The Earl of Stonehaven, having made a full recovery from his wound sustained at the start of the short war against Sweden, has decided to go back to Cryptotown in time time for the Jubilee.
The Earl's staff will continue the preparations, on the camp building, and the mapping of the countryside, still hoping to find things of interest. Special care will be taken when moving in the eastern part of the county, where small scale violence has been reported. The troops are instructed to organize small scale operations to break any armed group if located by a patrol, subject to HRH Zechariah's decision.

Palazzo Gaming Corporation IPO

Palazzo Gaming Corp. is offering its games currently in here. It seeks to be the first and most functional actual Casino in the Kingdom by the following plan:

- Having big enough bankroll (5,000 mil) and actively expanding it.
- Rigorous statistical maxbet/maxwin management
- Rental agreement with Casino Cryptonite (kronicblazer, M of Grass) provides landing page visibility.
- King as the game designer, who already designed the "Three Kings" game with 100x maxwin and other features, which has become popular among early adopters.
- Noms, M of White Cross as the CEO, software developer and operator.
- Integration with the fabric of society, good corporate citizen, innovation.


The corporation organizes an IPO

10,000 shares will be issued in total, in 2 categories as follows:

5,000 shares - Founders, core team, contributors of various kinds

These shares will be awarded against non-monetary contributions to the Founder of the Company (M of White Cross), the operating team, and other contributors (King for game design and organising help, and kronicblazer for giving a sweet rental contract for Casino Cryptonite come to mind, but there may be others).
- In negotiation between parties, King has accepted 1,500 shares from the founder quota, including the following past, present and future responsibilities: new game design, corporate planning, statistics and bankroll management (high level)

5,000 shares - Provision of Bankroll

The company seeks to raise 5,000 mil worth of bankroll, but since it is difficult to value the company in terms of money (more money makes it more valuable because it will attract higher rollers), and the founders want to have a fixed percentage share, and the bankroll should actually be denominated in CKG instead of XMR (for fun, and to allow easier ingame liquidity of high amounts - there is 10+ times more CKG value in the game than XMR value) the following novel approach is taken:

- Use command GIVE item_id amount PGC for items containing CKG
- The IPO period ends at the end of 1624
- There is a time bonus of 0.5% per day (realhour), making ~32% maximum bonus possible for those who act early!
- When the period has ended, each give is evaluated for their (CKG content * time bonus)
- 5,000 shares is prorated to the givers (givers' individual gives summed first)
- You can see the situation of the IPO (how much gold has been accumulated) here.
- Be mindful that regardless how large or small the sumtotal is, the Investor quota is still exactly 5,000 shares, they are just worth more if more was invested!


First actions of the new company

- Convert the King's existing plan of minting CT1625 Jubilee copper tokens convertible to gold at a fixed rate, so that they are the Casino Tokens instead!
- 40,000*CT1625 will be minted in the Royal Mint (for the part over 7,000, cost of copper only), and 100 casino tokens will be promised to be exchangeable for 1*CR1625E (5 CKG gold coin). This will make one casino token to be 1/20 of 1 CKG, and valued at ~40,000 m. It will be the basic unit of bet in most games, valued at $0.02. Hobby playing may be offered for even lower bets denominated in moneretos. High roller tables will be directly denominated in gold, for example CR1625E that is 100x the basic bet.
   * King buys 5,000 casino tokens at 50*CR1625E to be used in Jubilee giveaways and other schemes
   * 10,000 casino tokens are given to shareholders as dividend, 1/share
   * 10,000 casino tokens are for sale at market price
   * 15,000 casino tokens are left to be distributed as eventual winnings, and big wins may be paid as CR1625E as well.

- King mints all the gold in the destroyed Roof of Royal Palace to CR1625E's (1,340 coins), to provide a large enough stash of this type of coin (that is also historical due to its gold being early Most Ancient from 1402-1444)
- All the Palazzo corp IPO gold is swapped for the CR1625E gold, CKG for CKG at no markup (unless there is more gold than CR1625E exist).

- Games will be hosted reliably and security check done
- Provably fair gaming is in development and will come "soon"
- In dice-type games, we aim to beat IRL casinos with our 2-3% house edge
- In Three Kings, you can win 100x and many other things, house edge is 4.8%
- Sir Noms initial m balance will be withdrawn, only the CKG raised will count towards the capital of the company.


"Poison Pill" IPO clause, to give confidence to investors and keep founders at bay

In this kind of setting where a money-intensive business is organized with all the money being supported by the group owning only 50%, it means that the P/B = 2 (share price is twice the "money in the bank"). This may hinder some from investing because half of their money may vaporize into air if the management and plans prove ineffective (selling shares at higher than the book value may prove impossible).

Therefore, for the first 15 years, the company is bound to redeem the shares in the Investor quota at the owner's discretion, and do it at the following markup to the (current) book value:
In 1625 = 75%
In 1626 = 70%
In 1627 = 65%
...
In 1639 = 5%

Shares in the Founder's quota during this time (of course) do not get this privilege. Starting in 1640, all shares are fungible. The Poison Pill clause protects the investors by giving them a way to force the company to cashout at only a modest loss to the investor, if the company is doing badly and the aftermarket does not develop. Somewhat similar to the MEW "HELL NO".


