Frequently asked questions

1. How do I start the Game on the Seventh Continent? Register your company at the Registrar of Companies; beforehand check out activities and required investment in the Product and Services Chart. You may also double check demand for your future products or services in the Statistics window. Fill out the registration form and start your business.
   To start a company, you must invest a certain amount of capital. Deposit Bitcoin (or buy BTC for fiat currency form other users) to start your business in digital currency for real profit, or use your Marks, the virtual currency you received at registration to try out the Market for free. Be successful and withdraw profit in Bitcoin (or in fiat currency)!
2. I have recurrent technical problems. What shall I do? The Game on the Seventh Continent is composed of a web-based application and a downloadable MMO available later, both connected but independently run. If you have a problem with the website, you may download a new version of your browser, change the settings of your firewall or check your anti-virus program in order to allow all pages to work correctly.
   If you do not receive data as fast as expected, please make sure that you are not running other bandwidth-consuming software on your computer, such as file sharing, Windows Update, web server, etc. To ensure a smooth experience, turn these applications off when you are trading on Seventh Continent Market. Please note that the bandwidth you pay for is not always the same as what you get. Please check that your actual bandwidth is high enough.
   We do not recommend using the Seventh Continent on a wireless network because as a general rule wireless solutions are not as secure and are not safe environments. Unless properly encrypted, these solutions can jeopardize your business accounts, among other things.
3. Can I participate for free? Yes. Participation in the Game on the Seventh Continent is absolutely free of charge for everyone. In order to increase server performances however, operator can introduce at any time at his sole discretion a onetime registration fee for any new registration.
4. Do I have virtual currency when I begin my business? Yes. When you register you automatically receive 7,777 Marks, the virtual currency of the Seventh Continent.
5. Do I have real currency credit when I start my business? No. However anyone can start business in Bitcoin or in fiat currency and make real profit.
6. Why should I trade in real currency? When you start trading in Bitcoin you will make real money on the Seventh Continent: this means you buy and sell digital products in real currency. You can withdraw profit directly in Bitcoin or in fiat currency.
7. Can I do business in both currencies? Yes. It is possible to do business in both Bitcoin and Mark at the same time.
8. Can I exchange virtual currency for real currency? No. Both BTC and Mark virtual currency trading platforms are separated.
9. Are there fixed prices for products or services? No, of course not. There are no fixed prices for products or services. Participants determine the value of everything, or more precisely, the market is determined by supply and demand. That is why business is very flexible on the Seventh Continent.
10. Do I have a separate account for my company and for myself? How does it work? Yes. All citizens of the Seventh Continent have a personal virtual account in BTC, in Mark and in USD. Companies have their own separate virtual accounts.
11. What is a Bitcoin account on Seventh Continent? Do I receive one automatically? If you decide to do business in Bitcoin, (i) you deposit BTC or (ii) buy BTC from other citizens directly on the Market of the 7C after you desposited USD (iii) or exchange your USD directly to Bitcoin via instacoins available in 7C Banking. Once you deposited Bitcoin on your 7C account go ahead and register a company in Bitcoin. Your company will automatically have a Bitcoin account on 7Ct. Please keep in mind that 0.7 transaction costs apply for both market transactions and money transfer on the 7C Marketplace.
12. How can I withdraw Bitcoins I earned on Seventh Continent? You are absolutely free to withdraw your Bitcoins earned at any time to a Bitcoin address of your choice, no charges apply.
13. How does it work when a company has more than one owner? When registering a company with multiple owners, shares shall be divided among shareholders. The bigger the share you possess in a company, the greater weight your vote will have on the board. All other decisions (sales, purchases or inventory management) will be taken by the Executive Director. The more shares you own, the greater chance you have to become the Executive Director; however this is not an obligation.
    Dividends will be divided among owners following their shares in the company.
14. Who runs the business when a company has more than one owner? Business is a matter of confidence and mutual respect. Therefore owners of a company shall decide who the Executive Director will be at time of registration. The Executive Director will have full access to the main interface of the company, being able to realize transactions and other deals. The capital of the multiple owner company shall be raised by the owners themselves proportionally to their shares. Owners of the company will always be allowed to follow the development history of the company; transactions are realized however by the Executive Director only. In case of mismanagement of the company, the Executive Director can be dismissed upon the initiative of the shareholders by a vote. Vote is realized within a maximum of 72 hours. The new Executive Director will be selected among the shareholders.
15. Why is it advantageous to create a company with multiple owners? A company that has several owners is by definition stronger than a company that has only one owner. This is because multiple owners can raise more funds and provide expertise and support to the business. Basically, a company with multiple owners is stronger, having more funds and assets, consequently a larger production capacity.
16. What is a transaction on the Seventh Continent? A transaction on Seventh Continent Market is carried out between registered participants, i.e. the citizens or between companies they own. When you realize a transaction in BTC, your virtual BTC account will be credited or debited. When carried out in Mark, the virtual currency of the Seventh Continent, you will see your virtual Mark account credited or debited.
