:

Buy all 10 weapons [prefferable Q5 to not spent money for power packs]
Upgrade you power to maximum possible
Fight ONLY 3 times
Buy 25% wellness package
Fight another 3 times
Buy another 25% wellness package
You can repeat that steps for big damage

You win medals from war:
1 gold for 20.000 points private
1 gold for 40.000 points caporal
3 gold for 100.000 points sergent
5 gold for 200.000 points leutenant
10 gold for 400.000 points captain
30 gold for 1.000.000 points
50 gold for 2.000.000 points colonel
100 gold for 4.000.000 points general

When you participate in 10 wars over 20.000 points you make PRIVATE RANK 5 gold extrabonus and upgrade you damage
When you participate in 10 wars over 40.000 points you make CAPORAL RANK 5 gold extrabonus and upgrade you damage
When you participate in 10 wars over 100.000 points you make SERGENT RANK 15 gold extrabonus and upgrade you damage

When you participate in 10 wars over 4.000.000 points you make GENERAL RANK 500 gold extrabonus and upgrade you damage [MAXIMUM LEVEL]

RULES in wars:

Do not fight over 40.000 points in wars, only when enemy respond to fight , OR WHEN YOU ASK OWNER OF ISLAND for you wish to upgrade you military ranks, or when region is NO LIMIT region.This rule is for help any fighters to make money from influence, in equal mode

Services

anuphon140@gmail.com (Unknown) — Fri, 23 Sep 2011 21:34:00 -0700

Services

Every developed economy has a service segment very well organised. In ANNO1777 there are 2 types of service companies: Organisations and Trade Companies. We will discuss below the details regarding each type of company.

Organisations
Trade Companies

Organisations

Organisations are the most important type of service companies. They are extremely flexible entities and can be changed in anything, whether it is politic parties or special types of magazines. Basically the organisations are types of companies which allow members, which can receive or transfer money, can invent new types of services and they are the only entities which are authorised to start wars between countries. They have an external magazine, which is accessible to everyone, an internal one, accessible only to the members, and they make available a delivery system for the members. We will discuss below some of the details regarding the organisations.

Raw materials and finished products
Like any company, organisations consume raw materials (paper) and manufactures finished product (registration forms and tax receipts).

Registering in organisations
Organisations accept members. One member pays a registration fee and a daily subscription. Both the registration fee and the daily subscription are established by the owner. When a member registers in the organisation, he pays a registration fee. For the registration fee from the company stocks, a registration form is consumed. If the organisation does not have registration forms anymore, then all the registrations are suspended. Registration can be made directly from the organisation\'s presentation page. The owner of the organisation can completely suspend the registrations or can establish that all registrations should be pre-approved. An organisation accepts ONLY members from the regions where it has branches. It is important for an organisation to be extended at a territorial level.

Daily subscription
Each day, all members are taxed with a sum representing a daily subscription. The sum is established by the owner of the organisation. For each paid subscription, a tax receipt is consumed from the organisation\'s stocks. If one of the members does NOT have money to pay the subscription he is automatically EXCLUDED from the organisation.

Magazines
As mentioned above, organisations have an internal and an external magazine. The external magazine is available to all the visitors. The internal magazine is available only to members. This way, the organisations could be transformed in special types of magazines, available only to the subscribers. Some aspects must be mentioned regarding the articles written in the organisation\'s magazines:

They do not cost money and do not consume paper if they are read, unlike the usual articles
They do not appear on the list of articles from section Goods or from the first page.
They can be written by any member of the organisation who is authorised to write articles

Members\' section
The members of an organisation have access to a separate section where they can read the internal magazine and where there is a delivery system through which they can communicate. You can reach this section from the presentation page of the organisation by following link Members\' Area.

Administration of organisations
Because the organisations can be administered not only by the owner, a system has been implemented which is a complex system of rights which can authorise certain members to perform certain actions. The administration of an organisation means, besides the usual administration of the company (means of production, stocks, work places, branches), the administration of members, of the magazine, of the access rights, of services and the financial sector. An organisation can receive money from anyone, can donate money and can sell services. We will discuss below each aspect.