King's initial announcement regarding the sale

We will invest 500 CKG at our earliest convenience and more depending on conditions.

I was already a follower and re-followed now on @TDLaajala
I think there should be an extra reward for people who were following even before incentives!

If you re-enroll, you will get the gold coin. BUT if you stay with the original sign-up, you will get something better.

So does Syksy have a time machine?

I would argue that since I only did a double-click on the unfollow/follow button which happens within an epsilon time window (epsilon being an arbitrarily small number, as I am known for quick clicking), this would count as both being follower all along and/or being a new follower, depending on the precision of time we use here. We're dealing with Schrödinger's Twitter here - Syksy both being a new follower as well as an established long-time follower simultaneously! I'm also the only person who has posted on CK reddit in addition to Crich, so I plead mercy of the interpretation on my case ;(

Riddick and I invested 7000 CKG! Try and win our gold!

Dear all,



Link for a high resolution bitmap (.PNG with transparent background, 450dpi): https://i.imgur.com/t1dcToQ.jpg
Link for a medium resolution bitmap (.PNG with transparent background, 150dpi): https://i.imgur.com/5oRF8Ri.png
Link to raw Inkscape workspace (.SVG) with only tracing: http://hydra-media.cursecdn.com/cryptokingdom.gamepedia.com/c/cf/CK_Logo_workspace1.svg
Link to raw Inkscape workspace (.SVG) with colored tracing but with solid colors: http://hydra-media.cursecdn.com/cryptokingdom.gamepedia.com/d/df/CK_Logo_workspace2.svg
Link to the final Inkscape workspace (.SVG), heavy with filtering, gradients and transparency to finalize it: http://hydra-media.cursecdn.com/cryptokingdom.gamepedia.com/b/b6/CK_Logo_workspace_final.svg

It is naturally open and free to use for anybody; also open for criticism and improvement suggestions. I used some open license photos as inspiration and traced and modified them for the logo (made sure they had a license open for both free and commercial sure), and built a logo of my liking in Inkscape. Inkscape's a free open-source vector graphics program that I highly suggest for anybody (https://inkscape.org/).

The obvious focus is on the crown; the source of inspiration is actually originally a Romanian crown made of steel from the 1800s, but I really liked it and added a touch of my own; the original crown looked like (https://en.wikipedia.org/wiki/Steel_Crown_of_Romania):




The dove symbolizes peace and development. The laurel symbolizes ceasarean nobility and prosperity. The banner has a purple noble glow to the ornamental capital letters as per Crypto Kingdom's color customs.

The crown itself has a hat part made of finest purple silk in existence, naturally. The main metallic frame is decorated with gold, imbued with other noble metals to give also a more reddish glow. The upper part is decorated with a large amount of finest pearls, that flicker beautifully if light hits them. The top has a golden globe with a cross on the top.



Here's the overall workflow, starting with how it looked when tracing:


Time to add some colors! Still not very lively, but now it's starting to form its self:


After colors, it's time to make it more lively with gradients and filters. This part is where my computer started really clogging up with multiple simultaneous filters on the crown...


Voilá! You can open the same workspace in Inkscape (.SVG).


The logo is already at use in our Wiki at http://cryptokingdom.gamepedia.com and that's where I also uploaded the .SVGs.
Feel free to use it wherever you want.

These shares have been allocated for the following contributions:

2,800 shares Sir Noms of White Cross, idea, CEO, tech development
1,500 shares HM The King, game design, financial controller
250 shares Sir kronicblazer, rent of Casino Cryptonight marketing space, inspiration
250 shares Town, hosting of domains, PJ integration flat fee
200 shares HH Sirjacket miscellaneous services


Currently a tad more than 20,000 CKG has been given making one share = about 5 CKG (the exact conversion rate is different for all due to timebonus). We are satisfied with the current bankroll that enables medium-high maximums (current highcard maximum bet according to Kelly formula is 1,500 CKG and in Three Kings it is 80 CKG). If you give more gold to get more shares, please give a large enough sum of one item to avoid conversion loss. (The loss is not floor(), it also rounds up, but just saying..)


The token and CR1625E amounts will have to be increased New plans will be published when the IPO is over in 16 days.

18 spoilings are done (14 of 50% and 4 of 25%), and only 2 tickets remain! We have 2 prizes left, a carriage and a real estate gift card worth 500 mil!

Best Prizes Still Remaining

2 tickets (RAF-1) remaining; each ticket has a 75% chance to stay till next month (realday). When 1 spoils, the remaining one wins the Grand Prize.

1 * Fourth Prize: Any Real Estate up to the value of 100,000,000 m (to the 4th last ticket; gift of HRH Zechariah)
1 * Third Prize: 1-SE-V76 Korean Restaurant (1518) (to the 3rd last ticket; gift of Prince of Soul)
1 * Second Prize: TRC4-19 Most Elab 4-Horse Carriage (to the 2nd last ticket; gift of M of White Cross)
1 * Grand Prize: Any Real Estate up to the value of 500,000,000 m (in the whole game, you pick, King pays  )[/b]

Because 2 tickets from different owners spoiled at the same time, the seniority of the prizes is decided by Noms' High Card. This rule now takes effect, I am eager to hear the arrangements accepted by both parties before the draw is arranged.

For convenience, 12 realhours is given from the winning of the real estate, to tell the King which one to buy and award.