Tavastia built their own system, Markkakanta, that is not compatible with CK basic economic principles such as time, NPC costs etc. It does support cooperation in the form of items and tokens transfer though. Markkakanta will probably not have land, but it will have financial assets and virtual collectibles. These can be transferred.

If some county wants independent + be part of the same system, then there is some need for coordination. If you do the same as with Tavastia, there is no much need for permissions - I don't remember asking them Well the CEO will lease PJ's work of course, but tbh Markkakanta could have been implemented with less expertise than PJ, since it is so simple and not even compatible.


I suppose there are people who'd gladly take a significant share of the monetary system of any country, in return for their help in setting it up Personally I am busy now to get it rolling but once it is done, it will be easier for others to do anyway.


I can't recall the exact day when I started with the project but it's probably about 26 days ago. It has been a reasonably busy thing and I don't yet have much to show for it. As Saturday draws to close, however, we should have:

- 90 pilot participants demographically weighted from all over Finland, different ages and sexes
- of these, 15 group leaders coordinating the effort of their locality or friends' circle
- of these, 5 area coordinators acting as hubs between leading coordinators and group leaders
- 4 leading coordinators with diverse backgrounds providing expertise, contacts and marketing
- about 2-3 experts pushing the usability of Markkakanta software
- web newspaper in Finnish in kansanmarkka.fi, 4 articles per day
- FB page and group with fast response time, other tools for team collaboration
- Event in rooftop sauna for "maximum 50 at the same time" (it lasts for 12 hours and more than 200 were interested in coming in FB and live)
- other full, half and part-time coordinators upon need, with levels assigned to each for ease of coordination
- at least 15 local shareholders in addition to the 100+ in CK
- Markkakanta working in browser/mobile with minimum features for the pilot participants
- physical certificates in 5 denominations security printed in color, to be distributed in the event
- Markka in the hands of 90 people who know how to use it and are eager to do it and invent more.

If we ignore the compensation by tokens that is possible to be printed out of thin air, shares etc, the cost of everything has been around 1,000-2,000 XMR. If I had less money, I'd seek to recoup the initial investment in 3-6 months but now it's not a big deal really anyhow.

After recent interest, we are at 0.275/0.270 XMR   (about $2.02/€1.83). Of course the trading happens at low absolute volumes - the total volume of trading in the 6 days that it has been trading, has been about 3,000 units (about $5,000).

Remembering that more than 100 people got their initial position free of charge, we believe that even at low volumes, this is indicative of actual market valuation because every one can individually dump and profit if they feel it is being pumped.

To see the real-time situation, it is required to register to Crypto Kingdom (item: MKA). Registration is free.

Yeah and not only that, one of our counties is in the process of breaking free, and has copied parts of our software for their purposes, and has given free-trading goodwill stocks worth more than 10,000 XMR to our players...

What if all the counties do the same? Don't we become rich?     

Yes I am also really excited about the coin collecting now

A piece of history.. coins date back to the earlier period of 1600, before the pause. So in otherworldish terms, to about March, 2015. That's a fair bit of time ago. For instance XMR traded at around 0.4 euros.. We were only the 102 ancient characters in the game, not 700 as we now do. The coins were made of gold, which was still having votes and dividends (in fact it only started to have the M dividends in 1520, the year names as T.I.E...)

When the then Prince of North Face saw my plans for items (which had not previously existed at all, in any form) and coins in all the myriads of types, he told: "mind=blown" and probably proceeded to sell some of his gold, just to hedge for my insanity.

It took several real-months from the beginning of coin trading until Ultima platform was launched. In the beginning, coins traded "p/o" meaning only the collector value was traded. Now we have practically made a full circle as gold is now so cheap, it is not a meaningful component in the price of the usual small-size coins. 

It was possible to buy a GigaPack of 40 collector's coins, and other packs were offered as well. The price for a normal 20-mintage CR-E coin was about 2-5 mil, but sometimes they fetched even 15-20 mil. The CR1400E was around 20 mil mostly.

* - *

I will help Syksy with this competition by making the prize allocation formulas. His part is to make the scripts that evaluate the goodness of the collections vs. each other in objective terms. My job is to ensure the prizes are distributed far and wide so that everyone can increase his ranking (and prize) in the contest by making well-planned purchases that do not necessarily cost much at all!

Also, in accordance to the original Coinshop pledge, 100 mil has been transferred to the prize pool.