Members\' administration
In the administration area you can find the members\' section. Here are listed all the members of the organisation together with the date they registered. It\'s important to remember that a player can register in an organisation ONLY if he is in a region where the organisation has a branch. Members can be excluded at any time. The exclusion can be made by the administrator or by any other person who is authorised by the administrator. You can exclude a member by clicking the button Exclude in front of it. Not only a member can be excluded, but he can have an interdiction to register in the organisation in the future. On heading Excluded from the same page, you have the list of players who have interdiction to register in the organisation. You can add / withdraw anytime players from this list. There is also the possibility that the registration applications of members could be firstly authorised by the administrator. In this case, on section Registration Applications is the list of all who have applied for registration which await to be approved / rejected.

Services\' administration
As mentioned before, the organisations can sell services. Services can mean anything. The content and the price of services are decided by the owner of the organisation. Up to 5 services can be pre-defined. There are 2 pre-defined services, namely GOLD donation and Local Currency Donation. On section Services from the administration section you will find the list of services. Also here you can define new services. It\'s sufficient to complete a name and a price structure. The list of available services appears on the page of the organisation\'s presentation. We will discuss below about the price structure. There are 4 columns which define a service

The name. You will write here the name of your service
QTY, quantity. You will write here the quantity to be bought. If you leave the field empty, the buyer can specify the quantity he wants.
Price. You will write here the price you want. If you leave the field empty, the buyer will specify a price.
Currency, i.e. the currency in which the payment is made. It can be local currency from the country where the organisation was opened or GOLD.

Let\'s give some configuration examples:

Fixed price, variable quantity: Fill in the field Name, leave the field QTY empty, on price you can write any decimal number minimum 0.01, on currency � GOLD or local currency. The buyer will be able to choose the quantity bought and will pay the fixed price multiplied by the chosen quantity. If at price you have 1, at QTY 10 and at currency GOLD, when pushing the button Buy from the first page, the client will pay 10 GOLD.

Variable price, fixed quantity: Fill in the field Name, fill in the QTY field with a rounded off number, leave the field Price empty, at currency, select GOLD or local currency. The buyer will be able to choose the price and will pay the fixed price multiplied by the chosen quantity. If at price he chooses 1.25, QTY is fixed at 1 and at currency on GOLD, when pushing the button Buy from the first page, the client will pay 1.25 GOLD.

Variable price, variable quantity: Fill in the field Name, leave the field QTY empty, leave the field Price empty, on currency � GOLD or local currency. The buyer will be able to choose the quantity and also the price. He will pay a sum equal to the chosen quantity multiplied by the price chosen by him. If at price he chooses 3, at QTY fills in with 5 and at currency GOLD, when pushing the button Buy from the first page, the client will pay 15 GOLD.

You can configure and collect money for absolutely any type of service. 2 aspects are very important

The clients CANNOT buy services unless they are in a region where the organisation has a branch
Following each service acquisition, a tax receipt is taken from the organisation stocks no matter what the configuration of the service is. If on stock there are no tax receipts, the sale CANNOT be made.

Administration of magazines
As mentioned above, organisations have an internal and an external magazine. The internal magazine is accessible only to members. In the administration section, you will find the page Magazine area. Here you will find the list of the internal and public articles. Also here you can write a new article. In articles BBCode can be used for formatting, as well as in the case of usual magazines. Only authorised persons can write articles. You can authorise a member to write articles from section Administration of Rights.

Financial administration
Unlike other types of companies, an organisation can also donate money to any player which is located in a region where the organisation has branches. Also an organisation can donate money to any other organisation from the country. This way, organisations can be used as services for money transfer. In section Financial Operations from the administration area you will find the form by which you can send money. You have to select the name of the player or the stock symbol of the company and to fill in the code for money transfer. The code is a password which you establish in section Settings.

Administration of Access Rights
As mentioned before, unlike a usual company, an organisation can be run by more members at the same time. Authorisation of members which have the right to run the company is made by the owner on page Administration of Access Rights from section Administration of the organisation. On this page you will find the list of all those who already have access rights and there is a form where you can add the authorised persons. The authorisation is made on sections. You can give a right to operate on certain sections to chosen members. Some could make financial transfers, some could write articles, some could deal with members, etc. to authorise a member to run the organisation, go to section Authorise, fill in the name of the member and check the sections where he has access.

Other settings
In section Organisation Settings you can define aspects such as registration method, if the organisation accepts or not members and other details such as logo or name. in case you specify that the registrations are pre-approved, the players will become members of the organisation only when their request has been approved on section Members\' Administration / Registration applications.

