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Questions I have about a Netherite based economy.
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Asiatic Lion posted this in #questions
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Asiatic LionOP
I already have an economy running on EssentialsX and Vault but I wanted to try something new out.
1. How do I make Netherite feel valuable in an economy without making it frustrating to obtain?
2. What’s a good way to control the circulation of Netherite to prevent devaluation?
3. Should I allow Netherite farming through bartering, or keep it strictly from mining?
4. Has anyone tried an item-based economy instead of a plugin-driven economy? What worked well?
5. How can I make Netherite a tradable currency without making diamonds/emeralds obsolete?
6.What would be a good tax system for a Netherite-based economy? Transaction tax or material decay
7.How do you make a rare resource (like Netherite) a functional currency without hyperinflation?
8.Should I set up NPC shops to regulate Netherite pricing, or let players control supply/demand?
9.What are good ‘money sinks’ for a Netherite economy so that it doesn’t become stockpiled?
10.Would making Netherite tools/armor require upkeep (recrafting) help balance the economy?
11.Would a guild-based banking system for Netherite storage/trading be a good idea?"
12.Has anyone tried making Netherite degrade over time to keep demand high?
13.How do I create meaningful jobs around a Netherite-based economy?
14.Would a black market for Netherite (stolen/damaged gear) add interesting trade dynamics?
1. How do I make Netherite feel valuable in an economy without making it frustrating to obtain?
2. What’s a good way to control the circulation of Netherite to prevent devaluation?
3. Should I allow Netherite farming through bartering, or keep it strictly from mining?
4. Has anyone tried an item-based economy instead of a plugin-driven economy? What worked well?
5. How can I make Netherite a tradable currency without making diamonds/emeralds obsolete?
6.What would be a good tax system for a Netherite-based economy? Transaction tax or material decay
7.How do you make a rare resource (like Netherite) a functional currency without hyperinflation?
8.Should I set up NPC shops to regulate Netherite pricing, or let players control supply/demand?
9.What are good ‘money sinks’ for a Netherite economy so that it doesn’t become stockpiled?
10.Would making Netherite tools/armor require upkeep (recrafting) help balance the economy?
11.Would a guild-based banking system for Netherite storage/trading be a good idea?"
12.Has anyone tried making Netherite degrade over time to keep demand high?
13.How do I create meaningful jobs around a Netherite-based economy?
14.Would a black market for Netherite (stolen/damaged gear) add interesting trade dynamics?
Asiatic LionOP
15.Has anyone implemented a rare material as a primary economy before? What challenges did you face?
16.Would it be fun to introduce different ‘Netherite grades’ (pure vs. refined) for different values?
17.Would it be fair to let players 'loan' Netherite and pay it back with interest?
18.If I wanted to add regional Netherite scarcity (some biomes richer than others), would that be engaging or annoying?
19.Would letting factions hoard Netherite (like a reserve currency) be a good idea or make the economy unfair?
20.How can I make Netherite-based contracts (paying workers in Netherite) viable?
16.Would it be fun to introduce different ‘Netherite grades’ (pure vs. refined) for different values?
17.Would it be fair to let players 'loan' Netherite and pay it back with interest?
18.If I wanted to add regional Netherite scarcity (some biomes richer than others), would that be engaging or annoying?
19.Would letting factions hoard Netherite (like a reserve currency) be a good idea or make the economy unfair?
20.How can I make Netherite-based contracts (paying workers in Netherite) viable?
Ruddy Ground-Dove
Basically just don't bother using item currencies.
The biggest issue is you WILL face bugs that let people do dupes, and it'll be a small nightmare to moderate.
The biggest issue is you WILL face bugs that let people do dupes, and it'll be a small nightmare to moderate.
It's doable if you're extremely careful, but...
Asiatic LionOP
dang ok
Asiatic LionOP
before i began my research I saw examples of servers being successful while still having item based economies. It wasn't because of the economies that the server was successful. It was the constant moderation (staff workforce) that could have sadly been used in other ways instead of moderating dupes. The communities are constantly having problems and arguments discussing their economy due to duping. Having an economy based on items was not the correct path to introduce a unique twist to the game-play formula. Even real human history, we have seen the emergence of digitized transactions phasing out physical currency.. Going to an item-based economy was in fact a step backwards from what EssentialsX and Vault has already introduced.
Komondor
aeon is right, what I think would happen if you were to use netherite ingots as currency is the server would be broke from the beginning and then suddenly someone makes a massive tunnel bore & gets rich
Asiatic LionOP
having a starting stipend was one of the ideas, aka having a few netherite scraps or nuggets (made via the Nexo plugin) in the starter kit for each player
and whitelisting the world until the government could stockpile netherite was also another suggestion to prevent players from finding anything that easily after tunneling was also on the table at one point
Ruddy Ground-Dove
There’s also this just being easily exploited by Baritone bots.
Massive netherite farms.
Asiatic LionOP
oh that baritone problem isn't something that I encounter often.
Thanks for bringing it to my attention
Ruddy Ground-Dove
Ultimately it’s possible to do, but a pain in the dick for players and admins alike.
Theoretically good, practically it’s annoying.
Asiatic LionOP
I know.. everyone is doing unofficial votes for resetting the whole world..
Ruddy Ground-Dove
Well. Good luck if you want to.
Asiatic LionOP
No it's okay you convinced me not to do it
Little yellow ant
just stating my opinions, im not a block game economist
- Dupes are a risk anywhere, and can still wreck an economy if selling exists
- Paying for flexes can be a good money sink (think of how real rich people spend money on goofy flexes)
- Black market and loans should be player-run unless you have some good custom mechanics
- Dupes are a risk anywhere, and can still wreck an economy if selling exists
- Paying for flexes can be a good money sink (think of how real rich people spend money on goofy flexes)
- Black market and loans should be player-run unless you have some good custom mechanics
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