Inflation Exists, Here's Another Solution

Inflation. That tyrant that separates the top players from the bottom players: those that do nothing but wynn, and the losers. Well, this won't completely fix that, but it will lower the threshold.

Here's the Idea:
We, as players, should adopt "Ghostly Essence" as the new currency.

Why it will work:
- There is a supply of it, that lvl 40+ players can easily access - all mobs in the twain valley.

- The drop rate is not too high, so that players do not acquire it too quickly.

- You cannot collect excessive amounts of it, as it does not convert upwards into more "compact" versions.

- The item already has a drain! The boss altar, prison of souls.

- The boss altar costs 15 of the currency to enter, and from it you can collect many items.
- The item that I most want is a chestplate called Marius' prison. Interesting lore, but more that that, it holds the highest mana steal + mana regen, an acceptable amount of raw spell damage, and few negatives.
- Other items that are unique to this altar are a thunder bracelet, Binding Brace, the highest XP amulet apart from jester and altum spatium, Constrict Collar, and exploding melee damage pants, Shackles of the Beast.

 

Something smells real shifty, and it's not my toilet.

 

Why should we do this

 

A new currency will only be adopted when
1) The emerald no longer has enough value to buy legendaries or rares
2)Is more rare than emeralds, but still easily accessible to most players
3) Massive amounts of players naturally start using it in a short amount of time

While the economy is still shit, it's mostly mythics and white horses that have extreme prices. It'll be awhile b4 a lot people won't be able to afford legendaries.
While your currency is rarer than emeralds, it is constrained to a small area of the map that is either too under leveled to go or to over leveled for most players to go. The boss alter rewards aren't good compared to what you can get later in the game, not to mention that the rewards don't fit everyone's builds. Given the low drop rate of soul essence and spawn rate of mobs, it'll take ages to get even a stack of essence, and nearly impossible to get even a few with everybody on the server grinding there. There isn't simply enough room or loot or xp for players to grind there.

Finally, I doubt enough players will adopt this at once in order for it to become a currency for the aforementioned reasons above. It just isn't a good currency to use.