Buy orders for ingame market place

[dense bobcat]

Buy orders for ingame market place;

Self explanatory

Buy orders for ingame market place

[sonic narwhal]

So you mean if there's nothing of what you want on the market you can put in a request for it? How would it work? Send a notification to everyone who has the item and isn't using it?

[dense bobcat]

So for example;

Let’s say “epic m4 commodore” for an example.

Someone is selling for 100 but I don’t wanna pay that price so I put in a buy/offer on the marketplace for 50. Someone can come along and accept it

[lunar abyss]

Such a good idea

[ivory finch]

Open sea has this feature. So I don’t know why they wouldn’t implement the same on the in game marketplace.

[stuck locust]

limit buy and sell orders with expiration?

[stuck locust]

technically this would make the game fall under the financial regulatory umbrella so it might have to be something that allows execution of a trade at a set price but from an external application.

[dense bobcat]

Other games I’ve played have this feature in built; RuneScape being one of them

[stuck locust]

So the difference here is that regulators don't care about what is used in a game like Runscape because it never touches a real-world financial market. once you have an NFT/token that can be bought and sold for real money (Opensea integration) it gets a lot tricker. This is why Gunzilla is worked on the MiCAR compliance for the GUN token. GUN is not a normal in-game currency. the items we get are not normal in-game items..

Limit orders are not inherently illegal but because the NFTs represent a transferable token, they fall under FinCEN so the in-game marketplace can start to look like a regulated crypto-asset service, which would make OTG a money transmitter with AML obligations.

This is also why I also try to be patient with Gunzilla overall b/c what they are doing is orders of magnitudes more difficult than an Arc Raiders, Call of Duty, etc. Those a literally children's games by comparison. Gunzilla and OTG are building something much more complex which we should all be excited about, but also understand that some things that other games have, just a different beast of a challenge to implement for Gunzilla.

I do hope they are able to add a feature like this in the future though - because any games that run on Gunzilla would benefit.

[dense bobcat]

Understandable though you would think any type of buying/selling would fall under that category though.

Yeah a lot of people don’t realise how long lincesing processes take, simple corrections on a application can take 6-12months alone

[stuck locust]

yeah its so crazy. but i'm excited we are all part of this so early. its gonna be pretty special if things do start to blow up.