Economic Downturn
Posted: Wed Mar 05, 2014 1:12 pm
This is not meant to be a whine/complain session post. I respectfully ask that if you have something to chime in on, you do so with an eye towards improvement (as I shall try to do as well).
Observations since my time back:
-There are an influx of new players (assuming due to voting and the fact that shard is awesome with superior staff, customs, etc.)
-There seems to be smaller shelf life for these players
-Many Vets are still here, many have also left
-Vendor spots both in TC and Makoto, as well as the world tele are as barren as I've ever seen them
-Items that previously sold, languish now (the only market seems to be for bone crushers, imps, and not much else, even dex gear)
-As a result, we have a TON of worthless items, artis, etc. etc.
-The market forum posts are far fewer than they used to be despite a steady flow of players.
Overall, the economy just seems...well...broken. How do we fix it? A few thoughts:
-Bring back prices on the vendors site (this will likely be highly unpopular, especially with the existing rich player base, but there was incentive to spend less time searching and more time buying and selling prior to the removal). Price controls rarely work and the problem, IMHO, with items being devalued had more to do with supply and demand than listing prices on a website.
-Overhaul artifacts to provide more incentive to collect more than just a small sample from Doom, paragon, etc. etc.
-Wait for Elysium and hope +Nyx fixes it because she is smarter than the vast majority of us.
-Lower the rates on the rent charged in TC, world tele, etc. (If i want to sell MiBs for 500gp, makes no sense to pay 20k in rent minimum per week to do so). Instead charge a fee based on volume or inventory.
These are just off the top of my head in 5 mins. I think there have been many player oriented solutions (Player Loans, Lava Shop, etc.), but these seem to see minimal success (owners please weigh in). So, in YOUR opinion, what's up with the economy and how can it be fixed (if indeed it even needs fixing). I'll add some more thoughts as they come into my head as well, this was just to get the ball rolling.
TL;DR What's up with the economy and how can we fix it?
Observations since my time back:
-There are an influx of new players (assuming due to voting and the fact that shard is awesome with superior staff, customs, etc.)
-There seems to be smaller shelf life for these players
-Many Vets are still here, many have also left
-Vendor spots both in TC and Makoto, as well as the world tele are as barren as I've ever seen them
-Items that previously sold, languish now (the only market seems to be for bone crushers, imps, and not much else, even dex gear)
-As a result, we have a TON of worthless items, artis, etc. etc.
-The market forum posts are far fewer than they used to be despite a steady flow of players.
Overall, the economy just seems...well...broken. How do we fix it? A few thoughts:
-Bring back prices on the vendors site (this will likely be highly unpopular, especially with the existing rich player base, but there was incentive to spend less time searching and more time buying and selling prior to the removal). Price controls rarely work and the problem, IMHO, with items being devalued had more to do with supply and demand than listing prices on a website.
-Overhaul artifacts to provide more incentive to collect more than just a small sample from Doom, paragon, etc. etc.
-Wait for Elysium and hope +Nyx fixes it because she is smarter than the vast majority of us.
-Lower the rates on the rent charged in TC, world tele, etc. (If i want to sell MiBs for 500gp, makes no sense to pay 20k in rent minimum per week to do so). Instead charge a fee based on volume or inventory.
These are just off the top of my head in 5 mins. I think there have been many player oriented solutions (Player Loans, Lava Shop, etc.), but these seem to see minimal success (owners please weigh in). So, in YOUR opinion, what's up with the economy and how can it be fixed (if indeed it even needs fixing). I'll add some more thoughts as they come into my head as well, this was just to get the ball rolling.
TL;DR What's up with the economy and how can we fix it?