Starting wars
The organisations are the only entities which are authorised to start wars between countries. For an organisation, starting a war between countries has only one purpose and that\'s the profit. To start a war, go to section Wars. You will find there the list of wars started in the past by the organisation as well as the form to start a new war. To start a war, the following conditions must be fulfilled:

The attacked country should not be in alliance with the country where the organisation is located.
The organisation should have enough money to organise the war fund (for details regarding the course of the wars between countries, go to chapter Slaves and Battles)
The region from the attacked country should not already be in a war process.

Trade companies

Trade companies are a type of company which can purchase, stock and resell any type of product. They are the perfect instruments for import - export operations. Just like any other type of branch company, they have jobs and means of production. They sue as raw material paper and produce inventory notes. The mechanism is simple. For any purchase of selling of stocks, trade companies loose an inventory note from stock. The type or the quantity of transactioned products are not important. Without inventory notes on stock, trade companies CANNOT function.

Purchase of products
To purchase products, go to page Market and select the product you want. On purchase you will be asked for whom you would like to purchase. Select the trade company. The products will enter into the stock and will be visible on page Stocks from section Company Administration. Also there they can be put on sale. The products are divided in categories and selecting a certain category is very simple.

Resale of products
Once purchased, products can be stocked for an unlimited period of time, until they are resold. You can sell a product in 2 ways. On the local market of the country where the trade company is open or by a direct operation towards another trade company.

Sale on local market
Go to page Stocks from section Administration, select the product you want and change the selling price. Any product on stock with a price higher than 0 will immediately appear on market.

Exporting goods
Go to page Stocks from section Administration. Select the product you want. Click on the button Export under the product. You will be given a form where you have to write the stock symbol of the company towards which you want the sale to be done, the price (is expressed ONLY in GOLD), a short message for the one who will receive the products and the password of the account as a safety element. Automatically, in section Company Administration, heading Business Proposals, a message will appear with the products proposed for purchase and the purchase price. If the owner of the company agrees with the price, then he accepts the sale. Payment is made automatically, and the products immediately arrive in the stocks of that company. Remember that the company must also be a trade company. You cannot directly sell products towards other types of companies. Flat fee will be automatically withdrawn from the company\'s accounts. If the company DOES NOT have money to pay the flat fee towards the state, the transaction CANNOT be made.

Importing goods
On heading Business Proposals from section Trade Company Administration you can find all the proposals for selling merchandise made by other companies towards your company. The type of product and their price is shown. The price is always in gold. You can accept or can refuse these proposals. If you accept, money will go to the seller and the products will automatically enter into the company\'s stocks.

Press

anuphon140@gmail.com (Unknown) — Sun, 18 Sep 2011 20:07:00 -0700

Press
They say that press is the fourth power in the state. A free press is essential to any democracy. Without total freedom of expression, the newspapers are turned from democratic instruments to tools hold by the dictators or by people who have power. ANNO1777 press is specifically characterized by its total freedom of expression of the newspapers\' owners. Anyone can open a magazine and anyone can write anything about everything. A review may address any topic clearly whether it is pornography or direct attacks on the person.

How a magazine makes money
A magazine is a type of company that consumes paper as raw material and produces newspapers. Like other types of companies, the means of production of magazines have five quality degrees that influence their capacity and productivity. Magazines produce copies based on the work and the means of production. When a player first reads an article, he will actually buy that newspaper. He pays a price and a newspaper is withdrawn from the company stocks. Also after first reading, he receives up to 1 power point, depending on the article\'s rating. This is the basic mechanism through which media system works in the game. Magazine owners are free to set price for the newspapers. Prices are set according to the rating given by the readers for articles in the section Products Management / Prices.

Writing an Article
To write an article, go to the Administration page of the magazine, on section Write an Article. An article contains a title, introduction and content. Optionally, a photo can be attached to every article. Pictures are important instruments in attracting customers. If the subject of the article or the images are pornographic, you must check the appropriate box on this page. Note that a magazine may publish only one article every 6 hours. You can write several articles at once, but they will appear in sequence, one every 6 hours. Theoretically you can write articles in a single day for 10 days without any problem. You can add to the articles images or external links and can format the text with the help of BBCode. Note that there are two types of articles. Those written in national language (not English) which will be available in the country where the magazine was open, and articles written in English which can be read by any player, regardless of the country. Articles written in English appear in the box International Press on the first page. The price of international articles is fixed in GOLD.

