New Share Issue system20.12.2021 - While a friend sent me link to New share issue written on the blog. While it all sound goods in theory. In practice is what I wish to inform you on. Chevy must do both share issue to "Pay to close the Gap" in Developers terms. In my words is still pay to win and even then coming up 35% short.
That does mean we now get 65% of the diffrence from the top earning team. But unlike before auctions only sell the amount of shares equal to total amount of 500 coin value. So if auction only gets bids of 100 coins only 100 coins value of shares will be auctioned.
So where is that a problem. It is when they do not sell at auction and someone has to buy them for the next. This is case with Chevy we offered them up twice and only about a 1/3 of the shares sold. But In order for me to Buy them off the market for second share offering. Guess what it cost me the full 500 coins.
Now I understand the manipulation by managers who happen to be share holders complaining they did not have a chance to buy them. All i have to do as team manager is to send them to Auction Once and the had their opportunity.
This Whole new system only protects the Fairness at the top. They have to really spend no real money. But teams at the bottom Must spend about 40 Euros a season to get 65% on the second share issue .. You can Call it "buying to close the Bap!" But for the Bottom F1 teams it is paying to play while the top teams Play for Free. Sounds fair!
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