Value of Sparkcash

[wunamon]

How is SC valued? who determines this value? how profitable is SC to outspark? 20% profit, 50% profit or 100% profit? what is ur take on the issue?

NB: please do not violate ToS while posting to this thread.
thank you! :) :)

[drigr_x]

After seeing a few posts of the article stating that OS hase ALMOST broken even, I would say that SC is at a negative profit margin still...

[wunamon]

where can i find this article? pls do share the link if u can.

[Stacey]

How is SC valued? who determines this value? how profitable is SC to outspark? 20% profit, 50% profit or 100% profit?

NB: please do not violate ToS while posting to this thread.
thank you! :) :)

Not really sure what you are asking. Can you elaborate more please?

Edit: Drig_x, are you talking about that artice which claims that OS has made $19 million? However, some claims that they have to pay that money back.

[drigr_x]

Not really sure what you are asking. Can you elaborate more please?

Edit: Drig_x, are you talking about that artice which claims that OS has made $19 million? However, some claims that they have to pay that money back.


I think so. I'll find the paragraph in particular that I am reffering to. I just gotta find it. I think it is a page or 2 back...

[silksilk]

FYI

And yet with credit cards IRL money IS just a pixel. You do something for that pixel. But you also do somethin for SC to, you pay for it. And buying an SC item IS like the difference between living in a dump or a mansion loking at it from gaming perspective. You pay for the ncie houses. You also pay to boost your EXP and stop it from going away when you die.

You cant compare something that is infinite to something thats finite and requires machines to print and people to operate those machines.


If the US wanted they could print off a few hundred million $100 bills a day and distribute them. Money IS infinite. Its the government (server capacity) that makes them finite.

I dont think you get it. There can be infinite amount of money anywhere but its takes product each time its printed, may it be the cotton or the paper, you still need those products each time you print a note, but for pixelated items, you can create them anytime at any amount, and never have to use a product or material each time you dupe it.

etc...
etc...

[Stacey]

After seeing a few posts of the article stating that OS hase ALMOST broken even, I would say that SC is at a negative profit margin still...

I think so. I'll find the paragraph in particular that I am reffering to. I just gotta find it. I think it is a page or 2 back...


Found the link--hope this makes it easier for you. :)http://outspark.com/forums/showthread.php?t=213560

[drigr_x]

Found the link--hope this makes it easier for you. :)http://outspark.com/forums/showthread.php?t=213560
Close but wrong one =\

There was something posted on another thread. I guess I'll scower my post history...

[drigr_x]

No wonder I couldn't find it. silksilk and I have gone so far from the topic I completely forgot it was in there.

Choe describes the company as "very near" profitable, possibly going profitable this year depending on what growth decisions it makes. This is an enviable position for a freemium start-up to be in-- Outspark was founded in January of 2007, a mere two years ago. It raises the question of how, exactly, Outspark has managed to roar into the gaming segment of the virtual goods and become so successful so quickly.


This paragraph is where I get the information the OS has yet to "break even" with Fiesta.

(I know double post but I wanted people to see I found it)

[hypergummi]

Sparkcash is valued by real world money (in USD, that you, the player provide), and Outspark determines its actual value (right now, the exchange rate is 700 sparkcash to 1 USD). How much profit they make off of sparkcash is not known...... I'm guessing probably no more than 10% after Outspark pays its overhead

[drigr_x]

Read my quote one post above. According to that source (and I think one or two more) OS hasn't even started making a profit yet...

[hypergummi]

how do you think they have almost paid off their initial 11 mil investment? certainly not by wishes and puppydog kisses

EDIT: and they would have never gotten other investors and another 8.3 mil if they couldn't pay off the first investment loan they got

[drigr_x]

They have to pay off the investors AND their staff. Don't forget that ^^

[hypergummi]

ya... thats all a part of overhead

[wunamon]

[COLOR="DarkRed"]Not really sure what you are asking. Can you elaborate more please?


