MagnaPoints
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MagnaPoints is a program that rewards Waterslandian citizens for good deeds. MagnaPoints can be spent on everyday services or products, and is a de facto online currency. The program was created 2 November 2022 by His Majesty to promote good deeds across Waterslandia. Each citizen is automatically given 5 MagnaPoints when they become a citizen; each MagnaPoint is worth 20 cents (USD). MagnaPoints are entirely digital and the program is managed by the Ministry of Information.
| MagnaPoint | |
|---|---|
| ISO 4217 | |
| Code | MGPT |
| Denominations | |
| Plural | MagnaPoints |
| Symbol | ᴍ̶ |
| Nickname | Magna |
| Banknotes | None |
| Coins | None |
| Demographics | |
| User(s) | Waterslandia |
| Issuance | |
| Central bank | Bank of Waterslandia |
| Printer | MagnaPoints are digital; no printer is needed |