Rento V8 Released - SHARES & BONDS
We are happy to finally release Rento V8 featuring the long waited SHARES & BONDS features!
SHARES
The new "Shares" feature enables players to issue shares for their complete properties (eg. Player has all 3 blue color lands and he can issue 2,3 or 4 shares for them to be bought by other players).
When other player buys a share, he then gets % of the rent that is paid when some players lands on that blue land.
If 4 shares are issued from player A and then player B buys one share, then when player C lands on that blue land, player A will not get the full rent from player C, but only 75% of it. The other 25% of the rent will go to player B.
BONDS
Bonds (also called obligations) are debt papers issued from one player to other player (1 to 1).
Bond issuer takes X money as debt to bond holder. Bond issuer later has to payback that money + some predefined interest. The bond issuer has to return the loaned amount and interest in X turns (defined when the bond is issued).
Failed to do so will default the bond, forcing the debtor (bond issuer) to pay the owned money to the bond holder or to go bankrupt.
Both shares and bonds can be traded in the game.
Other players can buy shares and bonds throughout the game at their own terms/prices.
Notes:
- Once you create shares for these properties, you cannot edit or remove them
- First share always remains yours
- Downgrading and mortgaging properties with shares will split the received money among shareholders and is doable only by the initial owner
- Upgrading and redeeming properties can be done from any shareholder
- Properties with shares cannot be traded separately, but shares can be traded
- Shareholders will receive % of rents when a player lands on this property
Shares & Bonds (obligations) feature is being released on mobile Rento games (3D and 2D Lite version) as well as in Steam and WEB.
Later this summer we plan on releasing the Rento V8 version to PlayStation and Xbox consoles