Print Page - General Development Corp (GDC)

I have set up evaluation / assessment scripts that add up all of a Corp's assets, deduct its liabilities, and divide the result by the number of shares.

Their findings for General Development Corp (http://www.devtome.com/doku.php?id=general_development_corp) (GDC) are that its net worth is 1305.39473684 DVC per share.

That is pretty good for a Corp that launched so recently at an initial offering price of 20 DVC per share.

Note that it is not the last traded price nor the lowest or highest or average traded price but simply an actual accounting of the assets held by the Corp and the liabilities of the Corp. Whether anyone who picked up its offering will part with any shares, and if so at what price, is entirely up to them.

Initially this Corp was mentioned in the DeVCorp thread (https://bitcointalk.org/index.php?topic=61407.0); thanks are due to General Financial Corp (https://bitcointalk.org/index.php?topic=61557.0) for its essential help and contribution to GDC's setup, launch and success.

-MarkM-

Today the Latest Rates include-file (http://galaxies.mygamesonline.org/latestrates.inc) (

Code:

sBCErate=153247.88852902
sBCIrate=13761.87747968
sBMCrate=19512.22081897
sBRFrate=15175.49527514
BTCrate=78078373.67869027
CDNrate=10604.47759027
CLCrate=109.42509849
sCMCrate=56512.17747079
sCRFrate=465116.89942037
CZBrate=83.23226328
DVCrate=1.00000000
sDVCrate=1302216.71289484
FBXrate=135.84241604
sGDCrate=1379186.69899183
sGFCrate=5074831.06895223
sGHCrate=355730.65477471
GMCrate=7222.26503609
sGMCFrate=281521.33092729
GPLrate=15139.77435249
GPL2rate=10497.47011543
sGRCrate=1538653.29337533
GRFrate=17187.46351939
sGRFFrate=1718489.26134310
GRPrate=196.67825580
sGRPrate=117036.00891649
I0Crate=689.35373692
IXCrate=638.24564296
LTCrate=83817.17050941
MBCrate=31457.50145645
NKLrate=511.80302746
NMCrate=744.22600298
NRDrate=220.67831504
QBTrate=3.12227345
SPICErate=14676.36392720
TBXrate=119.91955407
UFCrate=81.75627264
UKBrate=10481.98959248
sUNFrate=228051.60757556
UNSrate=13840.62281160
USFrate=44.29990224
XGGrate=40.80930751

)

shows sGDCrate=1379186.69899183, meaning the Latest Rate for sGDC ("shares" of GDC) is 1379186.69899183 DeVCoins per "share", which even after all this time having passed might still look not too horrible for something that was 20 DVC per "share" initially.

It could be important to note that I have scare-quoted "shares" and "share" due to all the game assets referred to in the game as "shares" are not, in planet known as Earth (https://www.devtome.com/the_planet_known_as_earth) jurisdictions, to be confused with things on that planet that might there be referred to as "shares", because of course we are talking here about mere game-assets not any kind of actual "securities".

Partly to help players keep in mind that game assets having that designation, indicated in the Latest Rates include-file by the prefix s (lowercase s), are game items not securities, such assets have not been implemented on the Stellar (http://MakeMoney.Knotwork.com/stellar/) platform and very likely will not get implemented on the Stellar platform.

Rather, they are implemented on the HORIZON (https://MakeMoney.Knotwork.com/horizon/assets/) platform which for many years now has been a game platform used for game assets, being as how it was long long ago abandoned / orphaned from a time long ago when its original developers might have intended it to be more of a "real life" or "planet known as Earth (https://www.devtome.com/the_planet_known_as_earth)" platform.

-MarkM-

Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: markm on July 23, 2012, 02:02:13 PM