MKA item was raffled successfully

Valuing the item is extremely difficult. If everything goes 101% as planned, one share might fetch a value of 50-100 (current) XMR in 5 years. If not, zero is a likely option. There are many intermediate cases as well.

The market here is still very important - despite being small, it is the only liquid 24/7 market for the said item even existing atm!

At least the quantum foam is decisively past us with 10k BTC and more daily volumes.

This tax is payable to the "game" (use account #4) and is 10 mil by GM decision.

It is still possible that the admin doing the work needs a cut, which might be ~2 mil due to little work involved.

The 10 mil is compensation for the extra privileges that the account is promised to have for an extended time, unlike Houses (normal player accts).

XMR will get quite a nice boost because the new coin will make me (even) more famous, and of all the coins, I can only promote XMR these days. So free marketing coming

Crypto Kingdom spins off a new currency People's Mark. It will later be used in Finland as a basic income currency.

Initial Economy Bureau stock giveaway happens to all the CK item owners in CK tomorrow 4pm UTC. Still time to participate.

The share is now created as a depository share. The free spinoff distribution as spoken about in the previous post, will take place tomorrow Wednesday, about between 4-7 pm UTC.
- A test item will be created and 1 units given to all holders of CK.
- This test item will be spoiled until its number goes below 50,000.
- Then 1*MKA is dividended to holders of the test item
- Zech is ineligible. His part plus the residual (total approx 30%) will be later given to those with wisdom, with weight on the middle class.

See the item here.

This free giveaway is the first distribution of the EB stock after the founder's stock+options plan earlier today.

The structure currently is:
150,000 shares "A" free-trading (incl these 50k), with votes and dividends
400,000 lock-in shares "B" with votes and dividends, will come free-trading in 2017-2018
500,000 options with no votes nor dividends, convert to stock in 2019-2021

Maximum number of total stock (incl all classes) depends on the number of users in the system: with 50k users it is 4 million shares (80 shares per user), with 5 million users it is 10 million shares (2 shares per user).

The currency, kansanmarkka, People's Mark, will be launched later this month by this organisation.

PRE-ANN update in the altcoins forum.

This announcement has tremendous importance if you just read and understand it.

The negotiations in Tavastia have caused a following plan to surface: own currency empowers people, so let them have it!

The first platform for trading of the Bureau stock, will most probably be Crypto Kingdom Ultima Platform. It is only right that CK owners will become owners of the Bureau as well as CK, after all the ideas and systems used by the Bureau and in markka, have been developed in the context of CK and I have almost got paid for it!

Approx 5-10% of the free-trading part of the Bureau stock (which may be maximum 5% of the total stock) will be freely given as a dividend to:
* owners of CK
* those with wisdom,
using a method to be explained soon. This will happen no sooner than 48 hours from this announcement, enabling everyone to buy CK if they like. My wm have 9 hours quarantine.

This is an unofficial abbreviated translation of the preliminary announcement text. "Kansanmarkka - suomalainen paikallisraha" is a strongly Finnish new venture with the account software only in Finnish at the moment. Nothing should be regarded as final, etc. The post will be updated as new info becomes available. Last updated 2016-11-18


[2016-10-3]
People's Mark (Finnish: kansanmarkka) is based on universal basic income for Finnish nationals and residents
Value is freely floating in the market
Centralised DB, proprietary account software in browser/mobile
Will be transferred to a crypto platfrom "as needed" (with higher market cap target)
Suggested uses: local transactions, internet commerce, supporting activism



"Markkakanta" account system

To register as recipient of universal basic income, complete authentication must be given. Anyone can, however, register as a "project", which is just a numbered anonymous account, ineligible to receive basic income but possible to participate otherwise.

A large part of the information of participants is public as a default, enabling search of other local users and teaming up with them. Social media style platform exists in the system itself, also linking to others (FB) is possible.

There is a direct democracy feature where all users may select a coordinator by voting in a zipcode level, and these will in turn select municipality/borough, city and area coordinators in successive stages.

The using of the account is simple and transactions instantaneous. In addition to the currency, Markka, also tokens can be created and traded. The most important token is the share of the system, which is self-incorporated.


Bureau of Economy and the Treasurer

Bureau of Economy ("taloustoimisto") appoints Treasurer ("taloudenhoitaja") who manages the system, especially the important aspect of the details of new money creation.

The Bureau ownership is divided to approx 10 million shares, of which 5 million belong to the people of Finland and will become free-trading only after a delay, and the 5 million will be able to be sold as "free trading" or "support" shares, which both have same dividend but the former may be traded, while the ownership of the latter gives a higher rank in the internal hierarchy in the economy.

