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A Market To Buy and Sell L.P

Author
Setantii
Conquistador.
#1 - 2014-01-20 15:47:41 UTC
Simple suggestion - I wonder if it would be possible to introduce a market to buy and sell Loyalty Points?

A market would allow capsuleers short on isk to offload their L.P to traders like myself willing to take them.

Would there be any negatives from being able to trade in L.P?

Noxisia Arkana
Deadspace Knights
#2 - 2014-01-20 16:07:49 UTC
+1 I have 10,000 LP in a faction that I will probably never mission for again. Plus I don't like market math, I'd rather someone just lowball me the value of my LP and reap the benefits of my laziness.
Schmata Bastanold
In Boobiez We Trust
#3 - 2014-01-20 16:25:45 UTC
+1.

Although you can kind of do it if you find somebody who will tell you "buy me item X and I will give you Y ISK for it" I happen to have small amounts of LP in quite a few stores and all I could buy for it is junk not worth the trouble. But I have no idea about economy and stuff so my +1 is purely selfish and I won't take responsibility for any crisis this change/feature may unleash :)

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Swiftstrike1
Swiftstrike Incorporated
#4 - 2014-01-20 16:29:15 UTC
-1

LP are awarded for loyalty. It doesn't make sense for the corporation in question to payout if some complete stranger walks into the LP store with your loyalty points.

Casual Incursion runner & Faction Warfare grunt, ex-Wormholer, ex-Nullbear.

Reinforced Metal Scrap
Center for Advanced Studies
Gallente Federation
#5 - 2014-01-20 16:30:02 UTC
Lore-wise it wouldn't make sense. How would you even buy and sell a corporation's favor towards you?

What I'd like to see however would be converting LPs between different corporations of the same faction. This way the LP would stay in the family, so to speak. The ratio could be fixed and unfavorable like 2:1 or set by players via an exchange market.

Dedicated forum alt. Ingredients: 99.9% Pure Tritanium. May contain traces of peanuts.

Gallali Egidall
Sebiestor Tribe
Minmatar Republic
#6 - 2014-01-20 17:25:39 UTC
If it doesn't make sense in a lore manner, perhaps allow contract-type exchanges that can be set up. Buyers put up orders in a particular LP store and sellers request the item and use it to fill the contract.

You could have a "corp wide" range, ranges by sec status ("High sec only, high + low, etc), and then limited to a particular station.


Schmata Bastanold
In Boobiez We Trust
#7 - 2014-01-20 17:32:09 UTC
ESS will produce tags exchangeable for ISK so here is your in-lore solution: let me exchange LP for tags and I will sell them with contracts. And if I have 8324 LP I can get one 5k LP tag for it because it will be better than having 20 places of useless LP across galaxy.

And of course loyalty can be paid out in tags, what else are those gift cards you get as a Christmas bonus at your work? Beside lore cannot be ultimate excuse to not do reasonable things. It is enough that we have "legacy code" to live with.

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Noxisia Arkana
Deadspace Knights
#8 - 2014-01-20 19:05:35 UTC
We're really concerned with lore here?

So. When I'm in a station there are a group of people maintaining a vast stock of ships (at every station I have LP for) in the form of a store for the faction that station represents. There is a desk with 50 BPCs sitting on it for that tempest fleet issue, and a couple storage lockers full of phased plasma s? So what I'm hearing is: oh no, you'll break my immersion by being able to sell loyalty?

When I get a gas discount for being a loyal customer at my local grocery store all they ask is that the receipt with the discount be used at a participating gas station. I can give that receipt to anyone that wants to save money on gas... I'm not seeing a problem here.

We can already pay CONCORD to ignore aggression against corps. I'm not seeing this as much of a stretch. Besides, my reward for loyalty is the standings not the LP. The LP is just another form currency.
Aliventi
Rattini Tribe
Minmatar Fleet Alliance
#9 - 2014-01-20 19:26:36 UTC
The great thing about lore is you can change it to make sense with whatever you want to do. So anyone have a real argument?
Hesod Adee
Perkone
Caldari State
#10 - 2014-01-21 01:10:12 UTC  |  Edited by: Hesod Adee
Swiftstrike1 wrote:
-1

LP are awarded for loyalty. It doesn't make sense for the corporation in question to payout if some complete stranger walks into the LP store with your loyalty points.

