What you need to know about the new changes
The Libertine
Welcome to the CRoy Insider, your sexy substitute for the actual insider.
Today, eRep added a "My Land" feature to profiles. They also rearranged the top menu system.
What your profile page would look like if you were me. Dream on.
What is "Land of CRoy"? It's just a list of all of my companies. Basically eRep made everyone's holdings visible, and added a decently neat graphical layout to display them. Ho hum. Not really a big deal. Kinda neat to see everyone's companies. Syrup has a ton. PiginZen has a lot of Q5s.
The BIG DEAL is the few price changes and an added mechanic for company ownership.
All companies now exist on a "land" space. Everyone is given a space for all existing companies as well as three free open spaces. To open a new company, you need a free land space. Once you use up your three freebies, land will cost 1000 local currency. Looks like those worthless Bolivian bolivianos have some use now.
OMG a money sink~ (This is a good thing. It will help combat inflation.)
Once you have your land open, it's time to buy a company. Companies new have a brand new price structure.
Total cost (not upgrade costs)
Q1 - 10G
Q2 - 30G
Q3 - 80G
Q4 - 180G
Q5 - 380G
10G for companies \o/
Now for some specifics. When you sell or buy a company, they will not be attached to land. So if you want to buy a company, you must have land open to do so. Once you sell a company, it will open up a land spot in your land farm.
There still isn't a limit on how many companies you can own (though it makes little sense to own more than 30, because you'd be using wellness packs instead of food to have enough wellness to work in all of them).
You can create a company at level 12 now. I believe it used to be higher?
If you transfer a company from your org to your citizen (using that one time transfer option) it will not take up a land space. The land space will migrate with the company.
Houses are still slated to be removed, in the near future.
Eventually, there will be a chance to transfer companies still stuck in orgs to citizens that did not create the org. The same goes for people who own SOs* from beta (these orgs aren't attached to any citizens like ones created after V1 started). There is no time table for when this option will be made available, but it's safe to assume it will come around the time orgs are being prepped for removal. When will that come? Your guess is as good as mine.
wtf is this
There's a new menu system. It's not very good. The buttons to get to your newspaper and to get to the eRep forum have been removed. Those can both be reached in other ways (the forum link is at the far bottom left of every page, and the newspaper link is in your profile page).
I'd expect to see the menu system reworked.
All in all, the changes are interesting more than anything else. I feel pretty neutral about them. The lowered price of companies is good. The currency sink is good. Then "land" thing is, well, kinda neat. Useless, but neat. But the lack of communication about the changes is crappy and negates a bit of the good stuff.
~So you got me instead~
Best,
CRoy
PS: don't complain about "losing 10G for old companies because of the company price change." The new $1000 land charge is roughly equal to 15-20G (depending on the peg). That brings the total to 25-30G for a new company, after the first three free land spots are used. It used to be 20G flat. You saved money by opening companies before this change. Complain about the new price structure if you want, but please don't mindlessly rage about being screwed by the admins and wanting your 10G back for every company. Leave that to the Eastern Europeans. They're pros.
*Fixed for Publius
😁
Comments
Firsties
2nd?
v
yep 2nd 😃 nie work CRoy!
gravy.
Good article, thanks CRoy.
nice.
voted.
yup, we're pros : D
voted
Exellent article - thanks! Can I copy it to Egyptian media?
Go for it Franz
"Once you use up your three freebies, land will cost 1000 currency of your current citizenship country."
This is not correct. You can buy land at the price of 1000 local currency, not 1000 citizenship currency. When you buy land it doesn't matter your citizenship; the important is current location. If you want to buy cheap land you have to move to a country where you have a better gold-local currency ratio.
1000 BOB is 8g now, so it's 18g to create new companies
Thanks turturica. I'll fix that.
>The same goes for people who own orgs from beta.
>orgs from beta
SOs, bro.
Leave that to the Eastern Europeans. They're pros
I'm just happy that Admins work for eRepublik, and no where else.
The world would be chaos.
You're advocating *NO* mindless rage towards the admins concerning a change made to eRep?
What is this I don't even 😕
Awesome article, I must say.
Voted
"Syrup has a ton."
jaguaros > all😛
Great info for me. I'm looking to start my first business and I had no idea.
Complain about the new price structure if you want, but please don't mindlessly rage about being screwed by the admins and wanting your 10G back for every company.
signed
most people just aint good mathematicians 🙂
v+s
the Australian dollar is shit. this is possibly the first time i am happy about it
I wish they hadn't of given free land slots. I wonder how this will affect the economy as people race to buy their first company the minute they hit level 12.
And also could you explain to me what a Job Market building does. I noticed this building Leroy Combs profile below and its the first building in his Fleet of companies. Below is the link
http://economy.erepublik.com/en/land/overview/917831
"don't complain about "losing 10G for old companies because of the company price change." The new $1000 land charge is roughly equal to 15-20G (depending on the peg)."
- this is true only if you already or you are going to own more than 3 companies. If not, which is the case for most of the users , the gold is lost.
If you want to act smart make sure you got your facts right...
Signed
An Eastern European
This article is an example of just one of the many reasons I ♥ you, CRoy. You always keep us informed.
voted
I hope they bring back the newspaper link into the main interface. It's a lot simpler that way. Otherwise the changes arn't too bad.
"Leave that to the Eastern Europeans. They're pros."
xD
Excellent breakdown CRoy. Voted.
Your newspaper needs to come with tissues.
What happens to your local currency is what I want to know. If it just vanishes then Countries are going to have to print a ridiculous amount of new currency to make up for the constant loss of currency. Yay for more economic problems.
Quite informative, didn't realize the profile page part.
Thanks, that halped.
Voted.
good article thanks, shouted it.
So everybody lost 10 G per company.
"What happens to your local currency is what I want to know. If it just vanishes then Countries are going to have to print a ridiculous amount of new currency to make up for the constant loss of currency. Yay for more economic problems."
This is actually quite positive. With a natural deflation (currency sink) governments will be able to print more currency without fear of wrecking their economies. This is especially true for small nations.
votad
This isn't too bad! (relativily speaking)
Excellent article thanks!
But your P.S figures are abit off since you can move, buy land with 1000 cheap local currency, move back and buy a company. Land doesn't transfer with a company so people with lots of companies cannot cash in their assets like before.
http://forum.erepublik.com/showthread.php/107975-Refund-10g-per-pre-existing-company!
I think the same guys that organized eRep also designed the European Parliament.
Good info. Well written. Voted.
Usefull information you get a Vote (Inspite spitting on the Eastern Europeans at the end)
Nice - Vote
Thanks for taking the time to write this up. Voted!
"don't complain about "losing 10G for old companies because of the company price change." The new $1000 land charge is roughly equal to 15-20G (depending on the peg). That brings the total to 25-30G for a new company, after the first three free land spots are used."
Underline the "first three free land spots": it basically means that if you own three or less companies you ARE, in fact losing 10g per company, compared with someone with no companies.
Despite that, and despite your borderline racist remark, voted.
gj CRoy 🙂
v
v helpful ty