Articles\' Rating
Players can give ratings to articles. The rating is between 1 and 5 stars. Depending on the ratings, the readers receive more or less power. A 1-star article brings 0.2 power points, while a 5-star one will bring 1 point. To obtain a certain rating, a minimum number of votes is required. At this time, in order for an article to receive two stars,10 votes are necessary, for 3 stars - 20 votes, for 4 stars - 30 notes and for 5 stars - 40 votes with an average of five stars. Because they give lots of power, a higher price should be put for high quality articles.

Advertising in magazines
Besides selling newspapers, magazines can gain from advertising. At the end of each article, there are two advertising spots displayed. The spots can be rented by those interested. The list of available spots can be found in our section Advertising / Magazine Spots. Price is determined by the owner of the magazine in section Articles Management / Advertising Spots.

Subscribers
By subscription, a player can automatically receive all the numbers of the magazine. That does NOT mean that he will not pay for the magazine. It means that he will have quick access to his favorite magazine appearances, even on the first page of section Press Subscriptions. You can see the list of subscribers in our Articles Management / subscribers list.

Partnership Programs

anuphon140@gmail.com (Unknown) — Thu, 8 Sep 2011 21:21:00 -0700

Affiliates and partnership
ANNO1777 is the first game which offers players the possibility to become real partners byway of the shares in the game. The program for affiliates allows you to easily make money by bringing new players in the system. Let\'s discuss each aspect.

Affiliates
The affiliated program represents a very easy way to obtain an income by bringing new players in ANNO1777. Each player has a personal link. All players who register byway of that link become your permanent slaves and you will receive a percentage of up to 10% of all the earnings generated as long as they are active. This includes any amount that they collect. The taxes are of course paid only if that particular slave is not sold, because permanent slaves can also e sold just like the rest of the slaves. The taxes from these slaves are collected NO MATTER who their direct proprietor is. We will list below some details regarding the affiliates\' program.

ON heading Affiliates from the main menu you will find your personal link and the report regarding the number of the registered persons byway of your personal link

NO player can register in the game without another player\'s personal link. This means that everyone is the permanent slave of another player. This aspect is important because no one can cheat by erasing the affiliated code from the link. Without the affiliated code, your registration is denied. You can be sure from now on that if you post your personal link on other sites, everyone will register byway of it or NOT.

Permanent slaves are the players who registered byway of your personal link and have checked their telephone number by text message. You will find the list of permanent slaves on heading Battle / Permanent Slaves.

Permanent slaves can be sold for gold on a separate market, apart from that of the direct slaves. To put on sale a slave, go to heading Battle / Permanent Slaves and click on the button Sell in front of it. Make sure that you have checked first the prices on heading Slaves\' Market / Permanent Slaves.

Partnership program
This program is unique on the players; market and offers you the possibility of effectively buying a piece of ANNO1777. You will also receive dividends from owned shares. The system is simple. In a usual game, all the advantages purchased by players are automatically withdrawn by the company which administers the game. In ANNO1777, these sums enter in a special fund named the game fund. The game fund has 10.000 shares available, of which 1000 had been put on sale. Any sum which the fund collects is distributed to shareholders depending on the number of shares owned. There are reports in real time regarding the earnings and the balance fund. You can find them on heading Partners from the main menu. The game fund has expenses but also earnings and the earnings are much above the expenses, so a share investment in this game is profitable.

First of all, in ANNO1777 all earnings and expenses of the fund are in EURO. When the shareholders\' fund the amount of 1000 EURO is collected, the money will automatically be divided to shareholders, each one receiving 0.1 EURO/ share. The shares can be purchased in two ways. Directly from the game or from a secondary market. The secondary market is the market that the actual share owners can sell their owned shares. You can find this market on heading Partners / Secondary Market. Also on this page you can find the list with the last earnings of the fund. We will discuss below the sources of income and the expenses of the fund

The fund receives money when:

Advertising is purchased directly on site.
A slave is blocked
A travel is immediately closed
A battle is immediately closed
An operating license is purchased
A player withdraws virtual EUROS in real EUROS.

The fund spends money:

When a player recharges his account with real money, the fund generates 3 bonuses. The first one if the bonus for direct owner (10%). The second one is the bonus for permanent slave (10%) and the third one is the bonus for the budget state of the citizen who has recharged his account.

