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July 3[]

http://gaiansunited.com/platinum-is-gaias-new-currency-exchange-rate-is-10-million-to-1-2/

July 13[]

http://gaiansunited.com/lanzer-journal-update-confirms-platinum-as-new-currency/

July 28[]

http://gaiansunited.com/will-platinum-granting-system-initially-skyrocket-inflation/

July 29[]

http://gaiansunited.com/platinum-to-be-released-monday-without-new-gold-grant-system-2/

July 31[]

Platinum Currency FAQ


This guide is to help answer some common questions and provide some insight into the new currency, platinum.

  • What is Platinum?

Platinum is a new type of currency system.

  • Why was Platinum created?

Platinum was created to help deal with inflation and is easier to use as the numbers are much smaller.

  • Why should I use Platinum currency?

Not only will prices be easier to read, but all features on Gaia will grant much more platinum across the board.

  • What is going to happen to the Gold currency?

Nothing is going to happen to it as of right now. Even with the platinum currency system in place, you are able to still use to gold currency.

  • What is the conversion rate from Gold to Platinum?

The current ratio of gold to Platinum is 10m (10,000,000) gold to 1 platinum. However, grants for different features will change dramatically once platinum currency is enabled for your account. However, grant amounts should remain the same when you have gold chosen as your currency.

  • How do I switch to Platinum?

New accounts should default to platinum. To change your currency preference, you can go to account settings and you will see a section for currency.

  • Ss+(2017-07-31+at+01.01.45)
  • How do I know which currency I'm currently using?
    • You will know based on the symbol by the amount shown.
    • Gold Currency Ss+(2017-07-31+at+12.59.13)
    • Platinum Currency Ss+(2017-07-31+at+01.02.16)
  • Can I switch back if I prefer the other currency?

If you prefer one currency or want to interchange them periodically, you can do so. The switch is not permanent. However, when switching from gold to platinum, if you have less than one platinum, your amount will display zero.

  • Will the switch affect my entire Gold amount?

Your gold currency shown will now show completely in platinum once you have selected platinum.

  • Can I trade with Platinum?

Yes, and if the other party is using gold, they will see 10m gold for every platinum traded. Even if the person you are trading with is using the gold currency, the system will do the conversion no matter which currency you are using.

  • What if the person I am trading with is sending me the conversion rate amount?

Trades has been updated to accommodate trades between both currencies. There is now a minimum of 10m gold when trading. The amount traded will be rounded up to the current exchange rate that will equal one platinum. Currency amounts will display depending on your setting.

If someone tries to put in a lower amount, he or she will get the following message.

  • Ss+(2017-07-31+at+01.25.29)
  • Can I use Platinum in the Marketplace and the Gold shops?

The currency will work in both locations.

  • What if the Gold Shop price for the item I want is less than the current conversion rate?

The item will still cost one platinum. However, buying tokens and other cheap items in gold and then selling them back to the store for platinum, the sellback code will now grant the gold sellback value. Depending on the current rate, it might take more than one item being sold back before your platinum count goes up.

  • What about the other x amount I had?

The system still has that amount logged and will continue to add the smaller gold amounts to it should you ever decide to convert back.

  • When I play Lake Kindred, zOMG or any other games which currency will I receive?

Once you switched over to platinum, ALL games will be granting platinum. Flash games have yet to be updated to display platinum icons, but the amount will be in platinum denomination.

  • How much does it cost to tip a post with Platinum?

Tipping has been updated to use one platinum as the tip amount when using platinum currency.

  • What if I get offers that are in the opposite currency to what I am using?

As long as those offers equal at least one platinum, you will be able to accept those offers and trade.

  • If I list my item in the Market Place for gold but someone pays in Platinum, do I lose Gold I would have gotten?

Marketplace pages have been updated to display the correct currency amount. There is now a minimum gold requirement that must meet one platinum when listing an item. This applies to bid, buy now price and increment. The price entered for the item, will be rounded up to the nearest millionth.

