The realistic offline trading concept aka auction house

[k05h]

We all wish for this simple and convenient auction house that makes trading a breeze. We can all dream up a free and unlimited trades but I think it is more important to be realistic. That means there must be a big incentive for DE to get into this endeavour called auction house. Let us not forget that the Warframe has been doing amazingly without an auction house so far. 

Here is my idea of a more realistic auction house offline trading that makes DE money, that will not replace trade chat (initially) but be an addition and that requires sacrifices for convenience from the players. 

Initial access to offline trading

Trading is associated with Darvo and Baro Ki’Teer. Either supply an auction house key through Darvo after rescuing Clem 3 times or let Baro sell the key for 100 ducats.

Placing a sell order

To place a sell order in offline trading the tradeable item is put into escrow. Thus removing it from your inventory. You can then enter the price that can only be a multiple of 20p, must be at least 20p and can be at max 600p. This means 20p, 40p, 60p, … 600p. This system protects prices from getting too low, from too much underbidding and from scammers going too high.

Once you placed a sell order it cannot be altered or removed. The order stays until the item in escrow is either sold or 7 days have passed without selling the item. If the item has not been sold successfully you have to pick up your item from escrow in offline trading. 

Taxation / Platinum drain

Every succesful sale is taxed with a 25% platinum tax on the side of the seller. That tax is automatically taken after a successful offline trade. It means 5p tax for a 20p sell order, 10p for 40p sell order and 125p for a 600p sell order.

This part is important to give DE an incentive to keep the offline trade running. It is an automatic platinum drain. The individual player has to pay for the convenience of offline trading. If a player thinks taxation is too high the normal trade chat and Maroo’s Bazar are still an option.

Limiting sell orders

Every tenno can initially place 5 sell orders at offline trading once he has access to it. Every sell order has a cooldown of 7 days after placing it. Meaning, that even if an item is sold immediately you have to wait the remainder of the 7 days before you can use that sell order again for another item. This limits spamming the offline trading and keeps players coming back to place their sell orders.

Acquiring additional sell orders and limits

Acquiring more than your 5 sell orders can only be done by purchasing Prime Access. Each Prime Access or Prime Vault will contain one additional permanent sell order. It does not matter what part of the Prime Access or Prime Vault has been purchased, one permanent sell order is included. Activation retroactively could be done similar to the prime noggles. 
The is a limit of 10 additional permanent sell orders. Meaning you can have at maximum 15 permanent sell orders. 

Buying at offline trading

Once a tenno has access to the offline trading buying underlies a similar logic as selling. The number of purchases is the same number as sell orders. Initially only 5 purchases every 7 days are allowed. Having acquired Prime Access or Prime Vault will also increase your number of purchases in the auction house. There is no credit trade tax when buying in the offline trading house. This put an incentive on using offline trading. 

Playing around with the system

I stressed the term permanent sell orders because buying additional one-time sell/buyer orders could be implemented at any time the market is too sluggish. One time sell/buy orders could be sold through Baro Ki’Teer for 100 ducats or as drops from Twitch. Newer players could be awarded with one additional buy order every now and then. 

Risk and reward by control over economy

There is a certain risk once this system is successfully implemented. DE could restrict items from by being sold in free trade or allow once untradeable items into the auction house. 
One scenario could be that non-prime parts can be traded only in the auction house. Probably not the newest warframes but everything older than 24 months could be considered.
Another scenario that I can clearly see is restrict any riven trading to the offline trading house. That would be a way to control the wild west mentality of that particular trading area and help to make the trade chat less cluttered. 
 

[GnarlsDarkley]

9 minutes ago, k05h said:

an only be a multiple of 20p, must be at least 20p and can be at max 600p. This means 20p, 40p, 60p, … 600p.

I already quit reading here... And 1 question:

edit: 

Imagine Sentirum 20p each and Arcane Energize Rank 3 600p 

Edited June 7, 2019 by GnarlsDarkley

[Dhrekr]

Two threads about an auction house within three hours one from the other?

How have we been so blessed? This is more than our usual daily quota of auction house proposals! This is Auction House Overdose!

 

Ok, for the proposal: it is very vanilla, but players would hate hate hate hate hate such a platinum tax. They'd scream and kick and be generally much angrier at DE as they are now. They'd flood the forums to say that DE is greedy.

I know what you are about to write: "but normal trading can go on as normal, without platinum tax, players who don't want to pay can still do it the normal way", but the human brain doesn't work like that.

[HellVOps]

I will give you some points on trying to post it in the right subforum, but the context? bruh......auction house never 

[krc473]

6 minutes ago, k05h said:

Limiting sell orders

For me, this would make the system worthless. If you can sell only five items a week (or pay large sums of real money) there is no incentive to actually use your system.

6 minutes ago, k05h said:

Taxation / Platinum drain

I think that 25% is far too high. Yes, I get that using trade chat is still an option. But what use is the system when it pushes people to still use trade chat?