First Treasurer is me. A short bio:
- Majoring mainstream economics in 2000-2006 in Aalto University / prof Wallenius; Austrian economics self studied same time
- Founder of several companies, among them Hopea.fi, Silverbank, EIH, Scenario Investments, Crypto Holdings (most dealing originally with investment silver, later Bitcoin/Monero)
- Creator of Crypto Kingdom
- Lives in Malla Bitcoin Castle, the largest piece of property bought with Bitcoin profits


New Emission of Markka currency

The Treasurer decides weekly about how to distribute new currency. If it is done, it must be done as follows and no other ways will be available:

* Universal basic income must be given to every Finnish citizen that resides in Finland, equal amount to everyone.
* Encouraging basic income is calculated with a script from the personal records in the system, and differs in amount (script being the same for everyone of course). Also foreign persons may be eligible.
* Split is used to increase the number of currency units in proportion to the existing balances. This is done if their value abruptly rises, to keep the exchange rate in check while not diluting the ownership of existing owners.
* Dividend is always 10% of the sum of the money creation of all the previous three ways combined, and may not be more nor less. It is given as a dividend to the owners of the Bureau in proportion to the shares.


Miscellanea

Physical certificates will be issued to complement the payment options.

Bureau may never print new marks to itself, nor to any entity that is not an identified human, except if in connection with Split or Dividend, where the number of marks and shares (respectively) decides the amount of new issuance.

Bureau may never receive any compensation from the issuance of marks, the receivers get them all free.

The exchange value of markka, is targeted to grow but only slowly, and reach parity with EUR. If it dips, less or no new money will be created for a time. If it surges, split will be arranged. There is no cap on the total number of markka.

The Bureau stock is the more speculative item. It will come for trading in Crypto Kingdom soon.

In Finland about 55 billion EUR are in circulation, mainly in bank accounts. If all these can be replaced with marks of equal value, the people will have received basic income totalling 50 billion, and the owners of the Bureau will have received 5 billion as the 10% dividend. A person (especially a non-Finn) cannot meaningfully increase his share of the larger pie, because it is equal for everyone. But the smaller pie is up for grabs, because it is in proportion to ownership. This is no investment advice.




[2016-10-4]

Hi all, thanks for encouraging feedback!

First it's important to realise the following:

1. we will make a new currency, which is first a centrally managed one, but will become a crypto soon

2. before that, we need to create the organisation that will manage the currency! The organisation itself is a self-existing corporation with stocks. The stocks will be able to vote, and have dividends: 9.1% of the total amount of new currency created will be given to the owners.


I created 500k shares to myself to be given in the first 3 years slowly to keep myself motivated (only 100k is given right away). 50k is given for free to the owners of Crypto Kingdom, my earlier project. I want to keep people in all of my projects happy - even if I jump to new ones without warning, they should not suffer. The total in all kinds of stocks and options may not exceed 2...10 million units, depending on the number of users (none...all the people in Finland). So the token remains very rare and 1% tail emission starts only after 1 million identified users!

So if you want to get involved, register to Crypto Kingdom and buy the token MKA (the share of the Economic Bureau). It is very high risk, so possible to get cheaply if some of the CK players sell the freebies. More info on the distribution process via CK.

There is no ICO planned for either these shares or the currency when it comes (later this month). The distribution model is basic income, so all people will get them first, and then investors buy from the people in the aftermarket that we provide in the account software. If you want to participate in the basic income, you have to be a Finnish citizen.



[2016-10-5]The freebie-spinoff launch of "MKA - Kansanmarkka EB A-share" (Crypto Kingdom item: MKA) went as planned.

The total circulation of MKA is now 170,000 units, of which 50,000 are currently registered in Crypto Kingdom platform.

6 hours after commencement of trading, the market has ask/bid of 0.19341 / 0.1894 XMR, which is about $1.2/€1.1 per unit of MKA.

Calculating the market cap is tricky since the grand total of MKA, MKB and MKD issued is 1,150,000 units, but some of them will only be converted to MKA after 5 years.

MKA owners are entitled to 10% seigniorage dividend, calculated from the total of Kansanmarkka (MK) currency issued. The first issuance of the currency will happen approx. between October 17-24 to the small number of participants in the first pilot phase of the software. During the rest of the year, minimum 10,000 participants are projected. This will increase the quantity of currency issued - and thus dividends - markedly.

