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D Lacrimosa
YoLover

Status:
Registered: Nov 15, 2008
Posts: 2853

Wed Jul 16, 2014 8:25 am
I've read through this thread and I'm pleasantly surprised at the intelligent conversation and way people have managed to stay on topic without personal attacks.

If you guys can figure out how to fix the YoEconomy perhaps you can work on the real world economy, too.

Yo is a representation of our real world afterall. A slice of the proverbial world-pie.

The rich get richer, the poor stay poor. The 1% sit in their bathtubs filled with bottle water while the general population shares a community water hose in the back yard. While there are some philanthropists in game just like the real world, there are no where near enough. The trickle-down theory simply didn't work. And in the real world we have cheaters just the same as our game. I akin people who have hacked coins in the game to those in the real world who rob banks by zipping electronic funds from the general population to off shore accounts in the Caymen Islands. But robbing the rich is no different from the meth addict in a dark alley in the middle of the night holding someone at knifepoint and stealing their last $50 from their wallet. They don't care that the money was for a sick child's medication or for transportation to and from work for the week. Truth is those who work hard for their money always seem to get stomped on, while the poor receive handouts and the rich sit on their thrones. The middle class is drowning.

I hope you guys can solve the world's economic problems.

Then maybe we can start on YoWorld Peace.

llama
YoWild

Status:
Registered: Jul 15, 2009
Posts: 12778

Wed Jul 16, 2014 8:29 am
Adding llama themed items
That would be a hit
BVG would make a ton of coins from that

CountryDude89
YoCrazy

Status:
Registered: Mar 18, 2009
Posts: 22520

Wed Jul 16, 2014 8:32 am
LLAMA (108809154) wrote:Adding llama themed items
That would be a hit
BVG would make a ton of coins from that

Pssh, everyone wants a large huggable Countrydude89. Or even a cute lil HH.

Deb
YoSupporter

Status:
Registered: Oct 11, 2009
Posts: 785

Wed Jul 16, 2014 8:36 am
So what you're saying is... All of my efforts to build up my own game... All of the real money I have spent to earn more coins, and all of the hours I have spent in auction house, that if I have built my coins up to xxx amount, by selling items in Auction House... (who already takes 10% of my sale btw), I should 'pay' to store my coins? 8-)

Surrrre!!! Let's do just that! Take 'em all! You can bet your sweet pippy I won't be spending another of my real dollars. But hey... the playing field will be leveled... and everybody will be happy! Right?

I have the coins that I have, because I have spent real money on this game through the years. As have many others. All this hoopla about coins/points in the game, is just ridiculous! This game will survive ONLY if folks are spending real $$$. The coins already in game don't mean diddly to BVG! Coins aren't real!!! How those coins were built is very REAL. What is REAL to BVG in order to keep our game running? Surely the folks who come to work there everyday would be more than happy to be paid with YoCoins... because hey... none of this is real anyway right? Maybe throw them a few rare pixels for their bonuses while we're at it! And for vacation, we'll send them on a luxury pixel cruise to the Alton's.

You know what they say... Money talks... and BS walks! ;)

Veronica
YoLover

Status:
Registered: Sep 19, 2009
Posts: 2982

Wed Jul 16, 2014 8:43 am
Deadly Lacrimosa (5164632) wrote:I've read through this thread and I'm pleasantly surprised at the intelligent conversation and way people have managed to stay on topic without personal attacks.

If you guys can figure out how to fix the YoEconomy perhaps you can work on the real world economy, too.

Yo is a representation of our real world afterall. A slice of the proverbial world-pie.

The rich get richer, the poor stay poor. The 1% sit in their bathtubs filled with bottle water while the general population shares a community water hose in the back yard. While there are some philanthropists in game just like the real world, there are no where near enough. The trickle-down theory simply didn't work. And in the real world we have cheaters just the same as our game. I akin people who have hacked coins in the game to those in the real world who rob banks by zipping electronic funds from the general population to off shore accounts in the Caymen Islands. But robbing the rich is no different from the meth addict in a dark alley in the middle of the night holding someone at knifepoint and stealing their last $50 from their wallet. They don't care that the money was for a sick child's medication or for transportation to and from work for the week. Truth is those who work hard for their money always seem to get stomped on, while the poor receive handouts and the rich sit on their thrones. The middle class is drowning.

