Showing posts with label trade. Show all posts
Showing posts with label trade. Show all posts

Saturday, 4 April 2020

Advanced Guide: General Overview

General Overview

A key part of being successful within Entropia Universe is recording and understanding useful bits of information, and using that information to make improvements to your what ever profession you decide to work on.


As a hunter, this would be keeping track of which animal produce what animal oils, skins, hides, extractors, components and other resources along with their location. Understanding which weapon, weapon attachments, healing tool, armour and armour plating is best for which situation will greatly increase your chance of success.

As a miners, this would be keeping track of the type of resource found along with its locations and depth. Different mining tools search at different ranges and depths, understanding which tool to use for the best depth will greatly increase your chance success.

In both hunting and mining, the cost of equipment can drastically effect the margin between profit and loss, not only in the cost of its use in ammo and degrade, but also the markup price you spend on purchasing the equipment. Unlimited tools tend to have a higher usage cost in ammo and equipment degrade, but can be repaired, where limited weapons has lower usage cost in ammo and equipment degrade, but once broken, it can not be repaired.

As a crafter, you want to keep track of prices on the market, the market prices can fluctuate. When buying resources to craft with, you want to purchase for the lowest possible markup, and when crafting, you want to craft products in demand with highest possible markup.

As a trader, you want to keep track of the prices of different amounts on the auction, along with the values they can fluctuate between. Stocking up on resources when prices are low and selling when prices rise is one posible way of making profit. Smaller amounts tend to sell for higher markup compared to a bulk amount on the auction, and street value tends to be below that.


Equipment Costs

Tracking of your ammo use and the degrade on your equipment will allow you to adjust your equipment to better suit the situation.

If you are a new at mining for example, the trade terminal mining tools is very cheap and cost hardly anything to use, which is perfect for new people, but their depth and range is very small, which will make it harder to find bigger deposits. Mining tools can also have enhancers and amps attached to the tool. You will also want to keep track of the degrade on the amp, and also keep track of the markup payed on enhancers.

When a enhancer breaks the trade terminal value is returned in the form of shrapnel, so when buying and an enhancer, you are only paying for the markup cost of the enhancer.

Hunting is slightly more complicated than mining in tracking costs, there is more equipment parts to track. The main bit of equipment is obviously the weapon. Weapons can have multiple attachments and enhancers attached to them, the attachments include laser sights, scopes and amps, each attachment degrades along with the weapon itself.

Hunters also have healing tools and armour equipment. The most basic healing tools are simple first aid packs, which heals people at close range, and degrades when healing. The more advance form of this is mind force healing, using mind force requires you to have an implant, healing chip, and mind essence as the ammo. Both the implant and chip degrades when using mind force.

Armour comes in seven parts, face guard, body harness, arm guards, thigh guards, shin guards, foot guards and gloves. Each type of armour has specific types of protection, impact protection, acid protection, cold protection and stab protection are a few examples. Armour protects a person from damage but degrades when taking damage.

Armour can also have enhancers and armour plating attached to improve the person's defence against specific attacks.

Keeping track of each part of armour degrade and it's own specific attachments is also important. Where one type of armour and plating may be good against one type of creature, it may be ineffective against another type of creature, which can lead to higher costs when hunting.

Crafting equipment is very different from hunting and mining equipment. Blueprints are the main tool in crafting, there are 3 types of blueprints, limited, unlimited and boosted blueprints. Unlimited blueprints are just like unlimited tools, you can continuously use them without them breaking, limited blueprints have a limited amount of uses before the blueprint breaks, and boosted blueprints are like limited blueprints, but have a high success rate.

With limited and boosted blueprints, you will want to keep track of how many uses remain on a limited or boosted blueprint along with its cost and markup. The main cost in crafting is the actual resources required to make a product. Boosted blueprints offer a high chance of success when crafting.


Testing, Failures And Success

You do not fail, you only found ways that do not work. Starting with no experience can be daunting, not knowing the items or their values and uses can be overwhelming, just like with any new experience. Asking for knowledge can be unclear, you see many people ask "What is a good creature to hunt?", but hardly anyone asks for further details, like "What equipment was you using?" or "Where was this hunting spot?". Even then, the few people who do have an edge, might be inclined to not share their knowledge, or mislead you.

