My Future Plans 2017 Edition

Just shooting and mining in Entropia Universe is fun, but what I find unique is the unlimited opportunities and choices you have. So why limit yourself just as hunter or miner. And what you can’t find in another game is that you can choose and develop your own small business inside this universe. Even if you don’t make much profit you will learn a lot about real life business. Like with demo Forex account you can learn trading here you can learn how to run small business. One way to describe Entropia Universe is “Business Simulator” with little shooting and mining from time to time.

So my long term goals are to run different businesses inside Entropia Universe. I am waiting for MindArk to release more Land Plots so I can buy 2 by the end of 2017. Also I am hoping for at least 1 more choice beside the garden, so I can make 1 garden and 1 factory or something. MA said there will be also possibility to make the big land plots like a shop, but I guess it will be better to just buy a shop.

And indeed after I manage to get my hands on 2 big land plots I will buy 2-3 shops. So far I have ideas for 3-4 shops, but this time I won’t make it like my last shops where I was selling everything I have. I will make them specialized shops with only 1 type of items in every shop. The focus will not be on the profit, but to make shops look good and make people come regularly and buy stuff. If you see my previous years future plans you will see that I was planning to have shops by now, but MA introduced Land Plots and now I am saving for 2. If I buy shops now I won’t have enough resources to get 2 big Land Plots.

The next big step for me will be getting my hands on land area on some planet. LAs are very expensive and I will probably have to wait few years to achieve that goal but it will happen someday.

In addition to all this I am thinking of some kind of business like real estate trading. It is not the same as real life because you don’t actually need to sleep in Entropia Universe and it is harder to make people to buy a home or a shop, but other than that real life principles of supply and demand apply. I am also considering a place where people will pay just to hangout and running some kind of investment fund like Toni Chiee Lahderinne , Divinity Deth Undefined and Sir Matt Copping , but this will be too much work so I prefer to do all business with just my money for now.

And as always there are plans for better YouTube channel but here the only resource that is limiting me is the free time. It seems you can buy the latest NVIDIA graphic card but you can’t buy free time. So this plan is postponed for another 2 to 4 years.

My short term plans are simple. I will go to Planet Arkadia to upgrade my Viceroy Armor. Also I will do some mining and try the new instances if they are not bugged. It seems Planet Arkadia is doing very well from all planet partners, but I am not a big fan of the military theme they are going for.

What is getting my attention is Planet Cyrene with the different factions, world events, inverted pyramids, skylab and probably the best models in the game. I was angry at them for not launching for 6 years. It takes 4-5 years to make a game, but here you have the code, you are just making the models and design some missions, you are not making the game engine. But after a year of meditation I decided to forgive them and go play on Cyrene even if they are not showing signs to be alive. In the end the more people play there the faster the planet will grow and this is what I want. Just for now I am not going to invest in estates there until the promised hard launch at least. I will just play for the fun.

Return of the Virtual Trader posted on January 08, 2013

Return of the Virtual Trader 2 posted on February 05, 2014

AxeMurderer Import – Taking over the galaxy posted on April 14, 2014

Cyrene Developer Insights : Booths

Hello everyone,

We've now come to the time where we will talk about the things that will be up and coming in the next Cyrene PP VU. Please keep in mind that everything that I will talk about here is preliminary and can still be changed to varying degrees. That being said, this post will focus on: Booths.

Since Planet Cyrene's first initial launch in the Entropia Universe and the first loots were being discovered, players have wanted to have a way to sell items outside the auction on Cyrene. While booths have been in Janus, and now at the 0x101 Supply Depot for some time, they haven't been able to be used for players.

Initially it was intended to be part of our Hard Launch, however, due to various setbacks Hard Launch has not yet come to Cyrene. So here we've been thinking about the best way to get the booths out and into the hands of the players who would actively maintain them, stocked with goods at a fair price. Normally, booths are traditionally sold in the auction and then player owned, which can then be past from player to player. We wanted to take a different approach.

So the 6 booths that we currently have will be distributed in the following ways. Please note that all the booths are the same look and item level so the numbers are arbitrary and only used to differentiate between them.

