The Neopets Team introduces well-needed deflation to economy causing an uptick in overall players and spending.
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Ever since Neopets went independent many amazing steps have been taken to revive our beloved ancient pet site. One of those steps was introducing Daily and Weekly quests which reward players with rare items that were previously unobtainable. All around Neopia players are rejoicing in obtaining their Neopets dreams that they felt were previously unobtainable.
Inflation has long been a problem on Neopets, if you wanted certain stamps or other collectable items you were usually screwed. Same goes for certain paint brushes and clothing items, but as of recently with the introduction of daily and weekly quests, which you can find here, that has all changed.
Many paintbrushes have been crashing in value overnight often coming from 6 to 8 million, now only being traded for about 1 million as the supply of those brushes has increased. The same can be said for many stamps and plushies.
The increase of supply of rare items and the deflation of those items both means that players are making more money and spending more money, which is only good. More stamp collections are started, more dream pets are being customized, more clothes are being sold, more stamps are being resold. The majority of the Neopian playerbase is doing mighty fine.
The wealthy are scared
The exception of course being the ultra wealthy, the ones who have been hoarding and price manipulating many items for many years. To the amusement of many Neopians they’ve been spotted panic selling their rare items in the hopes of selling it before it loses a magnificent chunk of their value to no avail.
So if you’re on the look out for something on the trading posts, be aware of panic sellers who will try to sell you something for probably a lot more than it’s worth.
All of this increased economic activity and player activity should in the end only be good for everyone, including the ultra wealthy. More Neopoints exchanging hands and more players wanting to buy stuff for their neopets gives the wealthy and everyone else an opportunity to make bank by reselling items.
Neolodges are out, feeding your pets manually is in
Another positive aspect of this TNT intervention is the fact that many people now have stopped putting their pets into the Neolodge, where they can be taken care off for a mere 150NP a month and instead they’re starting to buy food again to feed their Neopets manually. This due to feeding your neopets being one of the quests of the daily and weekly quests that you get.
Which again, is only great for the Neopian economy, I’m excited to see where all this increased economic activity will bring us.
Possible negative effect on the Battledome market
The only foreseeable issue with this deflation that might affect the less wealthy Neopians is that all these price drops for paint brushes might put a dent in the market for Nerkmids. As Nerkmids are used to gamble and win paintbrushes, the losses can usually be off set by winning expensive paint brushes.
However, if paint brushes keep crashing in value, less people might be interested in buying Nerkmids to gamble which could put an end to a very lucrative nerkmid selling market that can easily generate up to 2-3 million Neopoints a month.
So far Nerkmid prices don’t seem to be affected by deflation but it will remain an interesting market to follow.
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