True knowledge is gain in personal experience, with repeatable results over time. Doing one test and being successful, may not be repeatable, and doing one test and being unsuccessful, just as equally, may not be repeatable. After a few good tests, you can get a more general idea of highs, lows and averages. From testing something new, you will be able to find what works and what does not work, from what works, test further and refine your method.

Do not overestimate advice people do share, just as equally do not underestimate. Do not overstretch your budget testing bits of advice people have offered you, but do not ignore the advice, if you are able to test a new area in your budget, do it.

Be flexible and expect change, if you have found a repeatable successful thing, still look for other new successes, because small things in the universe change over time, and nothing last for ever. Once you have found something successful, use a part of that to find the next success thing. Once you have found a few successful thing, if one thing changes, you will be less concerned about it.


Your Level Of Control

Understanding what you have control over compared to what you do not have control over is important. You do not have control of the returns of each individual loot pot, but you have control of how much you put in and the ability to change target and location.

Some days your usual successful area might be low compared to normal, knowing this from previous knowledge acquired can save your PED from being drained on a bad run. If you feel like one of your successful spots is low, stop and change target or area.

What is also in your control is what you spend on equipment, ammo and resources, and what you sell your resources and products for. This is slightly in and out of your control, as a buyer, you will want the lowest markup possible, and as seller you want highest possible markup, generally speaking the market info screen for an item shows the average value between the highs and the lows of the sales on the auction.

Once you have acquired a good bit of experience and knowledge, you will be able to look at market prices and focus on the right targets and location to maximise your income potential. Some items are very common in crafting, these items tend to have a large amounts sold on the auction in trade terminal value and low average markup values on the market info screen. Animal eye oil and animal muscle oil are a few examples of common fast moving markets.

The rarely sold items on the auction tends to have a higher markup, if there is a demand for them at that time, these items are harder to sell in smaller amounts on the auction, and it is best to sell these items directly to another person or to save up a bulk amount for the auction. Unique skins and hides are good example of the slower moving markets, like Snablesnot skin and Exarosaur wool.

A really simple way to check if a market fast or slow moving is to search it on the auction, if there is only one page, it is likely to be a slow moving market, if there is more than one page, it is a faster moving market.

Try to avoid selling items to the trade terminal, this is one of the biggest well known ways to lose PED. The system is not always 100% in and 100% out, markup on items can make a big difference between winning and losing. Store everything and sell it to a player, sooner or later you will find a buyer who wants what you have to sell, it is just a matter of time.


Skills And Equipmentment Information

Needless to say your skill is also a big factor, the more skill you have the less likely you are to get hit and take damage, less cost on armour and healing, the more accurate you will be with your equipment, the less ammo and degrade you will waste on weak damage, misses and evasions.

You are able to view your skill with a tool or weapon on the item info screen. When looking at statistics of accuracy and damage, or depth and range, all the number on the right hand side of the "/" is the weapons maximum potential, all the numbers on the left side of the "/" is your ability with your skills when using that specific weapon or tool.

If you are not at maximum potential and you are not in any learning period for the gun, you are more than likely wasting PED. When you are in the learning period of a tool or weapon, you will be wasting a little bit of PED but gain and extra boost in the skill you will gain.

You can look at an items info before you purchase a tool or weapon to see if the statistics are appropriate for the skill you have. You can do this by right clicking a tool or weapon in the auction, shop or trade window and selecting view information.

You can also click on an [Item Link] in the chat window to view its details, viewing items via an [Item Link] will give you its default statistics, and will show the maximum trade terminal value for tools and weapons, and the trade terminal value of one item for stacked items. Using [Item Links] will not revile the statistics of the trade terminal value or stack size of what is in a persons inventory.


Tuesday, 24 September 2019

Codex Released and Shares Trading

Bestiary Codex Released

Anyone who keep track of Entropiazine will know that back in July MindArk announced that the current mission system will be replaced with a new mission system.

Today the citizens were handed a new Codex system today containing information on the creatures they have killed, along with a new ranking system based on contribution. The bestiary list in the codex will automatically be added when a person makes their first kill with the new system.


There will also be a period where both the new and old systems will be in place at once, during which kills on qualifying creatures will result in progress on both the old and new system.

The grace period between the two systems will extend approximately one year, if you complete the requirements for the old iron mission during the cross over period, you will receive the usual reward, but you will not be able to begin the next mission of the old system.

When the one year cross over period has elapsed, all missions from the old system will be disabled for all participants. Progress will no longer be possible for the missions, and uncompleted missions will not provide any rewards.