1 - Cyrene Citizen

2- Player Recommendation

3 - Scavenger Hunt (Developer Lead)

4 - Event HoF Hunting (Cyrene Mob)

5 - Event HoF Mining (Cyrene Ore / Enmatter)

6 - Event HoF Crafting (Cyrene Blueprint)

All the booths come with the following caveats:

1) No booth will be owned, it will be earned on a quarterly basis through these events.

2) If the booth owner keeps their shop active and upkeep maintained, we may allow the continued ownership of that booth for additional time (in quarterly increments).

We feel this is a way to reward active players for their continued pioneering efforts on Cyrene.

Regards,
Kris

The Business Part of Entropia Universe

For the last 5 years and 6 days I was thinking what successful business to start in Entropia Universe. But watching how real life successful people started 10 businesses and 9 of them failed before they become rich with the 10 crazy business idea made me think different. And yesterday I was watching on the discovery channel a show called Dirty Jobs or something. Some people were making over $100 per day collecting worms from the ground. Others were making over $1000 collecting mushrooms in the forest after the rain. Some hunted crocodiles and one made trap in the river for European eel and sold it for $60 per peace.

Entropia Universe means different things to different people but for me it is business platform where you are limited only by your imagination. And the next 5 years I will try to start and run all kind of business in Entropia Universe without thinking if it is going to make me profit or not, until I find one or more that will make me rich. With the ultimate goal to be able to quit my real life job in 5 years or less. This goal is harder now with kids, but I believe it can be done. Then I have 2 real life crazy business ideas that will not make much money in the beginning but will need no more than 20-30 hours work per week combined.

So from now this blog will remain for hunting, mining, crafting and general stuff and I will make new one just for the business part of Entropia Universe and my road to success. And another one for my first business.

Advertise your Entropia Universe Event or Service

If you wonder how to get more participants in your event wonder no more. For a small fee you will get post on this blog with the rules of your event, dates, pictures, video, loot summary of the hunt/mining run and my experience doing it. And the money you spent will probably get back to you as I will play in your event.

Also if you have a shop or some other business in Entropia Universe use this opportunity to get more customers.

This is the most active and popular blog you will find on the internet and I have plans for future improvements as I have more time and money to spend on it until the day I quit my job and focus only on the blog and the game.

My avatar is Wand AxeMurderer Silva.
You can also contact me on my email: axemurderer77@gmail.com

AxeMurderer Import – Taking over the galaxy

I have a grand plan to take over the galaxy in the next 2-3 years. Now I have just one shop on Calypso, but my plan is to get one shop for every planet in Entropia Universe and make every shop sell goods from just one planet. Now I have one shop where I sell goods from Calypso. My next step will be to buy shop and stock it with items only from planet Arkadia - since it looks like the second biggest economy after planet Calypso. My third shop will probably sell only gear from planet Rocktropia, I know there are some crafters. Next in line will be planet Cyrene shop, and then planet Toulan shop. And when new planet is introduced I will buy another shop and fill it with goods from that planet.

To fill the shops with good crafted items I will try to work with 2 crafters from every planet. At the beginning I won’t be able to give any collateral to the crafters for their items, so they will have to just give me the items and get their PEDs when the item is sold and I will keep 1-2 PEDs from the profit. They will give me the items when I visit their home planet or when they visit Calypso.

So if you are crafting non-Calypsian goods and like my terms message me to work together. It will be more work than just selling your crafted goods on the auction, but it will be more fun and hopefully more profitable. I think that working with only 2 crafters from every planet is good idea. More and I will be doing too much work and there is chance that different crafters will craft same items. Just 1 and if he is not active enough shop will be empty.

This is my idea for now; it will be improved with time. If I can buy new shop every 6 months and then slowly fill it with items the next 3 months I think 3 years will be enough to achieve my goal.

Return of the Virtual Trader 2

I think I forgot to mention it on my blog, but I bought a shop again. If you read the post Return of the Virtual Trader I made a year ago you will see my plan was to get enough CLD and then buy a shop. Well I think I have enough CLD now and I bought a shop. I had 2 shops in Emerald Lake Mall and sold them when CLD were introduced. I used the money to buy CLD until they were cheap and now traded few of them for a shop in New Oxford Mall.

