Yeah, I am somewhat excited about this. It might actually make me join my first guild. I have been dreading a global auction house ever since it was first mentioned back in Beta, but was hoping that they would come up with something new.

I am curious. I really hope it works.

Sounds like the public selling market will be a plum, not a freebie.

Of course the guild is still limited to 500 members...so it will be great for those 500 guys, of course most of the major trade guilds are made up of strangers, so good luck getting the membership on the same page to donate enough to make that bid.

This doesn't even look like a good idea on paper.

How do guilds bid on it without them having gold? Are they going to add a gold donations slot to the guild bank?

alphawolph wrote: »

I've been thinking about this. This will make one group of people rich enough to out bid and keep a kiosk forever. If I felt like playing millionaire in this game that's what I would do.

Step one: Raise capital till bidding goes live. Outbid everyone, make gold, reinvest into bidding the next time.
Step two:???
Step three: Profit

Having one kiosk does not mean that no one else would be able to get a kiosk themselves, nor does it imply that those without a kiosk are incapable of raising money (although it would be easier with a kiosk, of course). You also can't be certain that the guild controlling the kiosk is also making money from it. Perhaps they raised lots of money beforehand, opened the kiosk, then realized they didn't really have the means to keep it well stocked with things people actually want to buy. There'd also likely be a point of diminishing returns for bidding higher and higher on a kiosk: if you know you can make X amount in a week by controlling one, and the bid is going up to X+5, then you have little reason to continue bidding.

I think there are naturally occurring factors that would keep kiosks from being monopolized but, if all else fails, they could simply limit a guild's ability to consecutively control a kiosk.