 

When you combine the limitation in sales (5 per week) and the exorbitant 25% fee, I can see little reason to actually use this system. I do not think this is a good idea at all. Perhaps if these numbers were adjusted to actually promote usage by players it would work better. DE would likely make more on a 5% fee than a 25% fee. This is simply because more people would use it with a lower fee.

[EDM774]

[k05h]

vor 8 Minuten schrieb GnarlsDarkley:

I already quit reading here... And 1 question:

edit: 

Imagine Sentirum 20p each and Arcane Energize Rank 3 600p 

98% of wf market orders are way below 600p and that makes it a decent majority of the trades ¯\_(ツ)_/¯

[svegurok]

1) tying it to Prime Access sounds a lot like P2W

2) making it 25% would be very greedy

3) it would be way easier for players to sell stuff for real money as every in-game auction does

 

Only thing i would change about trade is necessity of going to Dojo. I think we could have a buildable segment in our ship that would allow you to trade with other players in your group and you would have to change your Group setting from Public to Invite only or Trade only (new group setting).

Edited June 7, 2019 by svegurok

[AmadeusProject]

No limitations on pricing or whatsever, just limitiations of products sold per week is enought to avoid exploits, 10 produts per week or something like that, a low number to avoid abuse, beign able to purchase as many items as you want, but just being able to sell 10, if someone wants to sell 10 Anasa for 5 plat in his week of trading, I bethe will sell so fast that won't be an issue in the product's value, people will still buy Anasa at 20 plat, and he tries to sell at 20 plat, he will still sell his 10 Anasa, may take 3 hours instead of 30 seconds, or may take 3 days or 6, but since is a small ammount of items in the entire weeksm there's no need to sell cheap to sell fast.

that way we will have a lot of passive income, people will give value to time spent on that item and both tradechat and external sites for trading still will be used for most more transactions.

BUT, we have to consider alternative accountsand how to handle that.

I think the right route is keep really low and not exploitable for caping and profit in another's work, leave that for trade chat, just some easy quality of life method of comerce between players that don't want to hardcore grind for trades, but sell some junk for their initial plat or for busy folk to sell some stuff that they don't have time to and will keep hording to stuff and never selling for lack of patience to wait for a buyer that offers an honest price for their time and effort

[Lance_Lionroar]

49 minutes ago, k05h said:

We all wish for this simple and convenient auction house that makes trading a breeze

No we don't.

 

50 minutes ago, k05h said:

To place a sell order in offline trading the tradeable item is put into escrow. Thus removing it from your inventory. You can then enter the price that can only be a multiple of 20p, must be at least 20p and can be at max 600p. This means 20p, 40p, 60p, … 600p. This system protects prices from getting too low, from too much underbidding and from scammers going too high.

That sounds so useless, I'm actually impressed.

 

51 minutes ago, k05h said:

Acquiring more than your 5 sell orders can only be done by purchasing Prime Access. Each Prime Access or Prime Vault will contain one additional permanent sell order. It does not matter what part of the Prime Access or Prime Vault has been purchased, one permanent sell order is included. Activation retroactively could be done similar to the prime noggles. 
The is a limit of 10 additional permanent sell orders. Meaning you can have at maximum 15 permanent sell orders.

Just LOL.. So the game manages to stay clear of any pay to win practices, keeping the balance between free players and paying players all these years, and with this simple brilliant idea, you break it all down. Pay us 60 bucks to get an additional permanent "trade"? Genius. If you don't pay those 60 bucks, tough luck.

Of all things to tie this to, you choose Prime Access. Wew lad.

And nice arbitrary limit you picked too, 10 additional orders? Is that your magic number? Could've been 9 or 12 or anything. Also, that would mean waiting for and purchasing 10 Prime Accesses. Sounds lovely.

54 minutes ago, k05h said:

This put an incentive on using offline trading.

Hate to break it to ya, but none of what you just posted puts an incentive on anything.

 

All in all, one of the best threads I've ever read, 10/10 would read again.

[xZeromusx]

[SulfuradoG]

the moment there is an auction house, the market crashes. no ifs and buts

[thecursedcometh]

16 hours ago, k05h said:

You can then enter the price that can only be a multiple of 20p, must be at least 20p and can be at max 600p. This means 20p, 40p, 60p, … 600p.

Forcing select prices is not a very good way to get players to use the system.

And another thing:

Quote

We all wish for this simple and convenient auction house that makes trading a breeze.

First rule of making threads: NEVER assume people agree with you.

Quote

Every succesful sale is taxed with a 25% platinum tax on the side of the seller. That tax is automatically taken after a successful offline trade. It means 5p tax for a 20p sell order, 10p for 40p sell order and 125p for a 600p sell order.

This part is important to give DE an incentive to keep the offline trade running.The individual player has to pay for the convenience of offline trading. If a player thinks taxation is too high the normal trade chat and Maroo’s Bazar are still an option.

How in the flying hell do those two statements correlate? Paying for convenience? Why? Then it's not convenient.