Owning shop in Entropia Universe won’t make you rich, but it transforms your useless loot to something you are happy to place in your shop. Next time you loot that oil or hide with 101% MU you know you have purpose for it. It sure is expensive toy, but then again people in Star Citizen paid 15 000 USD for few ships in non RCE game, paying 1 000 USD for a shop in RCE universe sound like a deal.

If you ever get bored from the game, buy a shop. It brings another level of fun and transforms the game for you. Buy it only if you can afford it, not as an investment. If you are looking for profit, buy CLD. The negative side of owning a shop is that from time to time you have to go back to that planet. You can’t have a shop on Rocktropia and play on Arkadia. And this again is 2 sided coin. You can look at it as you are forced to fly back to the planet where your shop is and spent 5-10 PED flying or you can look at it as something to give reason to fly into space.

My shop is not yet complete so you get no pictures for now. But stay tuned for more info. And I’m also thinking of buying another shop, may be after a year.

Return of the Virtual Trader

I have few things on my mind and I’m not sure how to start. In this post and may be few more I will talk about my future plans in Entropia Universe, Calypso Land Deeds and the risk of buying them, Shops, Trading and reselling in Twin Peaks and may be some other stuff.

Some of you may know that I had 2 shops on Planet Calypso in Emerald Lake Mall with more than 500 item points. I was selling a lot of items from Calypso and Rocktropia. I was selling my items and items for other people with small profit for me. Then in November 2011 MindArk announced that they will start selling deeds from Planet Calypso with 27% to 30% ROI and I realized that this is better investment than a shop. With shop you must work a lot for smaller profit. So I sold my shops even with big loss in the price to buy as much CLD (Calypso Land Deeds) as I can. The problem is that soon I started missing my shops. Once you owned a shop then just hunting, mining and crafting is just not enough for you. Entropia Universe is RCE (Real Cash Economy) game and thinking how to make money and making them is half (or even more) the fun. You can’t just go with your big wallet and hunt all day and have fun all the time. And with a shop you can sell most of the loot with low MU for 1-2 PED profit instead of selling it all to the trade terminal and feel bad that your loot doesn’t have MU.

So I started making a plan for the next few years. First I needed to get enough CLD so I can reinvest the income from them in shops and enough items and resources to be able to trade without depositing every week and still be able to hunt and mine when I want. I think I will get to that point with my next deposit. But all that money into CLD is risky. If something bad happens to the game CLD have 0 TT value and I won’t be able to withdraw any money. So my next move is going to be buying a shop and then buying with the revenue from the CLDs items and resources equivalent to the price I paid for all my CLDs. In case game goes dead I will withdraw the money I deposited and move on. I don’t believe this will happen, but better safe than sorry. This will also give me shitload of items and resources to trade with and play big.

Speaking of playing big, recently I read the Trading log of Igor Babaroga1x. His goal is to make 60 000 PEDs with just 500 PED as starting investment. Later this year I will have a lot more free PEDs in my PEDcard and I will probably by my avatar cool looking clothes and start buying resources for my shops in Twin Peaks. I want to have one big shop just for ores and energy and then one shop for guns and armors and then another for mindforce. The problem here is that there are two words for people buying and selling in Entropia Universe. The first is TRADER – if they call you trader they like you and respect you. The other word for doing the same is RESELLER – if they call you reseller they hate you and wish your computer to die from nasty computer virus. So if I invest only will CLDs I will make more profit and everybody will like me and if I start trading in Twin Peaks I will make less profit, work hours daily buying resources and risk to be hated. Anyway I will probably give it a try and start trading log. Now there are tons of hunting and mining logs and just one for trading.

Something else that may slow my plans is the big sale from MindArk in the end of January 2013. If it is something really good and I can afford it I will put my PEDs there instead of more CLDs, shop and items.

