The Effects Of The New Medal Change
I am The Best23
Hello readers!!
Today I want to talk about the new medal change: Starting Day 2,610 (12th of January), Freedom Fighter, Mercenary and True Patriot medals will award you 1,000 Currency (instead of the current value of 5 Gold).
"Based on our studies, these medals didn’t reach their initial goal: to help the progress of the new players. More than this, they had a negative impact on the economic balance of the game, and with this change we aim to solve some of these issues.
We wanted to make this announcement early, so everyone will have plenty of time to prepare for this change, if needed."
Okay so this is getting a lot of criticism which may or may not be deserved. One side claims that by doing this the price of gold will increase dramatically and this will hurt new players further by making it harder for them to upgrade training grounds. Also the influx of currency will make the monetary market a big chaotic mess. And lastly it will be harder to acquire more gold because of the 10 gold rule.
And on the other side...well I haven't really seen the other side; so I will give you that point of view. First let's look at the whole erepublik economy and see what's happening. We will see what brings more gold into the game and what takes it out of the game. We'll do the same for currency
Gold brought into game:
1 gold-Leveling up
5 gold-All medals unless below division 4
X gold-Selling or downgrading companies/training grounds/rocket factory
X gold-Random Military tournaments/Events/Missions
X gold-Purchase of gold with RL money
X gold-10% of all referrals
Gold taken out of the game:
X gold-purchase or upgrades on companies/training grounds/rocket factory
35 gold-9000 storage
2 gold-Newspaper creation
40 gold-Military Unit creation
40 gold-Political Party creation
X gold-energy bars purchase/bazooka parts
99 gold-energy center
199 gold-energy center
X gold-Guerrilla equipment
*I'm not 100% sure on political moves such as MPP costs and airstrikes and such but these cost currency I believe
Currency brought into game:
X currency-Dissolving raw company
X currency-Various occasional military competitions/weekly reward/missions
Currency taken out of game:
X currency-Guerrilla equipment
X currency-Moving regions without moving tickets
10,000 currency-Resistance war
X currency-Raw material company
1,000 currency-Storage
So there you go I think I covered most things. Now it's been 2 years since we have seen any real economy at all so personally I say we may as well try anything because it can't get much worse. That said gold price is currently 200cc which is lower than ever, however gold price can change. Interestingly we have static prices on all companies we buy so when price of gold goes down we can buy more of them. When we intermingle raw companies that cost certain currency with others that cost a certain amount of gold we will want to have balance in our economy. We don't. Currently a q4 costs as much as a q5 and this makes no sense. The reason is too much gold.
Now with bringing in thousands of gold into the game each day it's no surprise the price is so low. Since there is no real way to bring currency into the game at a continuous rate that it is being taken out(disregarding big currency giveaways by military competitions occasionally) there is less and less money to buy gold. The reason is also an even lower gold price. However, what I am curious about is why when lets say they give away millions in currency in a military tournament does this not affect the gold price much? My only answer would be because it goes to the national treasury that most of it gets spent on MPPs or slowly leaks out in the form of supply channels and you don't notice the slow and steady stream.
Okay so let's get back to the basic points(because I probably just confused you, I am bad with words). A lot of currency is taken out of game and none is reintroduced except by very rare occasions of giveaways. And A LOT of gold comes in the game but also a lot goes out mainly through upgrades. So with a low gold price it helps all players create companies faster thus increasing production. You might think this is good but an economist would disagree. Everyone wants a better economy right? So why do we want to ruin it with extremely high production rates way beyond consumption?
My point is simple with this new rule we will have less gold introduced and more currency introduced thus gold prices will skyrocket and it will be harder to make upgrades. This will decrease production and with more currency prices of goods will rise also making companies profitable. I still don't get why you want .02 raws but whatevs. This will actually help the economy believe it or not. The Admins are not just a bunch of greedy people they are improving this game a little bit.
Think of it this way with a q5 weapons raw company it will take you about 933 days to get your ROI. That sucks. So because of the stationary prices of companies this will help make them profitable. Also everything valued by currency will rise so combat orders should increase also. So this will actually help to keep new players because they are not interested in buying as many companies they can to work them 1000 days to get there money back I think an actual economy would attract them and keep them playing more than anything, it worked for me. The only way this hurts is it makes it harder to acquire gold because of 10 gold rule which in my opinion should be a 10 gold limit up until you reach either level 30 or 35 than it is unlimited or at least like 50 or 100.
Lastly, this is not how I would have done things but it's a start. As gold price will go up on a consistent basis until it reaches its equilibrium point likely around a few thousand cc per gold again. Why is this? It's because of the static prices which is just as much good as it is bad. You might also think well if gold is worth 5 times as much and the price of wrm goes to .10 than what's the difference? Well the point is it will affect things in terms of the static prices in this game like resistance wars will happen more often since you could profit from it now. And you could see a slight increase in Guerrilla fights do to lower relative prices but not much since you still need to be really strong so this would only affect those on the edge about the costs. Also MPPs will cost less in relation. So this should help the game but before it gets out of hand Admins need to quickly have another change ready to stabilize it. But just to be clear this will not fix the economy on its own.
One more big realization
Because of the expected rise in gold price the 1000cc from these medals will be less significant. Therefore if price goes up to say 500cc it will be like getting 2 gold and so these certain medals will be less sought after. Meaning the spike in gold price might not be to heavy.
I hope I did not make that too confusing and ramble on too much but since I wrote this article in 2 different times I sort of lost the point I was trying to make. So sorry. Anyways I disagree with most people(as usual) and I think this is a good improvement. It certainly won't fix the economy but it helps. Let me know what you think. Thanks for reading! Good night and good news!
Nobody who gave his best ever regretted it
-George Halas
God Bless America
I am The Best23
Comments
Pole?
I agree with most of our article btw.
Too much gold coming in the game comparing with what was coming out. For cc, not much coming in, so its normal that gold was gaining so much value in comparison with cc.
Me too I don't think it was such a bad play by Plato....
So why do the 10 x gold for BH if too much gold is the problem?
You may have a point and could see tat end but I doubt it. My guess is some reasons are Bc it increases activity, it also increases consumption of mainly weapons to keep price from falling. And possible other reasons but it gives people a reason to play another day also could be possible that it actually takes gold out if lets say you have multiple players competing for it and they all use energy bars bought with gold. But main reason is Bc it probably increases their revenue since more ppl will by war packs and stuff like that
Prices are relative. What is the point of having a 0.10 raw if gold prices are 5 times higher?
There is a good chance of Inflation hitting everything, except the earnings from the medals that were changed.
Worst case, inflation hits only the gold market and nukes the game even more.
There are a lot of things to fix in the game, this shouldn`t be a priority.
You bring up a good point and for that I had to edit my article some. So yes under your scenario it would take just as long to get your ROI but the difference can be felt elsewhere too, as in MPPs and resistence wars. I think the price of gold will skyrocket continuously until it gets to a certain point where it is then worthwhile to buy raw companies with money v. gold but with the low raw prices you might not see too many new firms entering so potentially it could go very high. I do not support this as a complete fix but it will help if they can make some other big key changes very quickly.
Great article!
V
FIST
I appreciate your article. Good work!
remove all gold from medal or leveling!
to stop players from creating multies to get gold!
allow people to work as much as they want as long as they have food!
player will work more to get more food to get more weps!
then factories will fill to capaciticty with workers! and players will need to build tons more factories! wep and food prices will go up! every player will want q7 weps but there will not be enough production so they will buy lowerer q weps! everyone wlll be happy!