How does an administrator create an EV round?

The basic process to start the creation of a round is to access the Round area by clicking on the "Rounds" menu item. In this area, the administrator can see a "New division round" blue button by the "Division rounds" header.

Moving on, a screen appears where the administrator selects the type of round she is creating. In this case, "Emotional Value Bidding".

On the next screen you select the divisees that will participate in this round. Only the divisees selected on this screen will be invited and be able to bid on the round assets.

The administrator proceeds to select the assets that will be part of this particular round.

The third step is to set the number of assets that divisees can bid on, and the number of credits each divisee will have. There are 2 concepts of justice that you can use to decide on the number of credits:

  1. Each divisee should get credits proportionally to her allocation percentage, thus maintaining fair market value equality.
  2. All divisees should get the same number of credits, this being an Emotional Value round, and fair market value is not important.

On the last screen the administrator sets a name, the start date, and the end date. Finally, she can add a note that will appear in the invitation email sent to divisees.

The process is finished by clicking on the "Create round" button. After a couple of minutes the email is sent out.

Be wary, the round settings can be altered only until the start date. Then it's the divisees' turn!


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