Tagvillage update - the Bazaar has been launched.

Wow I really haven't been here in a while, have I? Maybe I should post more updates like in the old days, what do you think? Hmm..

Anyway,

Tagvillage finally launched the Bazaar last week. Currently, only the Tag Bazaar is operational. They say the Item Bazaar is due to launch very very soon. I hope that's true because the Item Bazaar is pretty much what everyone has been holding their breath for..

But yeah, the Item Bazaar has been live for about a week and Tagvillage has been monitoring it closely. So closely that the already have a bunch of changes and improvements that they will introduce very soon! This is what they had to say in the latest update:

1. Auctions Page Sorting
We are going to change the auctions list page into a sortable list. We are adding buttons at the top of the page. These buttons will say "Live", "Pending", and "Ended". If you click the "Live" button, you will only see the auctions that are live and taking bids. If you click the "Pending" button, you will only see the auctions that are upcoming. If you click the "Ended" button you will see the auctions that have cancelled, sold, or closed from the Buy It Now feature.

2. Limited Live Auctions
We are going to set a limit to the number of live auctions at one time. We will start with a low number and increase with time as our membership grows and activity within the Bazaar grows. Therefore, members will only have a limited number of Tags to bid on at one time.

3. Pending Auctions Queue
We are going to make a page called "Pending Auctions". On this page, all upcoming auctions will be announced. There will no longer be a "Starting Time" counter. Instead, each Tag will be placed into a queue on a first-come first-served basis. When a live auction ends, the next auction in line will begin.

4. Limited Number of Tag Auctions Per Member
We are going to set a limit on the number of Tags a member may place into the Bazaar at one time. This number will start low and increase as our membership grows and activity within the Bazaar grows.

5. Name Your Own Reserve Price
We are going to add an option for members to name their own Reserve Price. For example, you may have a Tag for over 200.00 Credits and you want to sell it. You may decide you would take less than 200.00 Credits for the Tag. So, we are going to allow you to name your own Reserve Price point.

6. No Reserve Price Auctions
Some members may wish to take a chance by running a Tag with no Reserve Price. We are introducing a new type of auction to the Tag Bazaar. If you wish, you can place a Tag into the Bazaar with NO RESERVE PRICE! In this case, the Tag will begin in the 30 second count-down stage and will continue until the timer reaches zero. We will still limit the number of timer resets, but it will be controlled by a different formula that respects the sellers and the bidders.

7. Feature Tag Auctions
We will announce a special Feature Tag Auction into the Bazaar. This auction will begin in the 30 second count-down stage and will continue until the timer reaches zero. There will be a reduced limit on the number of timer resets that will make these Tags very desirable.

There you have it; expect those updates to go live in the Tagvillage Bazaar soon.