Suggestion: Lower Interest
Started By
It's been said for ages. Alacrity really needs to lower its interest rates. I have almost 80 million on Alacrity - and I get 1.6 million interest a week. That's enough to cover food, vaccination, or for me to buy 10 bones in a week. Two weeks, and I've got a year upgrade or a perk. If I don't spend, it adds and adds up, and I can get more and more interest.

I know a lot of members are going to hate this, but I think it will hold so much potential to then work on getting the money in circulation down. We could hold cash sinks, and people won't be able to win by just merely bidding their interest without dipping into their millions. In real life, I get 0.8 interest on my bank account. Something like that needs to be applicable here.

100million = 1 million interest at 1%
100 million = 2 million interest at 2%

I think it needs to AT LEAST be halved, if not more. Earning money on Alacrity should be more than just clicking a button every Friday, because that's how I earn my money and in regards to Alacrity, I'm pretty wealthy. With the new trial systems being formed, why not put in a step to get rid of the 'lazy man's' way of making money, so that the whole community gets involved.

I'd love to hear feedback.
- Sunny

09-9-2013 at 4:14 PM
100% agreeing with Rav on the mentality of the issue. We really need to start thinking of the community and the overall economy rather than an easy way to line our pockets. This is sticking the nail in the coffin for me in regards to my money-making, so in no regards am I making bias suggestions<br /> <br /> Clicking a button for instant cash is no fun and brings little self-satisfaction. Buying, maxing, trialling, breeding, designing and everything else to do with the dogs is the fun aspect of the game, and should most definitely be the main money maker in the game. Interest should be just a little sweetener, maybe a bit of pocket change to get food or vaccinate a dog, not a way of life. And honestly, if you're complaining about not having enough money, perhaps you need to rethink the way you play on Ala. Budgeting is a good skill to have, in real life and with online games.<br /> <br /> And for those complaining that it's their only source of income, there are tens of ways to make money on the site, especially once the trial system is up! (There will be more ways introduced, I'm guessing, with much more profit being a thing in sight). But honestly, breeding and selling, renting out items, training and maxing, selling sessions, playing the foundations or sales market, buying up items in the sales under the junkyard price and junkyarding them, selling items in bulk, offsite trading, selling art, selling layouts, selling accounts, selling boarding services. Honestly, if you're struggling with making money, contact the NH's, and they will give you tips and tricks. <br /> <br /> A cap sounds like a good idea, but there are ways to get around it. Two accounts, two lots of cap, double the interest (So, the cap and the interest amount would have to be quite low anyway). A person could theoretically ask other people to store money for them then split the interest.<br /> <br /> I think that even with a cap, there's no way we can deny that the interest rates need to be slashed. It shouldn't be a easy climb to the cap.
edit history
2013-09-09 16:17:17 by #16324

09-9-2013 at 3:57 PM
It wasn't directed at anyone in particular Al =). I just hope that people think of everyone that plays and not just themselves is all =)<br />

09-9-2013 at 3:53 PM
<i>Also guys, let's remember we are looking at this as a COMMUNITY. Let's stop worrying about our own pockets when offering critique on ideas ;) I for one have a lot of cash and I'm trying to give ideas that are good for everyone, not just ideas to keep my pockets filled. Please think of your fellow players.</i><br /> <br /> Don't know if I was a part of that statement xD I currently don't use/collect/earn money at all right now (and haven't been for a while) so I am unsure exactly of how fast paced collecting income can be when you have money. Had to punch some numbers into the calculator when providing my one example.<br /> <br /> A reversed tier system definitely would work. Because it gives them a liittle boost while gradually becoming more and more difficult, leading the user to work harder.
edit history
2013-09-09 15:54:12 by #3906