I hope you guys can solve the world's economic problems.

Then maybe we can start on YoWorld Peace.


Haha I love your post. So true.

I think when we are talking about the life, world, economy, and yo-economy, we need to avoid certain words such as "fair, justice, right, balance, equality, happiness for everyone" Those things just do not exist. Sorry peeps.

D Lacrimosa
YoLover

Status:
Registered: Nov 15, 2008
Posts: 2853

Wed Jul 16, 2014 8:46 am
Tiger Lily (128332896) wrote:

I have the coins that I have, because I have spent real money on this game through the years. As have many others. All this hoopla about coins/points in the game, is just ridiculous! This game will survive ONLY if folks are spending real $$$. The coins already in game don't mean diddly to BVG! Coins aren't real!!! How those coins were built is very REAL. What is REAL to BVG in order to keep our game running? Surely the folks who come to work there everyday would be more than happy to be paid with YoCoins... because hey... none of this is real anyway right? Maybe throw them a few rare pixels for their bonuses while we're at it! And for vacation, we'll send them on a luxury pixel cruise to the Alton's.




Yanno. There's a point to be taken here. If EVERY SINGLE PLAYER. went out and bought some YoCash it would even the playing field a little. The answer isn't to give everyone more opportunities for more "free" coins it's to give people a reason to buy YoCash. Or have everyone pay a monthly fee that gets rewarded by YoCash or something. BVG wins. The players who already buy YoCash and have been for years, win and those that are just leeching off the economy can move on to another game or keep up.

I know people whine about not being able to buy YoCash. But NOT isn't a word in this house. When my girls want something, they work for it. They get paid. They buy things. If people WANT to play this game badly enough they can find $5 or $10 somewhere each month to buy a little Yocash. In the real world we save up for things we want. Or we mow yards, have garage sales or do odd jobs for people. There's always a way to find a little extra cash to put into a game people claim to love so much.

With that being said, there are some exceptions to that, same as in the real world, illness and disability. But if you can. DO. That should solve a lot of the problems. 5% of YoWorld players can't keep endlessly supplying the other 95%.

tink
YoFollower

Status:
Registered: May 15, 2014
Posts: 1072

Wed Jul 16, 2014 8:48 am
we need the coins. it is becoming pretty bleak out there. i have stuff i can sell in the auction house collectables. i am holding on to that stuff. when the new stuff is released 1st few days it does well in the auction house. then it slows down. crowns 50 yocash 1st week they did pretty good. then it slowed to like 600k. that was worth putting up for auction. if there is no coin flow, no reason to buy yocash. usually i refill my yocash every week

Majick
#1 YoFiend

Status:
Registered: Oct 04, 2009
Posts: 55825

Wed Jul 16, 2014 9:12 am
Well since everyone is getting so deep, you know I have to chime in.

Yo's economy is a distant cousin to a real one. There are no 'needs' in Yo. In our real world we have needs and they trump rational thought. Water, food, and shelter drive more economic activity globally than just about anything else. Yo is driven off 'wants', which can sometimes drive more irrational behavior than 'need'. Currently, there not many new 'wants'. Whatever BVG puts in the store is simply added to keep some cash flowing for them and to test technical capacities. But when they finally quit popping the clutch and stalling the Yo car, you will see them drive the economy based on our wants. As players see things they want, they will DO things to satisfy those wants. This means sales. This means dealing yo cash. This means buying yo cash. All of these drive players to engage in the game.

I know much has been said about the super rich. I know a few of them and they are waiting for the same thing we are - more stuff to want. They may have a billion coins, but none of the coins matter if there is nothing to buy. When yo cash items people want start showing up with quality and consistency, you will see the Yo economy shift into over drive.

Reese
YoDedicated

Status:
Registered: Mar 02, 2010
Posts: 6978

Wed Jul 16, 2014 9:19 am
Someone could make this a university class/course.. and it could be studied. People could spend weeks or even months analyzing this question, dissected this ... and still the answer to this would NEVER be found! ..

YoWorld is its own entity!

Majick
#1 YoFiend

Status:
Registered: Oct 04, 2009
Posts: 55825

Wed Jul 16, 2014 9:23 am
Deadly Lacrimosa (5164632) wrote:I've read through this thread and I'm pleasantly surprised at the intelligent conversation and way people have managed to stay on topic without personal attacks.

