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TIme for LP to go away: introducing Shares

First post
Author
Aliventi
Rattini Tribe
Minmatar Fleet Alliance
#1 - 2015-06-28 15:25:15 UTC  |  Edited by: Aliventi
The biggest issue with LP is that it is a boring game mechanic that can be very easily improved upon. The easiest way to improve upon LP is to allow LPs to be affected by the free market. In other words: let the people set the price and exchange rate of the LPs. Let us buy, sell, trade, scam, and manipulate these items in a true Eve fashion.

The change: Instead of earning LP you earn an equivalent number of share vouchers. Share vouchers can be traded in at the "Share Buy Back" Store for physical shares (shares appear as an item in your hangar), and those physical shares can be traded on the market or redeemed in the Share Buy Back Store for faction items.

Here is how it would work:

  1. Do mission. Collect mission payout of 1 mil isk and 3000 share vouchers.
  2. Trade share vouchers into the Share Buy Back Store for [Corp Name] Shares. [Corp Name] Shares is a physical item that will appear in your hangar with a very small volume incase you want to haul them to another station to put on the market.
  3. Trade [Corp Name] Shares for faction items. OR
  4. Put the [Corp Name] Shares on the market. Or scam with them. Or buy them all and manipulate the price. Or whatever creative ideas you have.

See how simple that is?

Benefits:
Shares will increase the isk sink they already are in game.
Shares increase the amount of meaningful dynamic gameplay in Eve.
The players get to set the price of shares. We also get to set the exchange rate of shares. So no more CCP set "Trade 1 CONCORD LP for .8 of [Corp Name] LP."
Corps will have the ability to tax shares much easier now if CCP implements it.*
CCP could add in very large ticket Share Store items for a group to work towards.*
I expect some ALODs from haulers full of shares. Who doesn't love ALODs?

* Ideas from Malcanis

Negatives:
None. Nothing but gains. (How lovely is that?)
Aliventi
Rattini Tribe
Minmatar Fleet Alliance
#2 - 2015-06-28 15:25:25 UTC  |  Edited by: Aliventi
FAQ:
Q: But LP are a reward for Loyalty! The idea is that only those loyal to the corporation can get their faction items.
A: LP is not a reward for loyalty. LP is a number with a name. If LP were a reward for loyalty your gameplay would change as the amount of LP you had earned went up. In other words, the more LP you earn the more benefits or bonuses you would unlock. You see the loyalty benefit you get comes in standings. Standings lower taxes, mineral refinery taxes, and if you get them high enough will give you faction ship BPCs. Standings are a reward for loyalty. LPs are not.

Q: LP are already an isk sink. How will this increase the isk sink?
A: Great question! By simply adding shares to the market the increase in transaction taxes will be in increased isk sink. I know I have several hundred thousand LP stored, unused, in my wallet in game. I imagine there are hundreds of millions (or even billions) of LP stored, unused, in wallets across New Eden. Shares will only be an isk sink if redeemed or put on the market. By allowing shares to be market tradeable we increase the probability of those shares leaving wallets and becoming an isk sink. That will be a net increase in isk sinks.

Q: you mentioned the idea of a player set exchange rate. How does that work?
A: You get a share. That share sells for 1500 isk. You sell that share and buy a share that costs 1200 isk. You just traded your share for 1.25 of the other share. As prices fluctuate the exchange rate will also change. The important thing is we set the exchange rate, not CCP.

Q: This is redundant. Anything that can be purchased with LP can already be purchased on the market.
A: Yes, you can buy most every item off the market. That doesn't mean that every play style likes buying the items off the market. Some people have no interest in grinding out missions to earn Shares. Market traders would rather market trade than grind missions. An industrialist who has no PvE skills would rather buy CONCORD Shares off the market, trade the shares in for meta capital module BPCs, and make and sell those modules. There are even mission runners who would rather sell the Shares than buy a bunch items, babysit the market orders, and finally buy what they need after the items sell. By changing LP into shares it allows people easier access to the parts of the game they want to play in, while eliminating a part they may have zero interest in.
McChicken Combo HalfMayo
The Happy Meal
#3 - 2015-06-28 15:34:28 UTC  |  Edited by: McChicken Combo HalfMayo
LP as an item that can be traded on the market? If so it's been proposed before. Sounds interesting on the surface, I'm inclined to say sure.

