GECoin

[Icatus]

The best thing to happen since GE&T itself.

Welcome to the GECoin exchange!

Hosted by GECoin Inc.

You're probably wondering what this is, so we'll get right on it.

What is GECoin?

GECoin is a rewards program for Global Economics and Trade, where documented purchases you make with registered storefronts will contribute to points -GECoins- that can be used at other storefronts as a substitute for money! And the best part; they can be exchanged for cold, hard cash! GECoins can be earned in other ways, though, but we don't deal with that. All we need to know is when you receive and distribute the coins!

Now remember; GECoins can ONLY be created when a purchase is registered AND confirmed, other than that, GECoins CANNOT be created as new ones without the word of GECoin Inc., and if an account is claiming that they have gained GECoins from another account (Peer-to-peer), there MUST be a deductible to go along with that. Example: Account A claims they got 2 GECoins from Account B. Account B must ALSO say that they are distributing 2 GECoins to Account A, otherwise the transaction will NOT be recorded.

How can I exchange GECoins?

Simple! All you have to do is state that you are exchanging however many GECoins you want, and they will be exchanged for their current value, and the money wired to you instantly, with the correct deductible removed from your account.

How does the value of GECoin work?

This a bit trickier. GECoin's value will change, depending on how many exist, and how storefronts value them. They can be as little as $1, or go up to $100,000! Maybe further! But it all depends on how many people use them, and the value changes as such. Think of it like a commodity that can be used to purchase things, like gold or silver.

Are my GECoins safe?

Your GECoins are safe in our vault, with listings of how many each account has displayed publicly, to help identify any issues. We trust our clients as much as possible, and so we also require their assistance with avoiding problems and catching frauds as efficiently as possible. We may be a big company, but that doesn't mean we're omniscience!

How do I accept best?

Storefronts that accept GECoins have to do only this: confirm the transaction! As long as both parties make a post saying they accept, the GECoins shall be transferred to the corresponding account. Once they have been exchanged, they are now yours, and can be exchanged for their value at that time!

Referrals? What?

That's right! Now, whenever you invited a storefront to GECoin OR invite someone who makes a new account*, you become eligible for a free 400 GECoins, deposited right into your account! That 400 GECoins for doing NOTHING! Have fun!

*Nation CANNOT be a puppet. If so, you will not receive a bonus.
**Referrals from "Icatus" are not valid.

How would I buy?

When you purchase with GECoin, it's value is what determines how many you use. If it is $1 value, then you spend the equal amount, if it's $1.50, you spend less, and vice versa. Example: A lamp costs $30. Small nation A has 30 GECoins at value $1. Small Nation A can spend all of their GECoins to purchase the product. The next day, the GECoins are valued at $.50, Small Nation A has to spend 60 GECoins. Then, a week later, the GECoins are valued at $2, and SNA has to spend only 15 GECoins. Same goes for receiving them. Buy $1,000 at a registered store, and the GECoins are $1, you get 1000 GECoins.

In the event of a price that cannot be paid 1:1 with GECoins, the purchaser must solve the dispute. Example: Small lamp costs $29.50, and GECoins are valued at $1. The purchaser will have to fix this issue, namely being putting in all 30.

Storefronts that accept GECoin

Commoner League Inc.
Commoner Energy Inc.
Banana Industries Inc.
RubberChick Inc.
CatBEATTS™ Sound Co
Alcyoneum Shipworks
Britannual Foodstores
IronCorp
Halcyon Arms
Ilius Financial
CleverBulb™ Inc.
Birch Bark Books
Second Economic Committee
Destiny Airlines
United Kingdom of Kykid8 International Airlines
NSGraphics
Quwah Industries
ETC Computer Inc.
National Carpathian Air Forces Factory
Dexterian Arms
Peace International Corporation
Post Aircraft Corporation

