Difference between revisions of "Encampment System"
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===New Magincia Bazaar=== | ===New Magincia Bazaar=== | ||
| − | [[File:New magincia stall locations.png|thumb|upright|right|400px|Map of the stall locations | + | [[File:New magincia stall locations.png|thumb|upright|right|400px|Map of the stall locations in New Magincia Bazaar.<br>'''''Click on the image to enlarge'''''.]] |
The New Magincia Bazaar is a dynamic new center for commerce that offers buyers and sellers alike the opportunity to trade in extraordinary new ways. | The New Magincia Bazaar is a dynamic new center for commerce that offers buyers and sellers alike the opportunity to trade in extraordinary new ways. | ||
Revision as of 02:32, 6 June 2011
Encampment System (or New Magincia Bazaar) refers to the trade system introduced with Publish 70.4 and only available through Gothic or Rustic Theme Packs.
Official Documentation
- The text on this section is from the New Magincia Encampments document released in UOHerald.
New Magincia Bazaar
The New Magincia Bazaar is a dynamic new center for commerce that offers buyers and sellers alike the opportunity to trade in extraordinary new ways.
The Bazaar of New Magincia consists of 50 stalls that will be leased for one week at a time by prospective merchants. These stalls are available to renters for commerce. The Bazaar Authority keeps expert brokers on staff, who are available for hire by those leasing stalls in the bazaar. These brokers act on behalf of the stall renter to buy and sell merchandise. Brokers are of two types: Animal Brokers, and Commodity Brokers.
Animal Brokers will take possession of pets and sell them at a price determined by the owner, charging a small commission for each sale, plus a small percentage commission on the sale price of unsold inventory. Prospective customers will be able to preview animals for sale in specially designed pens, and see their vital stats.
Commodity Brokers are able to both buy and sell commodity items for their employer. They work on commission similarly to Animal Brokers: they receive a small percentage of each purchase or sale, and they charge a percentage commission on all sale-able inventory.
The rules for stall leasing make provisions for extending leases, as well as relocating stalls within the bazaar, so that dedicated merchants may establish and maintain a long-term presence at the Bazaar. As a public service the Provisional Council offers gratis storage for all stall inventory and funds for up to one week after a stall lease expires.
Overview - The Bazaar Grounds
Located throughout New Magincia are 50 small square dirt patches. On the north edge of each patch is a sign on a signpost. The signs identify each stall with a letter and a number. The Bazaar Authority updates these signs with pertinent information about each stall: who is leasing it, the name of the shop occupying the stall, and when the stall will next be auctioned for a new lease.
Those wishing to lease stalls may use the signs (by double-clicking). The user is presented with more detailed information about the stall. Using menu options on the stall sign interface, users may place, adjust, and retract bids. Renters may review the details of their lease, plus hire and release brokers.
When a stall is rented and a broker is hired, the broker erects a temporary structure (either a fenced-in animal pen or a trading floor) in the stall, and remains with the stall for the duration of hire. The employer and prospective customers interact with the broker to conduct business.
Stall Leasing
Whenever a stall is not rented, the Bazaar Authority will accept new bids for that stall for up to 12 hours. When a new lease is established, the winning bidder gains exclusive use of the stall for 7 days, plus a randomly chosen amount of extra time up to 12 hours. The Bazaar Authority never releases details about the precise end time of an auction, in order to curb "bid sniping" and other unfair practices.
Prospective merchants may have one active bid at a time. This bid may be a bid for a specific stall, or for the next available stall. Bids must be an even multiple of 1,000 gp, and the minimum bid allowed is 1,000 gp. The user simply chooses the amount to bid, and whether the bid is for the specific stall or the first available stall. Bids remain in effect for as long as the user wishes. Bidders may retract or adjust their bid amounts at any time.
All funds covering stall bids are held in escrow by the Bazaar Authority. There are no fees for placing, adjusting, or retracting bids.
When determining the winning bid for a stall, the system considers all bids placed for the first available stall, plus bids placed for the specific stall. In the case of ties, bids for the specific stall win over bids for the next available stall. If multiple users have bid exactly the same amount, then the oldest bid placed wins the tie.
The user interface will display the top bids that apply to any stall at the current time, and will indicate whether each bid is a specific-stall bid or a next-available bid. The source of all bids is always kept private.
Merchants wishing to lease a stall continuously for more than 7 days may place some funds in reserve with the Bazaar Authority to match the top bid on that stall. When their lease ends and the stall is re-auctioned, if the top bid is not higher than the match funds reserved for that stall, then the current tenant gains a new 7-day lease on the stall but the amount of the top bid is deducted from the reserved match funds. The top bid remains in effect for future auctions. A merchant’s bid matching information is kept private.
A merchant who is leasing a stall may choose to place a bid on another stall. If the user wins a new lease on a different stall, then the broker will relocate the shop to the new stall and being a new 7-day lease. The lease on the old stall is abandoned, and the Bazaar Authority will auction a new lease for the vacated stall within 12 hours.
