Alpha 0.7 Marketplace
Hello Commanders!
Our first release of the CSC in-game Marketplace is ready for Commanders to try out! Marketplace v1 allows only GFC & GRP transactions, this is to allow us time to fully test all aspects of this new system in a production environment before enabling ETH transactions as well, you can expect ETH and many other advanced features in v2+ which we will be releasing in the coming weeks.
CSC Marketplace 101
CSC is bringing the world's first combined FT / NFT Marketplace designed in the style of an order book system. This type of transaction system is typically seen on a stock, currency, commodity, or crypto exchange. It provides the ability to BUY and SELL via contracts that get fulfilled when matching contracts are created. Contracts (or Order) are created containing either Items (NFTs or FTs) or Currency (GFC, GRP, Soon ETH, and support for others in the future).
To summarize, Commanders can sell items via (Sales Contract / Order) and other Commanders can buy an item that exists OR can post a buy order requesting items for a specific currency and price. Included with this marketplace update is an in-game Catalog of all the known game items that can be easily searched.
The following is the feature roadmap for the Marketplace. v2+ is expected in a few weeks before the release of 0.8, our Crafting Update.
Marketplace v1 — Features
- Create Buy and Sell orders of all in-game NFTs and FTs.
- Commanders are LIMITED to 20 OPEN Buy Orders
- Orders cannot be modified, to change an order you must close your previous order and create a new one.
- GFC and GRP are the only supported currencies.
- Ability to sell multiple of the same type of NFT in 1 contract.
- Realtime client update of your sales or purchases.
Marketplace v2 — Features
- ETH currency contracts, these will work by opening your browser to the CSC website to fund the contract before its active.
- Price estimator will be present when selling an item from station inventory. (using v1 historical data and blockchain sales historical data)
- Charts and sales history for all game items.
- News Interface, recently sold, listed and discovered items.
- Contract Time Limit: Contracts will get expiration time and will close and return your items/currency if they are not fully executed by expiration time.
Marketplace v3 — Features
- Check-in gateway for FT Items (be able to check-in and check-out approved CSC tokens from the blockchain)
- MEA and Pre-Alpha Resource Credits
- Public API Access (Not just marketplace but other game data as well)
- UI improvements — Paging for order history, export to CSV for marketplace data and history.
- Auction Sales and Single Item Sales, this will support multiple auction types and provide a traditional marketplace experience to sell NFTs or FTs.
SELLING CONTRACTS
Selling Contracts is used when Commanders have assets they wish to sell. Through your Station Cargo, commanders must right-click the asset they wish to sell and choose the Sell Item option.
A pop-up will then prompt you to choose the price you are selling at and choose the quantity of how many of that asset you are selling. You will notice a Station Fee, a Station fee is a tax for using a Station’s Marketplace. All GFI Stations are set to 5% tax. Commanders will pay that tax once a sale is completed.
Commanders can use the catalog on the left side of the Marketplace interface to search through the Item database. When searching through assets, commanders can either search through all assets or active assets. When the active filter is on it only shows you assets that have an active contract in place. (As shown in image 1.C). Commanders will want to have the active filter on when looking for contracts. If you have the All filter on then you will see the entire current catalog of items within CSC.
Within the Selling Contracts section commanders can also double-click an item to purchase. In the image below, a Concentrated Neutron Beam is being sold, a Commander can then click the item and a purchasing prompt will pop up (as shown in Image 1.E) It is important to note where an Item is located. The Concentrated Neutron Beam is being sold in Ark Station, if you purchase that item then you will need to pick it up at the station it is being sold at.
BUYING CONTRACTS
In the market for a new Energy Weapon? Does no one seem to be selling it? Then you will want to set up a Buying Contract. You will first need to go to the Marketplace and use the Item Catalog on the left side or use the Search Field. You can then click New Order to begin creating your Buying Contract (as shown in Image 2.A). You will first Set your max price and Bid Range, the Bid Range is whether you are limiting your purchase to only your current Station or if you will pick up an item no matter which Station it is located in. The Quantity is how many you wish to buy of the item you are in the market for.
If a Seller puts up a Contract at the same price or less than your offer, your contract will automatically purchase it. If two people have identical Buying Contracts up and a Seller puts up an item meeting the criteria of both, then the sale will automatically go to the older of the two Buying Contracts.
ACTIVE ORDERS & HISTORY
Additionally within the Marketplace is the ability to check your Active Orders and your History. You can check all orders you have open across Stations within the Active Orders tab.
In the History tab, you can see your past Contracts. If you click a contract you can find out more about the information of the sale; whether its when you closed a Contract early or where an item you purchased is located. The yellow indicates it was a Closed Contract- this can happen if you closed it yourself or it expired.
CONCLUSION
The Marketplace is still in an early state but allows Commanders to start boosting the economy as well as utilizing the Catalog to check all the assets that currently exist in CSC.
We hope you all enjoy the Marketplace and if you have any issues please contact us through our Support Portal.
Safe flying Commanders
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