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Cista2
Hydra Investment Fund
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Posted - 2010.07.07 08:12:00 -
[1]
Edited by: Cista2 on 07/07/2010 08:22:11
Have you got what it takes to be the king of the market? Find out now, join this exiting trade challenge and win 3 billion isk!
Base rules:
1) Participants must post on this thread the name of a NEW/UNTRAINED trade alt, the name of their normal MD character, and the FULL API of the untrained trade alt character. If you only have one account you still have to give the full API. You can enter more than one new trade character if you wish, itÆs free of charge.
2) You will start with 10,000 isk. When the race starts, every item on the regular market can be traded. Contracts are not allowed. Player donations, mission rewards and mining etc are not allowed.
This signup thread will be open for at least a week, then the race will start!
NOW LOOKING FOR: Jury members that are not participating in the hunt for prizes, but can use EMMA or similar. Your role is not to monitor, but only to judge on cheating, if and when someone is accused.
NOW LOOKING FOR: Prize donations! Cista will pay 2 bn isk to first prize. YOU can donate isk as well, I would like to have: a) 1 bn isk additional for 1st prize b) 1 bn isk for 2nd prize c) 500 mil isk for 3rd prize You can donate amounts as small as 100 mil, also if you are a participant, you can donate a small fee if you wish.
*Ghost* competitors: If you are tempted by the competition, but do not wish to share the api code for any of your accounts, you can sign up a ghost trader. I will do that myself! You can participate on the tracking board, but you will not be winning the cash prizes.
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Cista2
Hydra Investment Fund
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Posted - 2010.07.07 08:12:00 -
[2]
Edited by: Cista2 on 07/07/2010 08:14:29
Primary participants XXX
Ghost Participants Cista2
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Cista2
Hydra Investment Fund
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Posted - 2010.07.07 08:13:00 -
[3]
Edited by: Cista2 on 07/07/2010 08:46:40
Detailed rules
Launch: The competition will go ahead only if there are at least 20 trade alts signed up. If there are less, each signed up person (not each alt) will be paid 50 mil in compensation. To curb manipulation attempts, only persons that have previously contributed to MD can participate.
Each trade alt will start with 10,000 isk. After the initial amount of 10,000 isk is reached, there will be no more donations to the character.
The only income the character may have beyond 10,000 isk is from sales of items that the character himself has bought on the regular market. Contracts are not allowed. Player donations, mission rewards and mining etc are not allowed. Training your character, and purchase and use of skillbooks and ships and equipment for hauling is allowed, and such ships may also be resold after use. BORROWING ships is not allowed and will be a bannable offense!
End of competition: A tracking thread will remain open, and Cista2 will keep it updated. Participants are encouraged to post their progress and the progress of their rivals on the thread. The first player to announce 1 bn isk in wallet wins.
A jury of 3 will decide about disqualification during the competition. After the 1 bn is reached, and if there are accusations of foul play, there is a vote among all the competitors and the jury (each person has 1 vote) to accept the winner. Second and third prices (if any) will be paid when these competitors reach 1 bn, so the competition continues for those.
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Cista2
Hydra Investment Fund
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Posted - 2010.07.07 08:44:00 -
[4]
Originally by: Lexi Romanov Can I join?
Sure you can, but you need to post here with your forum main. |

Cista2
Hydra Investment Fund
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Posted - 2010.07.07 12:24:00 -
[5]
Edited by: Cista2 on 07/07/2010 12:25:00
Originally by: Samroski How about an industrial alt, who has 1.9m SP, but no trade skills?
Hmmmmm. I note that she can fly a badger, which I presume disqualifies her.
I guess one can always make a trial account, and then race for 2 weeks before deciding what to do.
If people are planning to do something like that just before the race starts, post here and I will put your name tentatively on the list of participants. If we get enough participants the competition should start one week from now.
----------------------- "Signatures" trader chatroom / Hydra Investment Fund |

Cista2
Hydra Investment Fund
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Posted - 2010.07.07 14:56:00 -
[6]
Edited by: Cista2 on 07/07/2010 14:56:50 ... ----------------------- "Signatures" trader chatroom / Hydra Investment Fund |

Cista2
Hydra Investment Fund
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Posted - 2010.07.07 18:49:00 -
[7]
Originally by: Samroski Count me in.
Cool, remember you can enter more than one char from your new account. ----------------------- "Signatures" trader chatroom / Hydra Investment Fund |

Cista2
Hydra Investment Fund
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Posted - 2010.07.08 09:11:00 -
[8]
Originally by: Krythas I'll donate 500mil for third prize - let me know when you'd like me to transfer the ISK to you.
Great! You can just keep the isk until the competition is well up and running - I hope you are alright with it going to first prize together with my own donation. ----------------------- "Signatures" trader chatroom / Hydra Investment Fund |

Cista2
Hydra Investment Fund
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Posted - 2010.07.10 06:23:00 -
[9]
Originally by: derdlim when does this start and when can i start train the character?
I haven't put down an exact date, since I wanted to see how many people were interested. But you guys of course need a date, so I will put the start date as the 20th now, so 10 days from now.
You can start training the moment the competition kicks off.
----------------------- "Signatures" trader chatroom / Hydra Investment Fund |

Cista2
Hydra Investment Fund
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Posted - 2010.07.10 06:36:00 -
[10]
Edited by: Cista2 on 10/07/2010 06:43:11
Originally by: Goram Azul Or, one could donate a large sum from an undeclared alt, "accidently" spend some of it, give back the remainder, and claim it was an opponent who was trying to disqualify you.
I think it is unlikely, when you are in competition mode and managing your new alt every day, that you would not notice a sizeable donation. And since everyone can see it, it would be risky business to try that trick. If you were trading with it before "accidentally" discovering it, your rivals will probably disqualify you. In other words, how would you treat such a case yourself?
Also, if someone gives your alt a sum of money, the rule will be that you give that isk to me (Cista2) and it will be added to the prize pool. So that money will be lost to whoever donated it.
Edit: if you made profit from the outside donation (before discovering it) you must cough up the profit as well. It's just a matter of handing over enough isk so that the rivals think you were not trying to cheat, then you should be ok. ----------------------- "Signatures" trader chatroom / Hydra Investment Fund |

Cista2
Hydra Investment Fund
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Posted - 2010.07.10 06:54:00 -
[11]
Originally by: Commander Ashik I can be a jury member if you need me too.
Please join the Signatures channel then, it will probably be used as meeting point / discussions when the competition launches. ----------------------- "Signatures" trader chatroom / Hydra Investment Fund |

Cista2
Hydra Investment Fund
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Posted - 2010.07.21 12:48:00 -
[12]
Originally by: Samroski Did we participants receive 50m each on cancellation?
Not automatically, but if you created a new character in order to participate, you are entitled to 50 mil as compensation for that. Just post the api of the character here. ----------------------- "Signatures" chatroom for traders / Hydra Investment Fund |

Cista2
Hydra Investment Fund
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Posted - 2010.07.21 20:41:00 -
[13]
Originally by: Samroski It is the intent to participate that should count
If you have not created a char, then I must say I am at a loss as to what it is you feel you need to be compensated for.
But fear not, I have already transferred 50 mil isk to your account. ----------------------- "Signatures" chatroom for traders / Hydra Investment Fund |

Cista2
Hydra Investment Fund
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Posted - 2010.07.21 22:22:00 -
[14]
Originally by: Childeric III
Originally by: Antiquarian
Originally by: Ji Sama I also intended to participate!
So did I!
And I!
And I! And I even registered! (in before pyramid snip) ----------------------- "Signatures" chatroom for traders / Hydra Investment Fund |
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