If you guys can figure out how to fix the YoEconomy perhaps you can work on the real world economy, too.

Yo is a representation of our real world afterall. A slice of the proverbial world-pie.

The rich get richer, the poor stay poor. The 1% sit in their bathtubs filled with bottle water while the general population shares a community water hose in the back yard. While there are some philanthropists in game just like the real world, there are no where near enough. The trickle-down theory simply didn't work. And in the real world we have cheaters just the same as our game. I akin people who have hacked coins in the game to those in the real world who rob banks by zipping electronic funds from the general population to off shore accounts in the Caymen Islands. But robbing the rich is no different from the meth addict in a dark alley in the middle of the night holding someone at knifepoint and stealing their last $50 from their wallet. They don't care that the money was for a sick child's medication or for transportation to and from work for the week. Truth is those who work hard for their money always seem to get stomped on, while the poor receive handouts and the rich sit on their thrones. The middle class is drowning.

I hope you guys can solve the world's economic problems.

Then maybe we can start on YoWorld Peace.


I work for some of the richest people on the planet and they show up every day to put in an 8-14 hour day. They might be able to take their personal jet to Alaska for a fishing trip, but I can drive my truck to Arkansas and do the same. I don't feel like all rich people are one way and all poor people are one way as well. I think people are what they are regardless of economic position. A rich thief and a poor thief are both fools. Just as a hard working rich man and poor man are honorable. As far as the middle class drowning, I think the media likes that story and those who feel economically victimized like it as well. I know too many middle class peeps who had a yadda hand dealt to them and took their time and energy to retrain and/or move to find opportunity. It is simply too easy to give up these days, and too many people take advantage of it.

I will also say that spending capacity in the face of inflation is scary right now. Countries printing money to save their economies is doing more harm than any group of rich persons could ever hope to do. The inflation rates continue to creep and the governments continue to stall in dealing with the real problems - there are too many takers and not enough doers. People like to sit on their hands and let someone else do the work. That is truly sad. It is one of the reasons I like BVG. They saw Yo as an opportunity and seized it. They DID something and I hope to see them handsomely rewarded. :)

Adeline
YoWild

Status:
Registered: Aug 12, 2009
Posts: 13009

Wed Jul 16, 2014 9:32 am
Deadly Lacrimosa (5164632) wrote:I've read through this thread and I'm pleasantly surprised at the intelligent conversation and way people have managed to stay on topic without personal attacks.

If you guys can figure out how to fix the YoEconomy perhaps you can work on the real world economy, too.

Yo is a representation of our real world afterall. A slice of the proverbial world-pie.

The rich get richer, the poor stay poor. The 1% sit in their bathtubs filled with bottle water while the general population shares a community water hose in the back yard. While there are some philanthropists in game just like the real world, there are no where near enough. The trickle-down theory simply didn't work. And in the real world we have cheaters just the same as our game. I akin people who have hacked coins in the game to those in the real world who rob banks by zipping electronic funds from the general population to off shore accounts in the Caymen Islands. But robbing the rich is no different from the meth addict in a dark alley in the middle of the night holding someone at knifepoint and stealing their last $50 from their wallet. They don't care that the money was for a sick child's medication or for transportation to and from work for the week. Truth is those who work hard for their money always seem to get stomped on, while the poor receive handouts and the rich sit on their thrones. The middle class is drowning.

I hope you guys can solve the world's economic problems.

Then maybe we can start on YoWorld Peace.


Love this! WTG Deadly. This is so true, I can't stand it!!! Woot. Woot!

Rod, some of what you say is true too. Generalities are used to make a point but we all know there are exceptions. The Koch Brothers are not representative, thank goodness. The oligarchy does reign though.

