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Publishing articles is one of the easiest ways to make money in CoinRepublik. Everytime a player reads one of your articles you will receive $0.01 for international articles and 0.01 for local articles. Also every vote will bring you 0.05 . Not only articles writers are rewarded but also commenters that will receive $0.01 per comment vote (international articles) and 0.01 per vote (local articles). All you have to do is write original content that pass the moderators minimum quality rules. Only articles related to CoinRepublik ecosystem are eligible. All payments are made by Game Fund or State Budgets   ...more


  


 
 
Place your bets please
Posted by 16 days ago


After margin markets, options and financial bets we are proud to introduce a new feature called non-financial bets. "What ? Another type of bet ?". Yes. Another type of bet on top of the other types of bets.

Non-financial bets do not refer to the price of an external asset and are not limited to the financial market. They can be sports, political bets or any other type of bet that involves a real world event that will take place in the future, such as the result of a football match, the result of an election, etc. There are no restrictions on the subject of the bet. Also those bets are not always managed by the system. The person who places a bet can decide for himself how the bet will end, can designate another player to do it or can designate the CoinRepublik team to decide how a bet will end. For more details visit the betting area.

Launching a bet requires, as in the case of financial bets, a collateral that will be used to pay the players in case you loose the bet. Because bets are placed on events outside the game where the system has no data, how the bet ends falls to the person designated to end it. Ending a bet basically means choosing the winning option. Once the winning option was choosed, yhe payment of the players is made automatically by the system. As in the case of financial bets, we will give a concrete example:

1. Let's say you have at least $ 10 and you think that in the next 30 days Israel will attack the Gaza Strip with missiles (it happens often). For this you launch a bet that contains two options, one in which the Gaza Strip is attacked by missiles and another in which the Gaza Strip is not and you designate the CoinRepublik team to decide which option is the winner. You also specify that the team's decision will be made based on the news presented by www.cnn.com. For the option in which the Gaza Strip is attacked, you set a quota of 1.1 and for the option in which the Gaza Strip is not attacked, you set a quota of 1.5.

2. A player considers that the Gaza Strip will be attacked and bets $10 per option. Another player considers the opposite and bets $5 on the option where there will be no attack.

3. After 10 days, the Gaza Strip is attacked by Israel, and the team ends the bet with option 1 as the winner. The player who bet on variant 1 will receive $11 (1.1 x $ 10) back, the one who bet on variant 2 will lose the investment and the initiate of the bet will pay $ 1 to the one who bet on the first version but will receive $5 from the one who lost the bet. In total the initiator will receive back $14 ($10 initial guarantee, $5 from option 2 and will pay $1 to option 1).

4. If after 30 days, www.cnn.com does not present any news regarding a potential attack, then the team will establish option 2 as the winner. In this case, the one who bet $10 will lose the money, and the one who bet $5 will receive back $7.5 (1.5 x $ 5), and the initiator of the bet will receive a total of $17.5 ($ 10 initial guarantee, $10 from the loser and will pay $ 2.5 to winner)

As can be seen in both situations, the initiator has a profit. Unlike financial bets or options in classic bets both parties can make a profit and depending on the odds and the number of bets attracted by the options, the initiator can be the winner in any possible situation. Setting odds is the most important thing when placing a bet.

It's time to place your first bet.
 

 

 

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Transactions in derivatives based on foreign exchange rates or the prices of precious metals, commodities or equity indices products carry a high degree of risk. Any transaction involving these products is exposed to, among other things, changes in a country's economic condition or political climate as well as acts of nature or terrorism - each of which may substantially affect the price or availability of the these derivatives. Speculative trading in derivate products is a challenging prospect with a high level of risk. You must therefore carefully consider your investment objectives, level of experience and appetite for such risk prior to trading these products. Most importantly, do not invest money that you are not in a position to lose. In addition, trading on a margin basis means that any market movement will have a magnified effect on your deposited funds. This can work against you as well as for you. The possibility exists that you could sustain a total loss of all the funds you have deposited. PipsTycoon's trading system is designed to automatically liquidate all open positions if your margin deposit is in jeopardy so that you cannot lose more than the funds you have on deposit in your account. We encourage you to employ such risk-reducing strategies as 'stop-loss' or 'stop-limit' orders, but you should be aware that market conditions may make it impossible to close out your order at the level specified. There are also risks associated with using an Internet-based trade execution software application including, but not limited to, the failure of hardware and software. ANNO1777 Labs maintains ‘back up’ systems and contingency plans to minimise the possibility of system failure. Before deciding to trade, you should become aware of all the risks associated with leveraged productstrading, and seek advice from an independent and suitably licensed financial advisor. Under no circumstances shall we have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to your trading operations any direct, indirect, special, consequential or incidental damages whatsoever.
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