Chapter 546 System Auction (6)
Chapter 546 System Auction (6)
The phase two of the auction continued without Rudra or Dronacharya placing a single bid.
Although Rudra was interested in a few items , his mood was completely ruined after the antics of VIP 3 , as he did not feel like spending any more money.
This was especially true when a beautiful sword made from red steel came to the auction , it was epic grade and had excellent practical skills inbuilt inside .
It was a good blade and Rudra would have usually bid for it , had he not overspent on the leaping skill. However because of that coupled with the fact that an epic grade sword was not going to cut it out for him anymore , he did not bid for the item.
Hence phase 2 of the auction was completed without much action for Rudra as he was a bystander for the most part except bidding for a couple of items.
However the moment the second phase of the auction was over , things really started to get serious.
" Ladies and gentlemen , with this exchange we enter the final phase of the three day auction . As the next phase will be the third and last phase of the event.
For the third phase , only those who are seated in the upper galleries and above shall be contesting for these items as the base price of the items shall exceed 1 million gold coins at the minimum and every increment shall be more than 100,000 gold coins ".
Everyone sucked in a breath of cold air at this announcement , as many in the lower births felt their hearts tremble at the ridiculous prices that were being thrown around soo casually.
A million gold could easily run their guilds for over a year or two , and still have more than 40% of that income left for reserve. However here just the base price of the cheapest items was more than 1 million gold . It just showed how high the difference was between them and those that seated in the upper gallery.
The fox announcer continued " The third phase will see a total of 20 items being placed for auction , with the items having NO BUYOUT price. The highest bidder wins.
The third phase will start in 8 hours time , and money refueling lines will remain open even during the bidding session for all those that participate in the final phase .
The gold conversion will remain stable at 500 dollars to 1 coin , even for the largest of volumes with only a 1% convenience fee charged.
While those at the lower seating areas cannot participate in the last event , they are more than welcome to stay back and spectate the auction .
The 8 hour break will see even more entertainment and mini shows taking place , so please stayback and enjoy! "
Chatters broke out all over the arena , as people contemplated on wether they should stay and watch the auction or go away and not waste their time.
On one side , just spectating the auction was a complete waste of time , however on the other side , getting to watch extraordinary items and the intense multi billion dollar bidding frenzy for those items was an adrenaline rush of its own kind.
Hence even if they could not participate , over 70% of the crowd chose to stayback and watch the auction , as now they enjoyed the eight hour break with all their hearts , with having nothing more to bid for.
Rudra and the others who were participating however felt the pressure of the event starting to mount on them.
Rudra knew for sure that the manner in which the auction was proceeding was designed to pit the biggest competitors against each other for every item and hence get the maximum price for each item in the process.
He had no doubt in his mind that everyone in the VIP room and the VIP rooms had the capability of dishing out a few billion dollars like it was nothing.
Which meant that although the starting bid price was 1 million gold . It would be rare to see any item being sold under 50 million gold coins.
There were only 20 items and atleast 68 upper class bidders , and over 200 gallery bidders which made the competition for every item extremely intense.
If any party walked away with more than 1 item from this phase of the auction , then it would be a testimony to their capability , as otherwise it was a mad dog eat dog auction , designed to make those with insane amounts of wealth , bleed money for crazy overvalued items.
Amelia asked Rudra " I understand that you are a very stable guy , and that's why even though you are completely useless at management , i respect you as my guild leader.
However just for a confirmation , you have your head in the right place right?
You have the clear idea about guilds finances , and how the money you are spending here can be used for many useful infrastructure projects to boost economy.
Just think about what you are buying and at what cost, okay? ".
Rudra nodded as he calmed down , Amelia was right . Even though he was rich and had the means to buy items in this auction , did not mean that he could spend such ridiculous amounts of money without care.
There are a lot of projects pending at the elites headquarters that need a lot of money to be set in motion.
Since every increment in bid price was potentially billions of dollars , Rudra had to think thrice before placing a bid.
This was no game , it was an extremely high stakes auction!
/// Special shoutout to Magnum932 for gifting 3 magic castles back to back at once. This just made my day big time .
I feel incredibly motivated and focused , as this is exactly how I wanted to start this month.
However I cannot help but notice the clever use of gifting me thrice to squeeze out maximum bonus chapters.
Nonetheless , the rule still stands , since there are 3 magic castles. 3 bonus chapters will follow soon ! :slightly_smiling_face:///