Physical auctions about online games are not uncommon, all kinds of equipment, props, materials, and even accounts, as long as you can think of them, those game merchants with great powers can provide you with a small amount of money! There are so many online games running at the same time all over the world that people have long been accustomed to holding related game item auctions almost every month, every week, or even every day.

However, no one dared to hold a physical auction about the mysterious game of unknown origin, from the time people slowly contacted and understood it through various channels, until it has now replaced the vast majority of ordinary online games and become the first choice of players.

The reason for this is actually nothing more than two aspects.

First, there is the question of earnings. Neither the game merchant nor the auction-organizer can understand the true value of the various goods in the world of Entagre. No matter how popular an ordinary online game is, as long as it is developed by human beings, it is always possible to know the value of any item from various development data, and use this as a benchmark to formulate the corresponding auction method and transaction reserve price, and game dealers can calculate how much profit they can get from the auction.

However, there is no development data in the world of Entagre, or no one knows where this mysterious game came from, so each game merchant can only judge the value of a certain item based on his own experience, and under this uncertainty, no savvy game merchant will rashly sell these items through physical auctions, because they don't know if the money they get from the auction can be equated with the items they lose in the game.

The second issue is the exchange rate. Compared with revenue, the exchange rate problem is actually the biggest problem that plagues all game merchants. How many dollars can I exchange for a gold coin? A dollar? Ten dollars? Or a hundred, or even a thousand dollars? It's a pity that no one can give this answer with a pat on the chest. Without a fixed exchange rate as a benchmark, valuing the auction is a task that cannot be completed at all.

What's more, ordinary online games will have exchange standards for game currency and real money, how much money you recharge, how much gold you can get in the game, and game dealers rely on this to formulate the corresponding exchange rate, so as to estimate the value of props. But the world of Entagri doesn't have this kind of function at all, even if you are a millionaire in reality, you can only start from scratch like a beggar who has nothing after entering the "New World", of course, if you are willing to spend money to hire other players to give you gold coins in reality, it is also another way to get money, but if you want to rely on this way to set a standard exchange rate, then I am afraid that no game merchant will be satisfied.

However, these two questions are not difficult problems for Yu Bin. In the previous life, after years of exploration and business practices by billions of players, there was already a complete set of rules in this regard. Therefore, under Yu Bin's secret instructions, Li Shouyi had the confidence to hold a physical auction.

The venue of the auction was chosen on the Fortune Avenue in New York, USA, and Jones D. Rockefeller, the seventh-generation descendant of the oil magnate John D. Rockefeller, provided himself at No. 8 Fortune Avenue, the famous "Chambers Courtyard" for free, as the venue for the auction, this Gothic style, full of precious flowers and plants villa has been used as the venue of the world's first auction house Sotheby's dozens of times, and the amount of money sold in this villa is enough to create another oil empire!

Unlike ordinary auctions, according to Yu Bin's instructions, Li Shouyi made 50 invitations, and a month ago, through online sales, these invitations were put up for $10 million each, and on the day of the auction, only those who received the invitations were able to enter the villa and participate in this unprecedented auction.

At the beginning, Li Shouyi was still apprehensive, because he thought that he was such a nameless small businessman, and suddenly said that he was going to hold an auction, and he wanted people to spend such a large amount of money to buy an invitation first, which was an act of looking for death.

But looking at the invitation that was bought up in less than five minutes, Li Shouyi's brain crashed instantly, and he finally knew at this time why His Excellency Bingyu said on the phone that he would give him a decoration fee for the auction first, and he originally thought that he was going to send him a sum of money, but he didn't expect it to be this method.

With a stroke of the pen, a few words, it is a "decoration fee" of 500 million US dollars, Rao is Li Shouyi has been shocked by His Excellency Bingyu's methods several times, and this time he was still shocked and speechless.

Of course, he would not know that most of these invitations were bought by several other apostles, and then resold at several times the price, and the final transaction price was at least 50 million US dollars.

After having the start-up capital, Li Shouyi's confidence was enough, and as he publicized the auction through the major media in various countries according to Yu Bin's intentions, he soon found that it was really easy to hold this auction.