 Commodity Broker Style 1 |
 Commodity Broker Style 2 |
 Commodity Broker Style 3 |
 Animal Broker Style 1 |
 Animal Broker Style 2 |
 Animal Broker Style 3 |
Once the lease is established, the renter need simply select the desired broker type to establish a shop. There are three styles of Animal Broker stalls and three styles of Commodity Broker styles. The user may preview the stall using the menu before choosing the one desired. Also, so long as a broker’s inventory and account are empty, the renter may quickly and easily replace the broker with a different style and/or a different shop type.
Commodity Brokers
Commodity Brokers buy and sell commodities of most types on behalf of the employer. When a merchant employs a Commodity Broker, he must provide the broker with operating funds and inventory, then set prices and stock limits. The broker charges a 5% commission on all transactions. Additionally, the broker charges a 5% weekly fee on the total sale price of all its sell-able inventory. The weekly fees are charged incrementally over time. The broker charges no fees for outstanding offers to buy commodities.
Your commodity broker has an account balance, which you must fund from your bank box. These funds will be used to pay weekly fees on inventory for sale, and will be used to buy commodities from others. If the broker has no funds available, it cannot purchase commodities for you. Proceeds from each transaction go into this account. You may deposit into it and withdraw from it at any time.
After hiring the Commodity Broker, the player must provide a sample of the commodities for the broker to trade. After the broker has added the sample to its inventory, the employer may then instruct the broker to buy that item from other players using provided funds, and/or sell that item to other players. The employer sets prices and limits (i.e. the player may instruct the broker to buy up to 5,000 iron ingots at 10 gp per ingot). Trade limits instruct your broker to only buy a commodity when its stock level is below the limit you set, or to only sell a commodity when its stock level is above the limit you set. Your broker may buy and sell the same commodity at the same time, so long as its sale price is higher than its buy price. Brokers are able to buy and sell the same commodity at the same time, so long as the asking price is higher than the bid price.
The employer may transfer funds and merchandise to and from the broker at any time. The employer may also adjust prices and stock limits at any time. Inventory may be transferred to the broker in either item or deed form, and all inventory removed from the broker’s inventory is returned in deed form.
When other players visit the broker, the broker will present them a list of all commodities it will trade, along with the prices and quantity limits for each.
To buy from the broker, click the button next to the commodity name on the left-side of the interface, enter the amount desired, and click the button labeled "TRADE". To sell an item to the broker, click the corresponding button on the "SELL" side of the interface, enter the quantity, and click the "TRADE" button.
The broker will ask for confirmation of each transaction. The broker delivers all purchased goods in deed form. When selling to the broker, it will accept commodities in deed form or in item form.
When your broker buys commodities, the seller receives the full price you offer from your broker's account balance, and then the broker deducts its 5% commission on top. When your broker sells commodities, the broker receives the full price from the buyer, then deducts its 5% commission and adds the remainder to the account balance. Brokers cannot buy commodities when they do not have sufficient funds for the trade (i.e. 105% of the value of the trade).
It is possible for your broker's account balance to become negative due to fees charged. If this happens, the broker will continue to sell commodities, and any proceeds will cover the negative account balance first. However, a broker with a negative account balance will not be able to buy commodities, nor will it allow you access to its inventory, until you have deposited funds to cover the negative account balance.
After the lease ends, if the broker goes to the warehouse with a negative balance, the items from the warehouse can not be retrieved until all of the fees are paid back. The broker inventory will be deleted after 7 days in the warehouse along with the unpaid fees.
Animal Brokers
Animal Brokers sell tamed animals on behalf of the employer. The employer transfers pets from the stables into the pet broker inventory and sets prices on them. The employer may transfer pets back into the stables or adjust pet prices at any time. Customers may preview the pets, and the broker provides customers with Animal Lore information about each pet for sale.
Your Pet Broker charges a weekly fee of 5% of the total sales price of all pets in its inventory. Fees are effective immediately upon placing pets up for sale. Fees are recalculated immediately when pet prices are changed. Once a pet is sold or removed from inventory, no more fees are charged for that pet. For example, if a pet is priced at 10,000 gp, the weekly fee is 500gp. If the pet is sold 24 hours after being placed up for sale, the total fee paid for that pet will be 71 gp. Fees are charged incrementally over time. In addition, the Pet Broker charges a 5% commission on each sale. This commission is in addition to the weekly fee.
It is possible for your account balance with your Pet Broker to become negative due to fees charged. To prevent this, you must deposit sufficient funds in advance to cover fees. If your pet broker does not have sufficient funds to cover fees charged, you will be required to pay the back fees before you may alter pet pricing or adjust the shop inventory.
After the lease ends, if the broker goes to the warehouse with a negative balance, the items from the warehouse can not be retrieved until all of the fees are paid back. The broker inventory will be deleted after 7 days in the warehouse along with the unpaid fees.
Warehouse Storage
When a stall lease ends, the hired broker will transfer any remaining inventory and funds into the Warehouse of New Magincia. The broker’s former employer has one week to reclaim those animals or commodities, and funds. To claim these goods, visit a Warehouse Superintendent and ask to retrieve your items.