We are releasing a major update to the economy on March 19, 2013. The new MeepShop will no longer have player to player transactions. This update was first inspired by a suggestion made by IFartonChilren. We have tediously worked to ensure that a system similar to what was suggested will be functional on MeepCraft.
True Demand, Instant Transactions
While the current MeepShop reflects the true demand of items, it is often difficult to sell items on the shop because you have to wait for another player to buy them. Instead of the MeepShop being an agent between two players, each purchase will be a direct transaction with the server. When more items are bought than sold, the price of the item will rise to reflect this change. Alternatively, when more items are sold than bought, the price of the item will lower to reflect this change. You will be able to make instant trades with the new MeepShop.
Removal of Admin Shops
Currently, Admin Shops on MeepCraft provide instant transactions for players. However, Admin Shops do not reflect the true demand of items. Players are able to sell or buy huge quantities of items on Admin Shops without changing the price of the item, which allows players to abuse the system in order to generate profit. In order to ensure that true demand is applied to all items, we are removing all Admin Shops.
Donator Privileges
By removing Admin Shops, we are depriving donators of much needed privileges. Therefore, we are adding a new feature called Exclusive Items to provide an incentive for donations. Each donator rank will have exclusive access to certain items which are not available for trading by lower ranks.
Transactional Tax
In order to provide a medium of Meebles outflow and maintain the size of the current economy, each transaction on the MeepShop will include a 1% Transactional Tax, which will be applied to the total purchase or sale.
A Very Simple Set of Commands:
/shop
/price
/sell
/buy
/sellhand
We are very excited to release this new update. We believe it will be helpful towards the creation of an economy that is more friendly towards players both old and new. RSVP to this thread if you are excited to see the new shop in action!
In order to apply this update we are deleting the current stock of the MeepShop. Please remove all the items you wish to keep by March 15, 2014.