The Licence Trade building determines how many licences you can own and use at one time up to a maximum of 6. Owning licenses increases your income for that good by an amount per tonne when delivered to any location.
The period that a licence is valid depends upon the speed of the world. On a x1 speed world it is valid for 48 hours, on x2 for 24 hours and on x4 12 hours. After this, a new licence must be obtained to continue to get the additional cash bonus for that good.
The upgrade time can be reduced by upgrading your Construction Yard. On x2 speed worlds the upgrade time is reduced to 50% and on x4 worlds to 25%.
| Level | Upgrade Cost | Upgrade Time (x1) h:m:s | Prestige | Maximum owned licences |
|---|---|---|---|---|
| 1 | - | - | - | 1 |
| 2 | $250,000 | 00:10:00 | 10 | 2 |
| 3 | $500,000 | 05:00:00 | 25 | 3 |
| 4 | $1,000,000 | 08:00:00 | 50 | 4 |
| 5 | $1,750,000 | 10:00:00 | 100 | 5 |
| 6 | $2,500,000 | 12:00:00 | 150 | 6 |
After selecting the licence button on the bottom control bar, a new panel will appear on the left-hand side of the display. The first tab shows the current details for the current auction, together with the names of any other Avatars that have placed bids. However, you will not see the specific amounts they have offered. At the bottom of the panel you can enter your own amount and offer it by clicking the bid button..
The amount bid is not visible to any other players and at the end of the 14-minute auction only the highest bids will be awarded with a licence. Should your bid be unsuccessful the amount bid will be automatically returned to your bank. However, should there be multiple bids of the same amount the Avatar who bid first will be given preference.
Auctions may be for multiple licenses of the same good, but each Avatar can only win one. As a result, there may be multiple winners of a single auction. It is impossible to bid on an auction if you already own a license for that type of good.
The soon tab on the Licenses panel displays the auctions due to start in the future. Licenses for specific goods can be searched for by changing the display at the top from all goods to the one you require.
It is also on this display where you can immediately purchase a license. Should you have a licence voucher there will be a purple button beneath the future auction to allow its instant purchase for free. Alternatively, you will see a gold button that allows one to be bought instantly for 25 gold and a cash amount.
It is impossible to purchase a licence if you already own one for that type of good.
The final tab on the licence button provides some information about those you currently own. Each licence owned is listed together with how much it cost to purchase, how much profit you have made and how long it is until the licence expires. At the bottom is also a button to return it immediately. This may be helpful if your current licence is only valid for a short time and you wish to bid in a new auction or purchase a new one.
