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	<title>MyChances.net &#187; forum</title>
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	<description>Data-driven college admission prediction</description>
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		<title>Currency System for MyChances.net</title>
		<link>http://www.mychances.net/blog/2007/03/05/currency-system-for-mychancesnet/</link>
		<comments>http://www.mychances.net/blog/2007/03/05/currency-system-for-mychancesnet/#comments</comments>
		<pubDate>Tue, 06 Mar 2007 00:34:25 +0000</pubDate>
		<dc:creator>James</dc:creator>
				<category><![CDATA[MyChances.net]]></category>
		<category><![CDATA[Status Update]]></category>
		<category><![CDATA[currency]]></category>
		<category><![CDATA[forum]]></category>
		<category><![CDATA[mychances]]></category>

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		<description><![CDATA[Today we&#8217;re rolling out a fun addition to MyChances.net: a currency system.
From now on, you&#8217;ll earn credits each time you post on this site. You can keep those credits in your wallet, or you can put them in the &#8216;bank&#8217; and let them earn interest on an hourly basis.
With the credits, you can &#8216;buy&#8217; shares [...]]]></description>
			<content:encoded><![CDATA[<img style='float: left; margin-right: 10px; border: none;' src='http://www.gravatar.com/avatar.php?gravatar_id=a6b86431a750edb0d8748e2bf5a8290d&amp;default=' alt='No Gravatar' width=80 height=80/><p>Today we&#8217;re rolling out a fun addition to MyChances.net: a currency system.</p>
<p>From now on, you&#8217;ll earn credits each time you post on this site. You can keep those credits in your wallet, or you can put them in the &#8216;bank&#8217; and let them earn interest on an hourly basis.</p>
<p>With the credits, you can &#8216;buy&#8217; shares of any of the colleges on this site. There are only 50 shares of each college to begin with, and each college&#8217;s share price is set based on its popularity. Some colleges are only 10 credits, while others already cost 300 credits per share.</p>
<p>You can buy colleges from the <a href="http://www.mychances.net/forums/index.php?action=shop" target="_blank">Shop</a>, and you can sell them to other visitors at a price of your choosing by using the <a href="http://www.mychances.net/forums/index.php?action=shop;do=trade" target="_blank">&#8216;Trade Centre&#8217;</a>.</p>
<p>In the future, we&#8217;ll be adding new ways to earn credits and to spend them. We also plan on creating features that will only be available to people who own a share of college, just to spice things up a bit.</p>
<p>As always, feedback is welcome.</p>
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