Hey Everyone,
Just wanted to give you all an update of how the whole system works and whats up with the storefronts.
Gaiscioch Materials - Currently has a storefront locked down in Ebonheart. Sell whatever you can there, materials or not.
Gaiscioch Armory - I bid 10,001 gold last week for the second vendor in Ebonheart next to our other one and got out bid.
Now let me explain how this system works. It is a totally wacked out auction system.
- You can only bid on 1 merchant per guild
- There is no way to tell what the highest bid is.
- There are no refund for bids, If you lose you lose your gold.
- Profit for the family from last week for Gaiscioch Materials totaled 1,376 Gold. We spent 1,500 to lock down that location.
- Weekly Merchant rollover is Monday at 5AM PST - All merchants are locked down for the next week at this time.
It will be increasingly more expensive over the coming weeks to secure these locations. If we do not receive donation support we will not be able to keep these open for long. This week I am bidding for Gaiscioch and Gaiscioch Armory on 2 other locations within Ebonheart to see if we can possibly lock one of them down. Bidding on blind auctions is not easy. If we go too high we lose serious amounts of cash, if we don't bid enough whatever we bid is lost.
Please make sure to stock the merchants up with as much as possible. We need to sell a whole lot of stuff to be able to maintain cash in for cash spent on securing these locations. As always you can send gold donations to @Foley for contribution credit. 1,000 Gold = 100 Contribution. Funding this system is going to be rather tricky.