AmBeR
YoLover

Status:
Registered: Oct 02, 2008
Posts: 2692

Wed Jul 16, 2014 9:37 am
I think with the hackers who brought in a bunch of hacked coins, or the coin glitches gone, the yoeconomy will eventually return to how it was several years ago. Those people who buy tons of yocash will be "rich" because they are the ones who can access items quicker, sell quicker, making money quicker. The "middle class" yo's will be composed of yo's that periodically buy yocash to just get what they want or to make a little bit of money off of selling other yocash items to get certain items they want. Yo's that choose not to buy yocash for whatever reason, whether it be illness, disability, or down right refuse to buy them will have to work extra hard saving, buying, and selling certain items to be able to make yocoins. That does not mean they can not move up the "middle class or even the be "rich," but they will have to work their bottoms off to get there. Of course buying collectibles will help with making money. The key here is choosing items are that are not collectibles that will be in themes that do not stay in stores that people will be in high demand once they are out of the store. This is the same concept as now but we will have some illegitimate coins running through the system where we know it or not.

Annie
YoLover

Status:
Registered: Sep 02, 2009
Posts: 2711

Wed Jul 16, 2014 9:49 am
Hot Rod (126579776) wrote:Well since everyone is getting so deep, you know I have to chime in.

Yo's economy is a distant cousin to a real one. There are no 'needs' in Yo. In our real world we have needs and they trump rational thought. Water, food, and shelter drive more economic activity globally than just about anything else. Yo is driven off 'wants', which can sometimes drive more irrational behavior than 'need'. Currently, there not many new 'wants'. Whatever BVG puts in the store is simply added to keep some cash flowing for them and to test technical capacities. But when they finally quit popping the clutch and stalling the Yo car, you will see them drive the economy based on our wants. As players see things they want, they will DO things to satisfy those wants. This means sales. This means dealing yo cash. This means buying yo cash. All of these drive players to engage in the game.

I know much has been said about the super rich. I know a few of them and they are waiting for the same thing we are - more stuff to want. They may have a billion coins, but none of the coins matter if there is nothing to buy. When yo cash items people want start showing up with quality and consistency, you will see the Yo economy shift into over drive.


Good post…

XxVioletVixenxX
YoBeliever

Status:
Registered: Dec 07, 2009
Posts: 11429

Wed Jul 16, 2014 9:56 am
after more released, ppl will lower prices to buy new items. 500k is not a lot of coins in my opinion as an average. All economy's go through up's and downs.
I already see lower prices.

I don't think it's broken. Like said ppl have options to buy yocash and/or sell older items. Save up for what you want. You can do photo booth runs, and now we have coin runs back. a lot of ppl took advantage of the SD boxes and got spoiled as well. IDK it is what it is and it will get better.

KSamurai YoviIIean
YoSupporter

Status:
Registered: Oct 26, 2008
Posts: 654

Wed Jul 16, 2014 11:26 am
Good to read more thoughts other than add/remove coins.

In my opinion, eventhough I find the yoeconomy somewhat healthy (since there is a considerable amount of trading and commercial activity, which is the parameter to evaluate the status of any economy); there are other things that can be done to stimulate the trades even more and balance certain aspects of it (addressing the cause of discontent of many with market shortage), but more importantly without altering the game's dynamics.

More ways to generate coins (equates to jobs in a real economy. Always a positive thing). But BVG said they are already working on this. Also, the current amount of ilegal yocoins is not a problem when 'accessibility of goods' is addressed in an economy.

More distribution channels of items from closed themes have to be added. There is a need to push more rare items to the game without altering the value of the item. This will bring the market shortage to an equilibrium whilst being very profitable to BVG and without altering the item's value. One idea was the raffle of in-demand rares.

After adding "rare items distribution channels" they could push to store "quantity limited items"... those would sell in a blink, just by giving players the thought that they could control an item's price from having an oligopoly. These type of sales have to be pre-announced to make it fair.

They could sell a yoeconomy newspaper... with certain indicators and information about the GDP/GDI of items/yocoins/yocash to allow players prepare their "bulk buying strategies".

There are so many things that can be done to give continuity to the culture that is in place and profit from it... That I honestly feel envy sometimes to be in BVG's shoes.

LooLYo
YoAficionado

Status:
Registered: Jul 07, 2012
Posts: 3565

Wed Jul 16, 2014 11:30 am
Releasing the BVG Hoodie and Glasses.

