2nd Grand Society Conference - tuned in by 1000s

[12:38] Wili Clip: GOLD vendor algorithm, Society Treasury
[12:38] Wili Clip: ->
[12:38] Wili Clip: Yesterday we changed the gold supply algorithm in the vendor...
[12:39] Wili Clip: from 500k available gold for purchase we changed it to 900k
[12:39] Wili Clip: and re-population of gold in the vendor starts when total supply goes bellow 200k gold
[12:39] Wili Clip: This means when people buy 700k gold form the vendor the vendor will re-populate gold and the gold will be cheapest again
[12:40] Wili Clip: now the 100k gold at 0.1 L$ was all bought out yesterday. today we still have 93670 gold available at price 0.2
[12:40] Wili Clip: this is still lower than it was at 0.9 before algorithm got triggered ^^
when people buy gold from the vendor the equal amount of GOLD is added to the Society Treasury
[12:41] Wili Clip: The Treasury is managed by the King / Queen and the Royal Senate. The Royal senate consist of 5 people with most GOLD POINTS. The chart of the Society is at http://www.goldtokens.net/cyber-society
[12:43] Wili Clip: Our current King is his Majesty OmniBravo with 1,601,975 gold points (GP)
[12:44] Wili Clip: Then we have the members of Royal Senate (Brietje Munro, SummerDreams0, Mariantonietta Silverfall, Skar Taurog,     queensatrasil)
[12:44] Wili Clip: Royal Senators have ability to VETO any decision that is taken about how the GOLD and L$ in the Society Treasury is spent
[12:45] Wili Clip: VETO is a very strong thing... this basically means that Senate and the King / Queen run the things together....  have equal power...
We ask everyone to address Royal Senators according to their status and rank:  Barons and Baronesses
[12:45] Wili Clip: For example:
[12:46] Wili Clip: Baron Skar
[12:46] Wili Clip: Baroness Mariantonietta Silverfall
yesh Lord Constantine thats right O ..O
[12:46] Wili Clip: Baroness Brietje Munro or Baroness Brietje
[12:47] Wili Clip: Baroness queensatrasil
[12:47] Wili Clip: Baroness SummerDreams0
[12:47] Wili Clip: yes no need to call me Baron wili :p
[12:47] Wili Clip: I didn't eanr enough GOLD POINTS yet to get htere O.. o  but I ma working hard!
[12:48] Wili Clip: ty Tammie! ^^
[12:48] Wili Clip: ah yes you can address me as Lord Wili ^^
[12:48] Wili Clip: moment...
[12:49] Wili Clip: ok we're back after some technical problems with the microphone O .. O
[12:51] Wili Clip: So yes as often as you can address our members of the Society by their status. Its very important and it makes people who worked very hard for it feel rewarded. To gain a big amount of gold points and rank up it takes a lot of time, energy, money, effort

