eRepublik is an online multi-player simulation game and a social network that was developed by eRepublik labs and was launched in October 2008. The idea behind the game was to create a virtual world, which is based on the real world, in which every participant can take part in determining his country’s future. Players, who are referred to as citizens, can determine financial policies, affect local and national politics, create and join political parties, build their own businesses and even wage war on other countries. eRepublik uses the combination of a social networking platform and a strategy game to create a virtual realm of what might our world look like if things had gone different.
eRepublik is built out of three main modules:
- Economic Module – eRepublik simulates a virtual economy in which every player can simulate his own business. The economy is affected by the local financial relations between the companies and by the global economy. eRepublik also allows each country to determine its local financial policies and use them to affect the global economy.
- Political Module –In eRepublik , once a certain citizen achieves the required amount of experience, the citizen can take part in his own country’s politics. Each country has its own parties, congress and president and each year eRepublik holds an election for all of those positions.
- War Module – The President of each country can decide, after the approval of his congress, to wage war over other countries. War is an important influence on the financial growth of every country.
Since its release at 2008, eRepublik has won a few awards including “The Future of Web Apps“ Award and has raised over 2.5 million Euros. In the CEO Game we use similar baselines to those used in eRepublik. We believe that integrating real-world data into a business simulation can create a simulation that is more relevant than ever and will assist in learning how the local and global financial markets work.
The CEO Game.