Economics - Revision history

Royal: /* Some background */

2024-07-24T16:48:33Z

Some background

← Older revision		Revision as of 16:48, 24 July 2024
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	Historically, we've blown right past all of those things.		Historically, we've blown right past all of those things.

	* ''Input cost'' is static - a shield always requires 20 Ore and this is hardcoded physics. All shields, everywhere, require the exact same inputs, and the cost of that input is also fixed. One Ore is fixed ~~by Heaven~~ at 2cp. Every shield requires 40cp in input cost, regardless of who's making it out of what and where.		* ''Input cost'' is static - a shield always requires 20 Ore and this is hardcoded physics. All shields, everywhere, require the exact same inputs, and the cost of that input is also fixed. One Ore is fixed at 2cp in the same way that gravity is fixed by mass. Every shield requires 40cp in input cost, regardless of who's making it out of what and where.
	* ''Process'' is likewise identical. v1 made some strides here in charging time for process and providing some skills that allowed for acceleration of process, but process cost was glossed over or folded into input costs.		* ''Process'' is likewise identical. v1 made some strides here in charging time for process and providing some skills that allowed for acceleration of process, but process cost was glossed over or folded into input costs.
	* ''Output product'' chokes when every smith in every forge in every city on every world produces exactly the same shield. You cannot, by mechanical definition, produce a shield that is any better or any worse than any other shield.		* ''Output product'' chokes when every smith in every forge in every city on every world produces exactly the same shield. You cannot, by mechanical definition, produce a shield that is any better or any worse than any other shield.

Royal: /* Some background */

2024-07-24T16:36:12Z

Some background

← Older revision		Revision as of 16:36, 24 July 2024
Line 13:		Line 13:
	Historically, we've blown right past all of those things.		Historically, we've blown right past all of those things.

	* ''Input cost'' is static - a shield always requires 20 Ore and this is ~~legislated by God~~. All shields, everywhere, require the exact same inputs, and the cost of that input is also fixed. One Ore is fixed by Heaven at 2cp. Every shield requires 40cp in input cost, regardless of who's making it out of what and where.		* ''Input cost'' is static - a shield always requires 20 Ore and this is hardcoded physics. All shields, everywhere, require the exact same inputs, and the cost of that input is also fixed. One Ore is fixed by Heaven at 2cp. Every shield requires 40cp in input cost, regardless of who's making it out of what and where.
	* ''Process'' is likewise identical. v1 made some strides here in charging time for process and providing some skills that allowed for acceleration of process, but process cost was glossed over or folded into input costs.		* ''Process'' is likewise identical. v1 made some strides here in charging time for process and providing some skills that allowed for acceleration of process, but process cost was glossed over or folded into input costs.
	* ''Output product'' chokes when every smith in every forge in every city on every world produces exactly the same shield. You cannot, by mechanical definition, produce a shield that is any better or any worse than any other shield.		* ''Output product'' chokes when every smith in every forge in every city on every world produces exactly the same shield. You cannot, by mechanical definition, produce a shield that is any better or any worse than any other shield.

Justin: Added additional Q&A content

2024-07-08T14:44:52Z

Added additional Q&A content

← Older revision		Revision as of 14:44, 8 July 2024
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	A Not to worry, prices will lock in 1 Week before the event after being modified by the goings on at the last game and any in between game actions/plot happenings. These prices will stay locked until the week before the next game! So don't worry, you won't have to be watching the market nonstop like you're on Wall Street		A Not to worry, prices will lock in 1 Week before the event after being modified by the goings on at the last game and any in between game actions/plot happenings. These prices will stay locked until the week before the next game! So don't worry, you won't have to be watching the market nonstop like you're on Wall Street



			Q How are Component prices figured on the Nexus Market Standards?

			A Each "entity" of note (cities/nations/ect) has an entry that reflects their local prices, we take allllllll those entries and do some Google Sheets magic to compile them in to an average modifier, that is then used to calculate the prices of components. Which in turn is used to build the rest of the Market Standards for all crafted items in Nexus!

Justin: more content added

2024-07-03T23:53:08Z

more content added

← Older revision		Revision as of 23:53, 3 July 2024
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	== The Nuts and Bolts ==		== The Nuts and Bolts ==
	Hello! Your friendly, if slightly unhinged, Econ Marshal here, I'm going to give a high level view of how our new Economy works! This will give you a place to start asking questions from and I'll update this over time. For ease of information digestion I'll present this in a Q&A format, let's get to it!		Hello! Your friendly, if slightly unhinged, Econ Marshal here, I'm going to give a high level view of how our new Economy works! This will give you a place to start asking questions from and I'll update this over time with FAQs.

			For ease of information digestion I'll present this in a Q&A format, let's get to it!

	Q What are the building blocks of the game Economy?		Q What are the building blocks of the game Economy?
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	Q Alright, I've got ~~components~~, but I want money. How do I make that happen?
			Q Alright, I've got treasure from various toooootally legal things, but I want money. How do I make that happen?

