CoinRepublik

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The monetary system explained

Coinrepublik features a dual currency system designed to offer players strategic economic flexibility through the interaction of 24k Gold and individual National Currencies. Each in-game country reflects its real-world counterpart and uses its actual currency—Spain uses EUR, Romania uses RON, Hungary uses HUF—creating multiple economic zones within the game.

The value of 24k Gold is dynamic and updated in real time based on live global market prices. This ensures that the in-game economy mirrors real-world financial trends. Players can view their Gold and National Currency balances in their inventory, providing a complete snapshot of their financial assets.

Players can freely exchange Gold for any National Currency supported in the game. This allows them to convert Gold into EUR, RON, HUF, or others to take advantage of market trends or fulfill specific needs. Likewise, players can use any National Currency to purchase Gold, securing a globally recognized and stable asset. Additionally, earnings from in-game affiliates are paid in their local currency, naturally diversifying the player's financial portfolio.

Direct deposits and withdrawals of National Currencies are not allowed. To withdraw real-world value, players must first convert their National Currency holdings into Gold. All exchange operations between Gold and National Currencies are subject to a 1% fee and use real-time exchange rates for accuracy and transparency.

This financial system encourages players to engage with market dynamics, diversify their currency holdings, and plan conversions strategically to maximize value.

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CoinRepublik

Transactions within CoinRepublik, a real cash town-building simulator developed by ANNO1777 Labs, involve a high level of risk and should be approached with caution. The nature of this game means that virtual in-game currencies and assets can be linked to real-world economic conditions and market fluctuations, including changes in local or global financial markets, political situations, or natural events. Speculative actions within the game, especially those involving in-game gold or other valuable assets, may result in significant losses. Players should carefully evaluate their financial objectives, experience level, and tolerance for risk before engaging in the game's economy. It is crucial that participants only use funds they can afford to lose, as the market-like environment within CoinRepublik can lead to both gains and losses. While the game aims to offer entertainment and strategic value, the virtual economy's unpredictability can make it addictive and potentially financially hazardous. CoinRepublik includes mechanisms to minimize losses, such as in-game tools that mimic financial stop-loss strategies, yet no system can entirely eliminate risk. There are also inherent risks related to the technology used in the game, such as possible software or server failures, despite ANNO1777 Labs' implementation of backup systems and contingency plans to mitigate these issues. Participants are encouraged to consider these risks and, if necessary, seek guidance from a qualified financial advisor before engaging in CoinRepublik' virtual economy.

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