So what ?

Loyalty points are already treated more as a currency than a measure of loyalty. They bear more resemblance to scrip than anything else. It even fits the purpose of scrip, as it's used to pay capsuleers in something other than ISK.
It's not like the lore treats capsuleers as being loyal to anything but their own wallets.


As someone in faction warfare, I've got a list of things I don't like about the current way to cash out LP. All of which can be fixed if there was an LP market, as I could just outsource it all to someone else:
- Deciding which items are the best to cash out with takes more market research than I enjoy. This is the best site I've found to help but the highest sell order ratios are items that probably won't sell and, while the highest buy order ratios are for items that will sell, but if I'm making my own sell order I can often find better items further down the list.
- Even once I've picked an item, I often buy too much of it. Trying to find a good quantity not fun for me, and finding one just means I'll have to pick another item to cash out with.
- FW NPC stations are usually not trade hub stations. Which means that if I want a good price I'll have to either haul the stuff out myself while at war when I know there is usually an enemy or two in the trade hubs I'm flying to or fly it with an alt I do not have. Remember, FW was designed as a way for players to learn PvP. Including players new to Eve who want to PvP, not to haul stuff around.
- Some of the goods, like navy cap boosters, are very bulky. Which means the hauling will need to be done with an industrial. Which many new players to FW will not have trained for a while.

If I could trade LP, then I'd just sell my LP to someone else and let them worry about those details. Chances are they will enjoy the trading side a lot more than I do. Sure, I'll get a bit less for my LP than I would if I did it myself, but that's an acceptable cost for my convenience.

Two other beneficial side effects of an LP market:
- Increased ISK sink from the taxes of the LP market.
- High sec missioners now have more transparency about which corps are more profitable to run missions for, as the ISK:LP ratio is the main difference and it will now be visible. Which will lead to missioners spreading out a bit as where they clump up the oversupply will lead to lower ISK:LP ratios for that corp.
Rendiff
The Scope
Gallente Federation
#11 - 2014-01-21 02:20:08 UTC
Eve has lore?
Anomaly One
Doomheim
#12 - 2014-01-21 04:01:44 UTC
+1, really, lore ?

it makes perfect sense in the land of backstabbing and espionage to sell your loyalty points to others :p
And gives a chance for not everyone that wants to calculate every single LP item...

Never forget. http://www.youtube.com/watch?v=a8sfaN8zT8E http://www.youtube.com/watch?v=5l_ZjVyRxx4 Trust me, I'm an Anomaly. DUST 514 FOR PC

Omnathious Deninard
University of Caille
Gallente Federation
#13 - 2014-01-21 04:14:45 UTC
Anomaly One wrote:
+1, really, lore ?

it makes perfect sense in the land of backstabbing and espionage to sell your loyalty points to others :p
And gives a chance for not everyone that wants to calculate every single LP item...

The empires have perfect control on how much they like you, why would they not be able to keep track of how much LP you have (or lack there of) you have.

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

Hesod Adee
Perkone
Caldari State
#14 - 2014-01-21 04:34:14 UTC
Omnathious Deninard wrote:
Anomaly One wrote:
+1, really, lore ?

it makes perfect sense in the land of backstabbing and espionage to sell your loyalty points to others :p
And gives a chance for not everyone that wants to calculate every single LP item...

The empires have perfect control on how much they like you, why would they not be able to keep track of how much LP you have (or lack there of) you have.

Here is a better question: Why should the Empires care if the capsuleer spending the LP is the same one who earned it or a different capsuleer who acquired it legally ?
Erotica 1
Krypteia Operations
#15 - 2014-01-21 05:58:51 UTC
LP is awarded like tokens. LP does NOT measure how much they like you- that's what standings are for. LP absolutely should be able to be traded, because they are effectively like tokens you are given, kind of like the old mining tokens people would get for working in corporate owned mines, but they didn't get real money. They used these tokens to buy their food, lodging, etc. It is pretty much exactly the same thing.