09-9-2013 at 3:31 PM
It was me that suggested the tier system =)<br /> <br /> As I had it, an upside-down tier would make it EASIER for new members, not harder. It'd make it harder for those with more money. They should still have to work and not just sit back. <br /> <br /> With interest higher with lower amounts, saving will be nice for new members and encourage them to use the bank. For richer members, it will make us have to still work to maintain or riches and give us a more reasonable amount.<br /> <br /> My numbers were just thrown out there to provide an example. If they are low enough, it wouldn't matter if someone split between their two accounts to get a better interest rate because it still wouldn't be earning them 1mil+ interest a week like they do now. =)<br /> <br /> Also guys, let's remember we are looking at this as a COMMUNITY. Let's stop worrying about our own pockets when offering critique on ideas ;) I for one have a lot of cash and I'm trying to give ideas that are good for everyone, not just ideas to keep my pockets filled. Please think of your fellow players.

09-9-2013 at 7:27 AM
How about we put a cap on interest? <br /> <br /> I know its a bizarre thought but I understand the issue that's going on. There are those with triple digital millions in their bank (think 100mil) so I can only imagine how much that is making the economy crumble.<br /> <br /> I for one have 4mil in my bank and just by collecting interest weekly, which I don't however, I can easily just keep building up and building up WITHOUT trialing or playing games. <br /> <br /> <br /> Or as Mizzy said, create a tiered system.<br /> <br /> I understand that a lot of newer users might have issues with this but when trialing comes up, it won't be hard for them to start making thousands to millions of dollars. Especially if they use the "downtime" to train dogs, or purchase trained ones to begin with.<br /> <br /> As for transferring money, if you have 1 mil on one account and 2 mil on the other, have the 2% interest for both you,ll be making 60,000 total. If you put all the money from one account onto another and do interest day that way, you're still making 60,000. <b>So transferring money shouldn't be a problem if both accounts have the same interest since it's the same amount.</b><br /> <br /> My opinion: I myself wouldn't mind a tiered system or a capped one. I understand that the newer users will have problems, but so did I when I first started. When I started, it was near impossible to get a thousand, let alone a million. Now all you need is a good item, sell it and voila. It may seem like it's going to be hard, but once trials are up, money will be flowing into the system quikckly and into the banks just as fast.

09-8-2013 at 3:37 PM
Remember, interest builds up overtime. I've literally gained all my money from interest.<br /> Like Sun said, when trials are up, members will have another way to make money. Remember you can always play games daily, and on both accounts, that builds up.<br /> And you could always offer other services such as custom design making, or participate in contests with cash prizes. There are many ways to make money.<br /> Support from me.

09-8-2013 at 3:34 PM
I'm sorry I can't say I support this. You may have millions of cash in your bank but others don't and you can only get so much in a day from the games. 1 or 2% isn't the much for newbies and some other players. If you want there to be a way to stop high interest collection it should be that you can't collect interest after a certain amount. I don't really know just throwing out ideas because I can't imagine a lot of people agreeing with this. Of course I could also be wrong on the agreeing thing.

09-8-2013 at 3:01 PM
Sorry,<br /> <br /> I agree with Pasercute (#29582). Many new users, or users with low ala cash have a VERY hard time getting it. But- I think it should be changed in a way. I would suggest at least putting a cap on the interest, of 1 million. So, if you have a certain amount of ala cash that would go over interest rates, then that user(s) will just get 1 million, or less.However, I DON'T agree on having a cap for the amount of cash we can have in the bank. Honestly, It's sort of unfair to users if there were to be a cap on how much we can have in the bank. Not all of us spend our money like crazy, and some of us don't want a bunch of cash in hand...
edit history
2013-09-08 15:05:05 by #26840
2013-09-08 15:02:34 by #26840

09-8-2013 at 2:43 PM
I do not support. I only get maybe 5k max of interest every week and its hard enough to make money since I can't draw or do layouts or anything of the sort.

09-8-2013 at 2:31 PM
Once the trialling system is up, members will have plenty of opportunity to gain money. What I'm saying is that there should be no click to instant access money, but rather users should work for it. Many members just live off their interest, which is making the economy out of whack.<br /> <br /> As I say, I know my idea isn't perfect, so I'm asking for solutions, but no member can put their hands up and say that interest has no effect on the economy when i'm getting 1million a week.

