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We offer savings account contracts and loan contracts. If you would like more information please message me. More information will be released in the next couple of weeks once accounts are made. Everything we do is backed up by contracts. Peace of mind is very important and I plan to deliver.
Savings Contract
Interest Rate: 8% Bi-Weekly(15 days)
Length of Time: Any Interval of 2 weeks
Example: Person A could deposit 20g for 1 interest period(15 days) and receive 21.6g at the end. Person B could deposit 20g for 2 interest periods(30 days) and receive 23.33g at the end.
Account Cap: At the start I will cap the gold I will be accepting to 900g. This will increase as time goes on.
Loan Contract
Interest Rate: 14% Bi-Weekly(15 days)
Length of Time: Any Interval of 2 weeks
Example: Standard Bank will loan 50g to Person A for 2 interest periods(30 days). Person A will pay Standard Bank 64.98g at the end of the loan period.
Loan Capped at 40% of Invested Funds
How Do We Make Money?
Right now there will be 3 main sources or revenue.
1. Monetary Market Trading
2. Income from Standard Bank
3. Income from Loan Interest (A maximum of 40% of deposits will be allocated for loan funds. This is to protect your investment.)
4. We just acquired a public SC you can invest in. It will be up and running soon. Standard Bank Public
Future Plans
As deposits begin to roll in and the bank develops a stable customer base there will be plans for a fully public stock company in order to bring in an alternative stream of revenue and giving our customers another way to invest in this organization.
Closing Statement
Many of you are probably wondering how will will this work, how long until we go bankrupt, and if I am really trustworthy. I have had a lot of experience with the economical part of this game so I am very confident in my ability to deliver on my promises. In order to promote transparency and piece of mind I will post up a public excel sheet that shows how much the Bank and its assets are making.
Another big fear people will have is losing all their money to bankruptcy. The main way I will deal with this issue is to limit the amount of money I will bring in from investors. Given the size of the bank at this time I have estimated a safe target of about 700g for the grand opening. This will ensure debt will not exceed the income capacity of the bank. As it continues to grow this cap will be raised as the bank will be able to make more money as it grows.
Past Performance
Here is a Google Docs sheet that shows the current growth of the Bank and all its assets. This will be updated every 15 days.
Excel Sheet
If you have any more questions feel free to message me!
God King Visa , CEO of Standard Bank
About the game:
USA as a world power? In E-Sim it is possible!
In E-Sim we have a huge, living world, which is a mirror copy of the Earth. Well, maybe not completely mirrored, because the balance of power in this virtual world looks a bit different than in real life. In E-Sim, USA does not have to be a world superpower, It can be efficiently managed as a much smaller country that has entrepreneurial citizens that support it's foundation. Everything depends on the players themselves and how they decide to shape the political map of the game.
Work for the good of your country and see it rise to an empire.
Activities in this game are divided into several modules. First is the economy as a citizen in a country of your choice you must work to earn money, which you will get to spend for example, on food or purchase of weapons which are critical for your progress as a fighter. You will work in either private companies which are owned by players or government companies which are owned by the state. After progressing in the game you will finally get the opportunity to set up your own business and hire other players. If it prospers, we can even change it into a joint-stock company and enter the stock market and get even more money in this way.
In E-Sim, international wars are nothing out of the ordinary.
Become an influential politician.
The second module is a politics. Just like in real life politics in E-Sim are an extremely powerful tool that can be used for your own purposes. From time to time there are elections in the game in which you will not only vote, but also have the ability to run for the head of the party you're in. You can also apply for congress, where once elected you will be given the right to vote on laws proposed by your fellow congress members or your president and propose laws yourself. Voting on laws is important for your country as it can shape the lives of those around you. You can also try to become the head of a given party, and even take part in presidential elections and decide on the shape of the foreign policy of a given state (for example, who to declare war on). Career in politics is obviously not easy and in order to succeed in it, you have to have a good plan and compete for the votes of voters.
You can go bankrupt or become a rich man while playing the stock market.
The international war.
The last and probably the most important module is military. In E-Sim, countries are constantly fighting each other for control over territories which in return grant them access to more valuable raw materials. For this purpose, they form alliances, they fight international wars, but they also have to deal with, for example, uprisings in conquered countries or civil wars, which may explode on their territory. You can also take part in these clashes, although you are also given the opportunity to lead a life as a pacifist who focuses on other activities in the game (for example, running a successful newspaper or selling products).
At the auction you can sell or buy your dream inventory.
E-Sim is a unique browser game. Its creators ensured realistic representation of the mechanisms present in the real world and gave all power to the players who shape the image of the virtual Earth according to their own. So come and join them and help your country achieve its full potential.
Invest, produce and sell - be an entrepreneur in E-Sim.
Take part in numerous events for the E-Sim community.