All we have to decide on is HOW they are traded.

Currently, people sell LP by buying items to trade. This is ridiculous. You should be able to to sell your LP to a player, who can then use them to buy stuff. The same stuff gets bought, the same LP exists, it's just like trading IOU's, or any other alternative currency.

I suggest CCP just make this EASY. Allow players to journal LP like shares from one player to the next. Let the players decide what it is worth. Let people make websites, etc. It'll take some Dev like 15 mins to do this and we are done with the issue.

See Bio for isk doubling rules. If you didn't read bio, chances are you funded those who did.

Hesod Adee
Perkone
Caldari State
#16 - 2014-01-21 08:06:29 UTC
Erotica 1 wrote:
I suggest CCP just make this EASY. Allow players to journal LP like shares from one player to the next. Let the players decide what it is worth. Let people make websites, etc. It'll take some Dev like 15 mins to do this and we are done with the issue.

Players won't really care about who they trade it to, only how much the LP is worth. I see no reason to treat them as anything beyond just another item on the market and contracts. Give players an interface they are familiar with. The market and contracts system do not require third party websites to function well.

At most, the only change will be to make the location irrelevant.
Jint Hikaru
OffWorld Exploration Inc
#17 - 2014-01-21 09:52:07 UTC  |  Edited by: Jint Hikaru
Swiftstrike1 wrote:
-1

LP are awarded for loyalty. It doesn't make sense for the corporation in question to payout if some complete stranger walks into the LP store with your loyalty points.



Exactly this....

Its like Air Miles.

Loyalty Points are rewards to YOU for your loyalty to a corporation/entity. It makes no sense and to be honest there really isn't a good reason for this.

EDIT: Also what the guy says below my post.

Jint Hikaru - Miner / Salvager / Explorer / SpaceBum In the beginning the Universe was created. This has made a lot of people very angry and been widely regarded as a bad move.

Corraidhin Farsaidh
Federal Navy Academy
Gallente Federation
#18 - 2014-01-21 11:13:20 UTC  |  Edited by: Corraidhin Farsaidh
-1 from me.

You can't buy or sell loyalty. If you have LP use them up on goods and sells the goods. Having made a choice to run missions for a corp gained you a reward in LP. If that wasn't the best choice then cash in as best you can and move on in my opinion.

This would effectively allow a character to run missions anywhere without having to think who they are running the missions for. I prefer that people have to think about where they mission.
Noxisia Arkana
Deadspace Knights
#19 - 2014-01-21 14:49:35 UTC  |  Edited by: Noxisia Arkana
I run missions when there aren't a lot of corp mates on. I don't care who I'm running for and the only time I spend my LP is to pull a faction ship out and set it in a hanger.

So what I'm saying is that I effectively run missions anywhere and I don't think about who I'm running for.

Also, the market would sort itself out on that. If Quafe LP sold for 700 isk / LP and Theology Council sold for 1200 isk / LP (trending market data). People would get the gist...

Edit: I still don't get that this breaks immersion for some people. Think of the value of a rookie corp (a couple of friends) pooling to get their first faction battleship or battlecruiser. I think that's a more valueable story than 'you can't sell loyalty.'

Also, you can sell loyalty. You can buy your way into citizenship in a number of countries, if you pay me more at my job than my competitors you are 'buying' my loyalty. -1 for unsound logic.
Mike Mulder
Imperial Phoenix Legion
#20 - 2014-01-21 15:07:27 UTC
It's not like you're actually buying faction standing, although that precedent is already set thanks to sec status tags.

I would like this just to get rid of the small amount of LPs that I have as leftovers from factions I probably won't mission for again. For example, I have 29 and 130ish LPs from two factions I don't mission for any more. Those LPs will just sit in my wallet, taunting me forever. Ugh

You can already sell your faction gear from the LP stores...what's the difference?
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