huh I didn't realize wildstar was gonna sell gametime for gold ala Eve/TERA (1.0)/etc using their credd system
Business Model | WildStar MMORPG
its worked really well for Eve, allowing people to sub for years just with game currency and setup multiple accounts etc. I don't think it really worked as well for TERA......
It works if they allow you to put high tier raid items on the Auction house completing your money loop.
Person A with lots of cash but little time to raid, will want to buy the entry level raid gear you put on the AH. Person B, young guy, doesn't wanna pay sub, but has all the time in the world to rep grind, raid grind, gets gear and posts on the AH. On Celestial Hills I don't know about Elite Status since I thought they were account locked, meaning if you bought one it was an account option kind of like account wide mounts. Otherwise I used to sell EMP by purchasing CS items people wanted: character slots, exp boosts, race changes, etcetera. This allowed me to get most of my raid gear straight off the AH and to +12.
So WS would have to allow you to post the end game gear in the AH, which I'm not too happy with
[Edit] I just noticed that they used a similar example on their website but instead of end game gear they used a mount as an example. The use of a mount is a red herring, though, and like you said wouldn't be enough of an economic factor. Also, assuming that their credds go for $14.99 they will still have to compete with the gold farmers. Something these idiots aren't taking into consideration.
Which is cheaper: Buying a credd that is locked at $14.99 and selling it on the AH subject to the whims of the fluctuating economy? Or skipping that and just buying the gold directly from a 3rd party farmer?
It was cheaper for me to buy a billion ISK back in the day from a farmer, than for me to buy the PLEX and resell it. That's what I'm saying. ISK farmers adjusted to PLEX prices and began undercutting them pretty early on. I remember it getting to about $40 or so for a billion ISK compared to the 250million ISK I'd get from a $14.99 Plex.
Selling Credd isn't going to make the farmer go away. Farmers will laugh at them, since they won't compete with the farmer. If they did, then farmers would have a serious issue. Credd will probably stick to traditional pricing models: $5, $10, $20 and so on. Where as the farmer has full liberty to adjust their prices accordingly. Farmers only fear are other farmers. Will it curtail the gold farming issue? A little bit, but not enough to really cause them any harm.
And me? The guy who will go to the farmer to buy gold? If you fuck me over and make it too difficult to get stuff (like high speed mount training in WoW early on) and I have to grind gold, I'll check out the Credds and judge the rate. I'll make an assessment evaluating the security provided by buying the Credd as opposed to the risk of buying the gold from a farmer compared to how much gold I'm getting from both methods. If the farmer is providing double or more the gold for the same amount of money, odds are I'll go with the farmer.
Sorry for going off on a tangent.