World of Warcraft's gold rush has upended Blizzard’s economy from wisepowder's blog
There has been an economic panic in World of Warcraft. On Feb. 6, Blizzard changed the rules, allowing players to exchange WoW Tokens for Battle.net balance. That means that gold you earn or buy in World of Warcraft can now be used in any Blizzard property.To get more news about WoW Classic items for sale, you can visit lootwowgold official website.
This has caused wild fluctuations in the value of the tokens, the value of WoW gold and, by extension, the time WoW players spend earning that gold.WoW Tokens are Blizzard’s mechanism for allowing players to spend real money to buy gold, the in-game currency players can earn from killing monsters, completing quests and selling loot to vendors.
The in-game gold economy has been plagued by shady outfits trying to sell gold for cash since the game launched in 2004, and a litany of other problems, including players automating play or “botting,” item duping and widespread account theft by hackers looking to strip players’ characters and sell off their stuff came along with the business.
In 2015, Blizzard started letting players buy gold from each other using WoW Tokens, to try to control the process and mitigate damage. “Time is money, friend — but sometimes one is harder to come by than the other,” Blizzard says on the official page. “Now World of Warcraft players can use the WoW Token in exchange for game time or Battle.net Balance!”
You can buy a Token for $20 in the in-game cash store, and sell it on the Auction House, where another player can buy it with an amount of gold dictated by the current market value of a token. You can’t sell a token again once you’ve purchased it with gold, but you can cash it in for game time.Compared to economy-heavy games like EVE Online, this is a very simple system for allowing real-world currencies and real-world commodities to interact with the in-game economy in much more complex ways. A Token is just a one-time transaction that allows players to buy and sell gold.
This mechanism allows the creation in-game of a commodity — subscription time — that has value without affecting gameplay or the scarcities of other valued items.
This means that it allows players to buy gold that other players are already producing in the economy without having to do business with shady characters in the illicit gold-selling industry, such as Donald Trump adviser Steve Bannon.
And, theoretically, the gold players get from tokens is created through legitimate means, rather than the cheating and criminal activity that filled the coffers of illicit gold-sellers.
This has caused wild fluctuations in the value of the tokens, the value of WoW gold and, by extension, the time WoW players spend earning that gold.WoW Tokens are Blizzard’s mechanism for allowing players to spend real money to buy gold, the in-game currency players can earn from killing monsters, completing quests and selling loot to vendors.
The in-game gold economy has been plagued by shady outfits trying to sell gold for cash since the game launched in 2004, and a litany of other problems, including players automating play or “botting,” item duping and widespread account theft by hackers looking to strip players’ characters and sell off their stuff came along with the business.
In 2015, Blizzard started letting players buy gold from each other using WoW Tokens, to try to control the process and mitigate damage. “Time is money, friend — but sometimes one is harder to come by than the other,” Blizzard says on the official page. “Now World of Warcraft players can use the WoW Token in exchange for game time or Battle.net Balance!”
You can buy a Token for $20 in the in-game cash store, and sell it on the Auction House, where another player can buy it with an amount of gold dictated by the current market value of a token. You can’t sell a token again once you’ve purchased it with gold, but you can cash it in for game time.Compared to economy-heavy games like EVE Online, this is a very simple system for allowing real-world currencies and real-world commodities to interact with the in-game economy in much more complex ways. A Token is just a one-time transaction that allows players to buy and sell gold.
This mechanism allows the creation in-game of a commodity — subscription time — that has value without affecting gameplay or the scarcities of other valued items.
This means that it allows players to buy gold that other players are already producing in the economy without having to do business with shady characters in the illicit gold-selling industry, such as Donald Trump adviser Steve Bannon.
And, theoretically, the gold players get from tokens is created through legitimate means, rather than the cheating and criminal activity that filled the coffers of illicit gold-sellers.
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