Smitten Kitten
Moderator

Status:
Registered: Nov 24, 2009
Posts: 24719

Wed Jul 16, 2014 12:07 pm
I haven't had the chance to read through this entire thread yet so this may have been mentioned before. If BVG intends to use a similar business model as they use for their other highly successful game, Fishworld, then I think many of the Yoconomy issues will resolve themselves in short order. If anyone also plays FW, BVG has implemented some truly wonderful incentives to entice new players as well as reward existing players..for instance:

1. Periodic, and often spontaneous, Free Gifts.
About once a month or so, on their FW app site, you can claim a Free Gift of some sort..unique and specialized. One per customer. These are often bartered in their AH as collectibles. :) They also have ingame popup Free Gifts occasionally which commemorate an event or even in remembrance of a valued player who has passed away. This may not be feasible for a social game with as large a fanbase as YoWorld, however, the intention is a lovely one, nevertheless, and these items fetch a nice amount when featured later in their AH.

2. Sanctioned and supported FB community pages.
The FW forums I belong to are nothing short of phenomenal. The admins are plugged directly into the FW team, so any gaming issues are handled promptly. Also, the admins there are informed of upcoming contests, new designs, etc..before the playing public and often are given the ability to GIFT items for contest prizes, etc..as player incentives. New Players are encouraged and supported..often with gifts of free starter items and things that can be sold in the AH for max coins...those kinds of incentives for noobs are great. You can level up quickly and gain "status" and perks as you do.

3. Continued interaction with their customer/fanbase
I love the fact that Gary and the other members of the team are interactive here, on forums, and even in game. They PLAY the game, so they KNOW what the issues are. Buying YoCash to support that kind of customer appreciation is PRICELESS to me..and, I believe that even the newest players will soon find their hard earned coins and cash are being used to make the game better for EVERYONE.

4. Interactive ways to earn YoCash.
BVG has implemented a variety of ways to trickle FBs into the game..interactive videos, a VIP reward program, level up rewards, casino rewards, and so on. Once these are available in Yo, more buying power will be available to everyone..even the new players.

5. The cost differential on FW for their items cover a WIDE range from small coin deco/fish items to VERY high end items that are beautifully detailed. These are PRICEY and highly sought after...but there are may players who are more than willing to purchase Fishbucks to garner these "status" symbols for their tanks. Same for Yo. We have seen a sampling of BVG's tiered pricing strategy...and I have seen how well it works in the long haul for the benefit of all.

Just a few ideas that I have seen, by comparison. I truly believe we are in GREAT hands with our Viking Team. ;)

Taurus
YoRegular

Status:
Registered: Mar 31, 2010
Posts: 428

Wed Jul 16, 2014 12:11 pm
in my opinion, it can not be fixed, it is to far gone now.

Anthony SpaceTime
YoEnthusiast

Status:
Registered: May 09, 2009
Posts: 8296

Wed Jul 16, 2014 1:41 pm
I don't see why some people seem to believe that the idea here is to take the money away from those who rightfully earned them.

Not sure if your posts are directed to mines, but if they are, here's what I mean. And I may make this another thread.

By purging the coins, I mean that releasing items the way that they are now, would help reduce the amount of coins over time, without anyone getting butt-hurt. Have you guys noticed that the prices of coin items are higher now in stores? Well, if it keeps going on like that, there will be a point in where a significant amount of coins have dropped from the game, by players buying store-bought items.

And then we still have the ability to sell items to earn coins, right? Well of course! But how long will that last? You guys are forgetting that people don't stop buying store-items. Coins are still being spent on items still on stores, thus falling out of the game. Over time, how many coins can you get for that pair of Rets, or that Celtic Cross? How can you expect get what people are paying for it today if there is a significant amount of coins missing from the economy, and now less people are able to afford it? If you really want to sell that Celtic Cross, or pair of Rets, what will you have to do in order to make a quicker buck? Sell it for lower, before it gets any lower, right? And over time, you might find that you might be selling items for less than they were before, thus making much less than one would normally today, and why? Because coins are slowly being purged from the game, due to the prices of items in stores, and other factors as well.