Accounts

The Kingdom of Tuskamo - 0.0
The Great Antarctic Penguins - 0.0
Swamps of Shrek - 200,000,000
Commoner League Inc. - 0.0
Commoner Energy Inc. - 0.0
Banana - 0.0
RubberChick Inc. GECoin - 0.0
CatBeatts - 7,354
Icatus - 0.0
Alcyoneum Inc. - 0.0
IronCorp - 24,753
IronCastle - 0.0
Wisentow - 300,000
Halcyon Arms - 10,000,000,000
Ilius GEVault - 0.0
Aquitayne - 0.0
CleverBulb - 28,961
Terran Borealis - 40,234,668
BBB GECoin - 0.0
Commonwealth Supersonics - 0.0
Commonwealth Capital - 0.0
Libraria and Ausitoria - 0.0
Second Economic Committee Third Department - 0.0
Destiny Airlines - 0.0
UKKIA - 0.0
United Kingdom of Kykid8 - 0.0
NSGraphics - 0.0
Kadenverse - 0.0
The Armed Republic of Demporia - 0.0
Emperor JC - 200,000,000
Republic of Vectors - 1,500,000,000
The Aspari Syndicate - 0.0
Federation of Trelatche - 0.0
QUWAH - 0.0
ETC Computer Inc. - 0.0
Pletoriumia - 1,080,000,000,000
NCAF - 0.0
Neo Industrium - 0.0
Dexterian Arms - 0.0
The Grand Imperial Empire of Stomalia - 0.0
Peace International Corporation - 100,000
PAC GECoin - 0.0

APPLICATIONS
Do you want to have a GECoin account? Maybe you want to accept GECoin in your storefront? Application forms are below!

Storefront

Code: Select all

Nation Name:
Storefront:
Link to storefront:
Desired Account Name:
Do you promise to accept GECoins whenever they are presented?: Y/N
Currency name with NSD exchange rate (NSEconomy):
Were you referred: Y/N
If yes, by whom:


Code for storefronts to advertise GECoin:

Code: Select all

[align=center]
[url=http://forum.nationstates.net/viewtopic.php?f=6&t=287682][img]http://i.imgur.com/PZJ0jmO.png[/img][/url]
[b]We support GECoin![/b]
[/align]

Account

Code: Select all

Nation Name:
Will you refrain from committing fraud with GECoin?: Y/N
Currency name with NSD exchange rate (NSEconomy):
Were you referred: Y/N
If yes, by whom:


Buying or selling GECoins? Use the form below;

Code: Select all

Nation Name:
Account Name:
Buying or selling:
Amount of GECoins in question:
Value as of now:
Total:


*Amount of GECoins in question is a number of how many you are selling or buying, and that will be indicated by your answer to Buying or Selling, and shall be honored accordingly.

VALUE
Please understand that this will change, and people are using the value presented at their given time.

/\ $.43 NSD

A 2% fee is now in effect.

[Common Territories]

Nation Name:
Storefront: Commoner League Inc.
Link to storefront: viewtopic.php?f=6&t=211534
Desired Account Name: Commoner League Inc.
Do you promise to accept GECoins whenever they are presented?: Yes
Currency name with NSD exchange rate (NSEconomy): 1 Imperial Dollar worth $1.8234

Nation Name:
Storefront: Commoner Energy Inc.
Link to storefront: viewtopic.php?f=6&t=219758
Desired Account Name: Commoner Energy Inc.
Do you promise to accept GECoins whenever they are presented?: Yes
Currency name with NSD exchange rate (NSEconomy): 1 Imperial Dollar worth $1.8234

OOC: I really like this idea of a storefront. Good luck in the future!

[Tuskamo]

To: Whom it May Concern of GECoin
From: Nancy Lee, Secretary of Finance and Business, and Treasurer of Tuskamo

---

Dear Sir/Madam,

The government of the Kingdom of Tuskamo would like to create an account for the nation it's self. The application can be found below.

