Chapter 482 The Demise of Red Iron Town

Shi Feng couldn't help but rejoice when he heard Melancholic Smile's report.

He had been waiting for this moment for a long time.

"Good! Have the arena's high-level NPCs immediately take over the management of the auction house. Then, open the auction house and announce to the public that our auction house will only charge a 1% handling fee. As long as you become a member of the Zero Wing Auction House, you can enjoy a waiver of handling fees for five items consigned each day. To become a member, you only need to pay 10 Magic Crystals once," Shi Feng said with a faint smile. "It's time to let Red Iron Town be eliminated."

"Guild Leader, isn't this a bit too ruthless..." Melancholic Smile clicked her tongue slightly.

Auction houses in NPC cities generally charge handling fees of 15% or more, while royal cities charge 20% or more. They could be said to be very exploitative. Red Iron Town, for example, charged a handling fee of 10%. Don't underestimate that 5% difference; if you were selling an item for 1 gold, you would earn five more silver coins. Generally, items taken to the auction house weren't cheap, so a 5% reduction in the handling fee saved a lot of money.

In addition, the free opening of Red Iron Town's mines had attracted many players, so many players went to Red Iron Town to sell items, making Red Iron Town extremely popular.

Now, they only charged a 1% handling fee. Just maintaining the auction house would be good enough. After all, the number of players in a small town was limited, and the number of items that could be sold each day was very limited. Moreover, the auction house itself was a large building, which usually required hundreds of NPCs to manage, not to mention a high-level building like a high-level auction house, which required even more managing NPCs.

Although this could crush Red Iron Town, it also meant that the Zero Wing Guild wouldn't make any money...

"It's okay, just do it," Shi Feng said with a smile, not explaining too much. He also took out a Guild Return Scroll from his bag and teleported directly back to the Stone Forest Town's Guild Residence.

In God's Domain, the auction house was always the most profitable for any Guild Town. Even the once-popular arena in God's Domain couldn't compare to the revenue generated by the auction house.

This was why all major forces, and even many independent players, believed that the Underworld Guild would catch up with the Zero Wing Guild in the future. After all, financial resources and resources were the foundation of a guild. Without financial resources and massive resources, the guild simply couldn't develop.

A handling fee of only 1% seemed extremely low. With the number of players in Stone Forest Town, just breaking even would be good enough. However, Zero Wing didn't only have Stone Forest Town; they also had a small city that was about to be built. The number of players at that time would be very considerable, and it would also attract more players to the new city. The revenue would naturally be higher at that time. Moreover, as more and more auction houses appeared in the Guild Town, the handling fees charged by guilds would become lower and lower in order to increase competitiveness. He was just doing it ahead of time.

He could play like this, but the Underworld Guild's Red Iron Town couldn't afford it. This would be a devastating blow to Red Iron Town's auction house, a completely win-win situation.

"I understand," Melancholic Smile said, then hung up the communication and shook her head with a wry smile. If the Underworld Guild found out about this news, they would probably cry.

In the Red Iron Town's auction house, Mist Cloud directly announced the Underworld Auction House's new regulations in public. The original 10% handling fee was directly adjusted to only 5%, immediately causing a commotion among all the players in the auction house.

"The Underworld Guild is so generous! They reduced the handling fee by half at once. It seems they want to put pressure on the Zero Wing Guild."

"Hahaha, I came at the right time. Now I can earn a few more silver coins."

"This is too cheap. Even if players from other cities outside Star-Moon City teleport here to sell items, if the value of the items sold is high enough, they can probably make a small profit."

"Is this the rhythm of Red Iron Town's rise?"

...

The players in the auction house were shocked by the Underworld Guild's crazy move when they heard the news.

The news also reached the ears of the major forces in the Star-Moon Kingdom as soon as possible.

"Is Underworld crazy? Aren't they afraid of not making money by doing this?"

"It seems that the Zero Wing Guild really angered the Underworld Guild before. Although the Underworld Guild won't make much money by doing this, the number of players who go to Red Iron Town will definitely be terrifying in the future, and it won't be a problem to even exceed the number of players in Stone Forest Town. I'm afraid the Zero Wing Guild's title of the number one town will soon be taken away by the Underworld Guild."

"Hahaha, the Zero Wing Guild is probably in trouble now. The Underworld Guild actually played this trick before the auction starts. There will definitely be fewer players willing to go to Stone Forest Town to buy private residences and shops at that time. I'm afraid the Zero Wing Guild will be driven mad."

The major forces were secretly surprised by the Underworld Guild's crazy move, but they were also happy to see it happen.

Currently, the players who go to Red Iron Town to sell items are mainly players who live in Star-Moon City. If players from other cities come, the teleportation fee between cities is a considerable expense. Now that the handling fee has been reduced by half, it can just make up for the city teleportation fee. At that time, a large number of players from other NPC cities will definitely come. Exceeding Stone Forest Town is only a matter of time.

For a time, independent players and adventurer teams in major NPC cities in the Star-Moon Kingdom who received the news were also tempted. They all began to sort out their items and prepared to go to Star-Moon City.

Because of the spread of the news, the Red Iron Town's auction house directly allowed some players who originally planned to sell items in the Star-Moon Auction House to come to the Underworld Auction House through Eternal Night City. In less than half an hour, the number of players in Red Iron Town increased by 50,000, only 100,000 away from the number of players in Stone Forest Town.

"Sister Mist Cloud, the rare items that the Guild Leader asked us to bring over have already been brought over. According to the information we received, many merchant players from Stone Forest Town have already left Stone Forest Town. They seem to be coming to Red Iron Town," reported a female assassin around level 30.

"Okay, put them all in the auction house and sell them in batches. I want to see if anyone will buy the private residences and shops sold in Stone Forest Town after that," Mist Cloud said with a smile, nodding.

Although their Underworld Guild couldn't make much money, it was enough to attract a large number of merchant players to come here.

In front of the high-level auction house in Stone Forest Town, the huge building of the auction house attracted the curiosity of many players.

"This building is so big, it's almost like the arena. Is Stone Forest Town going to open another arena?"

"It shouldn't be possible. The arena building is limited to only one. If we could build two, it would be easier for us to rent battle rooms in the future. We wouldn't have to queue for several hours like we do now..."

"Look, the magic barrier that was blocking it is starting to disappear!"

Just as some passing players were discussing this, the huge magic barrier that enveloped the entire high-level auction house shattered inch by inch, revealing the true appearance hidden inside.

A magnificent building comparable to the size of the arena was immediately presented in front of everyone.

On the main entrance of this magnificent building were engraved a few distinct characters.

Zero Wing Auction House!