I will now begin to explain the other factors that play a role in all of this. Alright, so lets use the recent releases as an example. There were 2 wands released into the game for coins, handhelds for coins! Neat! But lets look at the prices, one of them is 10k, and the other is 20k the average YoWorlder would want both probably, right? And if that YoWorlder has enough money, they would probably buy both, right? That would be a total of 30k, 30k spent on 2 wands, that 30k, is no longer in the game, they go poof. They no longer exist in the YoEconomy. Now, remember all of the hoodies released into stores? There are a total of 20 of them, 10 are male, and the other 10 are female. Now, lets say someone bought one of every color. I have done the math, and every hoodie would cost a total of 10k and that's just for one gender, 20k if you buy all of the male AND female ones, not much, right? The average YoWorlder may now find themselves paying that at a minimum per release more often. Think of it, 10k constantly dropping from the game, over and over, where does that money go? No where, it poofs! Now, lets see how our spending would increase as new furniture items start rolling out soon, as well as new homes.

We can also sell items in the Auction House, no hassle spent on going to events and spending time with many people you'd rather not. Perfect! But, after each sale, the house keeps a 10% commission, remember? Where do those coins go? They poof, they too drop from the YoEconomy. Now, a 10% commission probably does not sound like much, but lets say its a big sale.Lets say the sale was 1m. That 10% commission, is now 100k, does that not seem like much now? Now, lets say the sale was 5m, 500k disappears from the economy, is that still a small number? Now, sure, you can probably make the buyer pay that commission fee, lets say you want 5,000,000 on your item, so, you bump that price up to 5,500,000. In the end, you make your 5m, but guess what? The coins still dropped from the game. That extra 500k, did not just appear, it came from somewhere, and now it poofed. So either way you put it, you may have made the profit of your desire, but that 500k still poofed. Those 500k dropped from the YoEconomy, and now there are less coins in the game.

Now, some of you may think, that the rich can keep to themselves, and only sell items among each other. But, what about those commissions in the auction house, and any store bought items that person may buy? The Rich people can spend only trough themselves, and keep exchanging coins back and forth, but that little group, is not really becoming an richer, why? They still sell things through the auction house, and buy things through the store. Over time, the coins they have been passing back and forth, will be reduced as well if they do not sell to other people.

The YoEconomy sure is an active one, we cannot simply forget that fact, more and more items are bought from stores every day, and more and more items are sold through the AH.

You may believe that doing on coin runs, clocking in at the factory, and doing jobs is enough to replenish your coins? Alright, is it really enough to replace that 30k you spent on buying the wands? Or that 10k you spent on the new hoodies? And that 500k that was that 10% from that sale at the auction house? Even if BVG brings in new ways of earning coins, will it be enough to replace any of this by the time they make another release or you buy or sell another item through the AH?

The new tactic in the pricing system in stores, "Tier Pricing" BVG introduced, really plays a big role in all of this, there are now items that were sold by Zynga for YoCash, now being sold for Coins. Like the handhelds, and hairs. With the massive bans on hackers, there no longer a massive amounts of coins being introduced into the game through out cheats. Before there was, now there isn't. So how will millions of more coins ever be introduced to the YoEconomy? More millions may have been introduced over time, but by then, an even larger amount of millions have already gone poof, due to the things I mentioned above. So lets look at it this way, the YoEconomy is the richest player in the game, and as of now, this player is loosing more than its gaining.

This makes me reach this conclusion, this may bring the cost of things in the economy down. Why? Well, all this happening at once, means that there are less coins in the game, making people, even the rich, poorer over time, lets say 5 months from now, you want to sell an item for 18m, will you be able to? Less people will be able to afford that, and it may take while before you actually come across a player who would be willing to pay that much. Lets also take a look at the new players joining the game, will they ever outnumber the old players? Maybe, maybe not, but if they do, the average player may no longer have over 5m coins, maybe the average player will no longer even have over 1m in the future. Will this be the case? It may not, it sounds like a radical change, does it not? But small things, like this things I mentioned above, can make a big difference. Soon, it may be easier to get things that you want, will it be possible to afford everything you want? And get everything you want? Perhaps not, but that's the future I see.

Will this be a fix in the YoEconomy? Will the YoEconomy be better like this? Well, people often tell me, that a good economy, is a strong one! I agree, but I also believe that a good economy must benefit all. And if you ask me, this new future YoEconomy will do both. It will be easier to get things you want, without having to buy, sell, and invest, this is how it will benefit those who don't like to sell things for profit. The deal with the economy now, is that only those who are rich, and those who sell things and make investments, are prosperous and successful. What about those who don't want to make investments? What about those who are not rich? This will be the ideal YoEconomy if it is in fact to come!

Now, feel free to call me crazy.
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