Buy part of a shop on Planet Calypso and start your own virtual business today

After long market research, countless hours thinking how to boost the Calypso Economy and make profit in the same time. Trading Player to Player, selling in shops and auction this is the idea that will change your life forever.
This will allow every player in the game to own his own small shop and sell whatever he wants for whatever price he wants without the risk that item may not sell and loose the auction tax.
This will bring fresh blood to shops and make malls full with goods and not empty waiting for insane price to sell.
I am selling item points in my shops in Emerald Lakes Mall on Planet Calypso for 200 PED each. When you want to place item for sale you will give it to me, I will give you the TT value in PEDs, I will place it for sale for the price you want and when it is sold I will give you the full profit.
Start your virtual business with just 20 USD or even for free.

SERVICE  TEMPORARILY  STOPPED

What’s good about this:
-You can become shop owner with as low as 200 PED.
-Buyback: If you want to sell it back to me I will buy it for 200 PED - 1 PED for every month you used it.
Example: If you sell it back to me after 1 month I will buy it for 199 PED. If you sell it after 1 year I will buy it for 188 PED.
-You can also rent spots in my shops for 1 PED per month and start selling there with no fees.
-For the rent you can pay in sweat - 300 sweat per month - great for non depositors.
-No more expensive fees for the auction house.
-No more tax if your item doesn’t sell.
-No more wasting time looking for buyer.
-You can even sell your sweat or fruits, stones and dung in shop for just 200 PED.
-Shops are in mall which means close to teleporter and other shops.
-Let’s say 10 people sell in the shop with you. That means that people that come to buy the goods of 9 other sellers/crafters will also look and eventually buy your stuff. Also 9 other people will advertize your selling place. Goods will change faster and people will return regularly.
-You can even be on another planet and when you visit Calypso you can place your items in the shop and get your profit and restock it on your next visit.
-If you buy 5 spots you can give me 10 items and I will restock them when something is sold. Very useful if you are on another planet.
-The space will open new opportunities for traders. Don’t wait. Start selling in shop today.
-You can buy 6 spots and place shopkeeper and sell 20 different item for the same price of 1200 PED.
-You can even buy only 1 spot for 200 PED and place shopkeeper there, but use only 15 spots in it.
-This applies only to inside spots.
-You can manage your items even without loging into the game by contacting me on skype: axemurderer7

EXAMPLE 1:
Start selling with no depositing:
You start playing the game. You collect 1300 bottles of sweat for few hours which is completely free. You pay 300 bottles rent for 1 month for 1 spot in my shop. I place your sweat and you are free to continue collecting sweat instead of spending hours and days trying to sell it. You can progress faster in the game and get rid of the boring search for buyer. When you collect more you can add it to the same spot or rent few more spots.

EXAMPLE 2:
Start selling with 2 PED:
Every month I sell few Rocktropian CDs with profit 1 PED from 1 CD. With 1 PED you can buy 100 CDs for 0.01 PED each, rent 1 spot for 1 PED and start selling the CDs for 1.01 PED each. Use the profit to buy more goods.

EXAMPLE 3:
You are crafter and you sell 5 guns every month on the auction for 120-130%. Selling in shop you save a lot of PEDs not paying the auction fee. And you get additional information on the sales in the shop.

EXAMPLE 4:
You own the crafted laser pistol Karma Killer Tier 1 with TT value 99 PED and weekly mark up of TT+328. If you sell it on the auction for TT+328 PED you will have to pay auction fee of 14.57 PED and loose between 0.50 PED and 14.57 PED (depends from what was your starting bid) fee if it doesn't sell within 7 days.

If you sell it in shop for TT+328 you will pay tax less then 7 PED. This way you save 7-8 PEDs and don't loose anything if no one buys it.

Consideration Before Buying a Shop in Entropia Universe

In Entropia Universe you can make money in different ways. The most obvious ways are with hunting, mining or crafting. Also there is possibility to apply paint or texture over items and make money that way. You can make haircuts or body and face improvements and get paid for it. You can also trade directly person to person, which requires a lot of work and time, but almost no starting funds. To make money with less work you need to buy shop or land area, which requires a lot of initial investment. Also there are more known ways to make profit in Entropia Universe, and some that are not yet discovered and I will make another blog post about them soon.

