Diablo 3 Will Let Players Buy And Sell Items For Real Money ..
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To me, time is money when you're working towards money. It would be safe to assume you aren't working towards obtaining money when you're enjoying your leisure time (playing Diablo 3). So time =/= money in that sense. To put it simply, if you aren't working, there is no opportunity cost.

Aug 08, 2012 A Diablo III player claims to have earned more than $10,000 in real currency since the game was launched. The player, known only by his pseudonym 'WishboneTheDog', answered extensive questions on. Diablo 3 will let players buy and sell items for real money This is going to be interesting. On Tuesday, Blizzard invited us to their headquarters in Irvine, California to announce that Diablo 3. Want to sell your Diablo 3 Items safely for real money? Register for FREE today and sell them quickly in our secure Diablo 3 marketplace. Get your offers exposed to 1.2 million gamers worldwide by just a few clicks with no cost.

When you create a game that lets people trade items and you make some items both very rare and very valuable, you create the demand for a black market. Blizzard has decided to bring cash transactions into Diablo 3; the company has announced the addition of auction houses to the game. You can buy items for gold in one house, and straight-up cash in another. Each region will have a single marketplace, to make sure no currency or exchange issues rear their heads.

'What we've found is that no one's actually done this before,' Rob Pardo, Vice President of Game Design, told Joystiq.'So it has been a long road to getting to where we are today, where we can actually announce we're doing this.'

After you sell an item, you can either remove the money from the game and use it in the real world using an as-yet-unannounced third-party company, or keep it in the game to use on other auctions, Blizzard games, subscription fees, or Blizzard merchandise. While Blizzard won't be selling items directly to increase revenue, Pardo did say that cosmetic items may be sold on the market.

Blizzard is being smart with the revenue coming in from this system: players will be charged a flat fee to list an item, and if it sells there will be another flat fee paid to Blizzard. The company won't make more profit on a more expensive item, and the 'nominal' fee will dissuade players from simply dumping everything they find on the auction block. Since drops are random and only players can sell to other players, the economy is still self-contained.

Diablo 3 Will Let Players Buy And Sell Items For Real Money ..

'There are some people out there that don't have the ability to put a time investment into the game, so they do want to use real-world money to kind of advance their character,' Pardo told Joystiq. 'And the other side of it is that there are people who have a lot of time and don't benefit from it, because they'll be able to generate items, and get better items or cash it out.'

Many of the moves here make sense, and Blizzard is creating the market in such a way that it will only minimally impact the game's world. Well, it should only minimally impact the game's world, but we're have to wait until the masses descend upon Diablo 3 to find out how the community will respond.

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Archived Article[e]
Auction House is an archived article about material previously included in Diablo 3. However, it has currently been removed or the article contains outdated facts. The information is stored in Diablo Wiki for posterity. Please note: Links in this article lead to both updated and archived material.
This article was last up to date:

April 2014Currently updated version of this article is:

Auction House

The Diablo 3 Auction House, both Real Money and Gold, shut down on March 18, 2014, just days before D3v2 went live and a week before Reaper of Souls was released. News of the AH's shut down came as a huge surprise when revealed on September 17, 2013.^[1]

The developers chose to discontinue the principle means of trading and gear acquisition in Diablo 3 since they felt it was detracting from the overall game fun of finding new items from killing monsters. This sudden change was (at least initially) quite popular with the Diablo community, with over 73% of voters approving of the decision in a popular vote on Diablo.IncGamers.Com. ^[2]

Blizzard explained the AH shutdown before confirming that Item Binding would be the main way to control related issues.^[3]

Grimiku: Removing the Auction House would fix the problem it created, but that would also create new problems, like chat spam (WTS/WTB [item link]) all day long. That’s definitely not ideal, either. One of the ideas driving Loot 2.0 is that players should not feel that they need to use the Auction House. We don’t mind if players use it, but targeted drops, reduced trash items, better stat ranges, new Legendary effects, and the Mystic should help players feel empowered by the item hunt, and not forced to use the Auction House.

1About the Auction House
2Method Behind the Madness: Why RMT?
- 2.1RMT Transactions and Keeping a Secure Account
3Development of the Trade System

About the Auction House[edit | edit source]

An Auction House is an in-game mechanism to allow for easier trading of items for items or money. Diablo II did not include this sort of feature, but many MMORPGs do, notably World of Warcraft. Diablo III will feature an Auction House (AH), which comes in two main varieties: the gold-based Auction House will allow players to sell items, crafting materials, and even their characters for gold. The RMT (Real Money Transaction) Auction House will allow the sales of the items listed prior, but the caveat is that they are for real-world currency. Namely, Euros, Dollars, Rubles, etc. Real-world money transactions within this wiki entry will be referred to as RMT, or “currency” transactions.

The benefit of an auction house is that players can put items up for sale in an automated system. They need not be present to sell their item or spam ads about their item in the chat channels. It's also easier to find items you want to trade for, since other players don't have to be online for you to see 'WUG'.

The Auction House is restricted between SC (Softcore) characters, and HC (Hardcore) characters.The AH was revealed during the late-July 2011 Press Event, and the first images and information about it were released on the first of August of the same year.

Official Auction House FAQ

Interface[edit | edit source]

The same item showing gold and RMT sales.

The Auction House is available for use during any point in time, including in the Battle.net menu, the game's main menu, the lobby, and also in-game.

The items for sale are listed by category, and each category has their own set of variables that the player may choose to search for. For instance, if a player is seeking a weapon with lifesteal, they will be able to specifically search for that mod.

In addition to this, Blizzard has also implemented a system where the player may select a character of their own choosing, and the auction house will perform a 'smart search' based on the items they have equipped, and what could conceivably be an upgrade for them. The efficacy of this system is as yet unproven, as an 'upgrade' for a specific build can be quite hard to define.

Your auction house history is also tracked through the battle.net client, showing the player what they bid, what they won, what they lost, etc.

Bids and Buyouts[edit | edit source]

Much like an auction house found in any other game (or on online sites such as ebay), a player may choose to bid on an item, or to pay the full buyout.The sell

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