Politics & Elections

anuphon140@gmail.com (Unknown) — Sun, 4 Sep 2011 20:22:00 -0700

Politics and elections

In any democracy, there are free elections and elected presidents. The election system in ANNO1777 is a bit different and guarantees to everyone the possibility to become a president. There is one country president and 18 governors. Unlike the contemporary systems, in ANNO1777 all candidatures are independent. There is no need to be proposed by a party and also there is no need to be supported by a politic organization. You can become an important person and it\'s all up to you and your power to convince the electorate that YOU are the best. Elections are held each month and the process has 3 steps. The firs one is submission of candidatures, the second one is voting the candidates and the third one is announcing the position of the winners.

Submitting the candidature
The submission of candidatures takes place every month between day 1 and 3. The submission is made on page Presidency & Government / Elections. Submission of candidature means the response you give to 10 questions related to the economy and finances from ANNO1777. The price for submission of candidature is 5 GOLD and the money is paid in the state budget. After submission, the list of the responses will be published so that electors can comment.

Elections
ZThe election day is the 4th day of every month. Only one vote / player is allowed. Votes are confidential. To vote, go to page Candidature and click on the button Vote.

Deciding the winners
On the 5th day the list of winners is shown. The winners are decided depending on the order of the obtained votes. The player with the highest number of votes becomes he president of the country. If the last candidates with the lowest number of votes have the same number of obtained votes, the selection is made depending on the power they have at that moment.

Governing
Once the elections are ended, governors have access to a special interface where they can vote laws. Any governor can propose a new law. There are 2 conditions. The law should not be already submitted to be voted. The second one is that the governor should not have previously proposed this law which had been rejected following the voting process. Basically if someone proposes the change of the lump sum for houses and the law is rejected, the same governor CANNOT ask again the change of the same tax in this mandate.

Types of laws
The government has the economy in its hands and therefore has a wide range of laws which it can modify. You will find below the law categories which can be voted by the government.

Modification of bonuses
Modification of lump sums on trade with slaves
Modification of governor\'s wages
Modificarea taxelor pe tranzactiile valutare
Modification of governor\'s wages
Donating money to the governmental organizations
Acquisition of permanent slaves on the market

Proposing and voting laws
To propose a law, go to page Administration of Government, Propose Laws. You will see the list of fees and bonuses which are available. Here you can propose a new value. The law will automatically enter into the voting system. Also it can be commented by the electorate. Law can be voted for 24 hours. For a law to be promulgated, it must be voted by at least 5 governors, and the number of votes has to be higher than the one against the law.

Fees and bonuses
In any real economy, there are fees and taxes. Unlike real world, in ANNO1777 there are bonuses, and many times they are enough to exceed a usual daily wage. Both fees and bonuses are established by the governor and have certain pre-established minimal and maximal values.

Fees
There are 5 categories of fees

Lump sums for transferring products. This fee is the equivalent of VAT in the real world. For each transfer of products, the seller will pay a fixed amount established by the government. The government establishes the basic fees for products. These refer to raw materials and to Q1 products. For high quality products, the basic fee is multiplied by the quality of the product. For example, if lump sum for transferring houses is established at 100 RON, then it refers to Q1 houses. For Q2 houses, it will be 100 RON and for Q5 - 500 RON. These fees are very important because they practically impose minimal selling prices and represent an important income source for the state budgets. This fee is paid only by the companies.

Fee on currency transfers represents the percentage which must be paid by those making currency transactions with local currency. It will automatically be withdrawn after each performed currency transaction. This fee is paid both by the companies and by natural persons

Fees on slaves\' transfer. There are 3 types of fees for slaves\' transfer. For direct unblocked, blocked and permanent slaves. The fee will be paid by the slaves\' seller after each transaction. The fee will be paid to the state budget of the country in which the seller is a citizen. The fee is paid only by natural persons.

The personal income tax is paid by any citizen of any source of income it gains, comprising wages and fees earned from slaves. Bonuses are NOT taxed.

Wage income tax represents the amount of money which companies pay for each wage approved. The tax is automatically paid from the company\'s accounts each time a wage is paid. This fee is paid only by the companies.

