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- [quote=Andski]
- Here's a rough timeline of events:
- [list]
- [*] Somerset Mahm proposes a PLEX referral incentive model to CCP for approval. It is approved and he
- later implements a referral incentive, creating a buyback program for PLEX purchased through his referral
- link at above market prices.
- [*] Somebody discovered that SOMERblink has created a new incentive to buy PLEX via their referral link.
- This was posted to Reddit, discussed there and it made its way to the forums.
- [*] The discussions about this catch the attention of the CSM, and it makes its way to the desk of CCP
- Falcon, CCP's community coordinator, who mentions that he was surprised by this and unaware.
- [*] SOMERblink is asked to put this promotion on hold for the meantime. They do so, and [b]publish private
- correspondence with CCP's VP of Sales[/b], along with the document they presented to her proposing their
- new incentive model.
- [*] Players who read this document realize that the proposal was undoubtedly written with the intention
- of [b]deceiving the reader[/b] into believing that there would be the incentive was not based on ISK or assets.
- [*] CCP's conclusion is that the incentive implemented by SOMER was not what they approved. In response,
- SOMERblink shuts down indefinitely and refunds outstanding deposits.
- [/list]
- So who acted in bad faith? CCP, by approving an ambiguously worded proposal and then deciding that what was
- implemented was not what they approved, or Somer, by writing an ambiguously worded proposal, deceiving CCP
- and essentially implementing a similar referral incentive to what CCP previously made him discontinue?[/quote]
- there are missing points of data on this timeline..
- I'd like to know [u]when [/u]each significant component of the Markee Dragon <-> ETC <-> SOMER kickback scheme appeared.
- that affiliate is exclusive to Somer's ETC buy price deal, and I'm exploring the possibility that it occurred
- along the way (rather than being a diabolical plan all along.)
- Things like:
- [u]when[/u] were the referral kickback terms hammered out between Somer and MD/ Marcus Ikenffeffer
- ---[u]and why are they needed.[/u]
- [u]when[/u] did Somer begin buying ETCs from players at the[i] 'best price in New Eden' [/i] deal price
- and the big question: [u]when[/u] did SOMER make the referrals from MD mandatory on his end / and announce that
- he would refuse ETCs acquired elsewhere.
- ------------------------------------------------
- [quote=Rain6637]
- I'm working on the assumption that the plan SOMER gave to CCP was his honest plan. perhaps something
- changed along the way, for database reasons / convenience / undercutters who might dump their stock
- onto SOMER for personal gain / whatever... what I'm trying to pointpoint (if there is one), is an event(s)
- or decision(s) that altered the original un-biased scope of SOMER's ETC purchase offer (from everyone to only those purchased from MD).
- justifiably or not.
- if it turns out the MD <-> ETC <-> SOMER thing was [i]always[/i] the plan, there are still possible, practical,
- understandable reasons why the source of the ETC needed verification. It's possible the arrangement with MD
- wasn't merely [i]a good o'l boy agreement[/i]--it could be a more significant business pact between MD and SOMER,
- all due to SOMER's altruistic ETC purchase deal.
- if SOMER declares himself an instant 110% ETC dumping point, it would look very appealing to ETC resellers who
- received their stock at wholesale prices... to use alts and redeem their ETC to SOMER, effectively netting a double
- profit with no middle-man (a player) ...albeit in ISK. 12xPLEX worth of ISK, after turning in a 10 pack of PLEX (5xETC)
- which were purchased from CCP for a reduced rate, perhaps 70% value
- that sounds to me like ISK created out of nothing, which = inflation.
- with this pact between SOMER and MD, MD could keep his prices high, knowing that SOMER customers have no choice but to pay it,
- because he is the only ETC re-seller endorsed by SOMER, and SOMER's plan to entice players to buy PLEX with ISK -works-.
- other ETC re-sellers can do whatever they want with their prices to out-compete each other, but doing so affects only
- their bottom line, not MD.
- When MD's prices are able to maintain healthy profitable resale prices due to his pact with SOMER, that leaves a healthy
- profit from his ETC sales. when the benefit is mutual (MD agrees to not redeem his own ETC to SOMER for the deal), and MD
- is grateful to SOMER for effectinvely 'niche'ing his store, perhaps a kickback is in order, as a matter of 'hey thanks for
- keeping my family fed and my bills paid, I wish I could do something for you, but I'm afraid of awakening the pitchfork regiment--what can I do to repay you
- for the market stability you provide me?
- ISK? ETC? PLEX? something to balance the books in this arragnement .. what do you think?
- ==========================================================
- [quote=Steve Ronuken]
- Becoming a Markee Dragon affiliate isn't a hard thing. There were likely further negotiations, because of volume.
- http://store.markeedragon.com/affiliate/signupform.php
- As for the rest:
- Why would an Plex code seller (no ETCs any more) want to convert plex to ISK? That's spending real money, and getting
- virtual money which they can't use to buy more plex codes? This isn't one or two plex. This is hundreds.
- They don't sell plex. They sell codes which can become plex. Plex are useless to them.
- Also, the moment that you would allow someone to cycle plex to isk, at a higher than market rate, without any other
- limitation, you open yourself up to someone buying plex with isk, selling to you for more isk, buying plex with some
- of that isk, then repeating. So it was always going to be tied to a reseller.
- ==========================
- [Quote=Rain6637]
- There are things that can be done with easily harvesed ISK. it's an odd process, that starts with a ETC reseller, but
- with those kinds of margins, it would be tempting to figure out some way to realize financial gain.
- the first assumption is SOMER's motivation was wanting to help CCP's business. I can buy that. What that causes also,
- is a scenario where ETC sellers can compete with each other by driving prices down, which sucks.
- still assuming the ETC deal is open to all, ETC sellers are devaluing an item whose ISK value is stable. also smells
- like inflation there.
- after alignging with MD, SOMER has avoided the inflation that would come from motivated sellers of ETC, -and- MD is
- exempt from playing price games with the non-SOMER affiliated. Somer's system guarantees MD will have customers who are
- willing to pay his price, which is secure, and good for the bottom line. helsp MD pay the bills and feed the family etc.
- and the question on my mind now, is, could there be another
- commodity or good that SOMER, MD, and CCP can agree is not
- a violation of EULA / TOS or in any way RMT? amazone cones,
- viza gift cards (to stay close to the real money aspect of things,
- but there are others... right?
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