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UPDATE: Blizzard has sent out a new "feature preview" video to explain the entire WoW Token system, including purchasing, redeeming, selling and more. Check it out below.
Blizzard has announced that the Blizzard Token will begin being sold in the Americas region (North America, Latin America, Australia, and New Zealand) beginning after the weekly update on Tuesday, April 7th. The tokens will sell for $20 USD / $25 AUD. Players will be limited to purchasing ten tokens over 30-days but Blizzard will be assessing that number over time.
At this point, the amount of in-game gold for which tokens will be sold will be 30,000 via a special version of the World of Warcraft Auction House, though the market to determine how much gold each token is worth over time.
Once purchased in game, the tokens become soul bound and can be kept indefinitely until a player chooses to redeem one for a month's subscription time.
Check out the full announcement on the World of Warcraft community site.
Comments
The starting price is a bit higher than i expected. I expected no more than 25,000 gold. But then again, I was thinking the tokens would sell for $15 USD as well so the 30k figure makes more sense for the fact its 20 USD.
All in all, only time will tell how useful this will be depending on how high Blizzard will inevitably raise the gold price of the tokens.
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It never would have been 50k, least not to start. 15 dollars is equivalent to about 18-20k gold at most gold selling websites for example. A large part of the reason they made tokens is to put a dent into gold farmers website usage and as such how much they're charging for gold will remain a factor in how much they sell their tokens for.
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I see a problem with that though, since the market will decide on the price of tokens. Initially, blizzard set the price at 30k, but if there isn't any demand for them, in say, 6+ months or a year, the price will stabilize, and then gold sellers will still sell below that price anyway.
If they really wanted to hurt gold sellers, they would make everything soulbound, including currency. That will never happen though. lol.
Doing what you suggests doesn't hurt just the gold sellers. That hurts everyone that plays the game and is counterintuitive to your goal.
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I expected the the amount of gold to be a lot higher, after all making gold in this game is easy at max lvl, you have 30 days to make it.... say 1000 gold every day for 30 days = 30,000 witch = 1 token = 30 days game time.
Alternate methods for game time via in game currency is not ment for casual players, it is for those who invest a lot of time playing the game. I am sure casual players are not the target market for this...
the missing link in a chain of destruction.
All spelling and typographical errors are based soely on the fact that i just dont care. If you must point out my lack of atention to detail, please do it with a smile.
I bet there is a hard cap that determines that the price cannot go below say 20,000.
So i don't believe for a second that supply and demand controls anything.
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They have never said supply and demand controls it. They just alluded to "the market" will determine the price.
Blizzard is the sole entity that controls how much anyone can sell the tokens for. As such, there are no caps because they control the price at will. You cannot sell the tokens for whatever you want to sell them for. They set a price for you.
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Personally Im curious how its going to affect the rest of the auction house market.
Someone who was willing to blow 10K on an item may want to hold on to their gold instead. Im thinking hi-end (hi-priced) auction items may suffer a down in value.....10% maybe 15%? I dont see it getting hit any harder than that.
And I may be misunderstanding it. But I dont think anyone is stuck at selling a token at 30k gold if they so dont choose. So I can buy 15 tokens and blow them out the door at 20K if I want. Or did blizzard lock the prices?
"I understand that if I hear any more words come pouring out of your **** mouth, Ill have to eat every fucking chicken in this room."
I see high priced auctions going up because some one with too much money will just spam sell tokens and buy up all the stuff. for those who played on Malygos around 2006 should remember the name Perber. the guy would literally buy out everything on the AH and repost it for much higher prices. He only did this because people would still pay for it.
to be fair he was a decent guy, just had no problems taking advantage of the AH and the stupid amount of gold he had.
the missing link in a chain of destruction.
All spelling and typographical errors are based soely on the fact that i just dont care. If you must point out my lack of atention to detail, please do it with a smile.
So youre thinking that the ones with RL money will cause an inflation in the price of the non-token auctions?
Hmm, I could see that happening.
Would take only 2-3 disposable income people per faction to cause a bit of some runaway inflation.
Nice.
"I understand that if I hear any more words come pouring out of your **** mouth, Ill have to eat every fucking chicken in this room."
Why would Blizzard care, as long as people were still spending $20 real cash?
The more people that spend $20 to buy a token the more money they make. It doent matter what they are being sold/bought for in-game, because in-game gold has no real value.
Hell, if they really wanted to the could create a few characters of their own and then />admin spawngold 1000000 /name:blizaccnt01
And then buy up their own tokens, lets say 100 of them. So they've used virtual money (that costs them nothing) to make themselves $2000 (in real money).
The great part is it doesnt even matter what they buy them at. Because no matter what the tokens are still purchased with a real twenty dollar bill ($20).
"I understand that if I hear any more words come pouring out of your **** mouth, Ill have to eat every fucking chicken in this room."
This is why people like you are not in charge of anything important. Oh, except the US government.
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I could make a couple hundred thousand a week from having multiple max levels, perusing the crafting system, exploiting the auction house and doing a specific raid on each character. That was maybe playing an hour a day (after the first month of rushing characters to max).
Making gold is incredibly simple in WoD.
I too enjoyed doing that specific raid on each character.
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"I understand that if I hear any more words come pouring out of your **** mouth, Ill have to eat every fucking chicken in this room."
There is a separate regional (versus server) auction house. Whatever "the market" demands will be the set price for ALL tokens on the market at that time and all will be adjusted according to fluctuations in the supply/demand chain. Players can neither arbitrarily set prices for the tokens, nor can they be traded face-to-face between parties, but only via the special, regional Auction House.
¯\_(ツ)_/¯
Ahh I understand now. Shit.
Well so much for my WoW world gold domination scam.
"I understand that if I hear any more words come pouring out of your **** mouth, Ill have to eat every fucking chicken in this room."
We know you it's you Obama, can't fool us clever people.
As mentioned above the price at which the tokens can be sold is fixed.
I think you are suggesting however that someone buys the tokens at the fixed price and then "spam sells" them on to someone else? That avenue is blocked however because the tokens bought on the AH are soul bound.
And if you decide to do that and buy tokens I suspect Blizzard will be perfectly happy. If you think it through: