New World Economy Update Q1 2024

 The New World team gave their quarterly economy update for the game and addressed concerns from the community as well as provided insight on how they arrived at their last update.  Watch below and scroll down for my thoughts!

 The team did a good job covering what they look for in the economy and this time brought charts to go with it.  In the last economy update there was more talk than visuals and the first video was shot well before it went live so the economy had shifted a good bit and thus felt like the developers knew what they were talking about.  Most of those concerns are gone for this video; it was up to date to the current state and again brought visual aids.

 The main core of the economy discussion was focused on the fluctuation of the economy between "sink" (more gold going out) and "faucet" (more gold coming in).  This of course is a discussion as old as time within MMORPGs.  The term "gold sink" entered the gamer lexicon to describe ways for developers to remove in-game currency from games. It is refreshing to see a developer actually show where a game is at in regards to sinks and faucets.

 The ideal state, one would think, would be to be right in-between a sink and a faucet where as much gold that comes into the economy goes right back out.  However, that is not realistic.  Players come and go with online games and thus their liquid currency sits in stasis for when they come back.  It was not clear from the New World video if they account of inactive players in the "sink".

 Also an economy at equilibrium is... well... boring.  Fluctuations between times where the economy is flush with currency and times when currency is hard to come by creates opportunity for those of us that like to "play the market".  It also drives in game behavior and the types of content players engage in.

 To me its less about where the economy is at and more that the developers are reacting to it and that is what this update cemented for me: AGS uses the economy and data behind it in making decisions.  We can debate if they are the right changes or if the changes are released in a timely fashion, but the important piece is the economy is a driving factor for the team.  For me that is a win.