We love the idea to give some power to the Players, as a normal feature for a community-based project and a collective creation like Earthium.
That doesn’t mean that Earthium is in any way a democracy. We have the responsibility of taking the decisions, and of making this project a huge success.
But it’s cool to give some power to at least some of the Players anyway.
That’s why we decided to create a Players Parliament. Keep cool, we will not spend our time defending any decision in front of the Parliament, that’s not the deal.
But several players shared their concern about the risk to feel betrayed by a deep change of game design that a company or platform could decide by surprise, after the Players spent their money and time in the project.
These worries seemed legit, and so we built the Parliament to give an added layer of reassurance that this won’t happen in Earthium: The Parliament has a VETO RIGHT to any deep structural change of Game Design. We preach throughout this paper and in our corporate culture about values of listening, of community, or involvement – some say we are mad to give such powers to our players, we think it is madness to treat your most valuable asset (our users) with contempt.
The next question was: how to decide which Players would be part of the Parliament, as representatives of the community, and what would be the incentive for them to take this responsibility?
Let’s begin with the last question, the incentive.
Once again, like for love, words are cheap, and the object of your affection isn’t.
And so, we opted for a very, very strong symbol.
The Parliament members will receive AS MUCH REKK as the whole Team of Earthium. Period.
Each month, we count the number of REKK minted by all the Players by buying Tiles.
This is the budget to be distributed to all the Seats of the Parliament.
Huge, isn’t it? 😀
Let’s now speak about the composition of the Parliament.
As the Parliament Seats receive Cryptocurrency, and therefore money, for their involvement, it seemed logical to link the Seats to the money too. Logically, on such a Metaverse, where the first layer is made of buying Virtual Lands, the main proof of involvement in the community could be the amount spent in Earthium.
So, we designed the Parliament as made of two Chambers, the Early Chamber and the Late Chamber.
The Early Chamber is a way to thank the early supporters of Earthium, by offering them a lifelong monthly source of REKK. Let’s be clear: if the game succeeds, the returns here will be as multiples in the triple digits potentially.
There are 38 Seats, allocated to:
- the 20 first Players to pay 5k$ to get Rank 5 Seats
- the 10 first Players to pay 10k$ to get Rank 10 Seats
- the 5 first Players to pay 20k$ to get Rank 20 Seats
- the 2 first Players to pay 50k$ to get Rank 50 Seats
- and the first Player to pay 100k$ to get Rank 100 Seat.
Yes, these amounts can seem huge, but we speak of lifelong monthly source of income in REKK Cryptocurrency – if you read the article explaining the new concept of Reality-Backed Cryptocurrency, you will get the epiphany. 😉
As you can expect, the power offered by the Seats depend on their rank, and it’s not tied in a linear way to the Rank and money paid:
- Rank 5 Seats offer 1 Vote (so the 20 Players collectively have 20 Votes).
- Rank 10 Seats offer 3 Votes (so the 10 Players collectively have 30 Votes).
- Rank 20 Seats offer 8 Votes (so the 5 Players collectively have 40 Votes).
- Rank 50 Seats offer 25 Votes (so the 2 Players collectively have 50 Votes).
- Rank 100 Seat offer 60 Votes (so this Player has 60 Votes).
The total of Votes is then 200 Votes, with a distortion: the higher your rank, the more Votes you have. And these Votes are used to decide if the Parliament opposes its veto Right to the Earthium Team in case of deep structural changes of the Gameplay (the Parliament need a qualified vote of more than 80% to trigger a Veto).
And as you could expect, these Votes are also the key to the repartitioning of the monthly budget in REKK allocated to the Early Chamber, which is half of the Parliament budget.
So, to give an example, if in July 2021 there are 1 Million of Tiles sold in Earthium, creating 1 Million of REKK minted, the budget distributed to the Parliament for July will be 1M REKK. And therefore, 500k REKK for the Early Chamber, to be shared among all the current Parliament Members.
I think everybody now understands why we said that if Earthium is a success, we speak about Millionaires? 🙂
If the Early Chamber is conceived to thank the early supporters of the project, the Late Chamber uses different mechanics to thanks later Players strongly involved in the community.
The Late Chamber members also have 200 Votes together. And like for the Early Chamber, these Votes are used to decide if the Parliament opposes its veto Right to the Earthium Team in case of deep structural changes of the Gameplay AND are also the key to repartition of the monthly budget in REKK allocated to the Late Chamber, which is half of the Parliament budget.
The difference is about the Seats of the Late Chamber.
Anybody paying 100k$ gets a Rank 100 Seat. It’s independent from the time he/she enters the Late Chamber. From now to the end of Earthium – not before 100 years, see the Hourly Airdrops!
And the Votes are equally split between all the Late Chamber members (with fractions of Votes if the calculation doesn’t give an integer).
Let’s take the exact same example as above: if in July 2021 there are 1 Million of Tiles sold in Earthium, creating 1 Million of REKK minted, the budget distributed to the Parliament for July will be 1M REKK. And therefore, 500k REKK for the Late Chamber. And let’s say at this time there are only two members in the Late Chamber. That means each of them receive 250.000 REKK.
If the Late Chamber follows the laws of a perfect market, this should self-adjust, as more people enter the Late Chamber to benefit from this income. Let’s see it that works this way!
To be noted: the first Player to pay 100k$ to get Rank 100 Seat enters both the Early Chamber and the Late Chamber, where he/she is alone at first. That means at first 260 Votes on a total of 400 Votes for all the Parliament. 😀
One last thing, how Steve Jobs would say: you can resell a Seat. At first it will be a special deal to be validated by the Earthium Team. But in the long run, we will probably put it on the Blockchain. Sort of a NameCoin for millions of dollars of monthly income. Could be fun. 🙂
And one last last thing, because Steve is no more among us, and we have to get further:
- until the end of July 2021, there is a special offer: if you pay for a Seat in the Parliament, you get also the same amount in Credits to buy Properties.
- we will decide at the end of July if we reduce the proportion of Credits received, or totally suspend the special offer.
Once in a lifetime opportunity folks, and don’t worry about complexity, we are around on Social Media to assist in the early weeks of the game. And we already have the 3 first members ready to enter the Parliament since the beginning of May, before having started to promote Earthium so if you’re in to being a virtual parliamentarian, now’s the time to dust off your checkbook (do people still have checkbooks?).