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RE: Market Listing Fees & Expiration

in #splinterlands2 years ago (edited)

but I only pay that 1000 DEC 1 time. If I price my cards properly so they rent out one time every 30 days, then no more listing fees.

In other words, if I do rent them out once, then a new 30 day clock will start. In theory if I price mine right, then they will almost always be in demand and I will only pay that 1000 DEC fee the 1st time I listed them.

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If everyone has your same idea, market will be flooded by cards thar were 0.1 at 0.2, exactly same as now, you cant know yours are gonna be taken and not someone else, then the rest expire and you need to pay 1000 again

Now you are arguing that the market will be flooded with cheap cards?

David, think of it like this. The market will adjust because humans will make decisions, there will be no more wasted listings at ridiculous prices because that won't be efficient.

Instead what will happen is everyone (big and small alike) will only list cards at prices they feel rent out for. They will not "flood" the market either because they won't want to pay to have them relisted either. So what the market will get is what it needs at prices that both the renters and card owners feel is fair collectively.

Remember there will be season rentals too, this will be a major factor as well. Plus people have land, this will take a lot of cards from the rental market too.

I know it seems scary at first, I have tons of cards listed too. But when you think it through you will see that all this is doing in make people list less frequently if they want to avoid the fee. At stable pricing if they want to avoid the fee. And finally only list cards that are in demand to avoid the fee.

I believe that in 3 months from this happening, you will find a much better player experience of renting cards, plus I think the card owners will find that the rentals have gone up as a result of it.