  • What if bets or other offers are in gold amounts less than the conversion rate?

Bets that are lower than the conversion for one platinum should not be accepted as the trade will not go through.

  • Does Platinum work for Outfit Slots?

Yes! Once you have converted over to platinum, the buy slots section will change to show you the new pricing.

  • Will I be able to use Platinum in Alchemy?

The crafting cost of formulas has been updated so that if you have platinum as your preference, it will convert the display, with a minimum of costing one platinum.

  • What other features have been updated to grant or will accept the Platinum currency?

Aquariums grants have been updated. The Arenas rewards have been updated and will vary in amount by day, depending on how active the feature is. Friend Chats lease cost has been updated to display correctly. Homes related costs have been updated to convert to platinum when using platinum. Marriage related costs have been updated to convert to platinum based amounts when using platinum currency.

  • Can I play Golden Catch while using Platinum?

The cost to play Golden Catch has been updated to display in platinum when using platinum currency.

  • Will the Avatar Builder show pricing in Platinum?

Item prices listed under this features pages have been updated to display in platinum when using platinum currency. Other features that will now show platinum once selected are Signature Export and Inventory worth. Inventory worth item sell back price and marketplace price have been updated to display correctly based on your currency. When selling an item back, the price will be converted to platinum.

  • What if I want to donate to a Guild or buy a subforum when using Platinum?

Donations to the guild should be handled properly, whether on gold or platinum. Deductions from the guild account will remain as is, irrespective of currency preference.

  • Does Platinum work with Runway?

Runway rewards have been updated to subscribe to the new effort system. Grant amounts will vary by day depending on how active the feature is.

August 07[]

Platinum Currency FAQ


This guide is to help answer some common questions and provide some insight into the new currency, platinum.

  • What is Platinum?

Platinum is a new type of currency system.

  • Why was Platinum created?

Platinum was created to help deal with inflation and is easier to use as the numbers are much smaller.

  • Why should I use Platinum currency?

Not only will prices be easier to read, but all features on Gaia will grant much more platinum across the board.

  • What is going to happen to the Gold currency?

Nothing is going to happen to it as of right now. Even with the platinum currency system in place, you are able to still use to gold currency.

  • What is the conversion rate from Gold to Platinum?

The current ratio of gold to Platinum is 10m (10,000,000) gold to 1 platinum. However, grants for different features will change dramatically once platinum currency is enabled for your account. However, grant amounts should remain the same when you have gold chosen as your currency.

  • How do I switch to Platinum?

New accounts should default to platinum. To change your currency preference, you can go to account settings and you will see a section for currency. User Image - Blocked by "Display Image" Settings. Click to show.

  • How do I know which currency I'm currently using?
    • You will know based on the symbol by the amount shown.
    • Gold Currency User Image - Blocked by "Display Image" Settings. Click to show.
    • Platinum Currency User Image - Blocked by "Display Image" Settings. Click to show.
  • Can I switch back if I prefer the other currency?

If you prefer one currency or want to interchange them periodically, you can do so. The switch is not permanent. However, when switching from gold to platinum, if you have less than one platinum, your amount will display zero.

  • Will the switch affect my entire Gold amount?

Your gold currency shown will now show completely in platinum once you have selected platinum.

  • Can I trade with Platinum?

Yes, and if the other party is using gold, they will see 10m gold for every platinum traded. Even if the person you are trading with is using the gold currency, the system will do the conversion no matter which currency you are using.

  • What if the person I am trading with is sending me the conversion rate amount?

Trades has been updated to accommodate trades between both currencies. There is now a minimum of 10m gold when trading. The amount traded will be rounded up to the current exchange rate that will equal one platinum. Currency amounts will display depending on your setting.

  • If someone tries to put in a lower amount, he or she will get the following message.

User Image - Blocked by "Display Image" Settings. Click to show.

  • Can I use Platinum in the Marketplace and the Gold shops?

The currency will work in both locations.

  • What if the Gold Shop price for the item I want is less than the current conversion rate?

