GW2 Currency | Gold, Karma, Gems and Microtransactions

Gold is the common in-game currency in Guild Wars 2. Silver and copper are a lesser-valued subset of gold. As well as gold there are three other currencies that players will become familiar with; Glory, Karma and Gems.

In PvP, players earn a currency called Glory, which can be used to buy cosmetic upgrades.

PvE players earn Karma in-game and they can use it to buy unique rewards from Karma vendors. Karma cannot be traded between players.

The third and potentially most controversial currency is Gems. Guild Wars 2 currency, economy and microtransactions.

Gems are bought for REAL money and can be used in the game's cash shop for microtransactions. At the Trading Post, which is like an auction house but better, GW2 players can trade items such as gems for gold and vice versa. You can trade gold to get gems which you can then use to buy things in the cash-shop.

The in-game gem price will fluctuate based on player supply and demand. The system allows for gradual changes in prices relative to the changes in demand for each currency.
Mike O'Brien explains ArenaNet's philosophy on gems and microtransactions...

"We have a new player-driven market that allows players to trade gold for gems and gems for gold. If you want something, whether it's an in-game item or a microtransaction, you can play to earn gold or you can use real money to buy gems. We think that's important, because it lets more players participate on a level playing field, whether they use their free time or their disposable income to do it.

If a player buys gold from another player, he gets the gold he wants, the selling player gets gems she can use for microtransactions, and ArenaNet generates revenue from the sale of gems that we can use to keep supporting and updating the game. Everyone wins."

The video below is from the April 2012 beta and shows the various Guild Wars 2 cash shop and trading post options.

The system is similar to EVE Online's PLEX system, as it takes gold trading out of the hands of real-money trading companies and puts it directly in the hands of players. These companies and their in-game ads spamming "Buy Guild Wars 2 Gold", account hacking and gold farming bot networks are the losers from this action by ArenaNet.

Best of all, this doesn't give players who spend money an unfair advantage over players who spend time.

The Guild Wars 2 Blog Krewe think that's a great thing!

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