Chapter 190: Purchasing Redemption Points
After a day’s training, Xiao Lin went back with his nose and face practically swollen. On the way back, he encountered other people looking at him with surprised expressions. Although the training hall had an automatic treatment system, it still cost redemption points. Despite the extensive permission granted to Xiao Lin by the dean, treatment was not free and there were not even any discounts.
He had gained a basic understanding of the limit the dean set for him. The convenience that the dean could afford to give him was only to the extent of allowing him to better learn and improve his strength. The dean could not possibly give him everything in one go and spoil him through excessive enthusiasm. For example, the dean would never give him an array of powerful equipment for free. If he wanted them, he could only earn them by himself.
The monthly exam was approaching and Xiao Lin did not dare to whimsically waste his redemption points, especially when he did not have too many redemption points due to missing one monthly exam. He only had about 500 redemption points remaining, and those were from the earlier admission test and the first monthly exam.
After returning to his room, Xiao Lin took a very pleasant hot bath and lay on the bed, resting and thinking. He screamed all of a sudden and facepalmed before lamenting how stupid he was. He had nearly forgotten that he had plenty of New Dollars!
Professor Brown’s remuneration, plus the compensation Judge Academy gave later on, added up to a total of 15,600 New Dollars. The dean once asked him if he wanted to deposit them in a bank, but he refused for the time being because he took into account the possibility that he might need it at any time. If it was deposited in the bank and he wanted to withdraw them again, he would have to travel to and from Dawn Academy’s colony, which was a little troublesome.
The New Dollars and the redemption points were two completely different currencies. The former could be used in all the colonies of Planet Norma, while redemption points were the exclusive internal currency of Dawn Academy and were useless outside of it.
Because of the unequal value of the two currencies, Dawn Academy did not provide direct exchange methods for New Dollars and redemption points. For most junior students, the opportunity to earn New Dollars was very rare. Even if they had the chance to go to the New World and earn some extra money, New Dollars were much more important than redemption points.
However, Dawn Academy did not prohibit the students’ private transactions. Just as the stores were divided into official and personal items, the school did not prohibit students from managing their personal belongings as they saw fit.
Students in the junior years certainly needed more redemption points, while the seniors and graduate students would certainly care more about New Dollars.
Where there was a need, there was also a demand, and all the needs of Dawn Academy would be reflected on the trading website.
Xiao Lin quickly got up, switched on his computer, and clicked on the Taobao-like webpage in the trading area. He directly entered the words New Dollars in the search bar and, as expected, miles of transaction information were filtered out at once.
A cursory look showed that things were just as he expected. Almost all those posts were by fourth-year or graduate students–rarely third-years. The transaction information was either directly exchanged for New Dollars for redemption points or exchanged for various materials such as alchemical items, herbal medicine, or energy stones, and even Lifewater.
Few requested to exchange them for equipment. After all, the seniors were usually doing business with juniors, and lower-grade equipment was of no use to them. The only items that held the most value and were Lifewater and materials.
Although the transaction information was released, the price difference of those exchanges was not very big. It was roughly maintained at a level of about 1:1. It seemed that everyone had agreed on that, but there were the occasional exchange rates that were more favorable. Those who sold at low prices were relatively few and the deals probably went through only because they were in dire need of money.
That ratio seemed quite fair, but Xiao Lin had been to the New World and understood how the value of the New Dollars was higher than the currency circulating in the academy. Since the value was not equal, a 1:1 ratio was obviously a disadvantage.
“These seniors have probably set the exchange rate so low because they want to bully the juniors who haven’t been to the New World very much.”
Xiao Lin murmured and ignored all the transactions. He immediately posted his offer with his account. The post was very simple, carrying only a few sentences.
“Selling New Dollars. All kinds of equipment, props, Lifewater, redemption points and other trading methods are welcome. Drop a private message with your price if you’re in need of New Dollars!”
Xiao Lin deliberately did not mention the price because he noticed that the offers were all redemption points and there were none selling New Dollars. Evidently, redemption points had lost their value after senior students graduated.
After publishing the information, Xiao Lin went to dinner first. In fact, he was still a little nervous, since there were countless people publishing various offers in the trading area every day. The speed at which a new offer came out was unimaginable, and looking for his own post was equivalent to finding a needle in a haystack. Even if someone wanted to sell something, it might take a long time for others to find it. Xiao Lin did not know if he could make it in time for the monthly exam.
However, Xiao Lin had clearly underestimated the demand for New Dollars among senior students. After he returned and opened the forum, nearly a hundred message requests popped up in an instant and practically shocked him senseless.
A brief message was attached, but only a small portion included their price. Most of it were either requests for more information or questions on how many New Dollars he actually had with him.
There were too many messages and Xiao Lin could not respond to each one personally. After comparing those prices, he had a rough idea of the value and immediately revised his offer post.
“The exchange rate is set to one New Dollar to three redemption points. Items or equipment of the same value are accepted. Counter-offers not accepted. The inventory exceeds 5000 New Dollars.”
The feeling of selling items in online games suddenly came over him and it was quite interesting when he thought about it. Despite being initially worried about whether anyone would actually buy them, he had already figured out the market supply and demand, so whether or not anyone would accept the price was of no concern to him.
After the transaction offer was posted, the number of steadily increasing message requests dropped abruptly by more than half. For those who insisted on sending him a message, Xiao Lin clicked on them at random and discussed the details with them.
“More than five thousand New Dollars? Are you sure you really want to use that much money in exchange redemption points? I’m sorry, I’m not doubting your sincerity, but New Dollars are far more useful than redemption points for graduates or graduate students.” The person seemed to be very kind, for the first thing he did was try to persuade Xiao Lin of how bad of a deal that was.
“Uh, I’m a freshman. Before I’m able to freely enter and leave the New World, redemption points are more meaningful to me.”
“!!!” The other party used a few exclamation points to express his surprise, then quickly replied, “A freshman? Are you serious? Where did you get so many New Dollars!”
Xiao Lin was rather speechless, but he did not want to get too involved with that kind of question. “All you need to know is that I got them legally. Do you want them or not...?”