My last world that many of you may have read about on the forums. The economy was failing. Now with the help of some friend (players of that world) things have been fixed and should work amazingly now! Come try it out!!!
This world, the Government (aka admins/mods) will not be selling you whatever you may need. This will be a self sufficient server. In other words, you do your job and sell supplies yourself, or sell to the general store! The general store will buy anything! Then turn around and sell whatever supplies it buys back to the community! The general store owner will not take said supplies and use for his own good.
This world will be in adventure mode, and woodcutting and crafting tables are banned. the government, and some trusted members, such as blacksmiths or store owners, are the only people that have access to crafting tables. This forces members with different jobs to interact with each other. If you can make your own tools and food, there are few reasons to buy anything from anyone else. Having to rely on other players for supplies means that you have to buy from other players and that they have to buy from you which helps to stimulate the economy.
Currency and Banking
The currency system is based off of named paper. The banker maintains a spreadsheet of how much money every person has. Saying that, whenever a trade goes down that involves money, the person sending the money to someone else must send a message to the banker or an admin saying how much money has been transferred, who received and who paid the amount. If the message is not sent, or if there is no verbal or written confirmation from either the banker or an admin, then it will be as if the trade never went down. At that point if I was to figure out you have much more money then the banker has accounted for on your player account. It will be assumed you counterfeited money and you will be dropped to the amount I have you written down for, then fined a % of however much you were over what I have written down.
If you are caught counterfeiting money, appropriate action will be taken.
The banker offers loans but they require collateral that will be held until the loan is repaid and there will be a percentage of interest that must also be paid.
The banker can also mortgage plots of land. When a plot of land is mortgaged you have a set amount of time to pay it off. Interest rates will be calculated based on the amount of time given to pay off the loan. If you fail to pay off your mortgage within the given amount of time your property will be foreclosed on, and all materials found on that property will be seized. You will also be fined the amount of money for your mortgage, minus any money you have already paid, and the value of all items seized during foreclosure that would then be sold off by the bank.
Once you start, you will see the glass cube. You will see the ranks required.
Rank 1: you start here
Rank 2: $400
Rank 3: $600
Rank 4: $800
There is all the basic jobs I will not list.
In my world, you have the option to own a plantation. On this plantation, you can have up to three resources. Ex. farm, mining. At the point you own a Plantation, you're pretty rich in-game. You can hire people onto your plantation, however you must provide their pay. When they work on your plantation they do not hold a job with the government. So what happens is the resources they produce on your plantation you sell. After 5 sellouts of your resources you receive your payment for a running plantation. The money you receive you pay you laborers with. Plantation rules, you must buy the land your plantation is on. You must provide a sleeping quarters for your laborers. You can charge rent. The plantation owner is paid based on the amount of employees. *and material produced from your plantation.
In order to receive the privilege to buy the land/permit for a kingdom, you must own and have 2 operating Plantations. After you purchase your permit, you can sell your plantations, or keep the plantation for money purposes.
In order to buy land, you must talk to a admin, or a real estate agent. When talking to them have the exact coordinates written down and tell/message them. At that time they can bid it depending on the lot size.
I currently have 2 admins and will be looking for more. Activity is key.