[12:51] Wili Clip: At the top of the Society we have our most valuable members for the society. They are there because they contributed the most of (energy, time or money) for the whole society to be rewarded, growing and functioning well.
[12:52] Wili Clip: society members gain gold points through different ways
[12:53] Wili Clip: through being voted for
[12:53] Wili Clip: with g-votes (also known as weekly votes)
[12:54] Wili Clip: everyone gets 1000 free g-votes every week
you can see your weekly votes at 4th row in the chart:
[12:54] Wili Clip: http://www.goldtokens.net/cyber-society
[12:55] Wili Clip: the weekly votes or g-votes you can cast through the Cyber Kingdom (Society vote board) or through tipping it through these Heart of Society shoulder pets
its simple
[12:56] Wili Clip: you click a heart ♥ that you see on a shoulder of a girl that you have a crush on O.. O and you get a menu of her heart... Then you click on 100 g-votes
[12:57] Wili Clip: if you click on Tip more a new menu opens where you cna tip all 1000 g-votes if you really like the girl or the buoy O .. O
[12:57] Wili Clip: boy not buoy ;)
[12:58] Wili Clip: See? A Freudian slip... because girls are supposed to tip the buoy owners who pay for the fishies and run the biggest multiplier events O .. O
[12:58] Wili Clip: The growth of this society is only possible because of our Landowners!
[12:59] Wili Clip: all the L$ that come into Treasury come from the 20% of TAX in worm barrels. And the L$ that fishers win for fishing come from Landowners pockets
[13:00] Wili Clip: Actually I think that the 10% TAX  from worms goes to the Fish Hunt Landowners and 10% goes into Treasury.
[13:00] Wili Clip: so total of 20%
[13:01] Wili Clip: The society can't grow without the funding...
[13:01] Wili Clip: And our landowners are the backbone of the Society...
this is why whenever they fill the Buoy with L$ they also receive g-votes for it... that they can use to vote. The thing about g-votes (weekly votes) is when you vote for someone you also get the same amount of gold points for yourself...
[13:02] Wili Clip: ...
[13:03] Wili Clip: this is brilliant... Because not just you're voting for someone who you think is adding value to the society but you're also following a self interest to rank up yourself as well.
So we made it like that for the Buoy owners to be rewarded for their contribution of L$ to make all this possible for everyone
[13:04] Wili Clip: Landowners are the backbone and they get more g-votes according to how much they fund the Buoys ofr other people
[13:04] Wili Clip: GP = Gold Points
is easier to say gp ^^
[13:05] Wili Clip: when you tip your GOLD to someone in their Heart Of Society it gets turned into gp
[13:05] Wili Clip: and the gp ranks us in the Soceity chart
http://www.goldtokens.net/cyber-society
[13:06] Wili Clip: When you work on the society job boards you receive GP (gold points)
[13:07] Wili Clip: The jobs that we add to society for people to work on...
our goal is to make such jobs where people working these jobs add some value to the Second Life - to other people
[13:08] Wili Clip: the jobs have proven very effective and already started contributing towards nicer behavior of society members with each other
[13:08] Wili Clip: Yes there will be always some arguments... but on overall its a massive success
and we're working with more Landowners (remember they're our Backbone) to set the jobs on their lands.
We're son going to create more jobs that will add even more value to the Society and Society members. The new jobs will focus on growth of Society
[13:10] Wili Clip: soon*
[13:10] Wili Clip: The 1st jobs are very simple and everyone can do them..
[13:11] Wili Clip: but the new jobs that are coming will take a bit more skills... We might create a RPG Job Education center
[13:11] Wili Clip: and issue RPG certificates that will give people certification and ability to work on specific more complex jobs which reward more GOLD POINTS
If we're successful with that we'll create a 1st true Role Playing Game Cyber Nation....  - the Society.   This will be like public sector of virtual world Second Life..
If it works.... and if we're all able to organize well... it can becoem the closest thing to what many people say that Metaverse is. We are currently a CHAOS
[13:14] Wili Clip: like an Ant nest where all the ants are running their own direction and not one knows in which direction the enemy that they need to bite is O .. O

[13:15] Wili Clip: But if we organize and learn to work in an organized way... the all 1000s and if we grow 10000s and maybe one day 100 000s of people from all over the world..
[13:15] Wili Clip: We can create a POWER that can be compared to a RL nation.
[13:16] Wili Clip: now we need to be aware that this is role playing game and a role playing game simulation of a nation
[13:16] Wili Clip: that we call Cyber Society
[13:17] Wili Clip: the Society is YOU
[13:17] Wili Clip: how big and well organized we will become depends on YOU...
[13:18] Wili Clip: I am merely a tools provider and idea leader...  This Society will need many dedicated leaders
and the Landowners are the leaders themselves
[13:18] Wili Clip: and we also have Kingdoms - http://www.goldtokens.net/kingdoms
[13:20] Wili Clip: So far we've been very successful with removing infighting...
[13:20] Wili Clip: when you put a massive amount of people together this always happens...
[13:20] Wili Clip: so the 1st rule of the Society is: NO KILLING O .. O
[13:20] Wili Clip: NO KILLING has many meanings
[13:21] Wili Clip: NO KILLING = don't be an asshole, don't be selfish, don't create arguments, don't be negativ
[13:21] Wili Clip: torture is ok ;)
[13:21] Wili Clip: as long as its sexual O .. O
[13:21] Wili Clip: but NO KILLING
[13:23] Wili Clip: Now people have many different beliefs and probably also ideologies they want to follow... we don't judge we accept everyone...   If anyone wants to start a new group of people that think alike they can create a new Kingdom  http://www.goldtokens.net/kingdoms  we currently have 21 different ones
[13:24] Wili Clip: Allright
[13:24] Wili Clip: covered everything on the agenda \O .. O/
[13:24] Wili Clip: now in this part its your turn
[13:24] Wili Clip: To tell us about your ideas and vision of how our Society should be organized
[13:25] Wili Clip: Go ahead! Comments, ideas, critics or praise ->  your TURN (don't be shy) O.. O
[13:25] Wili Clip: Its just 1000+ people focusing on this chat O ..O

