Imagine a hyper-realistic fantasy world; the terrain, the weather, the landscape, and even the air are so similar to real life you can almost feel the breeze. But what is missing in this picture? The people you will meet, those individuals interconnected with each other, and the reality around them; that’s where the most exciting interactions begin. This past week, users gave life to polemic discussions and witnessed the rise of the political sphere in Lootverse.
Parliamentarians Meant Business
Here’s a brief context for those who missed this electrifying chain of events. It all started on April 15th (2022) on the Parliamentary Floor on Discord. Councilor @kellz116 began questioning one of the Lootian licensees (Aya Curators) led by cabinet member @ishant. In his Private Notice Question (PNQ), this entity was pumping the prices of NFTs listed in the Arena’s auction game. For context, Aya Curator’s sister business also manages Lootnance, the Lootian exchange. @kellz116 continued, “How can we know that Aya Trades isn’t front-running Lootnance Ticket sales for its accounts or other accounts? How can we know that Aya isn’t evading Levy? How can we know that Aya Trades isn’t extending these market manipulation opportunities to other accounts? Answer: we cannot.”
The provocation was heard loud and clear, and the answer came from @Ishant, who clarified that Type P owners are allowed to be miners and portal operators. He also said, “Evading the Levy would result in a revocation of our license. Exchange license holders are accountable to the government. As for front running, why would we even open an exchange to everyone in the first place, then? We could have used Lootnance as a private exchange and sold only our Tickets and our allies’ Tickets. But that is not the goal of Lootnance. We never ever prevented a Lootizen from fairly selling their Tickets. We want to help all miners participate in the rewards of mining.”
But this reaction didn’t end the topic; instead, it sparked an even more heated debate that lasted five more days and is still reverberating in the halls of the Lootian Parliament.
Everyone Has Their Time to Speak
One by one, the members of the Lootian Parliament joined the discussion—each of them with their own opinion and level of criticism. Hon. Cabinet Member @driftwood said, “Is it strategic to bid your auction when it’s already amassed 10,000 credits? Greedy, more like it.” And Hon. Upper House Member, @DigiDrip, invited the other members to join the talk, saying, “I’d like to hear more thoughts from Parliamentarians and if they share the same concerns.”
The conversation became more combative when @Ishant commented, “If you guys are worried about front-running, just use OTC.” This response didn’t make the parliamentarians any happier. The Hon. Cabinet Member, @DaWiz, said, “That’s a curious response,” and shared the following on the floor.
Is This a New Time for The Arena?
The debate had prolonged for three days when the Hon. Cabinet Member, @Ferrory, said: “The Arena will all take a back seat soon. The main layers, businesses, games, experiences… that will be the focus for new people.” Then, Councilor @Br_wnS_g_r pointed out: “Still throwing popcorn from the backseats doesn’t change anything. Bidding for your listings – automated (or not) intending to win them – doesn’t make sense. Just buy it from the creator. No need to push it through Loot Arena. Supporting the listing with upfront bidding to establish a floor is good enough, in my opinion.” The fire kept burning high on the Parliament Floor and culminated with @Ferrory proposing the following motion, giving the members 48 hours to vote on the item.
The Motion
The Lootverse Gazette spoke to @Ferrory, who commented: “The motion that I put up in there was accumulating information from a bunch of people, and I believe our group represents a much larger group than Ishant or other curators, or at least Ishant is saying that we are a tiny group of people who are complaining about this when this has been going on for a long time. I do think it’s ok for curators to bid on the auctions. I think it’s healthy for the community and to help set a floor for the auctions themselves, but it needs to be done in a way when it’s not shill bidding, which is essentially manipulating the market itself.”
@kellz116 also spoke to the Lootverse Gazette and said: “My opinion on this matter for motion A) I believe shill bidding should be forbidden. However, this is hard to prove that a curator is doing this. However, judging by the shilling Aya Trades does in the Lootverse Telegram channel; one could be concerned. On Motion B), I believe curators should be held to the same standard as the core team members. Currently, curators have a lot of power; giving them the option to drive the price up of their auctions to have a higher payday seems unethical.”
Different Opinions
The discussions continued on Discord. While some parliamentarians supported the motion, others started to question the matter. The Hon. Cabinet Member @dk10 said: “I think the debate is ok. But I don’t believe revoking a P plot is in our power. Like, can the government revoke ownership of land in general? Can we turn tyrannical? Can we ban accounts?” Later, @Ishant said: “Everyone who has not, you should probably spend some time reading the documentation of the Parliament and understand its rights and limitations before discussing motions and putting motions forward. That will help us all better operate this parliamentary floor.”
The immediate response came from @Ferrory, who said: “There are many things you can do to improve yourself and how the government and the Lootverse citizens view you.” The argument continued dividing opinions on the Parliament Floor for the rest of the day. Finally, at the end of this hectic week, @jamesduchenne, CEO of ThemeWorlder and Hon. Cabinet Member spoke to all Parliament members.
Governing The World
Parliamentarians are still discussing their political preferences and paving the path to a realistic political scene in Lootverse. Conversations between all parties have taken place to promote this world’s progress and establish a healthy and safe environment for all users. This April 2022 has presented itself as a milestone in the history of politics and internal affairs in the Lootian State.
Talking to The Lootverse Gazette, @Ishant said: “We take feedback constructively and grow. We can’t experience fast innovation without hurdles along the way. We hear the wishes of all users and will try even harder to serve their needs to the best of our abilities.” @kellz116 also commented to the Lootverse Gazette: “I believe the role of the government is to express concerns and talk about it to better the Lootverse as a whole. I think the government will be a key part of how the Lootverse will form shortly.”
Stay tuned to read more about the events and movements around Lootian Politics!
