shinnneeeh :D

Think it my way : Once the bank goes broke, you lose most of your money and can't get it back.....

This is actually a very good idea. Nice going man.

Sadly there really is no guarantee to this working. I'd like to help you with this and I'd like to use it. IGN: Mrgrey

I have a few ideas that will help with the scamming of customers issues. Mail me in-game please.

if you havent noticed yet, hes getting his profit from the interest on loans, which is 4 times as high as the deposit interest

I've met with Ariav, it's not a scam. I'm helping to ensure this is more workable. Please if you have concerns with scamming issues mail me in-game and I'll talk with Ariav to combat issues. This is a GOOD idea, it's the execution that needs to be worked out. We're working on it, and the sooner we figure it out the better. I can't say exactly what we're doing at this moment for 2 reasons 1) Ariav started it, so it's not my place 2) I feel if we say exactly how it will work it will give scammers a better chance to figure a way out to scam us.

I tried to e-mail you but couldn't. Can you e-mail me, that way I'll have your e-mail?

If the bank begins failing, how will you guarantee your customers their money back? :/

I think I wanna join :D

Hey, after you scam me I'll take a 1mil loan from the bank and mail it to an alt!
oops, did I say that out loud

I referred to the previous post.

Concluded it is a scam.

This is not a scam, people! I tell ya!

Mr. Unknown 1 offers you to give him tons of money for no reason, he'll keep it till you decide to take it back.
Mr. Unknown 2 confirms he met mr. Unknown 1 in the game and its not a scam! Must be real!!! Because we all trust mr. Unknown 2!

Let me sum it up:
Its not a scam!
Just let me loan my million crowns and be on my way. Oh, and I'll be taking the loan with my alt's alt's alt's alt so you'll never know who actually ran off with the money xD

/sarcasm
Obvious scam. Why would you want to deposit crowns in SK in the first place? Its faster to go down the clockworks and make some money yourself. Even if you do lend some money, it'll take a while (if you don't play 24/7) to return it all. And before you loan, someone needs to deposit equal or higher amount...
I see neither reason nor a simple way for this to exist in the Spiral Knights universe. Most likely its a scam with a sole purpose of gathering money from players and disappearing.

It could be something else but I don't like taking a one-in-a-million chance, its just too unrealistic. Its same as buying a couple of boxes in hopes of getting a 2% chance item. You'll need couple hundred, not couple, and chances are you won't get it anyways.

^^^^^

I honest to goodness think this is nothing but shmuck bait. A bank wherein someone can simply loan you CR? OK, time to loan out a million crowns, send it around an alt network tracing through shell Knight after shell Knight and then get it to myself.

A.K.A: NOPE.MP4

Gee, guys, who told you, you HAVE to trust him?
If you don't trust him, then don't, you have your reasons and that's cool, but some people actually think this idea is nice and they are joining at their own risk.

But Yveltal is right, that idea has nothing to do with banks. It's more like a private Safe to me with some essence of the Bank... just sayin'.

My own way of "banking" is just trading Crowns->Energy and vice versa. I know i'll get less money from Energy->Crowns transfer but always something.

Considering the amount of work put in to this, I will push my cynicism aside for a second and think this is real. Even if this is real, there are several reasons that I won't join.

1. I know the history of banks...the way banks used to work was exactly like this, and that can be scary. If a bank went broke for one reason or another, anyone with their money in the bank lost EVERYTHING, there was no guarantee of at least some repayment, and this is why we have the FDIC in the united states. In summation, no guarantee on my money, then my money won't be deposited.

2. Even though I am inclined to believe that this is not a scam, the possibility is still there, and there is nothing that could be done about it if this is a scam.

3. Even if the enterprise is legitimate at the start, there is nothing that says corruption won't become a part of it.

I (for some reason) trust Ariav, and highly doubt this is a scam. However, it's effectiveness is rather questionable. The least you can do, for one, to add credibility points, is post screenshots.

Also, you may want to go over some key ideas: What's the purpose of the bank? What benefit do people have of using the bank? Thinking from a possible client's perspective, what would make you feel distrusting of your bank, and what would make you feel more certain of its reliability?

You may also want to consider creating your official documents in Google Docs, and post the link to it here, so that clients can keep track of their current fiscal transactions. Doing so will provide not only increased 'believability', but also better service for your clients.

And if you truly believe in what you're doing, say so. Explain YOUR purpose for doing this. Like a TED talk I saw a while back, it's not the product the user wants, it's the share in beliefs that drive them in decisions. So what if you're making a bank? Why do you believe that a bank would be beneficial? Why do you believe it will help players, if of course that is part of your belief. Things like these will build a stronger sense of realism and purpose, for your service.

I thought about it some more, and I think that the loaning system should be revised. Until further use of the system, I think you should consider scaling the interest from the loans, but again, just put it into consideration until people have actually taken out loans of varying amounts.

Also, more importantly, you need to place in a limit guard. Just like depositing, you need a limit as to how much the loan can gain through interest. Perhaps having a general time limit default, like one week or two weeks depending on the amount loaned, or up to a month upon the clients request. Once that time has passed, you can no longer charge interest, and the client, depending on the circumstance (I.e. They talk to you saying that they didn't have enough time to play, or that their computer broke, basically an excuse; or if they just took the money and vanished, no excuse) can either be banned from the bank system, or be given a warning/have certain privileges revoked, such as decreasing them a level.

That way, clients can't build up an indefinite amount of interest, and it makes it more likely for them to return the loan. And it's a bit early to say so, but perhaps you can have different forms of bank accounts. Such as savings, where you gain interest at a greater rate but it costs a bit to withdraw money, depending on when you deposited/the last time you withdrew money.

Things like this will create a much more dynamic and useful banking system.

Hey Everyone,

Glad to see this got moving along.

@Hexlash Previous to your comment I actually suggested, and then created a google doc spread sheet for us (when I first met with Ariav).

History on how I was involved (in case it will help earn trust):

When I first applied to help out Ariav, he told me "Prove you're not a scammer". I met with him in game and explained for a half hour why I wanted to help and why I wouldn't scam. My base points were these:

1. I want to help because I see that the long term players ask OOO for many things via suggestions forums, but are often unanswered. A banking system like this would be very nice because we all have problems making money if we're not rich. I also feel that it's hard to figure out how to spend your money when you don't have a ton saved, or learn how to start making money when you have none to buy anything for selling purposes.
2. I want to help the community. I am an animation student in SF, CA and the game industry is included in my profession. I would love to be involved in the community of something that already has something to do with me professionally anyways. I think that having something like this breathes new life into SK, and will give people more hopes that the game isn't dying and will get better.
3. I don't need to scam anyone. As I said I'm a student at a university right now. I have real life problems, and ideas I focus on. Scamming people in this game takes time and effort I don't have to spare. Between working, school, homework, and being a student representative at school I just wouldn't benefit from scamming people- if anything that time used would hurt me in the long run.