Empire Avenue announced on its blog today some important improvements to the “Vacation Mode” option.
As it’s name indicates, Vacation Mode was intended to enable users to take a break from Empire Avenue without suffering the usual consequences of inactivity. However, the option in its original form had some flaws. If the user was inactive on other social networks, that inactivity still resulted in lower dividends paid, which usually resulted in some selling and a drop in share price.
The new and improved Vacation Mode fixes those problems…
Locked & Loaded for the Holidays
The most significant improvement is that it when a user goes on vacation mode, it locks in their average dividend/share and continues to pay that out to their shareholders even if they are inactive on EAv and other social networks. With dividends holding steady and the “market maker” (which adjusts share prices each morning at the rollover based on social media activity) disabled, there’s no reason for anyone to sell, so share prices should remain steady.
You can read about the other aspects of vacation mode on the EAv blog post.
In my opinion, these are great improvements. I previously thought Vacation Mode was a useless waste, but the new and improved version sounds like a great option. If I go out of town next week, I may give it a shot.
For More than Just Vacation
I would add that Vacation Mode is also a great option if you’re really busy at work, facing a crisis, or feeling like EAv is taking up too much time. Now instead of suspending your account with the “taking a break” option, you can take up to 4 weeks to deal with life without suffering any ill consequences on EAv.
One side note on this though… when I blogged about recommended improvements I believe the EAv team should make, the first recommendation I made was to Eliminate Nightly Share Price Adjustment. Dups & co said the couldn’t do it because it would mean a huge change in the code. But here they have managed to do just that for those who get the vacation mode option.
What do you think of the new Vacation Mode?
Are you planning on using it around the holidays?
Empire Avenue Tips 
Dec 20, 2012 @ 13:31:51
Finally I can go into permanent vacation 🙂
Bye…
Dec 20, 2012 @ 13:38:07
Really? Why?
Dec 20, 2012 @ 13:48:44
Reblogged this on Empire Avenue Blog.
Dec 20, 2012 @ 14:40:00
Thats a great news. I am going on a 9 day vacation starting next monday. I am definately going to give it a shot and will share my experience after I return 🙂
thank you for sharing.
Dec 20, 2012 @ 15:09:29
Awesome Sonal! Enjoy your trip and time away from EAv!
Dec 20, 2012 @ 15:26:14
This is really good news
Dec 21, 2012 @ 07:13:46
Are you planning on using it?
Dec 20, 2012 @ 16:25:10
Thank you very much 🙂
Dec 21, 2012 @ 03:13:27
Happy holidays Paul!
Dec 21, 2012 @ 07:14:27
Happy holidays to you too milandartanjan!
Dec 21, 2012 @ 03:13:59
Reblogged this on The power of plants .
Empire Avenue Announces Improvements to Vacation Mode | The power of plants
Dec 21, 2012 @ 03:24:03
Dec 21, 2012 @ 04:37:59
Reblogged this on herbszaga.
Dec 21, 2012 @ 04:39:00
Happy holidays Paul!
Dec 21, 2012 @ 07:15:06
Thanks Milvec! Happy holidays to you too.
Empire Avenue Announces Improvements to Vacation Mode « herbszaga
Dec 21, 2012 @ 04:39:08
Dec 21, 2012 @ 09:33:30
I have taken long breaks with minimal access to a computer or the internet and never spent eaves on the vacation mode. I may this coming week just to see what happens. Thank you Paul for the information and all you do.
Dec 21, 2012 @ 09:43:39
You’re welcome, Michael. If you do use Vacation Mode, please come back afterwards and post a comment letting us know how it went.
Jan 02, 2013 @ 02:21:41
Though EA Share Value is notional,participants get emotionally attached AND hence all that should be done to ensure their emotional anchor,all possible safeguards are necessarily be made since enormous amount of human hours are invested on EA !
Jan 18, 2013 @ 11:44:32
Reblogged this on cftc10.