Thank you everyone who has volunteered to translate! Since this is a national coin, we are content with Finnish but will reach out to you if plans change.


[2016-10-19]One more basic income round was distributed today, raising the total issuance to 232,000 MK. The target price per unit is 0.05 EUR, and the actual price in the sole (as far as we know) exchange is 0.0102 XMR (0.062 EUR). The market cap is 11,600-14,300 EUR.

The stock MKA also had a distribution round today, "CK #2". This causes the 50,000 freebie stocks to be fully distributed ("Office" holds about 600 for claims purposes). In total, the number of stocks entitled to dividends and votes is 620,879. More are for sale by the Bureau, but only against a payment in MK (20-25 MK/unit). Since the issuance of MK is so small, not much can be bought. In CK, the price of MKA is 0.310 XMR (1.88 EUR) and the market cap of the Economic Bureau ("central bank" of the Kansanmarkka economy) is 1.2 million EUR.

We now try to get the pilot users to actually function as an economy. We have people who are interested in buying MK and MKA, but it is hard to get anyone to sell.
- Communication between piloters is the first issue to be tackled.
- Markkakanta account system is strongly developed to include the promised features that mainly exist as code.
- As much basic income will be doled out as possible, with only the restriction that the price may not dip from the target of 0.05 EUR.
- We continue to offer MKA and B-series shares cheaply to the users.
- Clearing system for both digital and physical currency is being developed and we have already contacted payment processor.
- A new batch of certificates will be designed and issued, estimated 50,000 "banknotes" by the end of November.
- We also seek 2500 users by the end of November.

It is a pleasure to report this Please ask / comment whatever you wish


2016-11-18     A "Motivating basic income round" was held in 2016-11-30 (about 200,000 MK) and that was given completely as virtual collectible coins, of which 27 types were created. This mimics CK successful approach (they have about 300 types). The coins have a face value, at which the system will always buy them back.

In the 2 weeks since, only about 20% of the coins have been smelted, though, proving that there is much possibility in the system to absorb more money creation.

Because of difficulties to exchange KMK<->EUR and the uncertain value, a "Matching round" was arranged with anyone having the opportunity to enter bids and asks in a manual exchange spreadsheet. This resulted in 21,000 MK changing hands at a fixed 0.070 EUR/KMK price. The sum that was exchanged, albeit tiny, is in fact more than 10% of the readily circulating monetary stock.

The value, 0.070, is 41% higher than the previous Target Price of 0.050 EUR/KMK. This was selected to be the new target price as well, cementing the 41% gain for all the holders of MK.

The stock market was more dormant, however, as MKA in CK is trading at 0.300 XMR (1.86 EUR), a minute -3% in XMR terms and -1% in EUR. (In MK terms, the stock actually shed value drastically due to the MK appreciation).

The challenges to get 1st phase pilot users (77 of them) to function are about overcome. We now move on to gain 500 new users by the early days of December.

25 of the piloters are now promoted to be Coordinators in coordinator levels 9-16 in the 20-step Kansanmarkka levels system. The coordinator levels roughly correspond to Baron(et)-Grand Duke levels in CK (11/12-18)

Planning side is very strong in the meantime. Complete goal roadmaps for a full year have been drafted, including two of the most important:
* Feature (technical/economic) strategy.
* Marketing/communication strategy.

It is not possible to translate these into English with our current focus, however.

Thank you!

Stop loss is for margin traders. It does not suit long term investing.

Gold Medal (GOM) is to be used for prizes and similar. Medals can be larger in size, and unique.

And I have donated 1,000 CKG for the purpose as well.

Syksy, no need to follow it literally, unless the king says so! 

An important criterion for any contest or other activity is the admin capability to handle the grading. I might have thought to do it in a different way.

Yes, technically retired monarchs still retain HM address, especially as the level is not touched either. How come that slipped my mind, perhaps was too eager to rid me of notional responsibility in preparation for the greater one.

To make matters simple, I will rule that it is fine to use plain rpietila (I/II) referring to my reign and that of my father, no honorific needed. I will continue to use HRH, which was bestowed on me in 1608 by my father, King rpietila I. This is to reduce confusion with His Majesty, the King regnant.

The address Their Majesties, will be proper to refer to both the living kings, the single His Majesty should be used for the current king only. I will respond to Your Majesty only if His Majesty is not present in the room.

