Spiral Knights - Loan Trading

Loan Trading

11 replies [Last post]

Fri, 05/04/2012 - 08:26

Golgomath

Im going to build off of Aplauses' idea (so don't kill me if it sounds similar).

What if when we traded with people we could make an "loan" option for the trade. This would be a safe way to do loaning and to pay off equipment trades incrementally. Here's how it would work (sorry for the odd variables, A and B are just identifiers, X is a number): Knight A wants Item A from Knight B, but doesn't have Crowns X to pay for it. Knight A chooses the "loan" option from the trade menu. Knights A and B then agree upon a price. Knights A and B enter their sides of the trade into the loan option and both Knights confirm the trade. (Seems similar to what we already have? Just wait.) Once both Knights have confirmed, Knight A gets Item A and Knight B gets Crowns X, HOWEVER the Crowns X that Knight B receives are NOT those of Knight A. These are Crowns that are loaned to Knight A from the system through the "loan" option. This means that Knight A owes the Crowns X and some extra (it's interest, but it's a set amount extra as opposed to an increasing amount). The way that Knight A pays back the loan is that whenever Knight A gets ANYTHING that can count towards paying the loan off (with the exception of mist energy because that can't be traded) it is AUTOMATICALLY sent to the "loan" account and the amount given is taken off. This system could work with any type of payment (CR, CE, mats, gear).

This also can be implemented with a third Knight as the loaner, instead of the system. That would work like this: Knight A wants Item A from Knight B, but doesn't have Crowns X to pay for it. Knight A chooses the "loan" option from the trade menu. Knights A and B then agree upon a price. Knight A then finds a Knight to loan price of Item A and sends a "loan request" to Knight C. Knights B and C enter their sides of the trade into the loan option and both Knights confirm the trade. Once both Knights have confirmed, Knight A gets Item A, Knight B gets Crowns X, and Knight C gets a "loan account". This loan account works exactly like that of the one in the previous system, except that the items/crowns/energy are sent to Knight C.

POSSIBLE ISSUES

Knight A exploits Loan to get "free" gear: Solve by implementing a "foreclosure" method. If the Knight stops playing for a set period of time (agreed upon by Knights A and C if the 3-Knight system is used), then the item involved with the Loan is "foreclosed" and sent to Knight C (if the 3-Knight system is used) or it is destroyed (if the 2-Knight system is used). Knights will not be allowed to owe more than one Loan at a time.

Knight C exploits Loan to get a steady source of income: Solve by not allowing Knights to loan to more than one Knight at a time.

Knight A is an alt for Knight D and sends Item A to Knight D so that Knight D gets Item A, but Knight A has the Loan: Loaned items are untradeable, undroppable and bound while the Loan is still in effect.

(Just a final thought, this could give way to a Knight Credit Score, like how well/quickly Knights pay off Loans, making them more or less reliable to potential Loaners (Knight C))

TL;DR?
It's basically like a mortgage system through the trade function.

EDIT:
I like Autofire's idea of making the items unusable as opposed to destroying them. Also, maybe it could become unlockable with tiers.
Asukalan: Everything used in the system (other than the crowns given to the selling knight) stays in the system. The fix for your situation would be to use the 3-Knight system.

Fri, 05/04/2012 - 09:12

Autofire

Destroyed? I would just think

Destroyed? I would just think it would become unusable, or the giving knight would be given it back. If it's destroyed, some are going to be raging over the fact that that brand new FoV you just got was destroyed. The system seems a little to complicated for new knights, too, and some might be scammed by it.

Fri, 05/04/2012 - 09:16

Asukalan

-1

If you cant afford something you dont really need it in spiral knights.

You put here some examples of exploits, but the whole idea of crowns appearing out of nowhere is too exploitable.

The possible countermeasuments to prevent exploiting will only harm normal users.

-1

Alt of B buys a really expensive ecto drop from knight B, knight B gets crowns from system and then Alt of B dissapears and never pays its loan to the system. In meantime knight B sends crowns to alts, and more alts, trades stuff, sells stuff and creates extreme trading network to hide crowns that he got from system infecting more people with his crime.

Im sure that in next post you will add something that will prevent such scenario but it does not matter, there will be other ways to exploit similar idea, and every next countermeasurment will just hurt innocent players.

Fri, 05/04/2012 - 11:46

Kive

hey

ILL PAY YOU BACK TUESDAY

Mon, 05/07/2012 - 06:33

Golgomath

Added some edits. Asuakalan:

Added some edits.

Asuakalan: you didn't read the 3-Knight system??

Mon, 05/07/2012 - 07:33

Juances

"Knight Credit Score" can be faked with alts so it's poitnless to have it.

Mon, 05/07/2012 - 07:34

Golgomath

I realized that as i was

I realized that as i was reading the post, it was just a thought.

It could work, but OOO would need to keep track of alts. Maybe a credit score for the account?

Mon, 05/07/2012 - 07:44

Sirenblue

A bit too complicated, don't you think?!

Also (pointing the gun at myself here too actually), why coop up in a social game?

Mon, 05/07/2012 - 10:52

Golgomath

What do you mean?

Mon, 05/07/2012 - 11:12

Asukalan

Golgomath, you didnt read my

Golgomath, you didnt read my post.
Exploiters will have your 3 knight system deep, where sun never comes.
Your idea is a "all you can eat" buffete for exploiters, trolls and scammers.

Once again so you can understand, Knight A buys completely useless item X from knight B with a loan of insane amount of crowns. Transaction finished, Knight A has useless item for insane amount of crowns, knight B lost this useless item but gained insane amount of crowns for free from system.

Now knight A should work his butt off to pay the loan and all his money would go to the system but he just logs off and never logs in again. With that knight A just got free crowns.

Also, alts could be used to make loans piramids, where you have loan on alt, but you make a new one to take a loan to pay off the loan of first alt and so on and so on...

And sorry, but in a simple game like this, if you dont have money for something, you dont deserve it.\

Mon, 05/07/2012 - 12:24

#10

Niichi

Is it really a good idea to put that kind of temptation in player hands anyway? Rookie players may end up taking out loans for things that they cannot realistically afford and then find themselves forever in debt. Even if they can cancel a loan, they would have lost crowns for nothing and that's a sure fire way to foster negativity.

In the end, we're probably better off with a system that forces players to accumulate the funds before any ingame purchase so they don't completely over-reach beyond their means. It's also a great deal less complicated and doesn't require safeguards for safeguards for safeguards.

Mon, 05/07/2012 - 14:56

#11

Blaze-Breaker

Really, I think the address

Really, I think the address should give away what I think of this.
http://www.enotes.com/shakespeare-quotes/neither-borrower-nor-lender

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