notice
[Important] Notice of Revision and Adjustment of xGEEK and Marketplace Specifications
Sep 16
Notice of Review and Adjustment of xGEEK and Marketplace Specifications <font color="#dc143c"><b>[9/16 17:30 Update]</b></font> We have received various feedback, and in order to ensure that the changes have been properly communicated, we would like to add the following information. Additionally, if there is a need for reconsideration to avoid any misunderstandings, we are open to it. <b>Not all xGEEK obtained through discounted purchases will be converted to "lite."</b> During a discounted purchase, the amount equivalent to the regular price will be obtained as "Paid," and the bonus amount will be obtained as "lite" separately. In other words, only a portion (equivalent to the bonus) will be paid as "lite." <b>Only "lite" cannot be used in the marketplace.</b> "Paid" and "earn" can be used as before. The priority for consuming xGEEK is as follows: xGEEK (lite) → xGEEK (Paid) → xGEEK (earn) *Based on some feedback we received, we are adjusting to make it possible to purchase red-framed equipment with xGEEK (lite) as well. However, please note that this may not be ready in time for Ver1.8. <b>・"lite" can be used everywhere except the marketplace.</b> Since we usually do not separate the display, there is no need to be conscious of it. <div class="custom-line" style="height: 1px; background-color: white; border: none; margin: 20px 0;"></div> The development and operations team is currently conducting a final review of the in-game economy centered around xGEEK/GEEK, as the listing date for GEEK has been confirmed. During this process, we have identified one area that could potentially be used in an unintended manner. While we plan to address this through a specification change in an upcoming update, we would like to explain the background, the issue, and our future response in this announcement. ■ Background After GEEK is listed, "xGEEK(earn)" will become exchangeable for GEEK. The exchanged GEEK can then be traded on exchanges, converted to other currencies, or used to purchase xGEEK. Please note that only "xGEEK(earn)" is eligible for this exchange. ■ Issue Within the game, xGEEK is sold at a significant discount, such as through piggy banks and season passes, to enhance the gaming experience. These xGEEK are displayed as "xGEEK(paid)" on the account details screen and are not intended to be exchangeable for GEEK. However, by using the marketplace for self-trading, it is possible to exchange "xGEEK(paid)" for "xGEEK(earn)," albeit with a small fee. This is not the intended use from the development and operations team. However, under the current specifications, this exchange is possible. Consequently, this allows users to obtain GEEK at a much lower price than the exchange market price, which could lead to unintended selling pressure on GEEK. The extent of this impact is currently unknown, but we did not intend for xGEEK sold at a discount to be converted into GEEK and sold on exchanges. ■ Solution (xGEEK and Marketplace Specification Changes) To prevent this issue, we plan to implement the following specification changes for xGEEK and the marketplace: 1) Split discounted xGEEK into two types: "xGEEK(paid)" and "xGEEK(lite)" xGEEK(paid): The regular portion not subject to a discount xGEEK(lite): The additional portion obtained through the discount 2) Restrict the use of xGEEK(lite) in the marketplace Only "xGEEK(paid)" and "xGEEK(earn)" can be used in the marketplace. As a result, discounted xGEEK can no longer be converted into xGEEK(earn) through self-trading. ※ xGEEK(lite) can still be used like any other xGEEK in places outside the marketplace. ■ Implementation of Changes These changes will be applied starting from ver. 1.8. Piggy Banks: From ver. 1.8 onwards, the discounted portion will be changed to xGEEK(lite). Only the discounted portion purchased after ver. 1.8 will become unusable in the marketplace. Other Products: Internally, xGEEK(lite) has been used since the initial release. From ver. 1.8 onwards, past purchases will explicitly become xGEEK(lite), making them unusable for purchases in the marketplace. The amount of each type of xGEEK, including xGEEK(lite), can be checked under "Settings > Account." ■ In Closing Until the update is implemented and the changes take effect, xGEEK(paid) will continue to be sold as usual. We have explained the unintended usage scenarios to provide background understanding, but we kindly ask you to refrain from trying them. Please note that if self-trading, mutual transactions between specific accounts, or other suspicious activities related to this change are detected, we may take measures such as account suspension.