Btw my name is Zechariah and it is good to use it after a lengthy period of being known as Tavastia. The last name is a concatenation of Tavastia (my county), rpietila (my royal house) and CK (the domain which the house ruled).

I would exhort everyone to read the rules from the Archives, since it is less likely I will publish much in the immediate future, so make sure you know the current ones at least!

The suggested usage of the Archives is that every important decision by any authority in the game (by the GM, judges, Senate, king) down to the level of individual peers and companies, can be posted there. Because the thread is kept free of clutter by self-moderation, it is not easy to get it bookmarked. So the decisions should be linked here as well. I am (currently) the one who archives them to the relevant collections in the thread and manages the interlinking. This duty is not what I particularly love, but the others capable of doing it are also busy, and after all I am the GM and it is most important for me to keep up to date of the game rules.

Other things I'd do if I had the time and authority, to spice up the game right now, would be as follows:

- Commoners do not yet get system-administered promotions. I can quickly appoint any admin and task her how to promote with
PROMOTECHAR char_id level year. Please volunteer.

- Every peer is granted a right to immediately promote 1 Knight. Please ask the admin who takes the task above, to make this promotion for you if you are not an admin yourself. For promoting a Baron (in your own peerage of your county), you need to convene with the King, because the quota of new barons is only 4 total. No viscount promotions just yet.

- I am interested to convene with HM concerning the peer promotions. As ruled in Rules, King may promote anyone up to Archduke, and GM does not have a veto. However, GM allocated the quota of such promotions available. I am very interested in having at least a Grand Duke in our kingdom by 1650.

- I would wish Marquess Syksy to organise the Coin Collecting Contest in collaboration with HM. That is a royal endeavor promised for 1650, that passed to the responsibilities of the Crown, but in my opinion the practical arrangements could better be borne by Syksy. In addition to other prizes that possibly are promised by the Crown (can't remember just yet), I will contribute to an equivalent of 1,000 CKG. I also intent to participate in the contest with my collection that (currently) lacks about 20 coins of the 197 gold coins existing. It is known that Syksy himself has an extensive and expensive collection of said coins, which makes him qualified to make the formulas that assess the value of the collections. Syksy may also participate in the contest and is eligible to win.

- I would wish HH SirJacket of North Face and 2 others be appointed Speakers of the Senate, with responsibilities that the Senate in Session bestows on them. I do not wish myself nor the king to be appointed.

- I intend to soon make division of the Town assets to be system assets (governed by GM) and Senate assets (administered by whomever they appoint).

- Please consider also the appointment of judges and defining their responsibilities. I can attend the session since I have some experience of the matter.

Finland is falling to open tyranny at a record speed. While I am coordinating completely peaceful measures to address the ongoing conflict with Mr. Janitskin, he today got a note that he is being wanted in custody in Finland (a country where he has not even visited for 3 years), for made-up crimes that he supposedly has committed during his time of not even being in the country.

In reality, they just want his web newspaper down, because it sorely sticks in their face. Finland was hailed as #1 in press freedom last year, when there did not yet exist any truthful media. Now as one is reaching daily audiences of 4-8% of the population, it is under the threat of closure by any means available to the totalitarian state.

Never mind it is not even in Finland. That never stopped the apparatus from sentencing me in Finnish court for bogus crimes very little connected to my person, nor happening in Finland.

The lack of lawfulness, of common sense, and even procedural ignorance, is appalling. Soon the truth is indeed such a treasonous thing that it is forbidden to think about in Finland and abroad alike.

http://mvlehti.net/2016/09/28/prosecutor-wants-spanish-mv-lehtis-editor-in-chief-ilja-janitskin-imprisoned-on-friday-in-finland/

Treasurer of a country in a time of national emergency? Yes, it is an important position and affects many lives.

Among existing admins, the combination of Syksy/Mooo could do the event solver session.

CK (item) dividend paid for the last week. 20 m was paid per CK, altogether 210 mil.

The announcement yesterday has not caused any change to CK valuation, neither to the up nor the downside.

Not much. I can summarise instead: I have a new project, which I have to accept because of patriotic duty. It is much tied to CK, even the software is a fork of CK. It'll consume some of my time, but I'll refund my CEO salaries (and those of PJ) in proportion. Also, this new project will become a great investment opportunity, which can be bought directly from CK.

In game philosophical terms, this is Tavastia county becoming independent with a forked software. Instead of active monero people, or gamers, the target market is all Finns. (No effect to the CK Tavastia county, yet)