On October 12, 2013 at 10:00 a.m. EDT, Empire Avenue (EAv) will host [X]Pendapalooza 11, a 24-hour social event that has been held only twice in the past year. Empire Avenue is a virtual stock market game that pays “eave” dividends based on players’ social networks and activities. For an [X]Pendapalooza event, dozens of established players spearhead a buying frenzy that elevates the stock prices of newer players.
If you have considered joining Empire Avenue, or you have an account that you left to languish, an [X]Pendapalooza event is the best time to stop by and see what fun you can have.
Pay it Forward at [X]Pendapalooza
A few elite players have grumbled this time around that they may not be able to participate in the party because they have maximized their investments in as many players as the game allows. Here are six ways anyone can participate in [X]Pendapalooza 11 on Empire Avenue, only one of which might require having more pie:
1. Enter your ticker on the appropriate list on [X]Pendapalooza day.[X]Pendapalooza 11 starts October 12, 2013 at 10:00 am EDT, so you should plan to visit the community at this time or as soon as you can after this time. There are two lists, so experienced players can enter their names as well and possibly gain new investors.
2. Buy shares in any players on the lists you can.
I like to grab 100 in every player with a price less than 50e, fifty in those less than 100e, twenty-five in those less than 200e, and ten in everyone else, but it all depends on how many eaves I have.
3. Run missions giving eaves away.
Another big part of the fun for players, especially newbie players with an eave shortage, is that along with the flurry of buys they are getting, they also have the opportunity to complete a bunch of goodwill missions to fund their own purchases. When you buy shares, usually you are only passing ten percent of the eaves to a player. (Actually, you pass on even less after paying commissions.) With missions, you can pass closer to fifty percent or more of your eaves–depending on your account level and any fees. Other players then use your eaves to participate in the buying frenzy.
Personally, I do not recommend including requirements in a pay-it-forward mission, but when you give the eaves away, you can certainly use the mission link to send players to your Facebook page, a tweet or a photo that they will feel free to like or share. Do not expect anyone to take the time during [X]Pendapalooza to read a blog post though. Keep it simple.
In keeping with the pay-it-forward spirit of [X]Pendapalooza, many of the [X]Bar veterans I have seen at these events humbly suggest, “Don’t buy me today. Invest these eaves in newer, less expensive players.”
4. Engage with other players’ missions.
You do not have to grab their eaves if you do not need the revenue, but you can share appropriate content with one of your streams or connect on another network.
5. Encourage other players.
Leave a shout out on the timeline of a player whose price has jumped 10e or who has added twenty new investors. You might want to note the stats the day before of a few players you wish to engage. Then track their progress during the event. Conversation is at an all time high during [X]Pendapalooza. Be a part of it.
6. Cross-promote the event.
Let folks on other networks know that Empire Avenue has a huge event on the horizon, or happening now, as the case may be. [X]Pendapalooza is a great opportunity for newbies to make new connections, watch their share prices soar, and make some generous purchases of their own.
Is this your first [X]Pendapalooza? Click here for Preparing for [X]Pendapalooza.
You might also enjoy, How To Capitalize on [X]Pendapalooza Gains.
Hold the Pie
For what it is worth, I am not a fan of [X]Pendapalooza being combined with an EAv pie event. [X]Pendapalooza is about connecting with new investors. More pie simply extends the amount players can invest in stocks they already hold. The site is busy with buys already during [X]Pendapalooza, adding pie buys to the congestion slows down the pay-it-forward buys. It also makes it even harder for newer players to make reciprocal buys to the new investors they meet that weekend, as they will feel obligated to acknowledge pie buys with reciprocal buys as well.
But then, I have a blast at every event, so I will not complain whatever EAv decides about pie. I hope I see you there!