Post by John Skieswanne on Apr 10, 2022 14:18:33 GMT
The Pangaean Dollar is slowly gaining popularity. Here's all about it.
What is the Pangaean Dollar?
The Pangaean Dollar (PGD) is the official currency of the Federation of Pangaea. It is not considered as actual "money", for the purpose of international legislations. It can be exchanged between any members on this forum. Coins you earn are yours to keep; and there are no transactions fees nor fees of any sort for using the Pangaean Dollar.
If it's not considered money, why use it?
Using your Pangaean Dollars, you can "buy" items that are sold on the official Marketplace. You can also "sell" items or services on the very same Marketplace, and actually earn Pangaean Dollars. Since the Pangaean Dollar is not considered "money", and more of a community game, then there are no taxes on your "sales" or earnings. Additionally, unlike cryptocurrencies, Pangaean Dollars cannot be mined, they can only be earned. So the community that has the largest computer will not necessarily become the richest; the Pangaean Dollar requires far less energy than cryptocurrencies, and this currently makes the Pangaean Dollar the most environmentally-friendly currency of all nations.
How much would a Pangaean Dollar be worth?
In a hypothetical world where the Pangaean Dollar would be considered money, its fiat value would be fixed at 1.00 PGD = 10.00 USD, average April 2022 value for the USD.
How can I earn Pangaean Dollars?
First you will need to switch to Desktop view mode; otherwise mobile view hides important aspects of the currency structure. If you're on a phone, you can switch to Desktop mode, using the button at the bottom of any forum pages:
If you're already on a desktop view computer, you don't have to do that step above.
There are five ways to earn Pangaean Dollars:
- By creating a thread on this forum - this will automatically earn you 0.1 Pangaean Dollar. Make sure to use Desktop view mode.
- By posting a reply to a thread on this forum - this will automatically earn you 0.02 Pangaean Dollar. Make sure to use Desktop view mode. (Fun fact: every time you make a certain number of total posts, your rank will go up. When this happens, you will automatically receive an associated 50.00 PGD prize.)
- By "selling" items or services on this forum - for maximum exposure we recommend you sell those on the official Marketplace.
- By being a member of this forum - all citizens of the Federation of Pangaea are entitled to a periodic Dividend from the Ministry of Economy, as described by the Universal Charter.
- By participating in contests on this forum - the Ministry of Culture is tasked with encouraging community development, and will often launch fun contests with Pangaean Dollar prizes.
I need to make a "purchase" or a "donation". How can I send Pangaean Dollars to someone?
First you will need to switch to Desktop view mode; otherwise mobile view hides important aspects of the currency structure. If you're on a phone, you can switch to Desktop mode, using the button at the bottom of any forum pages:
If you're already on a desktop view computer, you can skip that step above.
Once you are on a desktop mode, click on the "members" icon, at your upper right:
This will let you find any member you're looking for. The members page looks like this:
Click on the member of your choice, and this will bring you to that members' profile details. That's where you will find the "send donation" button:
Click on the "send donation" button, and you will be presented with a form where you can specify the number of Pangaean Dollars you wish to send.
It couldn't be easier!
What is the symbol of the Pangaean Dollar?
It's an infinity sign with a vertical strike; not to be confused with the Greek letter Phi. The infinity-sign-with-strike was adopted because it looks surprisingly similar to a "p" and a "d" appended to one another (for Pangaean Dollar).
What is the Pangaean Dollar?
The Pangaean Dollar (PGD) is the official currency of the Federation of Pangaea. It is not considered as actual "money", for the purpose of international legislations. It can be exchanged between any members on this forum. Coins you earn are yours to keep; and there are no transactions fees nor fees of any sort for using the Pangaean Dollar.
If it's not considered money, why use it?
Using your Pangaean Dollars, you can "buy" items that are sold on the official Marketplace. You can also "sell" items or services on the very same Marketplace, and actually earn Pangaean Dollars. Since the Pangaean Dollar is not considered "money", and more of a community game, then there are no taxes on your "sales" or earnings. Additionally, unlike cryptocurrencies, Pangaean Dollars cannot be mined, they can only be earned. So the community that has the largest computer will not necessarily become the richest; the Pangaean Dollar requires far less energy than cryptocurrencies, and this currently makes the Pangaean Dollar the most environmentally-friendly currency of all nations.
How much would a Pangaean Dollar be worth?
In a hypothetical world where the Pangaean Dollar would be considered money, its fiat value would be fixed at 1.00 PGD = 10.00 USD, average April 2022 value for the USD.
How can I earn Pangaean Dollars?
First you will need to switch to Desktop view mode; otherwise mobile view hides important aspects of the currency structure. If you're on a phone, you can switch to Desktop mode, using the button at the bottom of any forum pages:
If you're already on a desktop view computer, you don't have to do that step above.
There are five ways to earn Pangaean Dollars:
- By creating a thread on this forum - this will automatically earn you 0.1 Pangaean Dollar. Make sure to use Desktop view mode.
- By posting a reply to a thread on this forum - this will automatically earn you 0.02 Pangaean Dollar. Make sure to use Desktop view mode. (Fun fact: every time you make a certain number of total posts, your rank will go up. When this happens, you will automatically receive an associated 50.00 PGD prize.)
- By "selling" items or services on this forum - for maximum exposure we recommend you sell those on the official Marketplace.
- By being a member of this forum - all citizens of the Federation of Pangaea are entitled to a periodic Dividend from the Ministry of Economy, as described by the Universal Charter.
- By participating in contests on this forum - the Ministry of Culture is tasked with encouraging community development, and will often launch fun contests with Pangaean Dollar prizes.
I need to make a "purchase" or a "donation". How can I send Pangaean Dollars to someone?
First you will need to switch to Desktop view mode; otherwise mobile view hides important aspects of the currency structure. If you're on a phone, you can switch to Desktop mode, using the button at the bottom of any forum pages:
If you're already on a desktop view computer, you can skip that step above.
Once you are on a desktop mode, click on the "members" icon, at your upper right:
This will let you find any member you're looking for. The members page looks like this:
Click on the member of your choice, and this will bring you to that members' profile details. That's where you will find the "send donation" button:
Click on the "send donation" button, and you will be presented with a form where you can specify the number of Pangaean Dollars you wish to send.
It couldn't be easier!
What is the symbol of the Pangaean Dollar?
It's an infinity sign with a vertical strike; not to be confused with the Greek letter Phi. The infinity-sign-with-strike was adopted because it looks surprisingly similar to a "p" and a "d" appended to one another (for Pangaean Dollar).