{"id":29413,"date":"2013-12-18T05:06:59","date_gmt":"2013-12-18T05:06:59","guid":{"rendered":"http:\/\/ci027cfe66400726c3"},"modified":"2025-01-29T14:41:50","modified_gmt":"2025-01-29T14:41:50","slug":"digital-commodity-exchange-business-platform-game-seventh-continent-public","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/press-releases\/digital-commodity-exchange-business-platform-game-seventh-continent-public","title":{"rendered":"Digital Commodity Exchange and Business Platform Game on the Seventh Continent is now public"},"content":{"rendered":"
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Disclosure: This is a press release directly from Seventh Continent and is not an endorsement by Bitcoin Magazine. The commodity exchange and gaming platform has not yet been reviewed.<\/em><\/p>\n

What is Seventh Continent?<\/strong><\/p>\n

\u00b7 a business platform and a digital commodity market in Bitcoin;<\/p>\n

\u00b7 a business game;<\/p>\n

\u00b7 an autonomous economy.<\/p>\n

Seventh Continent is a business platform, a market for trading digital products produced by virtual companies owned by the users themselves, registered on the site. Seventh Continent is a Game yet much more than a game: it is real business, as real as digital business can be. Seventh Continent is creating a hybrid between a real money commodity exchange, social media and a gaming platform. Seventh Continent was born from a simple idea:<\/p>\n

1. Register a company in Bitcoin <\/p>\n

2. Purchase resources<\/p>\n

3. Trade<\/p>\n

4. Make profit<\/p>\n

5. Cash out and\/or Reinvest<\/p>\n

\u201cWhen speaking of Bitcoin the term \u2018disruptive\u2019 always outcrops in its many connotations, as a third generation Bitcoin start-up why not try to use the term \u2018constructive\u2019 instead to describe our goal?\u201d specifies Seventh Continent CEO Gregory Harmati about how he wants us to position his venture.<\/p>\n

Seventh Continent is not gambling, it is based on users\u2019 skills and business acumen!<\/p>\n

Seventh Continent is not an exchange between Bitcoin and fiat currencies. It has the potential though for organic conversion between Bitcoin and fiat currencies through trading digital products but this is not its goal.<\/p>\n

Seventh Continent is not a Ponzi-scheme, doesn\u2019t offer any fix or high return on investments, investors are not paid from subsequent investors\u2019 money, users generate their own return, current balance can be withdrawn any time, Seventh Continent stays always solvent!<\/p>\n

Why Seventh Continent and why now?<\/strong><\/p>\n

\u201cBitcoin is used and valued by a constantly enlarging community and Seventh Continent intends to provide it the first economy, a market for Bitcoin users looking for profit making, fair trade and privately run independent businesses,\u201d says N.F. Jeffrey, Seventh Continent Partner.<\/p>\n

Online gaming has created an accepted market which is legal and accepted behavior and the Internet has created financial trust to transact online.<\/p>\n

Internet users have become familiar with virtual marketplaces and are exponentially spending real cash for digital products or services, e-goods and virtual products.<\/p>\n

People are getting bored with the thousands of copycat online social games, and spending real cash for tokens with no real cash exit. Seventh Continent is providing them an exciting alternative with real cash exit!<\/p>\n

An economy based on freedom, transparency and fair play<\/strong><\/p>\n

Seventh Continent Market is totally independent restricted only by supply and demand i.e. users themselves as well as by inherent microeconomic rules. The idea is to offer a new \u201ccontinent\u201d \u2013 the \u201cSeventh Continent\u201d \u2013 to the Bitcoin community where Bitcoin users can do fair and corruption-free business, make profit with their coins, have fun competing with each other. The economy is fine-tuned and users have access to comprehensive instant statistics and business analytics.<\/p>\n

All transactions are carried out on the Market with equal trading opportunities for the users: \u201cOne Market One Trading\u201d model means no OTC trading, no credit risk, no scams, no cheating possible, also prevents monopolistic positions and stealth or fraudulent second market transactions.<\/p>\n

Invested Bitcoin is converted into Continental Euros (digital currency on Seventh Continent) and reconverted into Bitcoin when cashing out. Conversion is absolutely free both ways. Fiat currency deposits work the same way yet withdrawal via PayPal is not free. Free trial is possible using Marks virtual money provided at registration. It is also possible to register business with friends to raise more launch capital; Seventh Continent currently has 45 different business activities users can choose from.<\/p>\n

Better investment than Poker or gambling<\/p>\n

Investment risks on Seventh Continent can be kept to a minimum since customers own the trading businesses (control cash flow and take all decisions) and can have a relatively high influence on prices \u2013 but of course it is not without risk for anyone.<\/p>\n

Seventh Continent remains a real skill game which fosters creativity and business acumen \u2013 rather than unpredictable gambling. Author Gregory Harmati used to say \u201cIt is wiser to invest your money in a business game you control than in gambling others control! Rather bringing to bear your skills for success than training your wrist and wait for dices to do the rest.\u201d<\/p>\n

Mastering<\/strong><\/p>\n

Seventh Continent is not complicated to master; the interface is user friendly consequently does not require a long and discouraging learning process. \u201cIt allows business owners to run their businesses, dipping in and out 24\/7 from any place at any time and ultimately on any device,\u201d explains N.F. Jeffrey.<\/p>\n

When accessing Seventh Continent Market a very large quantity of data is downloaded at once thenceforward constantly refreshed within short intervals. Therefore frontend was initially developed in Flash for speed, security and to give a heightened sensory experience. Because less and less devices and OSs are supporting Flash a new HTML 5 front-end will be available early next year.<\/p>\n

Fees<\/strong><\/p>\n

Seventh Continent charges 0.7 on transactions when users are selling units on the Market or transferring digital currency to each other. Company registration costs 0.01 XBT, however can be free or even provide a positive balance if users enroll each other in the Sponsorship affiliate Program. Both optional services have scalable fees: the automatic trading software Autotrader as well as level upgrades enabling to increase production for the same quantity of resources used. Seventh Continent doesn\u2019t charge anything else:<\/p>\n