Nation Name: The Kingdom of Tuskamo
Will you refrain from committing fraud with GECoin?: Y/N
Currency name with NSD exchange rate (NSEconomy): Check, 1.30 NSD

Thank You,

Nancy Lee
Secretary of Business and Finance and Treasurer of Tuskamo

To: Whom it May Concern of GECoin
From: Bruce Dogers, CFO of Banana

---

Dear Sir/Madam,

Banana Industries Inc. is interested in accepting GECoin in our storefront. The application can be found below.

Nation Name: The Kingdom of Tuskamo
Storefront: Banana Industries Inc.
Link to storefront: viewtopic.php?f=6&t=285683
Desired Account Name: Banana
Do you promise to accept GECoins whenever they are presented?: Y/N
Currency name with NSD exchange rate (NSEconomy): Check, 1.30 NSD

Most Respectfully,

Bruce Dogers
CFO of Banana

[Super-Llamaland]

Nation Name: Super-llamaland
Storefront: RubberChick Inc.
Link to storefront: www.rubberchick.com
Desired Account Name: RubberChick Inc. GECoin
Do you promise to accept GECoins whenever they are presented?: Y
Currency name with NSD exchange rate (NSEconomy): We use NSD, so this isn't needed.

(OOC: It's about time GE&T gets a version of BitCoin. Nice job, this will be great if it avoids extreme fluctuations and security issues.)

[The Great Antarctic Penguins]

Nation Name: The Great Antarctic Penguins
Will you refrain from committing fraud with GECoin?: Y
Currency name with NSD exchange rate (NSEconomy): 1 Gap = $0.36

[CatBeatts Sound Co]

Storefront:

Nation Name: Swamps of Shrek (note: I am the Swamps of Shrek, just a secondary account)
Storefront: CatBEATTS™ Sound Co (MT, WIP)
Link to storefront: www.CatBEATTS.com.ss
Desired Account Name: CatBeatts
Do you promise to accept GECoins whenever they are presented?: Yes
Currency name with NSD exchange rate (NSEconomy): Shrekian Mark (Note: This economy is based off of the Swamps of Shrek Marks' worth, not CatBeatts Sound Co Marks' worth.) SM 1.9994 = NSD 1

Account:

Nation Name: Swamps of Shrek
Will you refrain from committing fraud with GECoin?: Yes
Currency name with NSD exchange rate (NSEconomy): SM 1.9994 = NSD 1

[Icatus]

Ledges will be updated in the next few hours! We thank all participation in this!

TO ALL STOREFRONTS:

We recommend putting a "GECoin accepted here" or something similar on your page, as it will make it easier for people. Code for that shall also be updated in a few hours.

OOC: Sorry for making you wait. I posted that right as I went to sleep, and I have school I have to do. I will get it updated as soon as possible, though.

[Icatus]

Updated!

[Britonisea]

---

This is the for the CEO of This group;

Dear CEO of GEcoin,

As you may or may not know, Britannual Headquarters has made an outburst. Making it worldwide. We, Britannual and it's partners, would like for your company to check out the new storefront and to introduce you to Britannual.

We would like for you to visit the "advertise my company" page and you can advertise your company on our page. This is the first time a company has ever done such a thing. We would like for you company to benefit off of this and for you to sign up for this. Also (Whilst your at it) sign up for a great partnership between the two companies which could also bring benefits.
Here is the link; http://www.britannual.com

We hope that you can look forward to this.

-CEO of Britannual.

Also,
Accepts GECoin! (AT Britannual Foodstores)
-Also this will be put on The Main Britannual Page if you put in an application...

