As many already know (EON) Longevity has begun forming an economic bloc in Pokeforce. You might be questioning yourself, what is an economic bloc and why is this important to me?
Simple, it's a way to produce or get cheaper goods for both clans in the trade agreement by trading at below market prices for goods as well as increase their profit margins.
It's based on real world international trading. Let me share how this works in the simplest way possible.
1) Both the production guild and the material guild will trade their items at reduced rates that increases profit for both parties.
The production guild can then produce cheaper items to craft as well as gain exp for their craft more efficiently.
The material guild can sell the items at market rate and make a profit from that as well as increase efficiency for exp gain. Both parties get to end game skills much quicker than they normally would otherwise.
2) How does this work? To put it as simply as possible let's say the equilibrium point of both guilds is 100,000 pokeyen for profit. After trade they now have the ability to go above the equilibrium point. So now both clans now have a profit of 200-300 thousand pokeyen.
3) The same goes for exp gain in a specified skill. Let's say the guild members have to split their time between mining and crafting items. Now they don't have to worry about mining and finding the items as much because of the trade deal for the production guild, they also cut the cost of both time and money of finding said materials.
For the guild that has a lot of mining materials they no longer have to worry about how long it takes for their materials to be grabbed in GTL and can replace their materials with items to sell on the market that have a much higher market value than their materials did as a standalone. Since they now have a focus in mining their mining efficiency will go way up.
4) Discounted prices as well as hiring PVP guilds for protection. This allows the PVP guilds to profit and get items at cheaper than GTL prices. On the other hand it also allows people gathering resources to gather resources without fear of being attacked by another player.
5) 100 pokeyen entry fees for Guild led events. Guild led events will include prizes for the top 3 winners. There will be battle competitions, shiny hunting competitions, etc
Simple, it's a way to produce or get cheaper goods for both clans in the trade agreement by trading at below market prices for goods as well as increase their profit margins.
It's based on real world international trading. Let me share how this works in the simplest way possible.
1) Both the production guild and the material guild will trade their items at reduced rates that increases profit for both parties.
The production guild can then produce cheaper items to craft as well as gain exp for their craft more efficiently.
The material guild can sell the items at market rate and make a profit from that as well as increase efficiency for exp gain. Both parties get to end game skills much quicker than they normally would otherwise.
2) How does this work? To put it as simply as possible let's say the equilibrium point of both guilds is 100,000 pokeyen for profit. After trade they now have the ability to go above the equilibrium point. So now both clans now have a profit of 200-300 thousand pokeyen.
3) The same goes for exp gain in a specified skill. Let's say the guild members have to split their time between mining and crafting items. Now they don't have to worry about mining and finding the items as much because of the trade deal for the production guild, they also cut the cost of both time and money of finding said materials.
For the guild that has a lot of mining materials they no longer have to worry about how long it takes for their materials to be grabbed in GTL and can replace their materials with items to sell on the market that have a much higher market value than their materials did as a standalone. Since they now have a focus in mining their mining efficiency will go way up.
4) Discounted prices as well as hiring PVP guilds for protection. This allows the PVP guilds to profit and get items at cheaper than GTL prices. On the other hand it also allows people gathering resources to gather resources without fear of being attacked by another player.
5) 100 pokeyen entry fees for Guild led events. Guild led events will include prizes for the top 3 winners. There will be battle competitions, shiny hunting competitions, etc
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