Post by Deleted on Feb 13, 2015 6:59:37 GMT
elmerlot Announces Changes to the Harkopoint Economy and Three New Badges
Pictured: What some experts believe would have happened if these changes had not been made.
HARKOVAST FORUM (AP) -- Controversy broke out today after elmerlot announced a new set of changes to the way that the Harkopoint Economy functions that includes significant reductions the bank interest rate and weekly posting wages. "People seem to be getting points really quickly!" Harkovast, creator of the webcomic Harkovast, said.
In response to the growing amount of Harkopoints in the market elmerlot implemented a number of changes both major and minor that he said, "was aimed at curbing any potential inflation in the market without sacrificing users ability to attain wealth or de-incentivize regular and timely posting." He also went on the record to say that the new changes are something that he long expected would eventually need to be implemented in the long-term. He said, "without these changes we'd probably be looking at some really incredible hyper-inflation before summer, users would easily be in the tens of millions of points and badges would have to be adjusted in price well into the billions to remain valuable." He said that this simply wouldn't be acceptable for any members with low-post counts or those members who have only just joined the forum.
"For them," he said, "the Harko-point reward system becomes this insurmountable monolith. Badges would be impossible to get and the entire incentivizing purpose of posting is undermined." AP has acquired an outline of the new economic policy and will be posting it in its entirety:
Wages
Wages now operate on the fortnight system. This means payout is every 14 days instead of every 7.
Daily Posting
Bank Interest Rate
Badge Prices
Stock Market
These changes were made to keep the Harkopoint a competitive virtual currency elmerlot went on record to say. Experts have long been interested in the problem of inflation, with some experts suggesting that there is no solution. elmerlot assured AP reporters that it was just as easy as ever to build wealth under the new economic policies. "0.5% per day in the bank is still a significant gain for active members" elmerlot said. "4% per day was incredibly irresponsible" he added. He also noted that the stock market still existed, and that it was still a valuable way to attain wealth outside of posting. Before leaving he told reporters that the new system was just like the old one, "People are rewarded for posting on the Harkovast forum--that hasn't changed. The new policies just emphasize this."
Pictured Left to Right: Glunn Badge, Pure Evil Badge and Duelist Badge. All can be bought now!
Pictured: What some experts believe would have happened if these changes had not been made.
HARKOVAST FORUM (AP) -- Controversy broke out today after elmerlot announced a new set of changes to the way that the Harkopoint Economy functions that includes significant reductions the bank interest rate and weekly posting wages. "People seem to be getting points really quickly!" Harkovast, creator of the webcomic Harkovast, said.
In response to the growing amount of Harkopoints in the market elmerlot implemented a number of changes both major and minor that he said, "was aimed at curbing any potential inflation in the market without sacrificing users ability to attain wealth or de-incentivize regular and timely posting." He also went on the record to say that the new changes are something that he long expected would eventually need to be implemented in the long-term. He said, "without these changes we'd probably be looking at some really incredible hyper-inflation before summer, users would easily be in the tens of millions of points and badges would have to be adjusted in price well into the billions to remain valuable." He said that this simply wouldn't be acceptable for any members with low-post counts or those members who have only just joined the forum.
"For them," he said, "the Harko-point reward system becomes this insurmountable monolith. Badges would be impossible to get and the entire incentivizing purpose of posting is undermined." AP has acquired an outline of the new economic policy and will be posting it in its entirety:
Wages
Wages now operate on the fortnight system. This means payout is every 14 days instead of every 7.
- 10 posts in a fortnight (henceforth: IAF) -- 50 Harkopoints
- 20 posts IAF -- 100 Harkopoints
- 30 posts IAF -- 150 Harkopoints
- 40 posts IAF -- 200 Harkopoints
- 50 posts IAF -- 350 Harkopoints
Daily Posting
- Daily post rewards have remained unchanged. You are still rewarded the normal amount for each individual post.
Bank Interest Rate
- Bank Interest Rate has been altered to 0.5%. This remains a daily interest rate.
Badge Prices
- Badge Prices have been significantly adjusted.
- Three new badges are to be introduced. The Duelist Badge, the Glunn Badge and the Pure Evil Badge.
Stock Market
- No changes to the Stock Market. Prices and payout remain as they were (ie in flux based on value of the stock).
These changes were made to keep the Harkopoint a competitive virtual currency elmerlot went on record to say. Experts have long been interested in the problem of inflation, with some experts suggesting that there is no solution. elmerlot assured AP reporters that it was just as easy as ever to build wealth under the new economic policies. "0.5% per day in the bank is still a significant gain for active members" elmerlot said. "4% per day was incredibly irresponsible" he added. He also noted that the stock market still existed, and that it was still a valuable way to attain wealth outside of posting. Before leaving he told reporters that the new system was just like the old one, "People are rewarded for posting on the Harkovast forum--that hasn't changed. The new policies just emphasize this."
Pictured Left to Right: Glunn Badge, Pure Evil Badge and Duelist Badge. All can be bought now!
