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28 Nov 2012
By EFC-LUKE-EFC

EFC-LUKE-EFC

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Lockwood HQ Auction Event Coming soon

21 Replies 557 Views Created 28-11-2012

Spotted this in the new Lockwood HQ

 

 

 

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sam_reynolds01

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Just spotted that myself, quite curious about this.

"enter into a bidding war with a rival, increasing your bid token by token. All the excitement of a real auction without having to leave LKWD HQ!

please note, each auction includes a non refundable 1 token bidding tax."

I'm not entirely sure I like this concept.
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GoodBytes

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sam_reynolds01 wrote:
I'm not entirely sure I like this concept.

 

Agreed.

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GoodBytes wrote:

sam_reynolds01 wrote:
I'm not entirely sure I like this concept.

 

Agreed.



Yes, that sucks! :(

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sam_reynolds01

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It's possible we may get some bargains but what's most likely to happen is, we'll be over charged for an item just because people will want bidding wars and to one up each other.
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Retro_1973 wrote:

GoodBytes wrote:

sam_reynolds01 wrote:
I'm not entirely sure I like this concept.

 

Agreed.



Yes, that sucks! :(


 

I guess it’s designed to keep people from trying to disrupt the auction.  This way you are on the hook for the tax if you intend to bid.  The down side of course being that you are on the hook for the tax if you don’t win the lot.

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sam_reynolds01

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The tax isn't my issue it the whole idea of an auction.
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loonytoon1982

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I don't like the idea of an auction either, just something about it that doesn't seem right when it comes to Home. I'm sure there's going to be some nice items in there but I'm not going to overpay for something just because someone else wants it as much as I do. Then there's the issue that you're going to have to have those tokens available on the account, so even if you want to outbid someone you have to rely on that system working.
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Some people on home will jump at the opportunity for exclusive content, so I can see this auction breaking some records as far as how much is spent on a virtual item.  Any takers for how high the biding will go for a one of a kind virtual item?

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OoO-avatar-OoO wrote:

Some people on home will jump at the opportunity for exclusive content, so I can see this auction breaking some records as far as how much is spent on a virtual item.  Any takers for how high the biding will go for a one of a kind virtual item?


 

it'll be some kid with deep pockets no doubt. Which is where home content leaves a nasty taste in my mouth (much like the casino, and midway to a lesser extent).

 

Auctions, gambling, et al, in the real world are exclusive to the over 18 audience by law.

But because it's not directly cash but purchasing credit, tokens etc, we seem to have reduced that limit to anyone who says they're over 16 (which goes unchecked as we all know).

 

Might sound like an old fart but there's something questionably ethical when you introduce the element of repeated stimulation via gaming or bidding to an underage audience to turn a profit.

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To me this is very dangerous. It could very well backfire on them

 

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Question is, will the item you purchase be unique, or will it be case of 'due to popular demand we released it to general population for a third of what you paid for it a week ago'?
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veilcorp.com
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SYLAS80

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Some gd tunes in this area.. the rock track in the blue room on the right would have been great on BoxBeats rock

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Pessimistic mode ON .....

 

Another way to make to most money outta Home!!!

 

.... pessimistic mode OFF.

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Lockwood have to be careful, Sodium is a dead space averaging 4 people everytime ive been there recently , mercia is still not repaired fully from when it was beta tested, uproar is too painful to wait for and the rewards are not good enough, that me and my friends game launch into Drakes 3 because its quicker. Granzella Heavy Water and N Dreams are catching up fast.

I wouldnt go after exclusive content thats bought anyway or rewards that the game costs too much to play. But its the way home is, lets release a product to a big fanfare with q&a's, parties, you tube videos and lots of woot woots. 4 weeks later its forgotten about. So wait a few weeks see what happens then, rather than go there first day its on and bid against someone.

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Keep Calm and Carry On
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The Auction Event is inherently flawed. Why? Because it uses LKWD Tokens!

 

Tokens are over priced and not worth that you pay for them. But then this is like most of Lockwoods Home catalog. Have you seen those Supermodel poses? They charge you $7 to stand still!

 

But yes tokens, if they go ahead with that the auction is going to be exclusive to those who waste a lot of money on Home trying to prove to us (and themselves) that they are big shots by spending BIG on something SMALL.

 

Besides this theres the little problem of those people who glitched hundreds of tokens a while back and never had the amount removed from their account. These people will certainly have the upper hand on this auction.

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Hi all,

 

There hasn’t been any sort of auction in Home before, so this is going to be a bit of a trial run for us both – we’re running it to see if such an event works within Home. A lot of work has gone into developing this event, which is why we decided that a bidding tax was necessary for the potential success of the Auction Machine; we could be wrong, however, and we’ll need your feedback on this when it launches.

 

We’ve decided to offer three different tiers of item rarity with the Auction Machine, and with each tier comes a different bidding tax cost. The amount stated in the current description is incorrect, as this version of the Auction Machine contains an outdated description – sorry about this. The actual amount will be 10% of the starting price for the item. We have set these prices according to the rarity of the items, so they cannot be artificially increased by early bidders.

 

As we’ve said above, this is just a trial run, so we’re going to be paying close attention to your feedback – the more brutally honest, the better! :smileytongue:

 

Kind regards,

Lockwood

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sam_reynolds01

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I'm still really unsure about this LW, would it be possible to have more info on how the auctions will work?
for example, are they for specific instances or the whole region as a whole? how long does the auction last for? etc
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sam_reynolds01 wrote:
I'm still really unsure about this LW, would it be possible to have more info on how the auctions will work?
for example, are they for specific instances or the whole region as a whole? how long does the auction last for? etc

 

We'll be running 24 hour, 48 hour and 5 day auctions. They'll be starting at staggered times and run across all regions, as we've tried to accommodate as many time zones as possible.

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I think the only ones that will benefit from this are SCAMwood's directors when their books are balanced at the end of the financial year. This is a very bad idea and also very unethical given the fact there is the potential you could be trolled into over paying for an item. Ofcourse, I'm sure GREEDwood dont care about the service users getting ripped off and its all about the £££'s rolling in.

 

I know there are many idiots on here who HAVE to have every little bit of tat on home but I strongly urge you to ignore this 'trial run' because if its not successful and earning CASHwood extortionate revenue then hopefully it wont be around for long.

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The Auction Machine is now active, but not accepting bids just yet.

 

Its a similar interface to the Gift Machine.

 

I had a browse through and looks to me like Lockwood are filling it with exclusive one of a kind items. So if you're the poor soul who spent $1000 on a virtual watch that doesn't even tell the time, you can be happy knowing only you and the hundred other people who hacked it are the only ones on Home who have it.

 

I must say though there are some nice looking things up for grabs. If you have lots of money to waste then this is the event for you.

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