Crystal Palace Shares For Sale

In other news today, we also see the release of the ability to sell shares in the shares system. Right now people are buying and selling shares in the new system.

Back in May Crystal Palace Shares was released to the public, being the first land area to implement the share system.

500,000 shares are available shares equalling to 100% of the Crystal Palace's land area and was originally sold for 10 PED or $1.00 USD each. All the shares were sold in less than 3 days.

Currently the price of each share is around 17.50 PED, but we can not predict if the price will raise or fall. The revenue from the shares have an average of 0.01 PED each per week, payed every Monday.

The estate is be managed by the official avatar "MindArk CrystalPalace Manager". Energized Fertilizer necessary to maintain creature spawns in the biodomes will be acquired by "MindArk CrystalPalace Manager" at the normal auction at market prices.








Tuesday, 16 July 2019

A Report: The effect of events on supply and demands



As updates of the the migration was released today, the mighty Eomon Matriarch is the closest to Ashi as it going to get for this year before moving south, with the Eomon herd following behind, and as the migration goes on, I want to take a closer look at an example of how mass hunting in events has on the market value.

Currently in the migration Longtooth are easily the most accessible when it comes to hunting, the lower levels can be hunted by many of the new and old players alike, with the lowest level being the Longtooth adolescent at level 4.

Animal Kidney Oil is one of the items that can be acquired frequently from the Longtooth. It does not need refining unlike hides, wools and skins and it more commonly used in crafting in its raw form.

At the start of the migration season we can easily see that the markup price falls drastically. The main reason for this drop is supply and demand, but there is a little more to this than meets the eye.

In the migration season many people will hunt Longtooth, and many people will acquire Animal Kidney Oil, and with many having Animal Kidney Oil, a number of them will try to sell their items quick on the auction offering lower prices than the people before them.

This happens when there is an oversupply of any resource, more supply means more people have that resources to sell, which means more competitors when selling.

However, this does not mean that there is less demand for that resources, in fact the exact opposite, any smart person who crafts would use this the chance to buy the resource they need when the price is low, secondly, a trader who understand when there is an over supply of an item will buy when the price is low and hold onto it until the price returns to an average level again.

As a hunters and a miner, understanding this will allow you to maximise the return you get from selling your loot, As a crafter understanding this will allow you to minimise the cost of the resources you need when buying.

Many traders will use this chance to use their PED to buy into to low value resources, which tends to cause other markets to raise in markup, the demands from crafters will still be there, but with less of a supply, market prices tend to raise. An items with hardly any sales, does not necessarily mean there are hardly any buyers, it could just as equally be a hard to acquire item, and if so, the markup would be greater.


Friday, 3 May 2019

News: Crystal Palace Shares



In the previous few updates we have covered that crystal palaces would be the first land area in Entropia to be sold as shares and in the last update we seen this starting to be implemented, just like the deeds that currently exist in game, if purchased, you will be able to earn a percent of the hunting tax on Crystal Palace.

Currently the prices of the shares are set to cost 10 PED each during the starting period, and a total of 500,000 share are up for sale. The fund earned will go to the current land area owner, "Buzz Erik Lightyear", whom had trouble selling as a whole land area due to the price.

Revenue is generated from hunting activity in the four Crystal Palace biodomes, not including the cave areas. 95% of revenue is paid as dividends to shareholders.

5% of revenue is allocated for the cost of the Energized Fertilizer required for the running of the biodomes, event prizes, and other estate maintenance and improvements.

Tax rate in all biodomes will be initially set to 4.5%. MindArk states that these setting can potentially be voted on by shareholders in the future. Payments of the revenue will be payed every Monday.

The estate will be managed by the official avatar "MindArk CrystalPalace Manager". Energized Fertilizer necessary to maintain creature spawns in the biodomes will be acquired by "MindArk CrystalPalace Manager" at the normal auction at market prices.



Crystal Palace Space Station shares can be acquired via the new share center interface, or in the Entropia Universe Webshop. The new share center interface can be access by right clicking on the your PED card.

Currently you are only able to buy these shares. Crystal Palace shares will be able to be traded in the version update currently scheduled for mid September (approximately 120 days from initial sale).




Thursday, 21 March 2019

News: New PED Earning Site


A new item trading and PED earning web site recently become publicly available.