Bonuses
Bonuses are granted by the government from the state budget for certain accomplishments of the citizens. Bonuses are not taxable and can be taken from page Bonuses. Certain bonuses are paid once every 24 hours, and others are paid following the accomplishment of certain actions. One thing very important about bonuses is the fact that ALL bonuses are given depending on the POWER you have at the moment of taking that bonus. The value of the bonus doesn\'t matter, nor the type of the bonus. From the quantum of the bonus you will get the percentage given by the power. For example if the work bonus is 10 RON and the power you have is 50%, you will get 5 RON. You can find below the list of existing bonuses. There are 9 bonuses

The bonus for direct slaves. It is given for each direct slave that you have no matter if it\'s blocked or not. It may be picked up once every 24 hours.

The bonus for permanent slaves. It is given for each permanent slave that you have. It may be picked up once every 24 hours.

The bonus for won battles is given every 5 won battles. It can be picked up several times a day.

The bonus for work is given every 5 days of work in a raw. The bonus for 100% power is given for 100% power. It is given once every 24 hours..

The bonus for the complete set of clothes is given to players having the whole set of clothes no matter what their quality is. It is given once every 24 hours.

The bonus for attack weapons is given to players who have the whole set of attack weapons, no matter what their quality is. It is given once every 24 hours.

The bonus for defense weapons is given to players who have the whole set of attack weapons, no matter what their quality is. It is given once every 24 hours.

State budget
The state budget collects the money coming from fees and taxes and pays the bonuses to citizens. Bonuses represent the main budget expense. When the budget arrives at an amount less than 1000 in local currency, the payment of bonuses is temporary suspended. We will list below the structure of the earnings and expenses of the budget.

Budget earnings

Lump sum on product transfer
Fee on slaves transfer
Fee on currency transfers
Wage taxes
Personal income taxes
Fees paid by permanent slaves of the government
Fees paid for submission of the candidature for governing

Budget expenses

Governmental bonuses
Money transfers towards governmental organizations made from different reasons

You can see the statistics regarding the state budget by going on page Government & Elections / Budget.

Banks & Finances

anuphon140@gmail.com (Unknown) — Wed, 31 Aug 2011 09:44:00 -0700

Banking & Finance

The financial system from ANNO1777 tries to be similar to a real-world financial system. Its purpose is to facilitate the movement of money. In other words it creates the means by which those who need money and those who have excess of money to meet on a common market. The financial system is composed of four different markets. Currency Market (FOREX), banking offers market, stock market and government obligations market. The participants in the financial system are citizens, banks and government. In this chapter we will examine each issue separately.

Money Market

In this game there are three types of coins. First there is the EURO, the currency which can be exchanged into REAL EUROS at a rate of 1:1, gold and the country\'s national currencies. There are also two markets: EURO / gold that can be bought / sold, EUROS in exchange for gold and gold / local currency, for each particular country. On this market can be sold / bought gold coins in exchange for local currencies. Any player can buy or sell any currency at any time without restriction. You can access the money market by going to the section Financial Market (main menu).

Exchange rate

In a normal market, in order to buy a currency, someone must sell it first. In ANNO1777 the market works automatically and the currency adjusts after each transaction. Here are some examples in order to better understand this mechanism. Suppose that on the EURO / gold market, the exchange rate is 9.5110, i.e. 1 EURO = 9.5110 GOLD. Suppose you sell 5 Euros. The sale is made on the spot, but the amount received will not be 47.5550 GOLD. After each sold Euro, the exchange rate automatically falls with 0.0009. The drop rate is obtained by multiplying 0.0001 by the current rate that is 9.5110. So even if you sell 5 EURO in group, the system will make the following calculations:

The first EURO is sold for 9.5110 GOLD, after than the exchange rate drops to 9.5101
The second EURO is sold for 9.5101 GOLD, after that the exchange rate 9.5092
The third EURO is sold for 9.5092 GOLD, after that the exchange rate drops to 9.5083
The fourth EURO is sold for 9.5083 GOLD, after that the exchange rate drops to 9.5074
The last EURO is sold for 9.5074 GOLD, after that the exchange rate drops to 9.5065

Basically you will receive in return an amount of 9.5110 +9.5101 +9.5092 +9.5083 +9.5074 = 47.5460 gold and new exchange rate will be 9.5065 gold for one EURO. This system also applies when buying EUROS and of course in the case of transactions between gold and national currencies.

