To get a full picture of just how greedy this is, take a close look:
This new auction house functions similar to the original Auction House, and offers a convenient place to trade equipment for Astral Shards, a currency that provides additional in-game services! The Shard Exchange is available by visiting an Auction House NPC or by selecting the Shard Exchange in the start menu (the "dragon coin" in the lower left of the screen.)
* The Shard Exchange is available to Premium and VIP players.
* The Shard Exchange utilizes Astral Shards both as a bid and reward currency.
* Unbound and Bound-to-Character-on-Equip items can be traded. Equipped Bound-on-Equip items can be sold even after they are bound, but become immediately bound to the buyer.
* Posting fees for unbound items is one Shard, and posting fees for Bound on Equip items is five Shards. These fees are refunded if the auction expires.
* Premium players can currently post up to ten items, and VIP players can post up to 20 items.
* The default bid for unbound items is three Shards, while the default bid for Bound on Equip items is fifteen Shards.
* The Shard Exchange will take a 30% cut (on top of the posting fee) when unbound items are successfully sold, and a 40% cut (on top of the posting fee) for bound items.
* LAMANNIA ONLY: There is currently a bug in the Shard Exchange that causes the Exchange to take at least 100 shards from Auction profits. This is not intended, and will be fixed for the system's deployment to the live servers.
Let's say that you are posting an unbound item. It costs you 1 shard to post. Now let's say that your item only sells for the minimum bid, 3 shards. Turbine is taking a 30% cut out of that. You get 2 shards. Good for you, you doubled your shards.
But, those 4 shards (the one you used to post the auction and the 3 the buyer used to make the purchase) generate just 2 shards. The other 2 shards leave the game. They are taken completely out of circulation.
Now, let's say that it cost $1 per shard. Two players have just spent $4 to earn $2. And that is supposed to make sense? Turbine can give a 10% reduction on astral shards and still ends up taking as many as half of them out of the game. They effectively double the price of astral shards in one fell swoop.
And, bound items are no better.
It costs me 5 shards to post a bound item. If it sells for the minimum that is 15 shards. But, Turbine's take is 40%. That is 6 shards. So I don't even double my shards. Of the 20 shards in the transaction, only 9 remain in the game. At the same $1 per shard that means two players have spent $20 in order to earn $9. Now Turbine has more than doubled the price of a shard.
Note: the $1 per shard is just to make it easy to understand. It doesn't matter if it is 10 cents or 50 cents -- the bottom line is that Turbine is eliminating half or more of the shards from the game just by means of posting fees and profit cut.
Where but in America can people rob you and make you ask to be robbed again?
What a great country we live in.
