Orginally posted on 25th January 2006You can build an artefact once you have 10000 ideas in a specific industry, providing an artefact exists of course. Artefacts have the power to do many things. Here is a brief rundown on the abilities artefacts have:
Hostile Takeover: This move allows the player to buy all non-owner stock for a particular blog in the artefact's industry at three times the market price. To perform a hostile takeover requires an existing 20% ownership of the blog.* - Very useful if you want to own an entire blogs share portfolio, other than the owners allocated shares.
Hype: This move enables the player to hype up the share price of a blog in the artefact's industry. The market price will rise by 20-50%. Repeated usage on the same blog within 24 hours will have less effect.* - Good to use just prior to selling shares to obtain a higher sell price. Be careful not to push the p/e over about 750, otherwise you won't be able to sell.
PR Disaster: This move enables the player to destroy the share price of a blog in the artefact's industry. The market price will drop by 20-50%. Repeated usage on the same blog within 24 hours will have less effect.* - Useful to reduce share price when the p/e is greater than 750 so a sale can be made
Industry Buzz: This move enables the player to increase the share price across the whole of the artefact's industry. The market price for blogs in the industry will rise by 5-10%.* - Increases the share price of all shares within the artefacts industry. Usually used to increase a shares price in 1 blog by a small amount as an alternative to "Hype".
Industry Slump: This move enables the player to decrease the share price across the whole of the artefact's industry. The market price for blogs in the industry will drop by 5-10%.* - Similiarily to "Industry Buzz" but decreases all share price within the artefacts industry. Often used as alternative to "PR Disaster".
Pressure Public: This move allows the player to acquire all public shares in a blog at half market price. The blog must be within the artefact's industry.* - Used to buy all the publicly owned shares in a blog at half the market price. Easiest and quickest way to buy shares. Also enables a larger profit to be made
Raid Blog: This move steals 20-100% of the idea commodities produced by a blog in the artefact's industry. Max. 500.* - Useful tool, but very hard to use. Ideas must be available for public purchase in the ideas market to be able to raid. A maximum of 500 ideas can be taken if you are quick enough before anyone buys them. High speed internet and patience are a necessity.
Restructure Blog: This move allows the player to acquire 5-20% of shares from each stockholder in a blog at 3x market price.* - Good to use if you want to own some shares that you currently don't have any of. When you obtain 20% of the shares (usually use "Restructure Blog" 2 or 3 times) then a "Hostile Takeover" can be used to obtain the remaining shares.
* Details taken directly from
http://www.blogshares.com under the artefact description
Crackers ;)