The venue is provided by the Rockefeller family, the related services and hosts are handled by Sotheby's, and the catering, wine, accommodation and other issues are contracted by several world-famous hotels, Li Shouyi basically does not have to worry about anything, just lie in bed and wait for the auction to start.

Of course, while he was lying on the bed, he was also scrutinizing the words on the paper in his hand over and over again:

1. All auction items are displayed on site in a one-to-one size, and various parameters, effects, functions and other information of the auction items are described in detail on the large screen.

2. All lots are in US dollars.

3. The reserve price of all auction items is valued according to the game gold coins, and the exchange rate is one to one hundred (one gold coin is exchanged for one hundred US dollars).

4. After all the auction items are successfully auctioned, the delivery of the auction items will be completed within five minutes, and the delivery location will be the Treasure Bay City Hall of the main goblin city, and the goblin contractor will be invited to sign the contract.

5. Once delivered, all auction items will not be returned or exchanged!

Regarding this auction, Yu Bin has formulated very few rules, only five, which seems to be a bit of a joke in Li Shouyi's eyes.

For example, there is no mention of character authentication in the rules for conducting auction transactions, and how to ensure that buyers who successfully auction items will not be deliberately attacked by other players after leaving.

Of course, although there were many things that he was dissatisfied with, Li Shouyi did not want to change these rules, on the one hand, it was the first time for him to have this kind of auction, on the other hand, in Li Shouyi's opinion, since His Excellency Bingyu had formulated these rules, then he must have his own considerations, so why should he bother.

What's more, Li Shouyi also knows very well that whether this auction is successful or not, there is no doubt that he is the most famous game merchant in this game, which is far greater for him than the benefits he can get from an auction.

But for Yu Bin, this kind of auction, he didn't know how many times he had seen it in his previous life.

In the previous life, because no one had enough prestige and power to set a unified exchange rate standard at the beginning, the real transaction of game items has been in a small-scale hidden state, usually a simple transaction of real money and game items between several friends, and this kind of transaction achieved through a long-term trust relationship can give players enough security.

But again, this kind of trading also brings a big problem, that is, the exchange rate is very different, and the same bottle of healing potion often has diametrically opposite prices in different transactions, and this situation quickly spreads from reality to the game, causing great harm to those game merchants who trade large quantities of goods in the game.

In this case, dozens of well-known guilds and game merchants have reluctantly worked out a unified exchange rate standard, but despite this, this standard is still very fragile, because players cannot directly spend real money to buy game gold, they can only buy gold from other players or game merchants to exchange currency and game gold, which is both inefficient and inconvenient, and also breeds a large number of black market merchants who sell gold coins for a living.

It wasn't until the state agencies began to step in, buying up large quantities of idle in-game gold at a uniform standard and then offering it to players in need for direct exchange, that the exchange rate began to stabilize and finally settled at a ratio of one to hundred.

And now, Yu Bin has two major advantages in his hands, which are enough for him to accomplish a feat that could only be accomplished by state institutions in his previous life!

The first is sufficient financial security. Although this auction was indicated by Yu Bin, the other six apostles also participated in it to a certain extent, and Yu Bin focused on the long-term effect of the auction, the other apostles paid more attention to the authority formed through this auction, as long as Li Shouyi was made into an external, open, and trustworthy game gold coin exchange window through this auction, then a steady stream of real money would flow into their pockets through this window, as long as the brain was not a bad person, It is foreseeable what a huge fortune and influence this will be. Therefore, the entire Devouring Snake was very happy to provide Li Shouyi with sufficient gold coin support, and it can be said that since the decision to hold this auction, the number of gold coins that Li Shouyi was able to mobilize has directly increased from hundreds of thousands to hundreds of millions.

The second is to be well-known. Compared to other game merchants, Li Shouyi, as the most famous and successful game merchant in the current game, can be said to be no less famous than those advanced players who occupy the top of the rank list, and as his business in the game grows bigger and bigger, this popularity will also become the basis of his reality. The reason why the state institutions in the previous life can become the first choice for players to exchange game gold coins is to rely on the national system behind them to guarantee, and now, Li Shouyi is doing the same thing, as long as he can let players smoothly exchange gold coins in the future, then his reputation will become more and more reliable, even if those state institutions will join in the future, as the first person to determine the exchange rate, Li Shouyi will also occupy a certain position in this financial feast.

