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Diablo 3's real-money auction house now trading

Blizzard announced today that they have officially launched the real-money auction house (RMAH) on Battle.net. The service will allow Diablo 3 players to buy and sell in-game items will their own hard earned currency. 

The RMAH has been the subject of much controversy among the Diablo fan base with criticisms alleging the service amounts to a pay-to-win strategy for Diablo 3. Other criticisms have said that the service is too vulnerable to account theft, a criticism that Blizzard addressed yesterday with the announcement that all RMAH users would need to verify their accounts with an authenticator.

The RMAH has been delayed several times amid a rocky launch for the much-anticipated Diablo 3 which launched back in May. Even now it's running into issues, with problems buying and selling money and abundant errors.

After messing around with it a bit, we're also skeptical as to what effects it will have on the regular economy. The default price for selling gold is 400k for $1, which has the potential to completely cripple the in-game auction house by allowing anyone with a few dollars to be a millionaire, which will likely raise prices across the board. We'll be experimenting with it for the next two weeks to see if this doomsday scenario actually comes true, so be sure to check back for frequent updates.

4 comments

  • zombi3grim - June 13, 2012 8:06 a.m.

    Everyone I chat with in general chat says they hardly use it. I hardly use it. Its a waste of time.
  • jmcgrotty - June 13, 2012 2:30 a.m.

    Doesn't happen often, but in this case, I am encouraging the hackers to go all out and try to compromise it. The whole idea of the auction house just disgusts me, and it's embarrassing to think of anyone actually buying anything there. I don't fault the sellers, but the buyers need to be shot. Literally.
  • zombi3grim - June 12, 2012 9:45 p.m.

    Meh, I never use the auction house anyway. And from people that I've talked to in the game, most dont use it either. Diablo 3 is mostly single player. So..no one cares if you spend real money to buy something epic to cruise through the game with. Your only cheating yourself by not getting it the old fashioned way...finding it.
  • MrSprinklez - June 13, 2012 12:29 a.m.

    I don't know who you've been talking to on Diablo, but everybody is using the auction house. 400k for one dollar is pricier than I was expecting. I figured a million gold would go for a dollar.

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