Erin

The **Erin** is the currency of Game City, in circulation since 2017.

Ever since the downfall of the RBS currency, it was officially declared that the new currency would be seen in the form of the Erin, a fiat-mimicking form of currency. Due to the lack of secondary currencies outside of the Erin, inflation is currently considered impossible, though a limited print was issued to the Mint and set in circulation to prevent any form of deterioration in value; at least as seen from the public eye.

The Erin does not have any fractional units such as cents, with the lowest possible unit in circulation being the 1 Erin note.

## History

### RBS (Representative Brick System)

When the Kingdom of Game City was first established, the King deemed it fit to create a unique—albeit complex—trade icon. The RBS consisted of a hierarchical pyramid of increasingly valuable currencies, that represented five of the currency underneath it. The order of value commenced with the standard brick, and progressed as follows:

Brick -> Nether Brick -> Iron Ingot -> Blaze Rod -> Gold Nugget -> Gold Ingot -> Diamond -> Emerald.

### Erin

After the economic crisis of 2017 and the resignation of JaimeGamer99 as President of the Government, the new Conservative government introduced the Erin as the brand new currency of the kingdom, which would not have any sub-units (the lowest-value denomination being the 1 Erin bill).

## Investment Opportunities

Ever since the integration of the Erin as the official currency of Game City, the King has made a statement towards a promise regarding the rise of complexity within the nation's economic opportunities. As such, in the midst of 2019, it was officially issued that investment was now a fully accessible function that any civilian could participate in, as an alternative or succession to more laborious options.

Henceforth, citizens (commoner and nobility alike) have become able to invest in real estate, land, businesses and commodity at their own discretion.

### **Investing in Real Estate**

Ever since the complexity of the economy was deepened, real estate was given a proper method of identifying value beyond simple observation. Each block is counted, valued and calculated. The final price is then halved. Citizens were also granted permission to value their property personally, though they are obligated to leave a fixed price in the event that they hire a real estate advisor, that being in the form it is valued at by a professional. Any disagreements are to be held in court.

### **Investing in Jewellery**

Via smart investments and patience, anyone can make a great sum of money through this particular branch of investment in jewellery, making it one of the most rewarding yet risky options as far as money making goes.

Every day, a random number between -90 to +100 is selected, which will then mark that day's value for all jewellery commodities percentage-wise relative to its 'RV' (**Real Value**). This RV will change depending on the **Current Value** ('CV') of the specific day.

The current options when investing in Jewellery are:

 Silver Ingot
 Gold Coin
 Gold Bar
 Polished Diamond
 Black Opal Shaving
 Chronocrystal (only sixteen in existence)
 Emris Gem (only eleven in existence)
 Black Opal (only two in existence)

Finally, there's a third value known as 'DV' (**Deterioration Value**). Every piece of commodity will be dated upon purchase, and each day (24h) following its set date will decrease its RV by 5% due to restoration fees. The value of any given commodity can drop to as much as 95% of its RV before capping.

Jewellery and precious metals can be acquired through various banks or jewellers, with a commission placed to ensure the benefit of the negotiating company.

You can observe the current day's CV in the announcements channel on Game City's official Discord server.