Guild Wars 2 Laurels and what they mean for the Economy (probably)
So the Flame & Frost patch has just been released and with it comes the new achievement system, where you gain a new currency called Laurels for completing the daily and monthly achievements. These tokens can then be traded in to a Merchant for a variety of different items including dyes, class gear and.. cats.
Unfortunately, It look’s like a lot of the items added in this patch are intended to drive down prices on the Trading Post, combat bots (this is a good thing) and help casual player’s achieve Legendary Weapons.(good for them, bad for traders.) check out some of the vendor’s merchandise below:-
10x Mystic Binding Agent
“Used in conjunction with slivers, fragments, shards, cores and lodestones in the Mystic Forge.”
My Opinion: The Mystic Binding Agent look’s like it is going to impact upon the price of Lodestones as the description implies that the agent will give an 100% success rate to promoting the materials. (unconfirmed) This will bring the prices of fragments, shards, cores and lodestones for sure as more player’s promote them through the Mystic Forge rather than purchase them from player’s in the Trading Post.
2x Class Gear
“Contains a rare or exotic piece of level 78-80 gear for warrior. Double-click to open.”
My Opinion: I believe this was added to provide player’s an alternative method of recieving named weapons and precursors after the constant whining on various community forums and portals about RNG and the Mystic Forge (although it’s still RNG, just free.) I expect Precursor’s will begin to drop in price as more player’s decide to purchase the class gear rather than spend their laurels on cats and ascended jewellery. This is definitely the one I will be watching closely.
10x Unidentified Dyes
“Double-click to identify one random dye color which can be unlocked for one of your character or recycled at the mystic forge.”
My Opinion: Say goodbye to the unidentified dye market, and probably a price drop in the rare days as well.
“30% Magic Find / 30% Gold Find for one hour”
My Opinion: Possible drop in price for omnomberry bars and magic/gold find food.
“Contains “1-6″ -Tier crafting materials. Double click to open.”
My opinion: Each bag costs 1 Laurel each, I do not know how many materials each bag rewards the player’s with but this will definitely bring prices of the more expensive materials down.
Gold Making Tip – Act Fast!
Got a lot of karma sitting in your inventory doing nothing? why are you sitting reading this then?! Wait, you don’t know?
Head on over to the Karma Vendor at the Cathedral of Verance now and buy as many Lost Orrian Jewelry Boxes as you can! One of my contact’s on my server made an amazing 20 gold from 900k karma, check out what she got!
The Lost Orrian Jewelry Box also has a chance of dropping a Risen Priest of Balthazar mini Pet and a permanent Tonic which turns you into an elemental!