I have been having this on my mind for a while now, so I am going to share the idea of a new and improved coliseum that may still need adjustments, but the main idea of this is for a balance plain-field, a greater challenge, and for fun.
Krogmo Store & Equipment:
First things first, overall my very opinion towards LD is that its just terrible, though its expected from games that have started with PvE. To the point though, to start it off I think that Sullivan, the Colesium Rewards Supervisor, should be able to sell special PvP equipment that start off 1* which would be worth 5k crowns each. There are two types of three sets for specific weapons they power, which are two swordsman sets, two gunslinger sets, and two bomber sets. PvP gear type A involves speed, having the helmet and armor possess the attributes of attack speed increase: low and movement speed increase: low. While PvP gear type B involves damage, giving the bonuses of damage bonus: low and charge time reduction: low. The stats that every set has would be max normal stats (even if the armor is 1*) though the defenses of Elemental, Shadow, Pierce, with the resistances of all elements will be low, once reached to 5* everything will max out.
As for the weapons they will also start at 1* and cost 10k crowns, Sullivan can sell every type of weapon that has been released (Ex: Cutters, Normal Swords, Heavy Swords, Flourishes, Machine Guns, Pistols, Pulsars, Catalyzers, etc.) but only has weapon power of normal damage. The reason to why the PvP armor has the complete defense power and resistances is because weapons will end up getting special UVs that are only Colesium specific. These UVs involve applying bonus attack stats and give weapons a capability to cause resistances to other players. (Ex: Cutter with Normal, Elemental, Shadow, and Pierce attack stats or a Cutter with Shadow and Elemental damage but has a chance to give Sleep aliement (and yes, a chance to cause opponents to sleep would be able to be obtained as a UV but would be super hard to get))
For the shield, there would be one shield instead of having Striker, Guardian, and Recon Packs, having every stat that the PvP equipment hold. Don't worry though, they would be removed from colesium but not the game, only because that these three packs would be able to be obtained for 1,500 Krogmo coins but have a supply of 10 for each monthly (Only because these packs should be special and if all packs are bought at an end of the month, they will be re-stocked back to 10, even if there were still 4 of one of the packs, they will not be re-stocked till all are sold) Finally, since every equip starts at 1*, they will be able to be upgraded in the Krogmo Alchemy Machine.
Coliseum Gameplay:
For my thought of the gameplay, I'm thinking of having three modes. Deathmatch, which involves working up to get the highest score of kills before time runs out. Capture the Flag, having the goal of capturing the enemies flag to win the match (the cooldown will end up changing to 5 seconds no matter what, but only for this specific mode). 1v1 mode, having players be able to fight it out without anyone getting in the way of an honorable duel, and whoever has the max of 5 kills wins. The specifics that Deathmatch and Capture the Flag have is that players can obtain buffs, fight monsters which can show up out of nowhere (besides rock jellies) which also includes rare chances for bosses to show up (the first team that kills the boss gets crowns, heat, tokens, and a considerable amount of points) there will also be traps around. As for 1v1 mode, there wont be traps, buffs, or monsters around to get in the way. The requierments to enter PvP would be a fee of 200 crowns, every player needs to wear a PvP set of any of the three kinds, the player must have a PvP shield or PvP Weapon (Players could use Outside PvP Shields or only 1 Outside PvP weapon (Ex: Swiftstrike Buckler, or a Valiance).
Special Features:
The special features would be that costumes would end up being able to show, and the PvP equipment that's sold by Sullivan, can have their colors changed to make them different than other players (Ex: a customizable PvP Leviathan Blade clone (No name yet) to look like Arkus's Leviathan Blade) Though the color changing would end up having to be atleast 30 Krogmo coins each.
Well, that's all I can think of so far. Overall I feel its a good idea, but all ideas have some flaws that need to be worked. Please give your feedback and ideas to make Coliseum even better.
1. Put it in the suggestions subforum where its supposed to be
2. Edit the OP and break up the paragraphs, no one wants to read a giant wall of text