OurWorld Updates: Marketplace Fee Change

OurWorld has altered its coin fee structure for the Marketplace.  Previously the rate was 12% of the asking price of an item.  Now, it’s a bit more complex:

  • Under 1 million coins, the fee is 8%.
  • From 1 million to 5 million the fee increases by 100k per 1 million coins.
  • From 5 million to 10 million the fee increases by 120k per 1 million coins.
  • Over 10 million, the fee increases 150k per 1 million coins.

What this means to you:  If you sell an item for 14 million or less, your marketplace fee will be less than it was previously.  If you sell for over 14 million, your marketplace fee will increase.  However, the rate never goes above 15%.

Courtesy of Happa, the chart below demonstrates the gradual increase in sales fee percentage.  Thanks to Happa for his exquisite math and charting skills!

 

If you are wondering what sort of percent market fee OurWorld will be taking with the new fee structure, here are some examples:

  • 1 million or less – 8%
  • 2 million – 9%
  • 6 million – 10%
  • 10.5 million – 11%
  • 14 million – 12%
  • 21 million – 13%
  • 42 million – 14%
  • 999 million (the max coins allowed) – 15%

The fees will also be assessed on coins paid in trades.

Hope you find this information useful.  Happy selling!

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  • xClumsy

    Ugh. I was just trying to figure this out.
    Does anyone know how to do the math? x___x

  • Sapphire_Tears

    -blinks-

    whoaaaa I am SO bad at math

    yew guys look like yew kno wat ur doing

    ………………….…………………

    frm my point of view #^-^#

    • http://---- Dream Cream

      IKR Glitz u must be a genius in math, because I always get above 97% in math and I can’t understand a word ur saying

  • Sapphire_Tears

    ………. my gawd how’d yew ppls come up with that?

    my brain hurts :P

    I will never eva b a math person lolz ;)

  • UT Gloomy

    heres a great idea, NO SALES FEE :)

    • Raz101andTrains

      Agree

  • Dm Correct

    wat item would be worth 999 mil??

    • UT Gloomy

      spooky mask in red worth 999+mil

  • http://www.ourgemcodes.com Calvyn

    i get the mrket place thing

  • TC Dark Side

    for the Vegas outfit see the ogc forums by fallen

  • http://Disqus.com Mikaylaa Δ †

    I want Disqus back D: ♥

    • http://www.ourgemcodes.com Glitz

      Me too

      -hits imaginary like button on this post-

      • Ayatshah

        Yh I m rally gd at Mathis so it’s easy for meh I get A+ grade in Mathis – 98% out of 100% yh uh ha ;)

      • Raz101❤trains

        Glitz i have noticed.
        You comment a lot now. more than most authors. I like that xD

  • http://xmomo55.deviantart.com/ Master0fPuppets

    Math…. math everywhere o_o

  • Unknown

    Can you explain the chart? I dont get it >_<

    • Glitz

      The chart shows that the rate starts at 8% and goes up gradually to no more than 15% based on sales price. Hope that helps.

  • ImWeiird

    another math class -.-

    lol

    • Glitz

      Math you will need all your life so pay attention…unless you want to carry around Happa with you all day to do the math for you!

      • Guest

        I’d be more than happy to carry Happa around with me all day !

  • Freddy

    If you trade coins, do you still get taxed?

    • http://www.ourgemcodes.com happa

      yes

  • BoxOfNothing

    Great, once again, ourworld is taking our coins.

    • Glitz

      For the majority of people selling, the fee will be lower. It’s only more on the larger ticket items. This is necessary to balance out the coins. Call it inflation if you will.

  • B0B THE BUILDER

    I have the ‘rockin’ guitar on your back.If you wanted to sell it, it was 42,000 and now its only 2,000. :(

  • iMicaCsi

    Man i understand this, but I’d be too lazy to all that math >.>

    • Glitz

      Haha it’s ok, we did the math for ya :D

  • Black Cat

    It’s a function…
    Of course, with all the inflation on OW these changes are definitely necessary. The amount of coins floating around OW has skyrocketed.
    I have been graphing MP sale prices for a while and they make a similar curve. The curve dips a bit when popular items go up on Zoe’s, but the pattern remains basically the same.

    • Glitz

      Exactly right.

  • http://Disqus.com Mikaylaa Δ †

    I don’t understand… :/

    • http://www.ourgemcodes.com happa

      what don’t you understand?

      • http://disqus.com Sampi

        Even I cant understand. Cuz its related to maths.

        but boy your are smart! :D
        Nice chart. :3

        • Glitz

          His chart is mad impressive :D

        • Raz101andTrains

          Agreed
          Brain hurts

      • http://Disqus.com Mikaylaa Δ †

        I understand now (y)
        I had to read it like 4 times xD

    • Robot Lover

      Same :S

  • B0B THE BUILDER

    Thanks very helpful

    • Glitz

      You’re most welcome :)

  • MissMarie

    …..what…..

  • Obsessive

    Jan, thank you! Very, very helpful <333

    • Glitz

      Most welcome, gurll <3

  • Rocketeer

    I saw Happa today at a trading event :3 I thought i knew him from somewhere!

    • http://www.ourgemcodes.com happa

      Hello :D

  • homo

    by the way who r those people? bail me out and lock me up my name is OUR ELITE CHUCKY

    • roger

      yeah and im brittnay6004

  • http://windstream Little Evilx3

    O.O woah..

  • homo

    my name is lock me up hi people friend me!!

  • roger

    im awesome so friend me my username is bail me out

  • http://www.ourgemcodes.com happa

    Awesome post Jan! Very informative!

    • Obsessive

      Chris. Teach me math.

      Begin.

      • http://disqus.com Sampi

        -Likes-

        Somehow C:

        • Raz101andTrains

          Math hurts
          My
          Brain
          Like
          It would hurt if you smashed a banana in your brain
          :-13525(/,$?8&?58′vdfsgh)

      • http://www.ourgemcodes.com happa

        1+1 is 3

    • Glitz

      Could not have done it without you. :D

      • Raz101❤trains

        Is your name jan?