[13:26] Wili Clip: Before we go to Q & A you ahve opportunity to share your idea, vision, critiqe or praise of the Society...
[13:27] Wili Clip: You don't need to become a Landowner... you can diligently work on the society jobs...
[13:27] Wili Clip: it grows your rank....

[13:28] Wili Clip: Yes that is the aim of new jobs that are incoming \O .. O/ very well said citizen rank 239 kain!

[13:31] Wili Clip: We need more mods and enough to cover all time zones...to get very motivated and available mods has always been a hard thing. Very well said Lady Sophina Starchild

[13:32] Wili Clip: We started rewarding MODS with GOLD POINTS there are society jobs for that... that has helped motivate them... and we can recruit more.

[13:32] Wili Clip: We always looking for new mods with good communication skills and steady nerves. They 1st start as Elders :)

[13:33] Wili Clip: Ty for the idea citizen 183 StrawberryWhine

[13:34] ɢʀєɢ-т ƒʀɨʍღи: if you make your own worms price is lower
[13:35] ɢʀєɢ-т ƒʀɨʍღи: im u lis

[13:36] Wili Clip: citizen 151 .ღ masha.ღ (Kim8berly) and citizen 212  genghisbeer yes the worms prices are always fluctuating up and down depending on the supply and demand of worms on the market. If they temporary go up in price that I don't see as something we need to worry as we always gainign new farmers who farm worms and add to supply and they also make profit from doing this. I would be worried if the prices of worms consistently went bellow the profit price.
The worm economy and the state of the market is very good and healthy. I am proud of how well its functioning and already for 10+ years.
The small worms are always at 0.2 - 0.24
[13:38] Wili Clip: didn't see them rising above that....  I haven't followed the other tasty and enchanted and magic worms...
[13:38] Wili Clip: Allright I see that we already started Q & A ^^

[13:39] Wili Clip: very sorry gengisbeer :p as soon as you achieve the status of a Lord you'll be called a Lord :)
[13:39] Wili Clip: :P
[13:39] Wili Clip: for now I'll address you as respectable citizen genghisbeer
[13:40] Wili Clip: and no number.. my apology \O .. O/
numbers really can remind us to some concentration camp O .. O
[13:41] Wili Clip: Does anyone have any vision, idea, crtique, praise regarding the Soceity?
[13:41] Wili Clip: If not we'll turn to a short Q & A

[13:41] Wili Clip: it will be just a short one as we're overstaying in this conference hall and the owners want to throw us out O .. O

[13:44] Wili Clip: regarding about how to farm in a profitable way please look at the http://www.goldtokens.net/farming
[13:45] Wili Clip: we created a page that helps you calculate your farming profit

[13:46] Wili Clip: Small Worms production price SCENARIO 3: 2X WATER(2 L$), 7X BIO(0.67 L$), 1X Small Worm Pack(5 L$):     0.14 L$
To profit after 20% TAX SCENARIO 3     0.17 L$   So if you farm your own biowaste and you collect mats for biowaste yourself you make profit selling small worms as long as you sell them above 0.17 L$   
and if you use worms yourself the production price for your small worms is 0.14 L$ (you avoid paying 20% TAX that you pay if you're buying worms instead of farming them for yoruself)
[13:47] Wili Clip: Fishers who farm their own worms profit the most...
[13:47] Wili Clip: \O .. O/
[13:48] Wili Clip: how did we change topic from the society to FARMING O .: O
[13:48] Wili Clip: yes it is
[13:48] Wili Clip: and its integral part of it ^^

