The dream land NEOLAND has 8,100 (90*90) plots of lands. Land value could be affected by servals factors, such as locations near to the coastline or CBD areas; and resource factors, such as wood, steel, stone, high-tech materials and etc. Land value also depends on the development of the economy, such as technology, afforestation, etc. Therefore, it’s essential to construct and operate more carefully.
Introduction of NEOLAND
NEOLAND has an independent financial fund.
The revenue sources of it include but are not limited to the following aspects:
1) revenue from land auction sales;
2) transaction fee income;
3) customs revenue;
4) other income.
The Origin Land in this auction is located southwest of NEOLAND. It consists of 16 CBD lands, 59 coastal lands and 825 ordinary lands. In order to help residents carry out economic construction more quickly, the land of origin has been supported with 4000 NEO as the initial financial fund. At the same time, 70% of the auction revenue will be added to the financial funds of NEOLAND.
Auction Rules for NEOLAND
① NEO is the only token supported during this auction.
② Players need to deposit NEO into the account from the official website https://neoworld.io/account/billing_neo, and then transfer NEO into the auction centre.
During auction, players can transfer NEO in and out of the account freely, though there will be a certain period of cooling down time. No transaction fee will be charged.
③ At the end of auction, the balance will be transferred back to the game account.
2. Auction Time
Begin Date: Dec. 27th at 22:00 pm (GMT+8) ,2018.
Duration: 7 days
End Date: Jan. 3rd 22:00 at 22:00 pm (GMT+8) ,2019.
3. Land Attributes
Some lands have special attributes listed as following:
*Coastline (Starting price: 10NEO):
players could build airports and wharf here, thus to provide a lower-cost access for other players to go to other continents. Revenues generated from airports and wharf (after tax) belongs to the building owner.
*CBD (Initial price: 50NEO):
players could build special buildings with special functions here.
*Lumber Lands (Initial price: 3NEO):
Players build timber mills here, and the production of woods will increase 30%.
*Stone Lands (Initial price: 3NEO):
Players build stone factories here, and the production of stone will increase 30%.
*Steel Lands (Initial price: 3NEO):
Players build steel factories here, and the production of steel will increase 30%.
*High-tech material Lands (Initial price: 15NEO):
Players build high-tech material factories here, and the production of high-tech materials will increase 10%.
*Rare Ore Lands (Initial price: 20NEO):
Players build mineral factories here, and the production of rare ore (NRO) will increase 10%.
*Ordinary Lands (Initial price: 1NEO):
There is no additional attribute on ordinary land.
There is at most ONE attribute for each land.
4. Auction Rules
① The initial price of the each land is decided by the attribute.
② Bids must be multiples of 0.1 NEO and greater than the current bid.
③ After bidding for one land, that amount of NEO will be frozen that players cannot use it to bid other lands.
④ Players can withdraw the bid only when he’s not the highest bidder. No fees would be charged if withdraw.
⑤ When the auction time runs out, the land automatically belongs to the bidder with highest price and will not be auctioned again.
⑥ The auction end time will be changed according to the bidding each time. Here are the details:
a.for each bidding, the end time is the current time plus X.
In earlier stage of the auction, X = 12.
e.g., after someone bids for a certain land, if no one bids it with a higher price in the next coming 12 hours, then this auction ends.
In the last 24 hours of the auction, X will be halved for each biding, the lowest time is 10 mins.
b. If the calculated auction end time is greater than the auction stop time (Jan. 3rd at 22:00 pm, GMT+8), then the auction ends according to the latter.
Lands that no one bids during the auction will be put on sale after NeoLand officially released. Purchasing price will be its initial price in auction.