Like many earning websites, you can complete tasks to earn PED which will be exchanged in Entropia via the representatives of the website.
"How many hours have you spent in the sweat circles lately? Looking to create some extra funds for ammo, or to repair your weapons and tools?" 
You can earn PED by watching adverts, promoting products or services, doing surveys and buying products to earn a bonus back in PED.
"Earn money through completing tasks on PEDflow.com, or through our mobile apps. Each time you complete a task, you will be rewarded with PED! Infact, singing up today automatically earns your 25PEC!"
All items that you wish to trade can also be displayed on the website for other to see, navigating threw what is on the website is easy, and the process of adding, changing and removing is very simple.
"PEDflow brings you a simple to use, free item market to sell any item you might have. Just post what you have, add a price, and wait to get an offer or purchase agreement. It's easy, and waiting for you!"
As this is a recently released website, currently there is an advertisement drive to acquire new members, and more features are expected to be implemented in the future.

To start earning visit: https://pedflow.com/



Monday, 25 February 2019

Guide: Sweating

This guide will teach you all about sweating animals within Entropia. The only tool that is needed is the VSE MK1, which every player gets right from the start, but a healing tool and a vehicle will be handy for this guide. (Valkyrie car can be acquired from Thule the tutorial area, and a Vivo S10 healing tool can be acquired from the gauntlet).

Note: The VSE MK1 can not be brought or sold, but can be put in storage, it is advised that you keep this gun on you at all time. If you go to another planet and leave your sweating device behind, you will not be able to sweat buy a new one, and the only way to get your one back is to go back to the planet you have stored it at.


Simple Sweating

To start sweating, simply go to the tools tab in your inventory (I on keyboard), and right click on the green round gun called the VSE MK1 to equip it. Then find a creature sweat,  click to target it, then press "F" key (Default), after a few attempts, you will see a green mist, this is the extracting phase.

In the extracting phase if you get hit or the creature moves out of your range, you will fail to extract. If you do not get hit and you keep the creature in your cross hairs for a few seconds, you will acquire some sweat.

After a number of extractions the creature will run dry on sweat, after this you will want to kill it, most people run to a turret and some shoot it, you can also drown the creature in water.

The skills you will gain while sweating are also valuable in a number of other professions, including hunting, mind force, and healing. With a tiny increase to other skills not related to these.


Group Sweating Locations

There are a number of locations where players sweat in a group to share damage to last longer, heal less and get more sweat. Overall this method will provide much more sweat in a shorter time but you will acquire less evade experience.

If the animal hits you, do not move and do not panic, it is not worth running, if the creature can hit you, it will hit you, moving does not effect your ability to evade a hit. If anything, the more you get hit, the more likely you will gain evade experience, the more likely you will be able to evade hits in future. The ability to evade is one of the more sought after skills for a hunter.


The easiest group sweating location to get to is Boreas. Teleport to the Isle of Troy then travel west to the edge where the land is no longer a solid green. From there you will be able to teleport or die and revive at Boreas. This is where a vehicle could come in handy.


Selling Sweat

The VSE MK1 does not degrade. You can use it as much as you want. This is one of the free abilities in Entropia, Sweat in itself is a valueless item to the system.
The value of sweat to a buyer depends on their needs for the sweat, and to a seller the value depends on their persistence to always be patient and look for a better price.

When it come to selling sweat, patience is a virtue, everyone has the ability to sweat, but not everyone has the ability to craft using that sweat, this means sweat is in a much higher supply than demand.

The best places to find buyers is at a group sweating locations, when a buyer wants to buy, the first thing they think is "Where are there lots of sweaters?".

These buyers tend to come and go in moments compared to how long sweaters sweat for at these locations. Calling out  "WTS Sweat" will not help, almost everyone wants to sell sweat.

The best thing you can do is to sweat a bit more to sell more for when that valuable buyer comes by, and when that buyer does come by, make a note of that persons name and their price, make a friend, and sell for the best price you can. Sweat is normally sold in stacks of 1000, check with other sweaters for the average selling price at the time so you know what to aim for and you are not undercutting yourself.

To learn more about trading in general click here.


Uses For Sweat

Last but not least, many new people wonder what sweat is actually used for. The top 3 uses for sweat are making mind essence, making welding wires and missions.

Mind essence can be made by mixing force nexus and sweat in a refiner. Force nexus is an energy matter that is mined. You are able to purchase a standard refiner from a trade terminal.

Some blueprints like the welding wire blueprint requires sweat along with other materials, welding wires are used like ammo with the vehicle repair tool to repair vehicles.

