Y23 Spring Capsule Bundle. Two new Spring Capsules have bloomed at the NC Mall, and they're coming with some great savings! Get a free extra capsule with any 5-pack you buy, or grab a 10-pack for 25% off. According to Neopets' news it is to close May 13th. We recommend claiming your points a day early to be on the safe side. Last year the news was dated one day, but posted the day before. The date it was for, the shop was already closed. (IE: News posted on the 12th for the 13th.
Puts a price link under every item in your inventory. Clicking it will instantaneously tell you the current price of that item on the shop wizard. (also a buy icon appears, if you want to stockpile that item) TIP: Clicking the amount of NP again will refresh it! (even though you see no link it should work) BEFORE INSTALLING. Stop2Shop.com Cottondale, FL 32428 We reserve the right to limit quantities on any and all items on this site Items sell out quickly at times and prices may change without notice.
| News |
| NeoPets News NeoZodiac Neohoroscope |
| Arts |
| NeoPets Adoptables NeoPets AIM Buddy Icons NeoPets Avatars NeoPets Backgrounds NeoPets Banners NeoPets Cursors NeoPets Enter Signs NeoPets Guild Layouts NeoPets Hiatus NeoPets Lookup Banners NeoPets MSN Avatars NeoPets Shields NeoPets Shop Blogs NeoPets User Lookups NeoPets Welcome Signs Paint Brush Finder Petpet Paint Brushes |
| Business |
| 10 K A Day NeoPets Auctions NeoPets Dailies Guide NeoPets Employment NeoPets Money Cheats NeoPets Savings Guide NeoPets Shop NeoPets Shop Wizard NeoPets Stock Market NeoPets Trading Post Restocking Tips Shops for Newbies |
| Entertainment |
| Avatars Avatars for Newbies Default Avatars NeoPet Avatar Solutions NeoPets Game Avatars Secret Avatars What are Avatars? Battledome 1 Player BD Codes BD Challengers Battledome for Newbies Battledome Tips Equiping Items Faerie Abilities Healing Potions Lab Ray Ninja Training School Training (Basic) Training Levels Collectibles Book List Bottled Faeries Coconuts Codestone Finder Coin List Dubloon Finder Morphing Potions Negg List Shell List Shield Finder Stamp List Trophy List Events Advent Calendar April Fools ’04 Caption Finder Giveaways and Times Illusen Quest Prize Jhudora Quest Prize Lost Desert Plot McDs Giveaway NeoBoards NeoPets Calendar Quests Random Events Random Themes Food Cooking Pot Golden Dubloon Gourmet Food Magical Chia Pops Game Guides Action Games Darkest Faerie Luck Games Miscellaneous Games NeoPets Cheats NeoPets TCG Old Games Ratios for NP Notable NeoPets Better Than You Evil Neopian Famous Faeries Shopkeepers Places Explore Neopia NeoPets Jelly World NeoPets Places NeoHomes Miscellaneous Diseases & Cures Guilds (Advanced) NeoPets Music Neopian Times NeoSlang & Smilies Newbie Guide (Abr.) Petpetpets Petpet Lab Premium Exposed Transferring a Pet Userlookups |
| Miscellaneous |
| Generator-Random Event Hex Colors NeoCam NeoPets IMVironment NNN Forum Archive Pet Generator Stylesheet Templates Timers |
| Security |
| Get a Good Password Latest Scams Protecting Your Account Scam FAQs |
| NNN |
| Affiliates Affiliate Application |
| Affiliates |
| Nutty About NeoPets Pink Poogle Toy NeoPets Access Galactic Neo Neoronic Neopets Kisses Neonw Neopets Elite Graphics Neo Island Neopians Lights Suta Raito Neodaq Neopets Static |
| NeoPets Shop |
Buying from the main NeoPets shops can be difficult at times, with over 10 million users the demand is very high and there are usally thousands of people trying to buy the items at once, so if you dont have a fast connection, it can often be a challenge to get food in this way. The NeoPets shops restock on a regular basis, they currently restock at random times throughout the hour. We will let you know when they do. So it is usually a good idea to get into the shop a minute before hand and then refresh until a new set of stock apperas, NeoPets has placed a refresh limit on the amount of times you can refresh the actual shop page before you get what alot of people refer to as “Restock Banned”, so refresh wisely! The bans usually last 24 hours, but some people have had a longer ban. Being shop banned means that in any of the shops on NeoPets there are no items at all present on the screen. A good way to determine whether or not you may have been banned, check out the Tiki Tack shop located on Mystery Island, this shop almost always has some sort of stock in, and if there is not anything present, you are most likely banned.
