Global Catastrophe: I Begin to Evolve from an Ancient Tree-Chapter 358: Trading Platform

Cultivator Trading Platform!

Gu Qingyang’s lips curled into a smile.

He just wanted to say to Tao Feng, "Kid, you have a bright future."

A person’s energy is ultimately limited. Gu Qingyang spent most of it observing various sides, secretly watching the growth of other believers. The updates on the Divine Kingdom chat group were also inspired by these believers.

For example, the previous image chatting, and the latest positioning system.

And now.

Tao Feng’s words completely enlightened Gu Qingyang.

He could totally introduce a trading function to the Divine Kingdom chat group.

"By introducing a trading function, believers can trade among themselves. I only need to take a small commission from it. In this way, the circulation of contribution points among believers can greatly minimize the loss of faith power!"

Gu Qingyang pondered silently.

Every item in the Divine Kingdom’s store is something he derived using faith power.

In other words.

Every time a believer redeems something, it represents a loss of some faith power for Gu Qingyang himself. Although the growth of faith power is much faster than its consumption, that consumption is still real.

However, if a trading function is introduced, believers could trade among themselves, and the Divine Kingdom could take the appropriate commission, thereby greatly recovering contribution points and thus reducing the consumption of divine power.

However—

How to determine the commission is also a problem.

After all, if the commission is too high, it might make private trades among believers somewhat unprofitable.

Shortly after.

Gu Qingyang had everything thoroughly studied.

Immediately.

The Divine Kingdom announcement was updated once more.

...

"From today, a new trading interface is added to the Divine Kingdom chat group. All cultivators can list items for trading themselves. Each transaction will incur a one percent commission by the Divine Kingdom chat group, with a minimum of ten contribution points, and a maximum capping at one million contribution points!"

"From today, a new auction function is added to the Divine Kingdom chat group. All cultivators can list items for auction or participate in auctions. Upon a successful auction, the Divine Kingdom chat group will collect a one percent commission, with a minimum collection of ten thousand contribution points!"

"Note: For all items traded or auctioned, the Divine Kingdom chat group ensures their authenticity. In case of fraud, ten times the contribution points will be compensated!"

...

The issuance of this Divine Kingdom announcement immediately stirred up stormy waves.

The group at Snow Mountain Sanctuary discussing which buyers to select all turned their gaze towards Tao Feng upon hearing the Divine Kingdom chat group’s announcement.

"You wouldn’t happen to have some connection with the Divine Emperor, would you?"

"Elder Tao, if there was any offense or disrespect in the past, I hope you can be magnanimous and not hold it against us."

"Exactly, exactly..."

At this moment, the elders of the Snow Mountain Sanctuary were all amazed beyond words.

Tao Feng had just mentioned the matter of the Divine Kingdom chat group introducing a trading function, and soon after, the Divine Kingdom chat group directly added a trading function, along with an auction function.

In this regard.

Tao Feng could only smile wryly, "I can only say it’s all too coincidental."

The others chuckled lightly at this.

Shen Xue said, "Alright, the appearance of the trading function and auction function is timely. We can now use the auction function to observe market prices, and then decide on specific pricing."

Nobody opposed this suggestion.

Immediately.

Shen Xue opened the auction interface, seeing that there were already many items up for auction, but all the auctioned items counted as valuable things.

After all, with a minimum commission of ten thousand contribution points, it was enough to filter out many ordinary auction items. 𝓯𝙧𝙚𝒆𝙬𝙚𝒃𝙣𝙤𝒗𝓮𝓵.𝙘𝙤𝙢

Considering if an item wasn’t worth at least a hundred thousand contribution points, participating in the auction would undoubtedly be fruitless labor, entirely for paying the Divine Kingdom chat group’s commission.

Subsequently.

Shen Xue directly listed a pound of seventh-grade Fierce Beast flesh on the auction block.

Among the auction options, there were a few choices.

One was a preheat auction, where a preheat time is set to attract enough people in the early stage, and the auction starts at the scheduled time; the other is an immediate auction, skipping the preheat altogether.

Without thinking twice, Shen Xue directly chose the latter option.

Since the auction function had just been introduced, making it extremely popular, there was no need for any preheating; just putting the item up directly was enough.

As expected.

At the moment the seventh-grade Fierce Beast flesh was listed for auction, the price skyrocketed. From a starting bid of one point, it soared above ten thousand contribution points in no time.

Regarding the auction time, Shen Xue didn’t set it too long, merely half an hour.

However.

After half an hour, the auction didn’t end.

This was due to another function of the auction: within the last five minutes of the latest bid, if anyone bids, the time automatically extends until no one places a bid.

One hour later.

The auction concluded.

Shen Xue was smiling uncontrollably looking at the one hundred and fifty thousand contribution points received.

One hundred and fifty thousand contribution points.

After deducting the ten thousand point commission, she still retained one hundred and forty thousand contribution points.

This far exceeded the estimated one hundred thousand contribution points.

However.

Shen Xue also understood that the reason for such a situation was that the auction function had just appeared, leading many to find it novel, hence the first auction prices tended to be inflated.

Once the auction’s popularity declined, prices would naturally fall back down.

However, this also indicated that pricing the flesh at ten million contribution points per pound was essentially on point.

"This auction fetched one hundred and fifty thousand and paid a ten thousand contribution fee, yielding one hundred and forty thousand contributions, but considering the high interest due to the introduction of the auction function, the auction items were inevitably overpriced as well.

However, this overpricing won’t last long, so all remaining Fierce Beast flesh and other items should just be listed on the trading platform!"

Shen Xue declared.

After all, the auction house’s commission is quite steep, with a baseline of ten thousand contribution points and no upper limit.

In comparison.

The trading platform’s commission is much lower.

Having understood this, Shen Xue then listed the Fierce Beast flesh on the trading platform.

This time.

She didn’t list it pound by pound but directly for ten thousand pounds at once.

Ten thousand pounds of Fierce Beast flesh equates to ten billion contribution points.

If a one percent commission were charged, it would amount to ten million contribution points, but due to the trading platform’s cap, Snow Mountain Sanctuary only needed to pay a one million contribution point commission.

This approach saves a lot of contribution points compared to selling it pound by pound.

However.

The downside is also apparent.

Ten billion contribution points isn’t something just anyone can shell out; only some major powers have the purchasing capacity, effectively ruling out the notion for ordinary cultivators.

Similarly.

The sales pace will also correspondingly slow down a bit.

But Shen Xue wasn’t in a hurry with this scenario; selling slowly was fine, as long as she could earn a little more.

Taking a step backward.

If it really couldn’t be sold later, then breaking it down and selling it pound by pound wouldn’t be a problem.