Auction Guideline of HPBLAND

Overview

1、HPBLAND is a virtual world funded by HPB Foundation for the HPB community. HPBLAND consists of 9 territories, and 8100 (90 x 90) parcels in total.

2、The first territory consists of 900 parcels, locating at the bottom left of the HPBLAND, 90 of which will be available in the coming auction.

3、The Mining Pool: The initial mining pool is 60,000HPB, funded by the HPB Foundation, and it will be released gradually with the development of the island. Part of the income of selling parcels and buildings will be included in the mining pool. The mining pool of the second territory will be independent from the first territory, until the opening of the third territory. Every time a new territory opens, the mining pool of the previous territory will be combined with the overall mining pool.

4、The Materials: Materials can be imported from NeoWorld’s mainland, with applicable tariffs. Players can also build the material factory in the island to produce materials.

5、HRO: HRO represents the rights on HPBLAND, and is an essential material for participating in island construction. It’s stipulated thatthe maximum amount of HRO is 10 million, and each district has a production capacity of 1 million. The presale event of HRO will be carried out in NeoWorld before the opening of the first territory inHPBLAND. For more rules, please refer to the detailed announcement before the presale event. (Note: The presale is only for players with no less than 10 in-game NESTs.)

6、Transportation: With the HPBLAND PASS, playersare allowed to pass all territories on HPBLAND for free within a certain period of time. For the players who do not have an HPBLAND PASS, they will have to pay for a corresponding transportation fee.

Preparation

1、Only registered users can participate in the auction of the first territory of HPBLAND. You can register a new account from the following address: https://neoworld.io/account/signup?invite_channel=HPB

2、HPB is the only supported currency in the auction.

3、Players need to deposit HPBin the corresponding address before the auction.During the auction, players can transfer HPBto the auction system. Transferring in and out of the account is supported, though there will be a certain period of cool-down time. No transaction fee will be charged.

4、At the end of the auction, the balance will be transferred back to the game account.

Auction Time

Time Start: 12:00 pm, 9th August, Friday (GMT+8)
Duration: 24 hours x 7 days
Time End: 12:00 pm, 16th August, Friday (GMT+8)

Additional Rules upon Parcel

1、The parcels are graded as 5 ranks: S, A, B, C, D – based on “potential”. The higher the potential of the parcel, the higher the initial price, and more “features” available to develop the parcel.

2、All parcels can get “feature”.Those features include enhancing the production of certain material, additional add-on for certain industry, etc. It is also possible to have multiple features on the same parcel, and the maximum number of features depends on the potential grade. Certain types of parcels have default features, and more features can be gradually unlocked by improving the development level of the parcels.

The mapping between maximum number of features and potential grade is as follows:

Certain types of parcel have default features, the details are as following:

Note:No complimentary building will be given for buying RO Enhanced and High-Tech Enhanced after islands are opened.

3、Apart from the default features, other features of the parcel can be developed or reset when the parcel’s development level meets the requirements. A parcel’s development level can be increased by “investing” in the parcel.

Auction of the Parcel

The first territory consists of 900 parcels, 90 of which will be available in the auction. Quantities of various parcels and the actual quantities in auction are presented below:

The parcels which are not bid by anyone will be provided as the unclaimed parcels, all players can buy any parcel from system directly after the island is available to the public.

The price will depend on the auction/sale price of the same parcel type in previous transactions.As the available number of parcel decreases, the price of that type of parcel will also increase.

The price formula is: Price = average auction/sale price of the same parcel type * factor. The value of the factor will be announced before the island opening.

Auction Rules

1、The initial price of each parcel is decided by the potential grade.

2、Bids must be higher than 1 HPB. The next bid must be 1% higher than the current highest record.

3、After bidding for one parcel, the corresponding amount ofHPB will be frozen, and players cannot use the frozen bid amount to bid on other parcels.

4、Players can withdraw the bid for another parcel only when the bid is not the highest in the current auction. No fees will be charged for withdrawals.

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 duration of an auction will reset with each bid. Rules are as follows:

a) for each bidding, the end time is the current time plus X.
In earlier stage of the auction, X = 24 hours.

e.g. after someone bids for a certain parcel, if no one bids it with a higher price in the next coming 24 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 minutes.

b) If the parcel auctionends after the stipulated time (12pm, 16th August, GMT+8), then the end time should be subject to the stipulated time.

MISC

1、One HPBLAND PASS (Permanent) will be given to the owner for each parcel auctioned. The owner may activate it to gain permanent FREE re-entry rights to HPBLAND. An unactivated PASS may be sold in the market.

2、Special building Monument will be built on the Saint parcel. For the functions of Monument, please refer to the Introduction.

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