When Shifeng heard A Melancholy Smile's report, he could not help his joy.
He had been waiting for this moment for a long time.
"Good! Have a few of the Battle Arena's advanced NPCs take over the management of the Auction House. Afterward, we'll open the Auction House to the public. Also, announce to the public that the Auction House will only charge a 1% processing fee. As long as you become a member of the Ling Yi Auction House, you'll be exempt from the processing fee for the five items you consign each day. Meanwhile, if you wish to become a member of the Auction House, you'll only need to pay a one-time fee of 10 Magic Crystals, "Shifeng said, smiling faintly." It's about time we eliminated Red iron Town. "
"Guild Leader, isn't this a little too ruthless?" A Melancholy Smile was slightly astonished.
Normally, NPC cities' Auction Houses would charge a processing fee of 15% or more. Kingdom cities' Auction Houses charged a processing fee of 20% or more. Take Red iron Town for example. Although it was only a 5% processing fee, if one sold an item worth 1 Gold, they would earn an additional 5 Silver Coins. Generally, the items that players were willing to sell in the Auction House were not particularly valuable. Reducing the processing fee by 5% would save them a lot of money.
Moreover, Red iron Town's free access to the mine had attracted many players. Hence, many players had visited Red iron Town to sell their items. As a result, Red iron Town's popularity had skyrocketed.
Now that the Auction House only charged a 1% processing fee, they would be fortunate to maintain the Auction House. After all, there were only a limited number of players in a town. The number of items they could sell each day was very limited. Moreover, the Auction House itself was a very large building. Normally, it would require several hundred NPCs to manage it. Not to mention, an Advanced Auction House like an Advanced Auction House required even more NPCs to manage it.
Although the Auction House could beat Red iron Town by doing this, it would also prevent the Ling Yi Society from making any money …
"It's fine. Just do it." Shifeng chuckled. He did not bother to explain. Instead, he took out a Guild Transfer Scroll from his bag and teleported to Stone Forest Town's Guild Residence.
In God's Domain, the Auction House was always the most profitable business for a Guild Town. Even the Battle Arena, which had been popular in God's Domain, could not compare to the Auction House's profits.
This was also why the various major powers and many independent players believed that the Sky Burial Society could catch up to the Ling YI Society in the future. After all, financial power and resources were the foundation of a Guild. Without financial power and a sea of resources, a Guild could not develop.
Although only charging a 1% processing fee might seem low, with Stone Forest Town's player population, just breaking even would be a miracle. However, Ling Yi had more than just Stone Forest Town. He also had a small city that he planned to construct. At that time, not only would Stone Forest Town's player population skyrocket, but he could also attract even more players to his new city. At that time, his profits would naturally soar. Moreover, as more Auction Houses appeared in Stone Forest Town, to increase the Guild's competitiveness, the processing fee would also decrease.
He could do this, but the Sky Burial Society's Red Iron Town couldn't. This would be a devastating blow to the Red Iron Town's auction house. It was killing two birds with one stone.
"I understand." A Melancholy Smile then disconnected the call, shaking his head and smiling bitterly. If the Sky Burial Society found out about this, they'd most likely cry.
Meanwhile, inside Red Iron Town's Auction House, Daybreak Fog announced the Heaven's Burial Auction House's new rules. The original 10% processing fee would be reduced to 5%. Immediately, the players in the Auction House went into an uproar.
"The Sky Burial Society is so generous! They're reducing the processing fee by half! It seems they're trying to pressure the Ling YI Society! "
"Hahaha! I came at the right time! I'll be able to earn a few more Silver Coins now!"
"Isn't this a little too cheap? Even if players from other cities teleport here to sell their items, as long as the items they sell are valuable enough, they'll still make a small profit."
"Is Red Iron Town on the rise?"
…
When the players in the Auction House heard the news, they were shocked by the Sky Burial Society's crazy actions.
This news quickly reached the ears of the Starmoon Kingdom's various powers.
"Has Sky Burial Society lost its mind? Isn't it afraid that it won't make any money by doing this? "
"It seems the Ling YI Society has truly angered the Sky Burial Society. Although the Sky Burial Society won't make much money by doing this, the number of players heading to Red Iron Town will definitely surpass the number of players in Stone Forest Town. With this, I'm afraid the Sky Burial Society will snatch away Ling YI Society's title as the number one town in Stone Forest Town."
"Hahaha! The Ling YI Society is in trouble now. The Sky Burial Society actually made such a move before the Auction House. When the time comes, the number of players willing to purchase private houses and Shops in Stone Forest Town will definitely decrease. The Ling YI Society will most likely go mad with anger."
The various powers were inwardly shocked by the Sky Burial Society's crazy actions. However, they were also happy to see it.
Currently, the majority of the players heading to Red Iron Town to sell their items were players who lived in Star-Moon City. If players from other NPC cities visited Red Iron Town, the teleportation fees would be quite expensive. Now that the processing fees had been halved, the teleportation fees could be made up for. At that time, a large number of players from other NPC cities would visit Red Iron Town. It was only a matter of time before Red Iron Town surpassed Stone Forest Town's.
For a time, the independent players and adventurer teams in the various NPC cities in the Starmoon Kingdom were tempted by the news. They began to organize their items, preparing to make a trip to Star-Moon City.
Due to the news of Red Iron Town's Auction House, some of the players who had originally planned to sell their items in the Star-Moon Auction House traveled through Evernight City to visit the Heaven's Burial Auction House. In less than half an hour, the player population of Red Iron Town had skyrocketed by 50,000. Now, it was only a little over 100,000 away from Stone Forest Town's player population.
"Big Sis Fog, we've brought the rare items the Guild Leader had us bring. Moreover, according to the reports we've received, many of Stone Forest Town's merchant players have already left the town. By the looks of it, they seem to be heading to Red Iron Town," a Level 30-plus female Assassin reported.
"Good. Sell them in batches in the Auction House. I want to see just how many people will buy the private houses and Shops in Stone Forest Town," Daybreak Fog said, nodding with a smile.
Although the Sky Burial Society wouldn't earn much money, it would be enough to attract a large number of merchant players to Stone Forest Town.
Meanwhile, in front of Stone Forest Town's Advanced Auction House, the massive building had piqued the curiosity of many players.
"That building is so big! It's practically the size of a Battle Arena! Is Stone Forest Town going to open another Battle Arena?"
"That shouldn't be possible, right? Only one Battle Arena can be constructed. If Stone Forest Town can construct two Battle Arenas, we'll have a much easier time renting combat rooms in the future. We won't have to wait in line for several hours …"
"Huh? Quick, look! The magic barrier is starting to disappear!"
Just as some of the passing players were discussing the Advanced Auction House, the massive magic barrier enveloping the Advanced Auction House began to shatter inch by inch, revealing its true appearance.
Immediately, a magnificent building the size of a Battle Arena appeared before everyone's eyes.
Meanwhile, several large words were carved into the entrance of this magnificent building.
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.