[13:49] Wili Clip: ty Lady XxNIBBYxX

[13:50] Wili Clip: @ ღ masha.ღ (Kim8berly)     yes I understand your problem. There are credit vendors for farms that help get more farms this help many to get more farms.
[13:51] Wili Clip: But also if all the fishers were able to get their farms too easily it wouldn't be good for all existing farmers..
[13:51] Wili Clip: luckily the worm economy is in a healthy equilibrium

[13:52] Wili Clip: If I may at this point mention Nash Equilibrium
[13:52] Wili Clip: In game theory, the Nash equilibrium, named after the mathematician John Nash, is the most common way to define the solution of a non-cooperative game involving two or more players. In a Nash equilibrium, each player is assumed to know the equilibrium strategies of the other players, and no one has anything to gain by changing only one's own strategy.[1] The principle of Nash equilibrium dates back to the time of Cournot, who in 1838 applied it to competing firms choosing outputs.
[13:53] Wili Clip: Has anyone watch the movie Beautiful mind?

[13:54] Wili Clip: https://en.wikipedia.org/wiki/Nash_equilibrium

[13:56] ɢʀєɢ-т ƒʀɨʍღи: new farme have i free plot at bp
[13:56] ɢʀєɢ-т ƒʀɨʍღи: farmers*

[13:57] Wili Clip: The Fishing game and worm farming economy is been in beautiful equilibrium for more than 10 years now. The game economy is not surviving because we're keep changing things like some communist with their 5 years plans. It is surviving because it has applied the market economy mechanics. This has in markets and economy shown as the most efficient way of production.....  With fluctuating prices and natural stabilizations based on demand and supply.  The markets structures.... the floating markets are brilliant.
[13:57] Wili Clip: *Hi5* Baron Skar
[13:58] Wili Clip: We're at the very short Q & A
[13:58] Wili Clip: does anyone has any question? O.. O
[13:58] Wili Clip: Or an answer O .. O
[13:58] Wili Clip: Does anyone have? Any Qs and As in their pocket O.. O

[14:01] Wili Clip: \O .. O/ The 2nd Grand Society Conference is concluded!!!! Thank you for your attention and focus everyone!!! You've been an amazing virtual audience!!! We've been tuned in by the 1000s!!!
[14:01] Wili Clip: *Hi5*

[14:06] Wili Clip: I'd like to add 1 more thing...
[14:06] Wili Clip: That I forgot to mention...
[14:06] ڰۣ-ஐ - ̗̀ℵąяԼą  ̖́- ஐڰۣ  (narelle Hennah): that you snuggle teddy bears at night time?
[14:06] Mr. Wolfenstien (kainwolfenstien): is it that narla stinks when she farts :P
[14:06] Mina Murray's soul (Mariantonietta Silverfall): that ive lot of patience? lol
[14:07] Skar Taurog: That throughout your entire meeting you didn't mention the King :P
[14:07] Tammie Tombstone (TallTamryu): o.0
[14:08] Strawberry Davenport (StrawberryWhine): no, he mentioned king omni couple times in the meeting
[14:08] Skar Taurog: oh I missed this apparently
[14:08] Skar Taurog: Last one not the case
[14:08] Wili Clip: the Society (from the developers standpoint whose main goal is to make a lot of money from the products he creates) it does not make sense to make as the ROI - return on investment of time, energy and money it does not make sense to start and do such project.... (all other projects that I do that are bringing some profit are supporting me)  This is the project made out of love and crazy pursuit of some EPIC achievement with this amazing community of LGH.  I believe that we can show the WORLD (RL) what an organized cyber society can do for the people all over the world.
[14:10] Wili Clip: At the same time is an opportunity for me to do a very challenging project with which I cna grow as a person and gain new skills and I believe that everyone who is going to participate and is participating in this is also going to grow as a person and in skills they acquire....
[14:12] Wili Clip: We're going to make and get best of what Second Life is capable to offer the world!
[14:12] Wili Clip: It is the organization of people
[14:12] Wili Clip: working in concerted ways to achieve goals that are beyond of what any individual human is capable of...
[14:14] Wili Clip: with saying that I share with you my fav song: https://www.youtube.com/watch?v=fKFbnhcNnjE  that for me represent the beautiful things that people can create when they work together in an organized and synchronous way.
[14:15] Wili Clip: MEUTE - You & Me (Flume Remix)