Patriarch of Incense
Chapter 180

Time is money

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Li Ling said, "In that case, let us settle the details first. I hear your guild offers several kinds of consignment arrangements, with different terms for different merchants. If I wanted to consign this item, how would deliveries and profit sharing work?"

Cui Zhi said, "For now, we propose granting you independent client status and offering a thirty-seventy split on incense consignment. Each delivery must have a total value of at least ten thousand in talisman currency. As long as the value reaches that amount, we can send someone to collect it at any time. Your share of the proceeds can also be credited to a Money House account opened in your name. We will strictly safeguard your privacy and security, guaranteeing fair dealing with young and old alike..."

Money Houses had existed in ancient times, too. Since the cultivation world issued talisman currency, it likewise had no shortage of related bookkeeping methods.

These were all things Li Ling knew exceedingly well, but Cui Zhi assumed he was unfamiliar with them and took particular care to explain.

Li Ling did not interrupt his explanation, instead giving the matter some thought.

To be honest, a thirty-seventy split was still a little low.

It meant that whenever he sold a portion of spirit incense and earned ten thousand spirit stones, he would receive only seventy percent, or seven thousand.

But the remaining three thousand would not be given away for nothing. The guild had to provide him with corresponding safeguards, including distribution through shops in the market towns, promotion at auctions, and other methods of selling his goods.

The talisman currency accounts and associated safeguards provided by the Money Guild were also an important means of preserving wealth.

Whether other powers would recognize these things remained uncertain for now, but the entire

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