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Runescape Crypto to Fight RWT

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H Townhustle
Apr Member 2018

H Townhustle

Posts: 223Silver Posts by user Forum Profile RuneMetrics Profile
So I was recently talking to a fellow Runescape on YouTube about on the topic of RWT when an idea of a crypto coin for the game came to mind. This would completely smash any problems of real world trading if the crypto coin could be use to buy rs gold.

The limited amount of coins (lets just call it Jagexcoin because Runecoin is already in use) that's tethered to the amount of GP in game would give it its real world value. That and of course the amount of people who chose to invest in Jagexcoin in real life.

Let's be real RWT isn't going to stop because there's such a high demand for rs gp which will always keep gold farmers around. But if Jagex makes a crypto coin that players could buy, hold and use it to buy RS gp instead of credit cards and other currencies.

Whether you personally believe in crypto or not does not stop the fact that cryptocurrencies are becoming apart of the global monetary system. Cash, debit and credit cards will eventually become a thing of the past. So we could either chose to get onboard or get left behind. Central banks took hold of this reality and are even taking part of crypto. Just looks at XRP and JPMcoin (JP Morgan aka Chase Bank) for example.

Now this is just an idea so if you somewhat agree you're more than welcome to throw in some better ideas for a RuneScape crypto coin. Let's keep this thread going folks :)

10-Mar-2019 00:56:46 - Last edited on 10-Mar-2019 02:03:03 by H Townhustle

H Townhustle
Apr Member 2018

H Townhustle

Posts: 223Silver Posts by user Forum Profile RuneMetrics Profile
BTW I'm not an expert on how blockchain works. This is just an idea I'm hoping we all could build on. What keeps a crypto alive and running is a strong community which RuneScape has, and a use case which we could figure out.

10-Mar-2019 01:01:58 - Last edited on 10-Mar-2019 01:06:19 by H Townhustle

Stoic n Vain

Stoic n Vain

Posts: 1,182Mithril Posts by user Forum Profile RuneMetrics Profile
This would just legitimise real world trading in RS, wouldn't it?

This would cripple the current RWTers, while enabling every player to legally become a RWTer.

I haven't decided whether to be for or against this. This game has been moving closer and closer to pay to win anyway and RWT happens regardless of the rules :(. I'm unaware of how effective Jagex is at stopping it. Do they prevent the vast majority of RWters, or do they only manage to stop a few? My decision would depend on how well they are handling it.

If RWTing is thriving, regardless of the rules, giving the power to the players by creating crypto and taking the power from the current rule breakers would be interesting. This might stop Runescape from being a "game" though. Players would end up turning this into their "income".

I was initially against bonds, but then I saw how many positives came with them. I wonder if Jagexcoin would turn out the same. Curious to see what others think of this.
The New Wild (instanced) <---------> Enhancing Combat and PVP

10-Mar-2019 01:34:44

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