07-23-2024, 10:00 AM
Begins at roughly 5PM EST today. Will be open for 24 hours, then a brief period of live 'final bids'.
THE AUCTION
On the day of the auction, various merchant vessels are sent to the great nations of Meranthe and other locations of wealth. They set up runic holopads that allow long-distance presence and interactions, though the crowd at the Archmage Headquarters is vast already and many will choose to attend in person to enjoy the sights and festivities. These merchant vessels will nonetheless help to middle-man the bids across the country by validating the coin and such, then once the transaction is complete the desired object will be sent via parcel some weeks later.
BIDDING TEMPLATE
Quote: Wrote:Your Name:
Target Item:
Bid Amount:
Quote:
AUCTION RULES
1. You may only bid on one item at a time. You bid by posting, including your character name & amount of coin, and your bid must be at least 10% higher than the previous one.
1b. You can bid on a MAXIMUM of three separate targets total for the duration of the Auction (and one at a time, of course). If you do not secure an object after this, you cannot bid on a fourth. You're still eligible to enter the raffle however.
2. If you're outbid on the target item, then you're free to immediately bid on something else. You cannot withdraw bids. You're locked in unless outbid, so choose carefully.
3. Only bid if your character actually has the coin available at the time of your post (on your character or within a chest you own).
4. You should not be sharing coin with another to maximize chances of success; your coin is your own once you place a bid. For all purposes that coin 'no longer exists' once it's the leading bid of an item.
5. You may respond to bids with in-game action after the auction concludes, but not during.
5b. You may bid using a valid disguise alias, the disguise you own directly. It must NOT be a name that doesn't exist.
6. If your character has not been actively roleplaying for at least the past few weeks or more you're not permitted to bid or use a middleman to do so for you. This includes passing off coin to help others.
7. Do not try to raise coin via OOC methods during the Auction, such as asking people via Discord or in LOOC to give you it. This extends to things like sub selling too. It's acceptable to organize ICly as a guild or faction but let's keep it to Say and RP only.
CONSEQUENCES
Anyone found to be in violation of these rules is subject to any or multiple of the following punishments,
1. Chest/coin wipe on all characters/keys
2. A temporary game ban
3. Revoking the bid, goes to another at a discounted price
4. Banned from the Auction House, coin fine (debt)
If you suspect someone is in violation of any of the above rules, be sure to ticket and report them with detailed information. You might gain a small social credit bonus (coin) if action is taken.