Currency exchange commissions

After each currency exchange commissions will be paid. For the EURO/ gold market, the fee is basically the amount by which the commission has increased / decreased following the transaction. In the example above, the market has decreased by 0.0045 which is exactly the commission that will be paid. The commission is paid in the currency bought, in our case GOLD. The situation differs in the case of exchange with countries\' currencies. Here there is a percentage fee which can vary between 0.01% and 5% applied to each transaction. Money from this fee shall be paid to the budget of the respective country and the fee is set by each particular government.

The currency conversion

To sell or buy EUROS, go to the \'Financial Market\' section from the main menu. To make exchanges with other countries\' currencies, go to the same page, at section gold / CURRENCY and select the corresponding country. After completing the sum, the press the button Sell / Buy.

Banks

For any market economy, banks are a key element. The role of banks is to take over the excess of capital from those who hold it in order to place it to those who need it. For the services offered, the banks from the real world collect fees and interest. Exactly the same thing happens in ANNO1777. Anyone can open a bank in order to raise money to give to those who need it.

How the Banks work inside ?

First, please note that there is a clear distinction between own funds of banks and the depositors\' money. Also, all loans are guaranteed by the government. If depositors are unable to pay, the state budget will cover the losses. A virtual bank is a type of company like any other. It needs means of production and workforce to manufacture products, and based on the products, they offer services.

Banks attract money through deposits and current accounts for which they offer interest, and place that money to those who need it, through loans. Banks also allow money transfers between current accounts. Generally the interest rate offered by banks is lower as compared to the required interest. Profit comes from the difference between the interest offered / required and the taxes on transfers / withdraws / deposits of money.

Means of production and banking products

A bank uses paper as raw material. Based on the paper, it produces deposit certificates, current account certificates, credit certificates and transfer forms. Each product category is used to provide a specific type of service. Without these items on stock, the bank cannot provide a specific type of service.

Deposit certificates - For each deposit opened at a bank, a deposit certificate is consumed. Without deposit certificates on stock, banks cannot offer deposits

Current account certificates - for each account opened at a bank, a current account certificate is consumed. Without current account certificates on stock, the banks cannot open current accounts.

Credit Certificates - For each credit provided by the bank, a credit certificate is consumed. Without credit certificates on stock, banks cannot offer loans.

Transfer Certificates - for each bank transfer, a transfer certificate is consumed. Without transfer certificates on stock, banks cannot make transfers.

These certificates are made based on the means of production and on the workforce employed by the bank.

Loan Fund

In a bank, the depositors\' money coming from current accounts and deposits are kept in a special fund called the Loan Fund. The bank manager DOES NOT have access to this fund so he cannot withdraw money from the fund unless he previously invested in it his own money of the bank. From this fund, money can be taken for payment of cash withdrawals or loans. Also in this fund are paid all the money from deposits and current accounts opened at the bank. The interests owed by the bank are paid from the company accounts. Also the interests and taxes are charged by the bank are also paid into the company accounts.

Insolvency

Every day, banks pay interest for deposits and opened current accounts. Every day, interest is charged from those who have bank loans. Both interest earned and interest due are paid in the bank\'s own accounts. If a bank runs out of money for interest payments, then all affected accounts will be closed, be it deposits or current accounts. Depositors\' money is refunded from the bank\'s lending fund whether the fund has money or not.

If a player does not have money to pay daily interest, the money will automatically be withdrawn and the player will no have anything in his account. If the person who contracted the loan refuses to play anymore, and the account is closed for inactivity, the state budget will bear the negative balance. This is the reason why we said earlier that all loans are guaranteed by the government.

Loans

Anyone can contact a credit if he worked at least five days. .

The maximum credit that can be contracted is calculated using the formula Credit = Revenue * Indicator, where Credit = maximum credit that can be contracted, Revenue = revenue from WORK performed during the last N days, where N is the number of days by which the credit will be contracted, Indicator = maximum degree of indebtedness established by the government. The maximum degree of indebtedness represents a fixed percentage established by each individual government. It can vary between 10% and 1000%.

Here is an example. In the last 10 days, player A had an income from work of 400 RON. The Indebtedness degree established by the government is 300%. The player will be able to access a loan of 1,200 RON for the next 10 days. There is also a governmental indicator which indicates the maximum credit that can be taken. Suppose the maximum threshold is 1,000 RON. In the above example, the player may only take 1000 RON.

To contact a bank loan, go to page bank and review the offer.

