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Refundable Deposit To List Items On Market

Discussion in 'General Suggestions' started by TheMinceraftian, Jan 19, 2020.

?

Is this a good idea?

  1. Yes (+1)

    2 vote(s)
    22.2%
  2. No (-1)

    6 vote(s)
    66.7%
  3. Not sure/needs improvement (+0)

    1 vote(s)
    11.1%
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  1. TheMinceraftian

    TheMinceraftian Well-Known Adventurer HERO

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    Minecraft:
    On the market, there is a not so occasional problem of people listing items for ridiculous prices. These items for sale are not just annoying to look at, but there is also a risk of people accidentally clicking on them. The solution I propose is very simple. In order to list an item on the market, you must pay a refundable deposit. This deposit could be decided by any method, because it is completely separate from the market fee and will always be refunded. For the sake of example let’s say it is the same as the market fee: 5% of the value of the item.
    For example, if I want to list an item on the market for 1000 emeralds, I have to pay a 50 emerald deposit. I get this deposit back no matter what. If the item sells, I get back 1000 + 50 emeralds. If it doesn’t sell or I cancel it early, I get back the item + 50 emeralds.
    This is just intended to provide a slight barrier to listing items on the market, that would not affect pricing in any way.

    Pros:
    Fewer joke listings on market.

    Cons:
    People with very little raw Le might not be able to sell their mythics on the market.
     
  2. Melkor

    Melkor The dark enemy of the world

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    Minecraft:
    Even if you click on it, you have to consciously go through the steps of confirming your purchase.
     
    Druser likes this.
  3. The Fool

    The Fool Nobody Wants to Know Him HERO

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    Minecraft:
    Disagree because, as you said, this would inadvertedly create a barrier in mythics' market, making it impossible for new sellers to compete with older and richer players (who have more raw le).

    This would also result in yet another disincentive to using the trade market, which is already pretty bad for selling expensive items.

    I feel like it isn't worth it, but I do agree the issue needs to be tackled somehow.
     
    Last edited: Jan 19, 2020
    Iboju and Druser like this.
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