The wizard will have to thank you personally for such a profound gift (recorded)!

My humble recognition for you is:
- Promotion to L4: Novice
- A silver and copper coin from the year 1455, selected because of the rarity of the copper of that year (only 8 exist - and only 6 newer coppers than this exist in total)

I am very honoured to accept this generous gifts.
Thank you very much. I really appreciate it.

In returns, I give you first step to fully covered world map for our future century in new game interface: http://cryptokingdom.me/land
It looks pretty rudimentary for the moment, but will look like a shiny world very very soon

Please accept 20 shares of the LLC (from the Marquess).

I'm still quite behind in getting "caught up" in the game, but don't want to miss out on the giving.

Already 16 characters are attending my castle party (The Bicenterany of HM Reign). Since we only made 30 wine cups weighing 200 CKG (p.o.) each 100 years ago, only the first 30 ones will get such a cup. For the possible latecomers, a Gold Signet Ring (25 CKG, from 1549) will be given instead.

We are happy with the giving spirit of so many!

The first items selected to be raffled among the guests, are:

- 500 CKS large bowl
- 100 CKS small pitcher

The Hypothecary Bank reopens

The Hypothecary Bank business model is to borrow from the Town, the money that the Town has been borrowing from the markets as part of the Long Bond scheme. This gives the Bank possibility to lend the money to the markets at privileged rates. "Hypothecary" means that the only possible collateral accepted is land and buildings. Land and buildings will be accepted at 50% of HBLP (for land), reconstruction value (for buildings). Since the valuation is low and 2x safety margin is used, these loans should be risk-free.

We initially give the rate around 0.30% per day, depending on the amount (sweet spot is around 500 mil, larger increases risk and smaller increases hassle) and duration (3-6 months is good, again longer is risk and shorter is hassle).

It is possible to make leveraged bets on gold (or anything) with the money, it is only that the collateral must be land.

We are waiting with great interest when somebody makes a margined trading platform for gold. The recent happenings in the markets have already shown that the market is quite liquid, with larger moves quickly returned to the norm. In these conditions, a leveraged bet can thrive (in too illiquid ones it will just get knocked out always).

HBLP

Hypothecary Bank Land Price is a floor valuation for the land in the Town of CryptoTown. As we know, CryptoTown has 5-9 boroughs depending what version you use and how you count. However, the mortgageable land is only in Boroughs 1 (Old Town), 2 (New City), 3 (University) and 5 (San Pietro).

We deem that full boroughs, regardless of the quarrying status, are worth 10 mil/q.

All land zoned in lots with realistic street access, is worth 20 mil/q.

If the lot is small, connected, and opens to the south, price is 30 mil/q. Same if the lot is in a well-developed chapelry. If both, 40 mil/q. In 2-C and 5-C the land is 50 mil/q. Very prime locations will be appraised to maximum 100 mil/q in other boroughs than Old Town.

All land in 1-C is appraised to a minimum 200 mil/q
All land in 1-N, 1-W and 1-E is appraised to minimum 100 mil/q
All land in 1-S, 1-NW and 1-NE is appraised to minimum 75 mil/q
All land in 1-SW and 1-SE is appraised to minimum 50 mil/q

The collateral appraisal may be higher if the lot is well located and connected.

NewCorp is starting the "sell your Land for Cash" service

NewCorp is serving the Hypothecary Bank by offering to purchase any land with buildings. The offer is extended to all the characters as well. If you want to sell any of your lots, ask for a quote. It costs only 5 mil and if you want to accept it directly, the sum is refunded. If not, you will get to know what we were willing to purchase your lot for, which is valuable information. The appraisal may be asked for somebody else's lot as well. It will be based on the same parameters. We do not divulge the information outside but keep a database of appraisals as well as the reported actual prices.

The owners of NewCorp are Tavastia, Soul, HM, Thud and HH of NF.

Wild eyed at the dual announcement of the King's bicentennnial celebration and the arrival of the Wizard, Mooo returns home and takes a look at his possessions - what a change since he first arrived to Cryptotown. He finally picks one of the remaining coins he had had minted and hastens to join the procession welcoming the Wizard to town.

Mooo offers the Wizard a MO16000C gold coin (including the actual gold).

Horses are counted

We have 77 horses in the Town for human transport. They can be used either as Horse (1), 2-horse carriage or 4-horse carriage. Horses and the equipment are converted from IC as follows (prices in IC):

rough 20/50/100 (horse, 2-car, 4-car)
elaborate 50/100/200
most elaborate 100/200/500
very elaborate 200/500/1000.

HH of North Face owns the first carriage made and in use (1522). HE The Prince of OZ owns the most magnificent one (K10 overlaid with gold). HM The King owns the most carriages (3) and most horses total (11). The best horse belongs to HR (Her Rooness) Roopatra.

When the statistics are made, it strikingly becomes obvious who is relying on public transport and not taking the high rank seriously. Even though both the Noble Palace Club and the Town Hall Corp do charter, our Majesty considers it public decency for a Marquess to have a carriage, and all Earls shall definitely have a horse at minimum.

We don't know how you would get the IC necessary to "buy" the horses/carriages in case you need. The price should be around 300,000 m/IC, so an entry level vehicle would cost a modest 6 mil and the nicer things of life are in the range of 60-300 mil, if you manage to get enough AIC.
- We absolutely can keep our IC to ourselves, but will sell max 100 per char for the purpose of buying horse-related things at 400,000 m/IC

We repaired the Royal Palace at a cost of 547 mil, which is of course pretty steep for a building. But we remember it cost 900 mil to build, and have now some IC to be spent. The new lux is 250% (used to be 200%) except in the Throne Room 300% and some auxiliary spaces 0-50%.

This is very soon taking effect. We alter the rules somewhat and put the buildings in 3 categories, shown with breaks.

Once RWWC production starts, it will sell the windows at market price (lately: 500,000 WIRS) inF_OWN. The owners of these buildings may instead buy at the "normal price" of 140,000 WIRS. First the first category will be enabled, and it will be announced when 2nd and 3rd categories can also use the offer. The offer expires when announced.

It is possible that next Sunday we move to 1601. It is rumored that it makes sense to repair the buildings before that, just in case...

The King takes the opportunity to offer windows inF_OWN (maximum amounts are shown in the tab, please update the "remaining", note that the prices are below the previous offerers NF and Ramsey, buy as long as the supplies last, for use or for investment! ).

The Duke of North Face bids 425 mil for 2-C-B1, including buildings and workforce