Neopets Price Guide
When the stock appears, you will be presented with a screen like this:-
Each item has the amount of stock and then a recommended price, click on an item to purchase it. This then brings up the haggling screen:-
This is your way of possibly getting the item for less NP than the suggested price, type a price you want to pay for the item into the box and the shopkeeper will either decide to accept your offer or decline it. While this is a great way to save yourself NP, it can backfire as someone can buy the item whilst you are haggling. If you want to try though, a rough guide is to offer 10-20% less than the suggested price. Once your offer has been accepted, the item will be placed in your inventory for you to use. |
This is a great way of getting the items you need, each Neopian User can set up their own shop and sell items at whichever price they choose. You have two ways of accessing these NeoPets shops: by clicking on the various marketplaces scattered around the map and browsing through the thousands of shops or by using the NeoPets Shop Wizard.
Some content © neonewsnow.com. All other images, likenesses, names © and/or TM Neopets, Inc. 2001-2005.
What is Neopets?
Neopets is a website about, well, Neopets, which are cuteanimals you can own as pets. The main currency of Neopets is Neopoints,abbreviated NP. You earn NP from playing Flash games, getting lucky from randomevents, and playing the market.
It was biggest in the early 2000s, then faded from relevance, but it’s stillaround. I like to check it out now and then, mostly for nostalgia reasons.It’s pretty interesting. Depending on where you look you can see the evolutionin web design between the old and new parts of the site. (I should warn youthat Neopets currently doesn’t support HTTPS and it sends passwords inplaintext, so be careful.)
What you do in Neopets is up to you.There’s no clear goal to the game, and I think that’s why it manages to stickaround. Everyone who’s stuck around has found something that pulls them in.Some just like theFlash games. Others become collectors of weird items. A few (like myself)get into the battling scene, leveling up their pet at the Neopets trainingschools and saving up Neopoints for powerful weapons.
Like I said. It’s all up to you.
What isn’t up to you are the laws of supply and demand. In the end, most goalscost Neopoints, and any game that’s run for 18 years is bound to have its shareof economic stories.
That Time Neopets Changed Pet Art, Creating a New Scarce Resource
In 2007, the Neopets team standardized Neopet artwork.All Neopets of a species would have the same pose, regardless of color.This was done to reduce the art load for features like clothing. Witha standard pose, the clothes can simply be overlaid on top of the Neopet, reducingthe combinatorial complexity of the art assets. Many outfits are only buyablewith NeoCash, the pay-to-win currency, so there are some pretty clear monetaryreasons involved.
Some users got angry. Many were drawn to their Neopetsbecause of what they looked like, and some felt that the new artwork lost someof the charm and individuality of the old art. As a comparison, here issome old artwork for the Darigan color.
Here is the new artwork for the same set of Neopets.
You can see that the style is preserved, but the poses are more homogenized.Personally, I don’t think this is a big deal, but I’m not big on pet aesthetics.
Not all the new art was ready at launch time, so some pets kept their old art. Asan apology of sorts, the Neopets team made conversion of these pets optional.These pets became known as UC pets, for unconverted.
Since new UC petsare impossible to create, there’s a fixed supply, and where there’s a fixedsupply, there’s speculators.Owning a UC pet is a big deal. Some genuinely prefer the old art, whereas otherssimply treat them as avaluable bargaining chip in the pet trading market.
You can read more about this topic from this Reddit threadand the Neopets wiki. Whenresearching this, I even found a page where you can buy UC pets, with classifications based on how well the Neopet is named. Ifind this ridiculous, yet excellent.
That Time People Abused a Duplication Glitch and Crashed the High-End Economy
In 2014, Neopets was sold from Viacom to JumpStart. During the transition period,the site was lagging horribly, and a bunch of things…just stopped working.
Games: broken (HSTs not reset)
Restocking: broken (only restocking once an hour or so)
User shops: a little broken (overstocking)
Battledome: broken forever (not really, it’s just a little glitchy)
Keyquest: still broken (broken since transition)
Contests (Art Gallery, Random Contest, etc.): broken (submissions don’t work)
Galleries: broken (you can add/remove but you can’t rank)
Petpages: NEIN NEIN NEIN (you cannot edit petpages. at all. no petpages for you.)