    There is also an automatic transaction system called Robot Trader available for your company to make your business management comfortable, even if you are not sitting in front of your computer every day. This system allows you to place automatic purchases on the Market. It is also very efficient if you want to find the lowest prices on the Market before anyone else!
17. Can I transfer money to another participant? Yes. Money can be transferred between citizens of Seventh Continent and between companies regardless of the amount. A 0.7% money transfer fee does apply for all money transfers.
18. Can I register a company for free? Yes. You can register a company called a Global Business License Company (GBLC) on the Seventh Continent for free i.e. in Marks you received when you started the Game. That means you do not have to pay anything in real currency. However, you can start business in Bitcoin to make a real profit; to do so credit your virtual BTC account or buy BTC from other citizens for fiat currency.
19. Is there any advantage to operate a company in BTC? Yes. Your company has many advantages when operated in BTC. Some comparative advantages are: making real profit, upgrading up to 10 levels, ensuring a more efficient development of your business, the ability to sell branded products or services for extra income.
20. Does my company have maintenance costs? No. Businesses do not have maintenance costs on the Seventh Continent, unlike companies on the other six continents.
21. Can I place ads on my company's building or in the windows of my business? Yes, this feature will be introduced later. When you decide to create your company in BTC you have the ability to place advertisements for additional income. It is best when ads are related to your business activities on the Seventh Continent. You may later download advertisements from our database.
22. How do I choose an activity for my business? Before you make up your mind, we advise you to consult the Products and Services Chart of the Seventh Continent to visualize and understand the production and service chains available, to see what kind of products or services the type of company you have chosen can offer. You may also look in the Statistics for supply and demand for each product or service as well as for price history.
23. Can I choose more than one activity for my company? No. One company can only have one activity. This allows comprehensive access to your company's interface and provides a clear message to your customers concerning your business profile. You may own several companies if you wish to operate on several levels of the same production and service chain or operate in different sectors on the Seventh Continent.
24. Can I own more than one company? Yes. You can have as many companies as you wish. You just have to focus on your personal strategy and choose the activity of your companies accordingly. Therefore we advise you to diversify your business activities and be present on different levels of the production chain.
25. Can I upgrade, enlarge, and/or boost the efficiency of my company? Yes. You can improve the business capacity of your company by enlarging it. The size of your company depends only on your financial means. There are, however, ten levels: at each level your production will increase 10%. Only two levels are available for companies created for free in Marks. Efficiency can only be upgraded to 100% by using appropriate boosters.
26. Can I select the name of an existing corporation for my company? No. You cannot choose the name of an existing corporation operating on the other six continents for your GBLC. Nevertheless you may choose this option if you are the owner, representative or agent of that particular corporation. In this case special tariffs will apply. Please contact us for more details.
27. Should I have an address in the City? Yes. In order to do business, you must have an address for your Global Business License Company (GBLC) you rent or buy. Hint: You may increase your GBLC depot capacity at any time when renting or buying more real estate.
28. Where do I buy or sell raw materials, products and services? How does it work? You buy and sell raw materials, products and services exclusively on the Market. The Market is the main interface to realize transactions in real time in BTC as well as in Mark. The Market is open to everyone on an equal basis. You may also place automatic transactions through Robot Trader.
29. Can I withdraw an offer I placed on the Market? Yes. When you place goods for sale on the Market, you have the ability to withdraw them at any time or to modify the quantity and/or price in both currencies, until of course someone buys them. Remember that 0.7% transaction fee is debited on all transactions and an offer withdrawal is also considered a transaction on the Market. Goods placed on the Market will be available 72 hours, after this time they will be returned to your storage if not sold.
30. Am I allowed to transfer any goods between my companies without having to place an offer on the Market? If you own more than one company created in the same denomination i.e. in BTC, you are allowed to transfer materials from one to another free of charge. It is obviously not allowed if the company has more than one owner.
31. Is it possible to transfer products between participants as a gift? The Market is the only place where materials, products and services are exchanged between the participants. No other transaction is allowed.
32. What happens to my company if I do not carry out any business transactions for a certain period of time? Business is a serious task. You will have to manage your company on a daily basis, even if it takes just a few minutes. The general rule is that your company loses 5% of efficiency with every day when not managed.
    The good news is, however, that you can boost the efficiency of your company up to 100% by using appropriate boosters (coffee and cigars) when you come back to it after a certain period of time.
33. Can I sell my company? Yes. You can sell shares of your company at any time and register a new one.
34. Can I rent or own real estate in the City of the Seventh Continent? Yes. You can rent at any time or purchase real estate in the City of the Seventh Continent if you have a registered company. You may rent or own multiple properties for your companies. Note that you cannot stock products if you do not have a company. You can also speculate in real estate and make money.