[Isle of Lost]

To: GECoin Inc. From: Alcyoneum Corporate Partnership Affairs Office Subject:GECoin Currency Encryption: None Greetings GECoin, Hello, my name is Felix Lucas and I am the current CEO of Alcyoneum Shipworks. My staff and myself have found your GECoin currency to be a great idea and we hope to incorporate the currency into our affairs soon. Application Form: Nation Name: Isle of Lost Storefront: Alcyoneum Shipworks Link to storefront: Link! Desired Account Name: Alcyoneum Inc. Do you promise to accept GECoins whenever they are presented?: Y Currency name with NSD exchange rate (NSEconomy): $NS 1 = $ 2.0003 (Shell) I thank you for providing GE&T this amazing service, Signed, Felix Lucas President & CEO of Alcyoneum Shipworks Co.

[Icatus]

OOC: As a more formal way of saying "Accepted"...

Common Territories, Tuskamo, Super-llamaland, The Great Antarctic Penguins, CatBeatts Sound Co, Britonisea, and Isle of Lost, you are all ACCEPTED! We hope you enjoy our services!

[Swamps of Shrek]

Thanks for making a account for my main and my puppet, I was about to panic because I thought you would only make one for my pupper. Phew...

[Icatus]

Thanks for making a account for my main and my puppet, I was about to panic because I thought you would only make one for my pupper. Phew...

OOC: Don't worry. I understood.

If I did make that mistake, I'll fix it right away.

IC: Application forms have been changed, but all already made are STILL VALID! It's just to implement a new program.

Thanks again for all your contributions!

[Ironcastle]

Nation Name: The Federal Republic of Ironcastle
Storefront: IronCorp
Link to storefront: Here
Desired Account Name: IronCorp
Do you promise to accept GECoins whenever they are presented?: Yes
Currency name with NSD exchange rate (NSEconomy): 1 Nanopods buys 1.8 USD
Were you referred: Yes
If yes, by whom: By you!

Nation Name: The Federal Republic of Ironcastle
Will you refrain from committing fraud with GECoin?: Yes
Currency name with NSD exchange rate (NSEconomy): 1 Nanopod buys 1.8 USD
Were you referred: Yes
If yes, by whom: By you!

[Wisentow]

Nation Name: The Allied States of Wisentow
Will you refrain from committing fraud with GECoin?: Y/N
Currency name with NSD exchange rate (NSEconomy): Zloty, Z$2.5 = NSD 1
Were you referred: Y/N
If yes, by whom: N/A

[Pharthan]

Nation Name: Pharthan
Storefront: Halcyon Arms
Link to storefront: Click here!
Desired Account Name: Halcyon Arms
Do you promise to accept GECoins whenever they are presented?: Y/N
Currency name with NSD exchange rate (NSEconomy): Aurum (MPA) : 1MPA-1.7NSD
Were you referred: Y/N
If yes, by whom: N/A

[Aquitayne]

Oh look, cryptocurrency for an electronic game. Wait...

Nation Name: The Constitutional Monarchy of Aquitayne
Storefront: Ilius Financial
Link to storefront: viewtopic.php?f=6&t=280809&
Desired Account Name: Ilius GEVault
Do you promise to accept GECoins whenever they are presented?: Y
Currency name with NSD exchange rate (NSEconomy): We deal with multiple currencies around the globe.
Were you referred: N
If yes, by whom:

Nation Name: Constitutional Monarchy of Aquitayne
Will you refrain from committing fraud with GECoin?: Y
Currency name with NSD exchange rate (NSEconomy): Aero $1 = 1.21NSD
Were you referred: N
If yes, by whom:


Interesting idea, I look forward to seeing where it goes.

[Icatus]

Ironcastle, Wisentow, Pharthan, Aquitayne,

You have all be ACCEPTED!

We hope you enjoy your use of GECoin!

[CatBeatts Sound Co]

OOC:
This should work.

Code: Select all

[align=center]
[url=http://forum.nationstates.net/viewtopic.php?f=6&t=287682][img]http://i.imgur.com/PZJ0jmO.png[/img][/url]
[b]We support GECoin![/b]
[/align]


becomes...

We support GECoin!