Of course, with Li Shouyi's proposal of a one-to-one ratio, other merchants can also propose a higher exchange rate, thus taking away the power of currency exchange from Li Shouyi's hands, but Yu Bin believes that it will not be long before the vast majority of players will accept this exchange rate and choose to exchange it from Li Shouyi or a formal state agency.

This is because this ratio was finalized after several years of development in previous lives.

It's actually quite simple to understand.

First of all, where do the gold coins come from? According to the statistics of players in the previous life, more than 90% of the gold coins are obtained through the player's behavior of fighting monsters in the wild, and the money, materials, props, equipment, etc. dropped by killing monsters, a valuable part of these things will be traded among players, and they will be turned into high-grade potions, equipment or props and other finished products step by step in the form of the industrial chain, while a part of the worthless or low-value will be sold directly to NPCs, so as to obtain gold coins.

As a result, many game merchants initially think that NPC gold is infinite, and that players can get gold as long as they take something to the NPC's shop and sell it. As a result, a lot of gold groups were created, and a large number of recruited players obtained drops by destroying simple monsters, and then exchanged them for gold coins from NPCs for sale.

But what they don't realize is that the world of Entagri is very different from other online games.

First of all, monsters are not infinitely refreshed, when the gold group destroys the monsters in a certain area, these monsters will be extinct, and new, more powerful monsters will occupy this area, thus frustrating the idea of infinite gold mining in the gold group.

Secondly, NPC's gold coins are not unlimited, in the final analysis, there are two main sources of NPC's gold coins, the mining of gold, silver and copper mines, and the conversion through alchemy, the latter because of its huge cost and cumbersome processes, only used to alchemy higher denomination currencies, such as a purple gold coin equivalent to 10,000 gold coins or a star gold coin equivalent to 10,000 purple gold coins, etc., these large amounts of currency only exist in commercial transactions between countries, and it may be difficult for players to obtain one in their lifetime.

Therefore, there is a quota for the mining of gold, silver and copper, and as the gold mining group continues to exchange gold coins, NPCs will also adjust their monetary policy accordingly, and eventually recycle the gold coins in the player's hands through various means, such as increasing the repair cost of equipment, or the selling price of materials and supplies sold in the store.

To put it bluntly, it's the same as a country in the real world, where you can't watch you endlessly exchange money from the state for profit.

Under such multiple influences, the exchange rate of gold coins will be fixed at one to one hundred, and there may be small fluctuations, but there will never be a profit margin for black market merchants to make profits.

At this point, some people may say, aren't there still various copies? In addition to normal dungeons, there are also special dungeons that allow players to take troops to challenge, and the rewards for successful challenges often contain a large amount of gold, and this type of special dungeon is also called a lord dungeon by players. Isn't it easy to get a lot of gold through these dungeons?

Yu Bin in his previous life also had this idea, but after he became a lord in this life, he knew that the gold coins produced by the so-called lord dungeon were actually just a way for various NPC countries to stimulate the player lord to wage war through this means, and the gold coins produced by the so-called lord dungeon were still the ultimate source of the NPC.

The reason is simple, what is the lord player farming lord dungeon for? Gold? Maybe it's one of the reasons, but more importantly, the experience and military exploits of the soldiers under his command! So what happens to lord players after gaining experience and military merit? Let these elite soldiers hide in their own homes and become moldy? Obviously not!

And so the war began, player-to-player wars, player-to-NPC wars, NPC-to-NPC wars, and even faction wars!

Yu Bin can say with certainty that the gold coins converted from a soldier who died in the war are far more than the gold coins he obtained from the lord dungeon, and for a lord player, the war is a real bottomless pit!

So where did the gold earned from the lord's dungeon go?

Build a common resource for your territory! Strategic supplies purchased from superior lords! Funds donated after receiving the Superior Lord's mission! Penalty after a failed liege's mission! And so on and so forth!

If Yu Bin is not an undead player, as a lord, he will also have to pay daily commissions for his soldiers, buy food and water from superior lords, pay daily necessities to the residents of the territory, consumables during war, and so on!

It can be said that lord players come and spend money quickly!