About: Bank of Pi

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About: Bank of Pi Sponge Permalink

An Entity of Type : dbkwik:resource/OvWEo6XCgJLvDuAqXLqptQ==, within Data Space : 134.155.108.49:8890 associated with source dataset(s)

The Bank of Pi was a financial institution created by Pi. It was founded on 2E:61 and continued to serve clients for most of the Second Era. Tox and Macca donated materials towards its construction. The bank featured individual vaults that were accessible only by a unique custom key belonging to the person who rented the vault, serving as sort of a larger ender chest. Each vault could be rented for three iron ingots a day or 64 ingots a month, with the option to pay in advance. As the first vault owner, Tox received his rent-free as thanks for helping test the locking mechanism.

Attributes	Values
rdf:type	Resident
rdfs:label	Bank of Pi
rdfs:comment	The Bank of Pi was a financial institution created by Pi. It was founded on 2E:61 and continued to serve clients for most of the Second Era. Tox and Macca donated materials towards its construction. The bank featured individual vaults that were accessible only by a unique custom key belonging to the person who rented the vault, serving as sort of a larger ender chest. Each vault could be rented for three iron ingots a day or 64 ingots a month, with the option to pay in advance. As the first vault owner, Tox received his rent-free as thanks for helping test the locking mechanism.
dcterms:subject	dbkwik:resource/Zlk72mFpgOd8ereEqqIDtg== dbkwik:resource/t9-FtEXkD_fur7Olml9Ihw== dbkwik:resource/Uhp7TRrhvnQtD51njg9blQ== dbkwik:resource/s5OzWKAy-tiolItzbBEzyg==
Row 4 info	Destroyed
Row 1 info	Calendar
Row 4 title	Status
Row 2 info	dbkwik:resource/DKLiiNeVBYl9QZOGGvv3lA==
Row 1 title	Era
Row 2 title	Location
Row 3 info	Pi
Row 3 title	President
Box Title	Bank of Pi
dbkwik:dragonhollo...iPageUsesTemplate	dbkwik:resource/y855YrzUy9q2G-txJ0kj2w==
abstract	The Bank of Pi was a financial institution created by Pi. It was founded on 2E:61 and continued to serve clients for most of the Second Era. Tox and Macca donated materials towards its construction. The bank featured individual vaults that were accessible only by a unique custom key belonging to the person who rented the vault, serving as sort of a larger ender chest. Each vault could be rented for three iron ingots a day or 64 ingots a month, with the option to pay in advance. Pi offered no guarantees and took no responsibility for items lost through the vault owner's own negligence, only assuring prospective clients that the bank itself would never fall to bandits or scavengers. As the first vault owner, Tox received his rent-free as thanks for helping test the locking mechanism. S&T Credit, a rival bank, later provided insurance for Bank of Pi vault owners that guaranteed their items would be replaced if lost either because of their own carelessness or through the fault of Pi. They charged a flat rate of one iron ingot per day plus a security deposit of twenty diamonds. Derey later tried to orchestrate an insurance scam by "stealing" his own items and blaming Pi, but after assistance from the Archpriest Jack Firebane the ruse was exposed and Pi expelled him from the bank, allowing S&T to pocket the security deposit. Ozven later hacked the key design itself and began cloning existing keys, which allowed him to access the contents of every single vault in the bank. However, he chose to report the severe vulnerability to Pi rather than loot the entire place. When S&T learned of the security flaw, they stopped insuring new vaults. With the assistance of Smitten, Azureila, and Ozven, Pi solved the problem by using the magical golden shovel to install claim subdivides within each vault allowing access only to himself and the vault owner. Since the key cloning itself was still possible, Pi turned it into a feature of the bank, allowing any vault owner to make copies of his or her own key and distribute them to trusted friends at no additional rental charge. This allowed groups to rent vaults of their own and grant access to all of their members. The Bank of Pi was presumably turned into molten slag by the great dragon Mesonyx when he burned the entire Swamplands.

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