There are all our dominion

Gate camps: "Its like the lowsec watercooler, just with explosions and boose" - Ralph King-Griffin

Iain Cariaba
#4 - 2015-06-28 16:09:04 UTC
Aliventi wrote:
Earning LP takes too long!!! I have (credit card to buy PLEX/nullbear alt farming isk) so let me buy renamed LP "vouchers" off market.

Redundant. Anything that can be purchased with LP can already be purchased on the market.
Aliventi
Rattini Tribe
Minmatar Fleet Alliance
#5 - 2015-06-28 16:30:49 UTC
Iain Cariaba wrote:
Redundant. Anything that can be purchased with LP can already be purchased on the market.

If you are are going to quote me you need to actually quote what I said. Not put words in my mouth because you are utterly incapable of arguing a point eloquently. Also, thank you for making it painfully clear that you didn't actually read anything beyond the title. If you had you would have realized that I have ground out tens of millions of LP and have hundreds of thousands of LP left in my wallet.

Despite you making yourself look completely and utterly foolish I will counter your point: Yes, you can buy most every item off the market. That doesn't mean that every play style likes buying the items off the market. Some people have no interest in grinding out missions to earn Shares. Market traders would rather have another avenue to market trade in. Heck they may even realize that at the price the shares are selling at will allow them to buy shares, exchange the shares for the item, and sell the item for a profit. The free market wins again! An industrialist who has no PvE skills would rather buy CONCORD Shares off the market, trade the shares in for meta capital module BPCs, and make and sell those modules. There are even mission runners who would rather sell the Shares than buy a bunch items, babysit the market orders, and finally buy what they need after the items sell. By changing LP into shares it allows people easier access to the parts of the game they want to play in, while eliminating a part they may have zero interest in.
Omnathious Deninard
University of Caille
Gallente Federation
#6 - 2015-06-28 16:32:01 UTC
No to trading LPs they are called Loyalty for a reason.

If you don't follow the rules, neither will I.

James Baboli
Warp to Pharmacy
#7 - 2015-06-28 16:32:38 UTC
Iain Cariaba wrote:
Aliventi wrote:
Earning LP takes too long!!! I have (credit card to buy PLEX/nullbear alt farming isk) so let me buy renamed LP "vouchers" off market.

Redundant. Anything that can be purchased with LP can already be purchased on the market.

Not redundant. Lets you get rid of those last few LP from a corp you are done missioning for, or sell concord LP more directly (though this will nuke concord LP values if nothing else is done for it) or any of a number of other ways to offload the risk and profit to someone who is more specialized at making a profit on LP.

Talking more,

Flying crazier,

And drinking more

Making battleships worth the warp

Omnathious Deninard
University of Caille
Gallente Federation
#8 - 2015-06-28 16:32:53 UTC
No to trading LPs they are called Loyalty for a reason.

If you don't follow the rules, neither will I.

Aliventi
Rattini Tribe
Minmatar Fleet Alliance
#9 - 2015-06-28 16:34:05 UTC
Omnathious Deninard wrote:
No to trading LPs they are called Loyalty for a reason.

Thank you for not reading the first question of the FAQ. I will post it here for your reading convenience.

Quote:
Q: But LP are a reward for Loyalty! The idea is that only those loyal to the corporation can get their faction items.
A: LP is not a reward for loyalty. LP is a number with a name. If LP were a reward for loyalty your gameplay would change as the amount of LP you had earned went up. In other words, the more LP you earn the more benefits or bonuses you would unlock. You see the loyalty benefit you get comes in standings. Standings lower taxes, mineral refinery taxes, and if you get them high enough will give you faction ship BPCs. Standings are a reward for loyalty. LPs are not.

