Economic Guild System | NEW | | REVOLUTIONARY |

[fudeel]

Hi guys. I'm an old Wow player (10 years now) and in all these years a lot of things has changed.
I finished my high school and I graduated in Economics, but I still didn't lose my passion for videogames and the most important thing that changed is the technology we have, I'm talking about Google Drive with his Shared Documents.
I'm here to expose you a new way to create an Economy in World of Warcraft in every guild. With these changes every guild will have more sense other than Raids, Pvp and other things connected with the gameplay.
One of the greatest thing in WoW is the economy system and I'm here to show you a new way to do it.

I'll explain it in words and numeric (short) examples, so you can understand my experiment easly.

This system is founded on "investments" that each member of guild can do (He's free to refuse it) and Weekly Tax (Each member should pay it weekly, he can't refuse it, but its very cheap and useful for every member).
Lets call Investor Members as IM and Normal Members as NM.

Now, The guild EGS XXX ( EGS stands for Economic Guild System and XXX is the name, but the EGS before its better to stay there so other players can see and will know that you are a member of a guild that uses that system, probably they'll ask to join).
But the way, we have EGS XXX with 5 Members. { NM1; NM2; NM3; NM4; NM5 }. and a Bank Member ( Is a new account that can only take money from players and give money to players) and it will be managed only from the Guild Master. ( Everyplayer is free to accept it or not, if he doesn’t trust him he can leave anytime or just not join the guild).

Now, every guild member gives a WT (Weekly Tax) to his BM (Bank Member).
The weekly tax should be very cheap and in this example it will be 10s per week.
Total Member = 5
WT = 10s
BM = +(5*10) = +50s

Now the BM has 50s in his account and every member has the right to obtain 0.2% of all the money he put on BM from WTs .

NM1 puts 10s in Week1. [10 * 0.002] = 2 coppers.
Nm1 puts 10s in Week2. [10*0.002] = 2 coppers + 2 coppers (week 1) = 4 coppers.

This is not a good way to make money from guild, but it's necessary to create economy inside, because now I'll show you how this system works.

One day, after 2 month from his admission to the guild (50 per week * 4 are 200s per month, after 2 month there are 400 silver on BM account = 4 Golds) , mr. NM3 decides to invest 1 Gold. and he gives to BM 1 gold.
Now in BM holds a total of 5 Golds.
NM3 is now IM3, he became IM since he’s an Investor Member now.
He has the right to take his 1Gold in every moment and the most important thing is that from now
he will have a Return of Investment ( ROI ) that increases every Week.
1 Week = 5% ROI > IM3 can get, after 1week, (1g*0.05)= 5s > 5s+1g > 1.05g.
2 Week = 10% ROI > (1g*0.10) > 1.10g
3 Week = 15%
x
x
9 Week = 45%. ( 1g * 0.45 ) > 1.45g.

9% Is the maximum of Return someone can get and at this point his BM gives to him 1.45golds and he can decide to invest that sum again to gain more money.
Im talking with little numbers, probably members will invest 100 golds, it means they can get 5gold more in the first week, 10 gold in the second and 45 in the ninth week.
When a IM member takes his money+roi back, the next time he invest again he will start from the Week 1.


This is a good RP Economic Guild System that can be controlled from Google Drive Documents from members.
Its 2016 and it would be a shame if someone doesn’t have a Google Account.

Im founding a guild that uses EGS system, it will be Called EGS One (Alliance Guild), who wants to join it can contact “OGUORZ” (my PG ) from Alliance.
You are free to invest whatever you want and whenever you want, just contact me in pvt and I’ll sign you in Google Drive Database and in Google Drive Sheet I’ll record every transition so you can control if everything went ok.
All Guild Documents are Public so you’ll should not have problems to check them.

Oh, important things.
Trusted EGS guild should have their Documents shared, so members can check if their money transfer is registered and they can check how much they can get from the guild.
Its important to respect members of the guild, otherwise this system will crash and no one will pay the WT, no more investments and no more future benefits for all the Members.
This is the best RP way to make money in WoW without cheating or buying (I consider it as a cheat).

[anterozz]

Sounds like a communist socialist pyramid ponzi scheme. Fuck outta here

[Dusith]

I think it will be hard for you to start this up, as you are new to the server and no one know you. I would personally not put any gold into this, but good luck if people choose to.

I have a few questions tho, what happens if your investments dont pay off? Lets say you invested into herbs, but GM's changed spawnrates so you lost 75% of your wealth, I guess that is a risk people need to take. I think you need to state your policy on this, so no one gets upset.

+9% payoff is also really low, seeing items such as Black Lotus in 2 months in creased around 220%! Guess the rest are your payment.

I guess if anyone had some gold to lay off into this, they could just go to AH themself and bank some Plaguebloom or Black Lotus, both are limited on this server, and are bound to go up, because mages cant farm them in DME.

[Setup]

I thought they added plaguebloom to the loot table.

[Anamolly]

Your system is totally RIP if every member's investment gain is greater than the integrated taxes of that person.

Such systems work IRL because the State has the posibility to increase the total amount of money and hand it to the banks/"BM" in the first place. Also IRL theres many many many ppl that just dont have cash to invest and just feed the taxes in WoW the design of the videogame makes everyone automatically to get a decent amount of gold while playing (without farming for gold in the first place).

So i guess you taxes have to be faily high, however

id definetly give it a try to see how it turns out to be

[Simonich]

I see.

Would be fun to see where this goes

[Lifealert]

The problem with these sorts of systems in any video game is that a person can just take all of the investments and run. The persons who put their money into the bank have no insurance therefore it's a total loss.

Something like this happened in Eve Online where there was a player driven bank. In the end the CEO took all of the money and bought the most expensive ship in the game and placed a giant bounty on his own head and dared people to come for him.

[reysode]

Way too much effort just to play an illegal emulation of a 11 year old game

[Doofoos]

Something like this happened in Eve Online where there was a player driven bank. In the end the CEO took all of the money and bought the most expensive ship in the game and placed a giant bounty on his own head and dared people to come for him.

EPIC

[Lifealert]

Something like this happened in Eve Online where there was a player driven bank. In the end the CEO took all of the money and bought the most expensive ship in the game and placed a giant bounty on his own head and dared people to come for him.

EPIC

triggered