Next Island and MindArk have been closely monitoring the popularity and performance of Ancient Greece shares since their release, and have agreed to take efforts to improve revenue share distributions for Ancient Greece shareholders.
The Next Island team has been humbled by and thankful for the community’s support of our efforts to breathe new life into Next Island. Your faith in our development and contributions to the community of our planet means a lot to our hard-working team. In turn, we feel we have enough information at this point to make a sensible reduction in the total number of Ancient Greece shares available, which will of course increase revenue share distributions for current and future shareholders.
Accordingly, 350,000 Ancient Greece shares will soon be removed from Next Island’s remaining (unsold) share holdings, resulting in 400,000 total outstanding Ancient Greece shares (compared to the 750,000 shares originally created). This new total number of shares will continue to receive 50% of Next Island’s portion of Ancient Greece revenue, and thus represents a significant increase in expected revenue distributions per share.
We feel that this change will position Ancient Greece shares on a par with other successful share and deed offerings in Entropia Universe, while still providing ample resources for our team to continue expanding and improving Next Island and Ancient Greece moving forward.
Thank you for your continued support,
Next Island Development Team.