There are also a number of missions that require sweat to complete, a few examples of these are the Arkadia Passport missions and Missions Galactica.

Friday, 15 February 2019

Guide: Sweating

(Since VU16, this guide has become out of date. Click here for up to date guide!)

This guide will teach you all about sweating animals within Entropia. The only tool that is needed is the VSE MK1, which every player gets right from the start, but a healing tool and a vehicle will be handy for this guide. (Valkyrie car can be acquired from Thule the tutorial area, and a Vivo S10 healing tool can be acquired from the gauntlet).

Simple Sweating

To start sweating, simply go to the tools tab in your inventory (I on keyboard), and right click on the green round gun called the VSE MK1 to equip it. Then find a creature to click on a few times, after a few attempts, you will see a green mist, this is the extracting phase.

In the extracting phase if you get hit or the creature moves out of your cross hairs, you will fail to extract. If you do not get hit and you keep the creature in your cross hairs for a few seconds, you will acquire some sweat.

After a number of extractions the creature will run dry on sweat, after this you will want to kill it, most people run to a turret and some shoot it, you can also drown the creature in water.

The skills you will gain while sweating are also valuable in a number of other professions, including hunting, mind force, and healing. With a tiny increase to other skills not related to these.

Auto Sweating

Sweating is as simple as that, but there are a few things that will make sweating so much easier.

The "Auto Use Tool" button! This will not only save your wrists, but will help in other things like shooting and repairing. To quickly set this up, press L to open the Edit Panel, press G to open up Keyboard Layout, then press Y to bring up the Action Library Book.

In the Action Library book write "Auto" into the search bar and then click on "Auto Use Tool", the page will turn, then drag "Auto Use Tool" to your screens heads up display or to a black keyboard key. Once you have done that, simply close all them windows. This button/key will allow you to toggle repeat fire mode.

You can learn more about the edit panel here:
Guide: Edit Interface

Group Sweating Locations

There are a number of locations where players sweat in a group to share damage to last longer, heal less and get more sweat. Overall this method will provide much more sweat in a shorter time but you will acquire less evade experience.

When sweating in a group of people, in the perfect situation, every one should stand in a circle around the animal, so that the animal does not run about to hit its target, causing failed extractions.
The creature should only need to turn on the spot to reach its next target.
If the animal hits you, do not move and do not panic, it is not worth running, if the creature can hit you, it will hit you, moving does not effect your ability to evade a hit. If anything, the more you get hit, the more likely you will gain evade experience, the more likely you will be able to evade hits in future. The ability to evade is one of the more sought after skills for a hunter.


The easiest group sweating location to get to is Boreas. Teleport to the Isle of Troy then travel west to the edge where the land is no longer a solid green. From there you will be able to teleport or die and revive at Boreas. This is where a vehicle could come in handy.

Selling Sweat

The VSE MK1 does not degrade. You can use it as much as you want. This is one of the free abilities in Entropia, Sweat in itself is a valueless item to the system.
The value of sweat to a buyer depends on their needs for the sweat, and to a seller the value depends on their persistence to always be patient and look for a better price.

When it come to selling sweat, patience is a virtue, everyone has the ability to sweat, but not everyone has the ability to craft using that sweat, this means sweat is in a much higher supply than demand.

The best places to find buyers is at a group sweating locations, when a buyer wants to buy, the first thing they think is "Where are there lots of sweaters?".

These buyers tend to come and go in moments compared to how long sweaters sweat for at these locations. Calling out  "WTS Sweat" will not help, almost everyone wants to sell sweat.

The best thing you can do is to sweat a bit more to sell more for when that valuable buyer comes by, and when that buyer does come by, make a note of that persons name and their price, make a friend, and sell for the best price you can. Sweat is normally sold in stacks of 1000, check with other sweaters for the average selling price at the time so you know what to aim for and you are not undercutting yourself.

Uses For Sweat

Last but not least, many new people wonder what sweat is actually used for. The top 3 uses for sweat are making mind essence, making welding wires and missions.

Mind essence can be made by mixing force nexus and sweat in a refiner. Force nexus is an energy matter that is mined. You are able to purchase a standard refiner from a trade terminal.

Some blueprints like the welding wire blueprint requires sweat along with other materials, welding wires are used like ammo with the vehicle repair tool to repair vehicles.

There are also a number of missions that require sweat to complete, a few examples of these are the Arkadia Passport missions and Missions Galactica.