Sorry for the delay in answering u. My question is that what do u as an individual feel about the value of SC ( spark cash)? How do u feel it is valued and who values it? do u think it is worth what they are charging?

NB: this is not a thread to in anyway influence OS. it is just for community discussion

[tempacc]

Well, since they don't actually have to buy SC to distribute, I'd say it's about a 100% profit. >.>

[hypergummi]

ohhhh i thought you was talking about monetary...... personal value depends on how much you value the items for sale in the cash shop, and if they are worth your buying them.......when i played, it was a good value to me, but i don't play anymore, so it has no value for me :P

[wunamon]

Read my quote one post above. According to that source (and I think one or two more) OS hasn't even started making a profit yet...

I dont know why OS published this info to us. maybe they felt inclined to that's up to them. But usually when such info comes out, it is usually accompanied with some form of accounts details and graphs showing their profit margins and all. And if i am not mistaken the thread by A_geezy says "Congratulations Outspark: Astounding Profits!!"
this indicates that after OS payed what they owe ( costs i.e wages, salaries utilities and operations) the money that remained was nearly $19 million . If that is the case then out spark doesnt owe anyone. they actually have money to go around and therefore can afford price cuts on OS items which seem to go up in price when people are caught up in a financial crisis.

On the other hand i read the story from http://www.virtualgoodsnews.com/2009/07/outspark-takes-83m-for-growth-and-acquisitions.html that they have gained the interest of a group of investors who are willing to cough up $8.3 million as investment in outspark and their interests. this doesn't show that they have either made a profit or not. It only suggests that outspark may be entering new markets in order to boost their profit and in turn become a more valuable asset.
PM me if u dont understand what i have just written out.

[wunamon]

ohhhh i thought you was talking about monetary...... personal value depends on how much you value the items for sale in the cash shop, and if they are worth your buying them.......when i played, it was a good value to me, but i don't play anymore, so it has no value for me :P

I admire that line of thinking but i have to say that in more words than one it is flawed in academic reasoning. I do get ur point though very simple way of putting things. thank you for ur contribution.

[hypergummi]

I dont know why OS published this info to us. maybe they felt inclined to that's up to them. But usually when such info comes out, it is usually accompanied with some form of accounts details and graphs showing their profit margins and all. And if i am not mistaken the thread by A_geezy says "Congratulations Outspark: Astounding Profits!!"
this indicates that after OS payed what they owe ( costs i.e wages, salaries utilities and operations) the money that remained was nearly $19 million . If that is the case then out spark doesnt owe anyone. they actually have money to go around and therefore can afford price cuts on OS items which seem to go up in price when people are caught up in a financial crisis.

On the other hand i read the story from http://www.virtualgoodsnews.com/2009/07/outspark-takes-83m-for-growth-and-acquisitions.html that they have gained the interest of a group of investors who are willing to cough up $8.3 million as investment in outspark and their interests. this doesn't show that they have either made a profit or not. It only suggests that outspark may be entering new markets in order to boost their profit and in turn become a more valuable asset.
PM me if u dont understand what i have just written out.

lol that 19 mil is a total of what other companies have invested in outspark, not how much money they have.........the first investment was for 11 mil, and this recent investment is for 8.3 mil........this is money that they do have to pay back, along the terms agreed to when they got the money, so this is by no means profit.

[hypergummi]

I admire that line of thinking but i have to say that in more words than one it is flawed in academic reasoning. I do get ur point though very simple way of putting things. thank you for ur contribution.

ummmm you asked my personal oninion on what sparkcash was worth to me, and i told you...... how can my personal opinion be flawed if thats what you asked for?

[wunamon]

ummmm you asked my personal oninion on what sparkcash was worth to me, and i told you...... how can my personal opinion be flawed if thats what you asked for?

OMG i really did not mean it like that. I respect ur opinion fully and did not intend to debunk it in anyway. It was just a comment on it and how very simplistic it was. I actually admired it. I said it was flawed because it was literal look on the topic. I apologize for that.