The item will still cost one platinum. However, buying tokens and other cheap items in gold and then selling them back to the store for platinum, the sellback code will now grant the gold sellback value. Depending on the current rate, it might take more than one item being sold back before your platinum count goes up.

  • What about the other x amount I had?

The system still has that amount logged and will continue to add the smaller gold amounts to it should you ever decide to convert back.

  • When I play Lake Kindred, zOMG or any other games which currency will I receive?

Once you switched over to platinum, ALL games will be granting platinum. Flash games have yet to be updated to display platinum icons, but the amount will be in platinum denomination.

  • How much does it cost to tip a post with Platinum?

Tipping has been updated to use one platinum as the tip amount when using platinum currency.

  • What if I get offers that are in the opposite currency to what I am using?

As long as those offers equal at least one platinum, you will be able to accept those offers and trade.

  • If I list my item in the Market Place for gold but someone pays in Platinum, do I lose Gold I would have gotten?

Marketplace pages have been updated to display the correct currency amount. There is now a minimum gold requirement that must meet one platinum when listing an item. This applies to bid, buy now price and increment. The price entered for the item, will be rounded up to the nearest millionth.

  • What if bets or other offers are in gold amounts less than the conversion rate?

Bets that are lower than the conversion for one platinum should not be accepted as the trade will not go through.

  • Does Platinum work for Outfit Slots?

Yes! Once you have converted over to platinum, the buy slots section will change to show you the new pricing.

  • Will I be able to use Platinum in Alchemy?

The crafting cost of formulas has been updated so that if you have platinum as your preference, it will convert the display, with a minimum of costing one platinum.

  • What other features have been updated to grant or will accept the Platinum currency?

Aquariums grants have been updated. The Arenas rewards have been updated and will vary in amount by day, depending on how active the feature is. Friend Chats lease cost has been updated to display correctly. Homes related costs have been updated to convert to platinum when using platinum. Marriage related costs have been updated to convert to platinum based amounts when using platinum currency.

  • Can I play Golden Catch while using Platinum?

The cost to play Golden Catch has been updated to display in platinum when using platinum currency.

  • Will the Avatar Builder show pricing in Platinum?

Item prices listed under this features pages have been updated to display in platinum when using platinum currency. Other features that will now show platinum once selected are Signature Export and Inventory worth. Inventory worth item sell back price and marketplace price have been updated to display correctly based on your currency. When selling an item back, the price will be converted to platinum.

  • What if I want to donate to a Guild or buy a subforum when using Platinum?

Donations to the guild should be handled properly, whether on gold or platinum. Deductions from the guild account will remain as is, irrespective of currency preference.

  • Does Platinum work with Runway?

Runway rewards have been updated to subscribe to the new effort system. Grant amounts will vary by day depending on how active the feature is.

  • Everything is too expensive! 10M just to tip, everything in Marketplace is at least 10M!

Please note that if you switch over to platinum, you will earn 10M just from surfing. Actively posting or playing games will earn you more. You can earn 10M in seconds.

  • With everyone earning this much, isn't that going to make inflation worse?

If you focus on earning rate strictly on platinum, the rates are very much like the gold granting rate back in 2010. There will be fluctuation in prices at the beginning, but it will stabilize in time, and we will actively monitoring the payout system during this time.

  • Lake Kindred is nerfed when switched over to Platinum!

The payout for all features are boosted at the same time, so that earning is fair across the board. Earning between posting in forums and playing LK are about the same, whereas in the gold system where the disparity is 10,000,000,000 to 1. Part of making everything fair does involve a lot of balancing. Overtime we will keep adjusting the payout to be more fair as we closely monitor the economy.


External links[]

  • Icon announceAnnouncement New Platinum Currency System Coming Soon! - Lanzer Mon Jul 31, 2017 2:02 pm
  • Icon announceAnnouncement Platinum Currency FAQ - Lanzer Mon Jul 31, 2017 1:59 pm
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