James Baboli
Warp to Pharmacy
#10 - 2015-06-28 16:34:48 UTC
Omnathious Deninard wrote:
No to trading LPs they are called Loyalty for a reason.


Lore =! gameplay.
Loyalty in FW makes sense. Loyalty to some navies makes sense. But loyalty to Genolution corp? wat?

Talking more,

Flying crazier,

And drinking more

Making battleships worth the warp

Omnathious Deninard
University of Caille
Gallente Federation
#11 - 2015-06-28 16:44:25 UTC
An
James Baboli wrote:
Omnathious Deninard wrote:
No to trading LPs they are called Loyalty for a reason.


Lore =! gameplay.
Loyalty in FW makes sense. Loyalty to some navies makes sense. But loyalty to Genolution corp? wat?

I shop at the same food store all the time. I have gotten to know the managers and employees and as a result I can make offers on different products because they know I am a loyal customer I will be back still and buy other products.
so yes there can be loyalty to a corporation

If you don't follow the rules, neither will I.

Lugh Crow-Slave
#12 - 2015-06-28 16:58:05 UTC
Aliventi wrote:
The biggest issue with LP is that it is a boring game mechanic that can be very easily improved upon. The easiest way to improve upon LP is to allow LPs to be affected by the free market. In other words: let the people set the price and exchange rate of the LPs. Let us buy, sell, trade, scam, and manipulate these items in a true Eve fashion.


all of this is already done with LP

Quote:

Benefits:
Shares will increase the isk sink they already are in game.

how
Quote:

Shares increase the amount of meaningful dynamic gameplay in Eve.

you mean i can now put all my lp from all my alts onto one character making it easier for me to grind LP?
Quote:

The players get to set the price of shares. We also get to set the exchange rate of shares. So no more CCP set "Trade 1 CONCORD LP for .8 of [Corp Name] LP."

players already decide how much an LP is worth based on the items you can get with the LP.
Quote:

Negatives:
None. Nothing but gains. (How lovely is that?)

what about the dev time needed to implement
or how i can now run missions with as many alts as i wish and get to put all the lp onto one character?
Aliventi
Rattini Tribe
Minmatar Fleet Alliance
#13 - 2015-06-28 16:58:54 UTC  |  Edited by: Aliventi
Omnathious Deninard wrote:
An
James Baboli wrote:
Omnathious Deninard wrote:
No to trading LPs they are called Loyalty for a reason.


Lore =! gameplay.
Loyalty in FW makes sense. Loyalty to some navies makes sense. But loyalty to Genolution corp? wat?

I shop at the same food store all the time. I have gotten to know the managers and employees and as a result I can make offers on different products because they know I am a loyal customer I will be back still and buy other products.
so yes there can be loyalty to a corporation

The loyalty you speak of is taken care of in game by standings, not LPs. You have better standings allowing you to pay less taxes and such.
FT Diomedes
The Graduates
#14 - 2015-06-28 17:07:28 UTC
Loyalty Points are just a form of currency - they are company scrip. Just like coal companies used to pay coal miners, with the intent of keeping them dependent on the coal company.

https://en.wikipedia.org/wiki/Company_scrip

The idea makes perfect sense from the point of view of the Corporations and from CCP as a developer. Accept that, and move on.

CCP should add more NPC 0.0 space to open it up and liven things up: the Stepping Stones project.

Riot Girl
You'll Cowards Don't Even Smoke Crack
#15 - 2015-06-28 17:07:29 UTC
If LP becomes destructible, it will lead to inflation in the market for faction items. I'd rather see them stay cheap.
Aliventi
Rattini Tribe
Minmatar Fleet Alliance
#16 - 2015-06-28 17:13:23 UTC
Lugh Crow-Slave wrote:
*Snip*

I had to get rid of all your quotes. The forums were throwing a fit. I will answer your questions in order:

None of those things truly appear in game. In order to buy or sell LP in-game you have a trust based system of the seller purcahsing the item from the store, then contracting it to the buyer. While this works, I can't physically own that LP. I can't go and buy 50k LP from 6 players and the purchase a 300k LP item. I have to find someone that already has 300k LP and is willing to sell. While yes there is a way, is is a very inefficient way that will be vastly improved upon by shares.