Neomail: bit messy (neomails displaying as “read” instead of “replied”)
Wishing Well: worst genie ever (has not granted wishes in days)
Employment Agency: everyone is on state benefits (no job listings)
Guilds: pretty broken (rank names and layouts can not be edited)
Neopets Gallery Price Checker
Pound: having numerous issues. (adopting neopets is not a good idea right now)
Our hearts: broken (TNT WHYYYYYYYY)
During the lag, a few users discovered that if you sent a bunch of requests ata fast enough rate, the servers would get confused and duplicate items.Several Neopets items cost hundreds of millions of Neopoints, and a few trollsstarted duplicating items and selling them at deliberately low prices.
Credit to this Reddit thread and this articlefor documenting some of the madness. First they auctioned some morphingpotions for cheap.
(Current price: 820,000 NP)
Then, they duplicated powerful Battledome items.
(Current price: 28.5 million NP for Thyoras Tear, hundreds of millions for Super Attack Pea)
It got worse when people started releasing scripts to automate dupe attempts.
You have to imagine how disappointed some cheaters were. Here they are, tryingto silently exploit a glitch to make millions, and then the trolls show up andruin everything by making the exploit super obvious. Like, ugh, couldn’tthey exploit their MMO-breaking bug in peace? The glitch got patchedimmediately.
And by immediately, I mean 4 days later.
Also, they didn’t rollback the servers. Instead, they banned the abused, removedall the obvious-looking duplicates, and warned that anyone taking advantage ofthe glitch may be banned. It can take months to hear back from Neopets supportto appeal your ban, thanks to understaffing and a massive backlog. There wassome paranoia.
There are reasons not to do a rollback. It’s a nuclear option that’s verydisruptive for other users. However, it’s also one of the few ways to guaranteeinvalid items are no longer in circulation. Users adopted smell tests, based onwhether the price was too good to be true, or if the account seemed too young toown a valuable item. This only goes so far. Once a dupe gets laundered througha few users, it’s hard to identify it as a fake.
Ironically, by avoiding the nuclear option, the Neopets team ended upcreating a radioactive fallout around high-end items, since buying them came withthe risk of losing your account. It took several monthsbefore people felt safe buying these items. If you check prices, it’s obviousthat some dupes are still out there, but what can you do?Super Attack Peas used to be over 1 billion NP and now they’re about one-fourthof the price. That’s just a fact of life now.
That Time Neopets Decreased Sale Friction and Prices Dropped Accordingly
For a long, long, long, looooooooooong time, the max price of items in user shopswas 99,999 NP. For anything more expensive, you had to sell on the Auction Houseor Trading Post. In practice, the Auction House is only used to close alreadyagreed-upon deals from the Trading Post, leaving the Trading Post asthe de-facto selling ground.
When I played more actively, I found this very annoying, because it takes somuch longer to buy items from the Trading Post. Here’s how you buy items fromshops.
- Go to the Shop Wizard and search for your item.
- It gives you listings in order of lowest price.
- Buy cheapest one. The transaction is instant.
Here’s how the Trading Post works.
- Go to the Trading Post and search for your item
- It gives you listings where people write how much they want, except most people just say “neomail me offers”, which makes it hard to figure out the market price.
- You haggle with the seller in an NeoMail back-and-forth.
- You get the item a few hours or days later, depending on how much your activityoverlaps with the other user.
In short, there’s a lot of friction. There’s also information asymmetry. Whena deal closes, it isn’t publicized. Only the people involved in that transaction know the finalterms.Sellers ask for more NP than the item is actually worth,because it’s hard to prove them wrong, and it’s up to the buyer to proposethe right price. The Shop Wizard is buyer-favored. The Trading Post is seller-favored.
Recently, the max shop price was increased from 99,999 NP to 999,999 NP. It wasa great change that improved accessibility of several items, leading to pricedrops across the board.
I think the thing most people don’t realize is that honestly, it hasn’t caused items to go down in value, these are what the values truly should have been.
With the trading post, you don’t see the true scarcity / supply of the item because people have to keep posting trade lots, if they have a bunch of items to sell they take it down to put up other items, items sitting in SDBs, etc.
Upping the shop price limit essentially meant that we will finally see closer to the real supply of the item(s) and thus, the market will determine the price.
The TP is abused a lot to hide the true supply of the item and make it appear as if there is less of something than there is, resulting in an inflated price. (Like when people buy up all of an item off the SSW before the price increase and then say “Oh give me 300k+”. The price difference between shops and trading post allowed for this manipulation)
So honestly, all it did was allow the market to actually determine values instead of letting users manipulate the perceived supply and inflate prices.
