I just checked the Corp listings at
http://galaxies.mygamesonline.org/companies.html to see whether DVC Corp is listed there yet, and found that it is not.
However I noticed that DeCorp is listed and is worth several times more DeVCoins than have yet been minted:
Total assets: 653181230832.54459102 dDVC
Total shares: 1000000
Share value : 653181.23083254 dDVC
If you check DeVCorp's bitcointalk thread,
https://bitcointalk.org/index.php?topic=61407.0 you can see that it's mandate is decribed in post
https://bitcointalk.org/index.php?topic=61407.msg855065#msg855065 as follows:
"DeVCorp's aim is to increase the value of DeVCoins, so it will do whatever it thinks will accomplish that goal, within the limitations imposed by the resources at its command"
The thing is, DeVCorp is already a Corp, having a million shares, so it is far too late now to try to change it into a treasury "backing" DeVCoins themselves. It's milion shares are already long ago distributed.
However as I mentioned in an earlier post, there is a Corp named DVC which WAS created specifically for the purpose of hopefully someday eventually accumulating a treasury sufficient to "back" the DeVCoins in existence.
The reason I visited the Company Assets page at
http://galaxies.mygamesonline.org/companies.html just now was specifically to check how that treasury is looking since the most recent update of the whole assets tables site
http://galaxies.mygamesonline.org/digitalisassets.htmlBasically I figured if indeed DVC had been added to the
http://galaxies.mygamesonline.org/companies.html page it would be a quicker way for me to look up the current valuation of the DVC entity/Corp than going digging around in the data that eventually creates the
http://galaxies.mygamesonline.org/digitalisassets.html site including the
http://galaxies.mygamesonline.org/companies.html page.
I guess that as long as the value of DeVCoins as shown in the Latest Rates include-file at
http://galaxies.mygamesonline.org/latestrates.inc is based on "price discovery" (markets/exchanges) instead of being based on the total value of the Corp/Entity we are calling DVC divided by the total number of DeVCoins minted as of the time the reports/pages were generated it makes sense not to bother listing the DVC entity/Corp on the Company Assets Summary page (
http://galaxies.mygamesonline.org/companies.html).
So, herewith the value of the DVC entity in the raw form that would have been used on that Summary page had DVC been added to the list of Corps to display on that page:
totalinDVC=8944263423.59525065
I guess it has not changed much since I last posted here about it because it does not currently own a lot of "growth assets"; I thought I'd check how it is getting along though because it does own SOME growth assets, such as
gfc_shares=461
ghc_shares=1015
The thing is, if DeVCorp's mandate is to try to increase the value of DeVCoins, and we hope to be able to "back" the value of DeVCoins with this "treasury" known as DVC, might it be worth DeVCorp's while to DONATE to DVC?
I suppose DeVCorp would want to own a lot of stuff whose values derive from the value of DeVCoin, but I see already a couple of things it owns that do:
gfc_shares=119539
and
dDVC_reserves=21187949.908015
I see that it also owns
gdc_shares=200000
grc_shares=200000
and I think maybe both of those might also be heavily into DeVCoin.
For example looking at GDC I see
gfc_shares=200000
and looking at grc I see
gfc_shares=200000
You might recall that GFC is Galactic Financial Corp aka General Financial Corp, whose bitcointalk thread is
https://bitcointalk.org/index.php?topic=61557.0Its entry on the Company Assets Summary page tells us
Total assets: 2704842704928.26015831 dDVC
Total shares: 1000000
Share value : 2704842.70492826 dDVC
It is a "growth asset" in the sense that it has lots of ("secured") loans out, denominated in DeVCoins. I would not be surprised if its total Accounts Receivable still exceeds its total other assets (the stuff debtors have given it in payment of their debts and accrued interest on their debts over the years) even after all these years that it has been in operation. I believe its thread gives some info about it's operations way back when, especially the massive profits it made early on for it's initial investors due to the fact that the amount of funding provided by those founding investors was trivial compared to the sums it then proceeded to borrow at one (usurious) rate of interest to loan out at a twice-as-usurious rate of interest.
So looking at all this, I am thinking maybe it could be possible that if DeVCorp were to donate a lot of assets to the DVC entity, AND DeVCoins were then to be value as if each DeVCoin were a share of the DVC entity, it might be possible that the value of DeVCorp itself might even increase by doing that, thus allowing DeVCorp not only to carry forward its mandate of increasing the value of DeVCoins but also to not annoy it's own shareholders by lowering its own value.
Also maybe its shareholders might want to bolster their own holdings of things that can be expected to increase in value if DeVCoin increases in value...
IT SHOULD BE NOTED THOUGH THAT ALL OF THIS IS WITHIN A GAME, THE SO CALLED GALACTIC MILIEU, SEE
http://devtome.com/doku.php?id=galactic_milieu AND MOSTLY BASED ON THE PLANET KNOWN AS M5, THUS IN PARTICULAR NONE OF THESE ENTITIES SHOULD BE CONSTRUED AS SECURITIES BY PERSONS ON THE MYTHICAL "PLANET KNOWN AS EARTH" (SEE
http://devtome.com/doku.php?id=the_planet_known_as_earth). WE ARE BASICALLY JUST WORKING OUT WHAT THE GAME VALUE OF VARIOUS GAME ASSETS ENTITIES AND CURRENCIES IS WITHIN THE GAME AND IT IS IMPORTANT TO BEAR IN MIND THAT MOST PERSONS IN THE GAME REGARD "THE PLANET KNOWN AS EARTH" AS PURELY MYTHICAL, JUST AS QUITE LIKELY MANY PERSONS ON THE PLANET KNOWN AS EARTH CONSIDER THE PLANETS AND PERSONS IN THE GAME AS PURELY MYTHICAL.
-MarkM-
P.S. It occurs to me also that maybe DeVCorp should start selling some of its assets, especially those not greatly based upon DeVCoins, FOR DeVCoins, to try to increase its DeVCoin reserves.
