Online Mage: Intelligence Potion at the start of the game, 10,000 times increase
40 The Auction House’s terrifying profit margin!!

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The Auction House's Terrifying Proficiency!!!

In Qin Feng's eyes, these pieces of equipment took up too much space and were somewhat useless.

However, in the eyes of other players, these were all top-grade equipment!

So...

After Qin Feng took out these equipment, tools, and materials, he directly put them up for auction.

As soon as Qin Feng placed the item up for auction, many players received the notification.

……

"Hint: A high-level auction item has appeared in the Auction House. Please click on the Auction House to participate in the auction!”

……

At this moment, many players opened the Auction House and looked at the new items that had appeared.

Among them…Flying Fish widened his eyes and looked at the equipment's attribute panel in disbelief."This…this is a Gold equipment. F * ck, am I seeing things?”

Rock Demon Beast's Armor (Gold)(Details)

[Starting price: 900 gold coins]

[Each increment: 200 coins and above.]

[Reward: 15%]

……

At this moment…

Flying Fish immediately opened the equipment panel in front of him. After a casual glance, he realized that this equipment was just right for him!

Thinking of this…

He didn't join the auction. Instead, he put up all his equipment, materials, and tools in the Auction House.

To buy this equipment…one would need a large amount of gold coins.

There weren't many ways to obtain gold coins at this stage, so the Auction House was a good choice.

After Flying Fish placed the items on the Auction House, he saw many Gold Equipment mixed with Silver and Bronze Equipment appear in the Auction House.

Most of them were put up for auction by Qin Feng.

There was also a small portion of equipment obtained by other lucky players. They were specially put up for sale. After they exchanged for enough gold coins, they would buy some equipment that was suitable for themselves.

As more and more players joined the Auction House, the number of equipment and tools in the Auction House increased.

The embryonic form of the entire trade market slowly appeared.

At this moment, under the equipment that Qin Feng was auctioning, players began to bid one after another.

Of course, the increase in price was not large.

However, the price of the equipment in the auction kept rising every second!

At this time…more and more players began to discuss.

"F * ck, there are really a lot of Gold equipment in this Auction House. It seems that all the big shots have made a move. This wave of sales is really flying!”

"Is there anyone kind enough to help me gather the money? I want that Platinum Assassin equipment!”

"These pieces of equipment are really awesome…I think the auctioneer is Big Boss Yongye. He's really a god. Where did he get so many high-level equipment?”

"Big Boss Yongye is already an inhuman existence. Ignore him. Let's quickly sell some equipment and exchange for better equipment.”

"I f * cking put up a piece of equipment just now, but it turned out that the Auction House could directly buy it and sold it for 2 gold coins.”

"You didn't lose anything…you might not be able to sell it off if you put it up for auction now. You need money, so selling it to an auction house is the best choice.”

……

At the same time…

Two low-level players were touring.

The young girl suddenly stopped moving. She mumbled,"Wow, this Silver equipment is so beautiful. I really want it.”

The boy was also looking at the Auction House panel.

When he heard the girl's words, he looked bitter."Wake up, we don't have any money. We only have a few silver coins in total.”

The girl looked at him strangely." Don't you have Silver equipment…"

"Sell your Silver equipment and buy this.”

The boy was shocked." I only have one piece of Silver equipment. That's my life. How can I sell it? Don't even think about it."”

"Not selling?" The girl was furious.”

"I also raised some money to buy this Silver equipment of yours. Also, you promised me that you would buy me a Silver equipment. Are you not going to admit it now…"

The boy was speechless and wanted to cry.

This scene played out among the players. Some were couples, some were brothers, and some were teammates.

The appearance of the Auction House had caused the players to be unable to obtain any equipment. This mentality had completely disappeared because all the equipment was clearly priced!

As long as you had money, you could have high-level equipment.

In one of the Novice Villages, a player tried to sell a Gold equipment in his backpack to the Jun Lin Auction House.

Soon, the auction house gave the price of 100 gold coins.

If a player was not satisfied with the price, they could also choose to auction it themselves. If a player bought the equipment, they would take 15% from the buyer and 15% from the seller.

In other words, the buyer had to pay 15% more.

The player thought for a moment and decided to hand it over to the Auction House.

This way, the auction house would only take 10% commission from the seller.

That was 10 gold coins.

The Auction House had only bought the Gold equipment for 90 gold coins, and the starting price was 100 gold coins, and the buyout price was 1000 gold coins.

If the transaction was successful, the auction house would get another 15% commission.

It was simply a huge profit!

With a monopoly…the current auction house was just making money with their eyes closed.

Of course, the speed of earning money would also increase as the player's level increased.

The later the game was, the more money he would earn!

……

At this moment…

Qin Feng, who was in the Auction House, heard a series of system notifications.

[Auction House Notification: You have received a transaction commission of 15 gold coins.]”

" Auction House Notification: You have received a transaction commission of 24 copper coins.”

" Auction House Notification: You have received a transaction commission of 18 copper coins.”

……

A series of system notifications rang out, causing Qin Feng to be at a loss.

He had thought that the auction house was very profitable.

But he didn't expect it to be so profitable!

This time…he was truly shocked by the speed at which the auction house was accumulating money.

The huge and energetic player community was like an undeveloped treasure trove for the entire game trade market.

And Qin Feng was the first to develop this treasure land.

At this point, players had already passed the initial exploration stage and could basically grasp the various functions of the Auction House.

Consignment, auction, purchase, and direct sale to the auction house.

The entire auction house was like a huge war machine, operating wildly.

There were a large number of items in the Auction House almost every second, and many players were trading here.

In just a few minutes…

Qin Feng's Wealth soared rapidly.

At this moment…

Qin Feng directly opened his inventory panel and looked at the gold coins he had obtained.

[Gold Coins: 1,260,000]

……

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