I don't quite understand how moving LP from one character to another makes grinding LP easier. The transfer of LP should have no affect on the ease of grinding LP.

Players only kind of decide how much an LP is worth. Right now the way it works is players buy items that make their LP have a price. For example if you buy X implant it will give the LP you spent Y value. You didn't really dictate the price. You had a price in mind, the item valued your LP higher than that price, therefore you bought it. I couldn't quote you a price for any of the LP in game because there isn't a Eve wide, or region wide, value for that LP. I could only give you a ball park. I can't tell you CONCORD LP is worth 1267.98 isk/LP. I could tell you it is between 1100-1300 isk/LP. That exactness is what Shares on the market will give us.

Dev time isn't a negative. Dev time will always be spent. TBH this shouldn't take terribly long to implement.

There is nothing wrong with you running missions on 25 characters and shifting the LP to a single character. No LP was created or destroyed.
Nicola Romanoff
Tannhauser C-Beam
#17 - 2015-06-28 17:21:10 UTC  |  Edited by: Nicola Romanoff
I would like to have the ability to delete LP that you dont want. Ill admit it may be a little OCD but when I look at my LP for various corps there are some for places I may never do missions for again, either allow us to delete them or have something really cheap (for 1LP) in a store so we can get rid of them that way.
Aliventi
Rattini Tribe
Minmatar Fleet Alliance
#18 - 2015-06-28 17:25:50 UTC
FT Diomedes wrote:
Loyalty Points are just a form of currency - they are company scrip. Just like coal companies used to pay coal miners, with the intent of keeping them dependent on the coal company.

https://en.wikipedia.org/wiki/Company_scrip

The idea makes perfect sense from the point of view of the Corporations and from CCP as a developer. Accept that, and move on.

Absolutely not. I refuse to accept that this is the best way to handle additional mission rewards that create an isk sink. The benefits of the Share system are incredible when compared to the LP system. It opens up dozens of avenues for players to expand their gameplay potential. It makes the Eve economy that much more efficient. It will also increase isk sinks in game. It is nothing but a win for Eve.


Riot Girl wrote:
If LP becomes destructible, it will lead to inflation in the market for faction items. I'd rather see them stay cheap.

I predict the exact opposite will happen. Right now I have little doubt that there are billions of LP stored in wallets all over Eve. All of that sat on LP will depress prices until it consumed. On top of that the buying and selling of Shares will likely lower the price of each Share because the market will find an equilibrium between supply and demand. If too many shares are produced prices will fall. If too few shares are produced then the price will rise and missions runners will likely shift to those missions because they pay out more. Which in turn will create more shares and lower the share price. I doubt faction item prices will rise. Usually when the free markets get their fingers in something prices fall.

Nicola Romanoff wrote:
The ability to delete LP that you dont want. Ill admit it may be a little OCD but when I look at my LP for various corps there are some for places I may never do missions for again, either allow us to delete them or have something really cheap (for 1LP) in a store so we can get rid of them that way.

Shares will grant you this ability. Trade those last few share vouchers for physical shares, sell the physical shares. You win.
Nicola Romanoff
Tannhauser C-Beam
#19 - 2015-06-28 17:35:41 UTC  |  Edited by: Nicola Romanoff
Posted in wrong thread, apologies
James Baboli
Warp to Pharmacy
#20 - 2015-06-28 19:57:56 UTC
Back to the OP though.

Cautiously support this change, as it would nuke my own assets if it was implemented without other changes to give CONCORD vouchers something valuable inside the concord store and the ability to convert removed.

Talking more,

Flying crazier,

And drinking more

Making battleships worth the warp

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