In this post I will focus on the consideration before buying a shop in Entropia Universe. How to know what price is good to pay and where is good to have shop and where you will only use your shop as a storage.

First thing you have to cinsider is the planet you want to byu a shop. You must look for the best looking planet, but for making profit more important is the population on the planet. If you want to have custumers to byu your stuff, get a shop on the planet with the biggest player base. At the moment that planet is Calypso. Planet Arkadia and Planet Cyrene will be great planets, but they will need months or even years to get the population and economy that Calypso has now.

On every Planet there are diferent places for shops. On Calypso there are 3 Malls + Deer Mall + a lot of shops in the first floors of the residential towers. Shoping in shops in those residential buildings is hard. Teleporter is far away. They all look the same and it's like walking in a maze. You don't know wich tower you visited or which part of the tower or which shop. You can find cheap shop here, but sometimes prices are high as in the malls.

Then you have the Deer Mall. The teleporter is at bigger distance than the teleporters in the other malls. Also there is no Auction room with storage and other terminals.

With the release of Planet Arkadia, many started to sell their Calypso shops cheap hoping to buy good shop  on Arkaida. That droped the price of shops on Calypso. But they forget that on Arkadia there aren't enought buyers. Shop owners wont be able to sell enougth to make it worthed. The shops in the begining will be expensive, hard to find for custumers and with not enought item points.

Now its the best time to buy sho on Calypso cheap. You can byu 120 item points shop for 10k PED in Emerald Lake Mall. That mean maximum custumers you can get in the game naw and for the next year or two. Close to the teleporter. And for less then half the price you will pay for smaller shop in some other mall on Calypso, Medusa Head or Planet Arkadia.

Here are some of the offers in the auction house for shops:

As you can see at the moment sellers want more PED for their shops than the buyers are willing to pay. Of course from time to time there is someone that is selling his shop cheap or that is willing to pay double of what the shop really costs.

31.01.2011-Twin Peaks Mall Shop, Floor 2 #5 L - SB: 22 590, BO: 22 590, Bids: 0
02.03.2011-Deer Mall Floor 1, Shop 7 - SB: 7 500, BO: 9 500, Bids: 0
04.04.2011-Omegaton City Delta Block B, Shop #2 - SB: 7 000, BO: 8 000, Bids: 0
07.04.2011-Port Atlantis Mall Shop, Floor 3 # 4 L - SB: 15 000, BO: 16 000, Bids: 0
10.04.2011-Twin Peaks Mall Shop, Floor 2 #5 L - SB: 20 000, BO: 20 000, Bids: 0
11.04.2011-Emerald Lakes Mall Shop, Floor 1 #7 S - SB: 13 000, BO: 13 000, Bids: 0
14.04.2011-Club Neverdie Shop # 8 - SB: 3 200, BO: 7 000, Bids: 0
15.04.2011-Omegaton City Delta Block A, Shop #4 - SB: 5 000, BO: 8 000, Bids: 0
15.04.2011-Emerald Lakes Mall Shop, Floor 1 #7 S - SB: 12 000, BO: 12 000, Bids: 0 (again)
26.04.2011-Emerald Lakes Mall Shop, Floor 1 #7 S - SB: 11 000, BO: 11 000, Bids: 0 (again x 2)
04.05.2011-Emerald Lakes Mall Shop, Floor 1 #7 S - SB: 10 000, BO: 10 000, Bids: 0 (again x 3)
04.05.2011-Twin Peaks Mall Shop, Floor 1 #7 S - SB: 10 000, BO: 12 000, Bids: 2
04.05.2011-Club Neverdie Shop # 8 - SB: 2 700, BO: 4 000, Bids: 0 (again)
24.06.2011-Port Atlantis Mall Shop, Floor 1 #14 L - SB: -, BO: 22 000, Bids: 0
24.06.2011-Port Atlantis Mall Shop, Floor 2 #4 L - SB: -, BO: 18 000, Bids: 0