09-8-2013 at 1:18 PM
This idea doesn't work for members who are not upgraded and who do not make a ton of money. Usually I have around 10k in the bank and only get a few hundred bucks of interest! I need that money :(

09-8-2013 at 11:04 AM
With how much items and such cost these days, and a lack of way to make money really... I don't think 250k is too high. Then again, I also like to donate my money and give things away and such, so I guess I'm looking at it in the sense that I'd have to stop doing things like that ^^

09-8-2013 at 10:59 AM
Support. Considering that there's over $3 billion circulating on Alacrity, we need a way to curb this amount before it does any more damage.<br /> <br /> I agree with Ravette in regards to having a tiered system. However, this system could be abused if you use your main account and your side account to gain more interest. Let's use Ravette's numbers for an example. Let's say someone has $200k. By putting $200k in one bank they will earn $100 @ .05% interest. If they put $99,999 in one account's bank and $100,001 in the other account, they will make $150.<br /> <br /> Instead, each tier should have a fixed amount of interest, rather than a % interest.<br /> <br /> For example,<br /> 0-10,000 - $50 ($100 Upgraded)<br /> 10,000-25,000 - $175 ($350 Upgraded)<br /> 25,000-50,000 - $375 ($750 Upgraded)<br /> 50,000-100,000 - $750 ($1,500 Upgraded)

09-8-2013 at 10:53 AM
I'm just using that as an example but the point is for you to get less interest the more money you get. The interest will be low enough where splitting the money between your accounts won't be giving you the 1mil in interest that people have been getting. <br /> <br /> I'd like to see those with 50mil get only 100k at most each week.

09-8-2013 at 10:46 AM
Crev: I like your idea, but I think even the amounts you suggest are a little too high. 500k a week can still do a lot.<br /> <br /> Rav: The issue is, the insanely rich may split the money between two accounts to break the tiers. Unless we make it super low, but that would affect those who genuinely only have that money.

09-8-2013 at 10:42 AM
Yes. A million bajillion times yes!<br /> <br /> What needs to happen is a tier based on the amount you have in your bank account.<br /> <br /> 0-20,000= .2 interest<br /> 20,001-100,000= .1 interest<br /> 100,001-500,000= .05 interest<br /> <br /> etc etc. <br /> <br /> No one should be making as much as they do. This is MILLIONS introduced each week. The money sinks are going to do NOTHING if people can just use interest money. <br /> <br /> I'd like to see daily allowance buffed in response to this. New players get 1k each day and upgrades get 5k each day. <br />

09-8-2013 at 10:39 AM
I suggested in the past that there be a 1 mill or 500k cap on interest - honestly, I hate collecting money, but, in order to keep up with everyone AND get a lot of interest, I feel kind of forced to do so. So, honestly, I'd rather there be a tier system for how much interest you're getting, rather than there being a % - because then people are going to keep collecting money, probably even more so than they do now.<br /> <br /> I certainly agree on fixing ala, I think just capping out the bank to storing 50 mill or something might be a better alternative, just so people aren't hoarding. (And this would make for the 1 mill a week a 2% interest).<br /> <br /> OR drop it to 25 mill for the 500k, since people will probably store on their side accounts as well.<br /> <br /> Part of the reason ala looks like it has tons of money in circulation is due to people hoarding it more so than a lot of people having a lot of money, I think, so instead of still allowing people to hoard forever, I personally think a cap on the hoarding is a good alternative ^^<br /> <br /> EDIT<br /> Haha, I see where I worded that weird. I mean, they can store as much as they like, but ala will only give out a certain amount (whatever the cap may be). I think it should be 250k though, really, so it's 500k total with two accounts. 500k is more than enough to get rewarded weekly without it getting ridiculous.
edit history
2013-09-08 10:42:50 by #6081

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