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Publishing articles is one of the easiest ways to make money in CoinRepublik. Everytime a player reads one of your articles you will receive $0.01 for international articles and 0.01 for local articles. Also every vote will bring you 0.05 . Not only articles writers are rewarded but also commenters that will receive 0.1 per comment and 0.05 per vote. All you have to do is write original content that pass the moderators minimum quality rules. Only articles related to CoinRepublik ecosystem are eligible. All payments are made by Game Fund or State Budgets


  


 
 
The game fund explained
Posted by 4 months ago


In this article i will explain what is the game fund and why it is very different from the traditional ways games make money.

Any game has a mechanism to take money from players. Even the free to play games like CoinRepublik require an income to stay online, because servers and developers costs a lot of money.

Just like other free to play games (called freemium) CoinRepublik attracts funds by selling in game advantages / products. For example when you start a company, you will pay an amount of USD as a fee. You will also pay when you start a workplace / rent a licence and so on. All those money you pay are received by a fund called the game fund.

The game fund can receive only USD and you can check its balance and other data by going to the Game Fund section on the first page. You will find there the actual balance in USD, the list of income / payments and the list of payments to the token contract. Interesting stuff there...

While there are over 20 type of income transactions, the game fund also make payments. The first type of payment is the money sent to article authors ( i have wrote an article about press where i explain how it works). Another type of payment is made to an external Ethereum smart contract.

The Token and the smart contract are a large subject and i will write an article about them later, but to be short one CoinRepublik Token represents a share in the game that can be sold anytime you want back to the contract at a price that tends to increase in time. Why the developers created a token for this is also another subject.

Bat let's get back to the game fund. The payments to the smart contract are made every 10 days. On 10, 20 and 30 of the month. Of course the game fund can't directly send ether to a smart contract, so the developers have to take the money, buy Ether and send the funds to the token contract. Once they send the money, the transactions are visible.

The game fund also pays the resellers (section is not yet activated) when they move money from game to players and back. The resellers will receive 10% of their trading volume.

Overall, the game fund income is much bigger than the game fund spending, and all the profits are sent to shareholders.

In conclusion the game fund is an essential aspect of CoinRepublik and i recommend you to check the it's income / spending because it's a very good indicator on the game economy health and future CoinRepublik Token (CRT) price.

I hope you liked my article and will upvote it.

 

 

 

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