IC: I'd like to exchange some NSD to GECoin.
Nation Name: Swamps of shrek
Account Name: CatBeatts Sound Co
GECoin # Exchanged: 1,000 NSD to 1,315 GEC
Value as of now: .76 NSD = 1 GEC
Total cash to be paid: 1,000 NSD

[Sensorland]

Nation Name: Sensorland (Run bu puppet CleverBulb Inc)
Storefront: CleverBulb™ Inc.
Link to storefront: cleverbulb.com
Desired Account Name: CleverBulb
Do you promise to accept GECoins whenever they are presented?: (Y)/N
Currency name with NSD exchange rate (NSEconomy): We use NSD.
Were you referred: Y/(N)
If yes, by whom:

[Icatus]

Sensorland and CattBeatts Sound Co,

Both of your request have been ACCEPTED!

Thank you for choosing GECoin!

[Terran Borealis]

Nation Name: Terran Borealis
Will you refrain from committing fraud with GECoin?: Yes
Currency name with NSD exchange rate (NSEconomy): Snowbuck (1 Snowbuck:.60 NSDollars)
Were you referred: Yes
If yes, by whom: Icatus

Nation Name: Terran Borealis
Storefront: Birch Bark Books (BBB)
Link to storefront: viewtopic.php?f=6&t=285870
Desired Account Name: BBB GECoin
Do you promise to accept GECoins whenever they are presented?: Yes
Currency name with NSD exchange rate (NSEconomy): 1 Snowbuck:.60 NSD
Were you referred: Yes
If yes, by whom: Icatus

[Common Territories]

OOC:
This should work.

Code: Select all

[align=center]
[url=http://forum.nationstates.net/viewtopic.php?f=6&t=287682]([url=http://i.imgur.com/PZJ0jmO.png]Image[/url])[/url]
[b]We support GECoin![/b]
[/align]


becomes...

([url=http://i.imgur.com/PZJ0jmO.png]Image)[/url]
We support GECoin!

IC: I'd like to exchange some NSD to GECoin.
Nation Name: Swamps of shrek
Account Name: CatBeatts Sound Co
GECoin # Exchanged: 1,000 NSD to 1,315 GEC
Value as of now: .76 NSD = 1 GEC
Total cash to be paid: 1,000 NSD

OCC: I hope you don't mind but I will be using this picture link tool. I think it's neat and eliminates a lot of the work lol.

[Pharthan]

OOC: Likewise, I'll also be using that image for advertisement of GEC.

In light of the recent success of several of our newer, more expensive equipments, we at Halcyon Arms would like to anchor some of our gains in GECoin to diversify our market portfolio.

Nation Name: Pharthan
Account Name: Halcyon Arms
GECoin # Exchanged: 9,300,000,000 NSD to 10,000,000,000 GEC
Value as of now: .93 NSD = 1 GEC
Total cash to be paid: 9,300,000,000 NSD

[Icatus]

OOC:
This should work.

Code: Select all

[align=center]
[url=http://forum.nationstates.net/viewtopic.php?f=6&t=287682]([url=http://i.imgur.com/PZJ0jmO.png]Image[/url])[/url]
[b]We support GECoin![/b]
[/align]


becomes...

([url=http://i.imgur.com/PZJ0jmO.png]Image)[/url]
We support GECoin!

IC: I'd like to exchange some NSD to GECoin.
Nation Name: Swamps of shrek
Account Name: CatBeatts Sound Co
GECoin # Exchanged: 1,000 NSD to 1,315 GEC
Value as of now: .76 NSD = 1 GEC
Total cash to be paid: 1,000 NSD

OCC: I hope you don't mind but I will be using this picture link tool. I think it's neat and eliminates a lot of the work lol.

OOC: No problem to use that, I like it too, and will (If I have not) changed it.

IC: Terran Borealis, and Pharthan, your request have been ACCEPTED!

Your business is greatly appreciated, and we hope you will continue to use GECoin in the future!