	A You either sell them to another player, or a friendly NPC your character knows well enough to make deals, OR take the [[Merchant (Skill)]] to allow you to sell to the NPC market.		A You either sell them to another player, or a friendly NPC your character knows well enough to make deals, OR take the [[Merchant (Skill)]] to allow you to sell to the NPC market.
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	A Yes! You can sell items in game for in game coin. However, no real world money may change hands in game. If someone wants to bring snacks and sell them in game for in game money that's fine. No skill is required for this.		A Yes! You can sell items in game for in game coin. However, no real world money may change hands in game. If someone wants to bring snacks and sell them in game for in game money that's fine. No skill is required for this.



			Q How do prices get figured?

			A We have an interactive economy that spreads across multiple cities, nations and even planes. So our prices in Nexus, which is a hub of sorts, will be an average of the all these places. Once we figure up the average price of components its just a couple formulas and such to get the price of your desired item! I have taken a lot of the work out of this for you lovely players by setting up all of that spreadsheet mumbo jumbo to fill in to the nice and neat doc I mentioned earlier



			Q Our prices can change?! How do we keep up over the weekend?!

			A Not to worry, prices will lock in 1 Week before the event after being modified by the goings on at the last game and any in between game actions/plot happenings. These prices will stay locked until the week before the next game! So don't worry, you won't have to be watching the market nonstop like you're on Wall Street

Justin: adding to Q&A

2024-07-03T16:28:05Z

adding to Q&A

← Older revision		Revision as of 16:28, 3 July 2024
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	A By having the Estimate Value skill. Having this skill will give you access to the Market Standards sheet. This will be available at the Marshal station and you'll have access to a copy OOG in the form of a google doc. Keep in mind the prices will update every game!		A By having the Estimate Value skill. Having this skill will give you access to the Market Standards sheet. This will be available at the Marshal station and you'll have access to a copy OOG in the form of a google doc. Keep in mind the prices will update every game!



			Q Can I run a shop in game?

			A Yes! You can sell items in game for in game coin. However, no real world money may change hands in game. If someone wants to bring snacks and sell them in game for in game money that's fine. No skill is required for this.

Justin: Formatting

2024-07-03T16:11:42Z

Formatting

← Older revision		Revision as of 16:11, 3 July 2024
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	A It does indeed! We have Ore, Herb, Residuum and Foodstuff. It's then broken down in to rarity: Common, Uncommon, Rare and Named. (Foodstuff stops at Rare currently just so ya know)		A It does indeed! We have Ore, Herb, Residuum and Foodstuff. It's then broken down in to rarity: Common, Uncommon, Rare and Named. (Foodstuff stops at Rare currently just so ya know)
	~~Q How do I get these Components?~~

Justin at 00:17, 1 July 2024

2024-07-01T00:17:42Z

← Older revision		Revision as of 00:17, 1 July 2024
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	Q Do I need the [[Merchant (Skill)]] to sell to other players?		Q Do I need the [[Merchant (Skill)]] to sell to other players?

	A Nope! You're free to peddle amongst other players, you'll just need the Merchant Skill to interact with the greater NPC market.		A Nope! You're free to peddle amongst other players, wandering NPCs and Plot while on mods, you'll just need the Merchant Skill to interact with the greater NPC market.



			Q How do I know what something is worth?

			A By having the Estimate Value skill. Having this skill will give you access to the Market Standards sheet. This will be available at the Marshal station and you'll have access to a copy OOG in the form of a google doc. Keep in mind the prices will update every game!

Justin at 23:48, 30 June 2024

2024-06-30T23:48:32Z

← Older revision		Revision as of 23:48, 30 June 2024
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	A You either sell them to another player, or a friendly NPC your character knows well enough to make deals, OR take the [[Merchant (Skill)]] to allow you to sell to the NPC market.		A You either sell them to another player, or a friendly NPC your character knows well enough to make deals, OR take the [[Merchant (Skill)]] to allow you to sell to the NPC market.



			Q Do I need the [[Merchant (Skill)]] to sell to other players?

			A Nope! You're free to peddle amongst other players, you'll just need the Merchant Skill to interact with the greater NPC market.

Royal: /* The Nuts and Bolts */

2024-06-30T23:40:25Z

The Nuts and Bolts

← Older revision		Revision as of 23:40, 30 June 2024
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	Q Alright, I've got components, but I want money. How do I make that happen?		Q Alright, I've got components, but I want money. How do I make that happen?

	A You either sell them to another player OR take the [[Merchant (Skill)]] to allow you to sell to the NPC market.		A You either sell them to another player, or a friendly NPC your character knows well enough to make deals, OR take the [[Merchant (Skill)]] to allow you to sell to the NPC market.

Justin at 22:12, 30 June 2024

2024-06-30T22:12:09Z

← Older revision		Revision as of 22:12, 30 June 2024
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	A It does indeed! We have Ore, Herb, Residuum and Foodstuff. It's then broken down in to rarity: Common, Uncommon, Rare and Named. (Foodstuff stops at Rare currently just so ya know)		A It does indeed! We have Ore, Herb, Residuum and Foodstuff. It's then broken down in to rarity: Common, Uncommon, Rare and Named. (Foodstuff stops at Rare currently just so ya know)
	Q How do I get these Components?		Q How do I get these Components?



	Q How do I get these Components?		Q How do I get these Components?