Any bank can set an interest rate and the period for which the loan is granted. Banks can set up maximum five types of loans. You can contact only the maximum loan allowed. Intermediate values are not accepted. After contracting, the interest will be deducted automatically from the bank every day. Even if you have money in the account, the bank will automatically withdraw money. On due date, the bank will automatically withdraw the value of the loan.

When contracting the loan, money is taken from the bank\'s lending fund. But interest payment is made on the bank\'s own accounts. The lending fund also collects the money returned at the end.

Current Accounts

Bank accounts are bank instruments through which you can have immediate access to money. You can open a current account from the bank\'s presentation page. After opening a current account at a bank from the game, you can immediately start depositing, withdrawing or transferring money. Note that each type of operation is charged by the bank. You can see a list of bank accounts owned on page Accounting / Financial Assets / Accounts & Loans. Also on this page you can submit / withdraw / liquidate or transfer money. Click the button Extract and you will have access to the list of transactions made with that account.

Deposits

Unlike current accounts, bank deposits have a pre-established validity period. During this period you have NO access to money from the deposit. The money will be automatically refunded with interest at the due date. You can open a deposit directly from the bank presentation page. After opening, you can see information regarding the deposit on page Accounting / Financial Assets / Accounts & Deposits. The interest is paid by the bank daily directly into the deposit account.

Remittances

You can send money from a current account in any other account opened in the same currency. You CANNOT transfer the money of owners or slaves. Also you cannot transfer money if you have a contracted loan. To transfer money go to page Financial Assets / Accounts & Loans, choose the account from which you want to make the transfer, click the Transfer button and fill out all information carefully. Transfers are made immediately.

Fees and commissions

Banks can establish their own fees and commissions. It is advisable to carefully check these fees before contracting loans or making bank transfers. The bank offers and collects interest for current accounts and deposits. The bank collects fees for the following transactions:

Cash deposits in current accounts.
Withdraws from current accounts
Transfer of money from one bank account to another

Shares

A share represents the ownership right over a part of a company. A newly founded company in the game has 1000 shares. Of these 1000, only 900 are held by the establisher. Since all companies from ANNO1777 are public, the remaining 100 are automatically sold by the state budget to other players. In other words no one can hold more than 900 (90%) of shares in a company.

Shares bring dividends and can also be traded on a free market. Every time a company owner withdraws money from the company, the money will be distributed to all shareholders of the company, depending on the number of shares held. Let\'s say A, who owns company B, withdraws 100 gold from the company. Suppose there are two shareholders in company B. The first is the owner with 900 shares and you are second one, with 100 shares. You will automatically receive 10 gold from the 100 withdrawn.

Shares may be sold and purchased. You can see the list of shares that you own on page Accounting / Financial Assets / Shares & Bonds. Also on this page you can set the selling price of a share. The stock market is available at section Financial Market / Shares. On this page you can see a list of all the shares offered for sale. Note that the stock market is global, so you can also see the shares put on sale by players from other countries.

Bonds

Bonds are financial titles issued by governments to cover deficits. Practically, these are loans contacted by the state budget loans from the population. There are two types of bonds. Those issued in local currency and those in GOLD. The first ones can be bought only by the citizens of the country in which they were issued. The ones in gold can be purchased by anyone. After acquisition, the bonds can be traded on a free market. A government may issue a finite number of bonds based on the number of citizens, the equivalent of 1 gold /stronghold and 10 Local Currency / citizen. If, for example, country X has 5,000 citizens, it means that it can issue bonds worth 5000 gold and 50.000 Local Currency.

Bonds have nominal value, interest and life duration. The value of a share is automatically set to 1 and cannot be changed. Life duration is also set automatically to 100 days and also cannot be changed. Interest is variable and determined by the government. Interest refers to interest paid daily by the budget. For example, if a country\'s government issued bonds worth 1,000 gold at an interest rate of 1%, this means that it has issued 1000 bonds, each with a nominal value of 1 gold. For these bonds, the government will pay to every owner, every day, an interest rate of 0.001 gold / owned bond. If you buy 10 bonds of this issue, you will get 0.1 gold daily. On due date, the issuer of the bonds pays the nominal value to the owner, in this case 1 gold / bond.

All interest brought by the obligation, as well as the final payment on due date are guaranteed by the system. That means you get money even if the state budget DOES NOT have those money. Basically, the budget may come down because of that. Bond market is available on Financial Market / Bonds.