Investment Opportunities: Dynasty Banking Review
Published on 22. Nov, 2008 ... written by Securitas Protector, Tags: Articles, Latest, Reviews
by Erik Jensen … Many of you out there may be wondering if there is a passive, relatively safe way to grow your ISK. IPO’s, shares, research agents, blueprint research and copying, or other investments are all common ways to do this, but is there a better way? To tell the truth, I’m not sure, because I’ve never really tried these methods. In a previous article on EVE-Mag.com, an interview with Manalapan, chairmain of Dynasty Banking, was conducted by Leon Angeal, giving readers some basic information about the bank. Wanting a way to passively grow my ISK, I decided to try the bank out. I had had a previous experience with EBANK that left me a bit skeptical of EVE banks in general, and I was a bit worried about the safety of my ISK, but I opened up my browser and overcame my paranoia of an intricate scam.
Immediately, the sleek and efficient website design impressed me, and not 2 hours later (they run a script every 2 hours), I had 10 million ISK sitting in a standard bank account, accruing interest every day. Depositing ISK is as easy as giving money to Manalapan, and in less than 2 hours, it’s sitting in your account. If you’re willing to restrict yourself to one withdrawal per month, you can put your ISK into a “Limited” account, and if you’re trying to passively get more ISK, this shouldn’t be much of a restriction at all.
One of the most impressive parts of the experience, however, is the ability to make CD’s, or Certificates of Deposits. Basically, this involves putting your ISK away for several months at a time (2-4 months) in exchange for a greatly heightened interest rate. In fact, the 4 month CD gives almost twice the interest of a Limited account, at 10% per month, compounded daily. You can cancel a CD and have your ISK returned, but you will lose any and all interest that you have accumulated.
Next up on our list is security. Will you be guaranteed your money? Is it as safe as EBANK? What if it’s a scam? The answer to the first is no, of course not; nothing is guaranteed in EVE. If it makes you feel better, though, Dynasty Banking has 115 billion ISK in its possession at the time of this writing, up from the 70-some billion that it had when I joined just a few weeks ago, and is endorsed by EBANK. The answer to the second question is more complicated, but a simple answer is that nobody really knows yet because it hasn’t been operating nearly as long. Thirdly, once again, no one can tell you if it is a very elaborate scam, ever. There’s always a small chance that you will lose each and every ISK that you put into any venture. One must remember, however: No Risk, No Reward.
Overall, the banking process is very streamlined and pleasant, and the interest alone can pay for ships if you have enough in there. The CD’s give almost as much as any investment opportunity available on the market at any time, and they’re VERY easy to obtain. Just a few clicks and you’re growing your ISK by 10% a month (a bit more because of compound interest.) In conclusion, my experience with Dynasty Banking has been very pleasant and I look forward to a long, mutually profitable relationship. I’m proud to say that they are now in the possession of over 61 million of my own ISK, which is growing all the time.
My Ratings:
Website design - 95%
Simple but easy to use, the website keeps track of latest interest payments, statistics for your account and the bank as a whole, options to manage CD’s, all in a nice looking package.
Service - 100%
As of yet, I have not had a single disruption with my ISK and depositing and withdrawing is as easy as anything.
Security - 91%
Perhaps Dynasty’s weakest area, a feeling of total security about your ISK is impossible with any investment, but due to Dynasty’s young age, this heightens suspicion a bit. Apart from this young age, however, there have been no doubts in my mind that my investment is secure. As time goes on, I’m sure that the general community will feel safer with Dynasty, if they don’t already.
Overall - 96%
Dynasty is a vibrant new bank that seems ready to prove itself in the world with near unheard-of rates and excellent service, all in a nicely, easy on the eyes package. Go for it.



















hexxx
23. Nov, 2008
Two small things;
1) EBANK does not endorse Dynasty Bank…but we like them a lot. =) I know myself and a few other EBANK people have talked with and advised the Dynasty Bank team. The relationship between the two Banks is a very pleasant and positive one.
2) Sorry to hear about a bad EBANK experience. If you have time, make sure that you make yourself heard on EBANK’s forums. If you had an unpleasant experience, let people know what happened and hopefully we can prevent the same thing from happening to someone else.