I’m all for it
I was selling Turned Tooths at the time, and it waspretty amazing to see all the Turned Tooths disappear from the Trading Post,then reappear in the Shop Wizard at 60% of the asking price. I knew they weren’t asvaluable as everyone wanted them to be, but it was something else to see ithappen live.
That Time a Book Got 1000 Times More Expensive Because of Charity
Here’s a secret about Neopets: 99% of the items are useless.
Despite this, some useless items still have high prices, because of theirrarity. Neopets has a built-in rarity system, explained here.For our purposes, the important rarities are rarities 1-99. These items aresold form NPC shops, and the rarity defines how often that item is in stock.Rarity 99 items restock very rarely, giving them an allure of their own.Many users like filling out their Galleries with all the rarity 99 items theycan get.
Let’s talk about the Charity Corner. It’s a yearly event where you candonate gifts to Neopians who need it. Awwwww.
The way it works changes each year, but here’s how it worked in 2015 and 2017.Donatable items fell in three rarity bands: r70-79, r80-89, and r90-99. TheCharity Corner only accepted a few category of items, one of which was books.For every five books you donate, you get a random item sampled from the rarity band you donated.For example, you donate five rarity 90 books, and you get a random item fromrarity 90 to 99.
This sampling wasn’t weighted by rarity, so this gave decent chances of gettinga rarity 99 item, and a lot of cheap items have rarities in the low 90s.
No surprises for what happened next: users began buying out the cheapest rarity 90items they could find, swarming to the next cheapest item once users adjustedtheir prices accordingly.
JellyNeo tracks historical logs of item prices. Here’s the 2015 price log forRealm of the Water Faeries, a rarity 92 book. Can you guess when CharityCorner ran that year?
A price spike form 45 NP to 50,000 NP. No big deal, just a 1000x increase.Here’s the 2017 spike, with a more modest spike of 100x from 300 NP to 30,000 NP.
I didn’t participate in Charity Corner, but it ended up affecting me when Iwas shopping for Battledome weapons. I wanted to buy aWand of the Dark Faerie.It used to cost 350 million NP, way more than I ever thought I could achieve.These wands are given out for reaching level 50 in the Jhudora quests. Part ofthe reason they’re so expensive is because you need several rarity 99 itemsto reach level 50. The increase in rarity 99 items from Charity Cornerended up decreasing the price to 40 million NP.Still a lot, but a lot more manageable.
That Time A User Donated a Billion Neopoints to Help Save the Economy
All MMO economies are defined by their sources and sinks. How does in-gamecurrency get created, and how does it get deleted?
Take MapleStory, a game I played a lot in my youth. Monsters create money whenthey die. NPC shops remove money when they sell you healing potions.Whenever you trade with a user, a small percentage of the transaction is taken as tax.
Monsters and NPCs are parts of all RPGs. But why is there a user tax?The more monsters killed, the more money there isin the economy. In MapleStory, the in-game currency is called Mesos. When thereare more Mesos, each individual Mesos has less buying power. The tax helpskeep inflation in check by removing Mesos from the overall economy.
In Neopets, Neopoints enter the system through Flash games, and leave from NPCshops. There’s no transaction tax, so inflation is only held in check bywhether users spend money at NPC shops or not.
Remember that NPC shops restock items of varyingrarities. The NPC price for rare items is much lower than the true market price,leading to a practice called restocking. You refresh a shop page untilrare items appear in stock, buy them for cheap, then sell them to users ata much higher price.
As a kid, I thought restocking was magical. I played Neopets with my friendsat the local library, because my local library had a super fast Internetconnection. In a Neopets restock war, milliseconds matter. It was basicallyhigh-frequency trading, except performed by millions of children instead of bots.
As an adult, I now recognize the profit from restocking is basically theequivalent of scalping. There’s arbitrage between the NPC market and theuser market and you’re getting compensated for the time spent.
From a game design point, scalping is actually good for the game, since it givesnew players another way to earn Neopoints. But the low NPC shop prices meantthat NP wasn’t leaving as quickly as it needed.
Users with enough economics knowledge to recognize the problem petitioned theNeopets team to add more NP sinks to the game. They obliged. Here are two Ilike a lot.
The Lever of Doom: Pulling this lever makes you lose 100 NP. That’s all itdoes.
Why would you even pull this lever? Well,every pull hasa small probability of giving you a Lever of Doom avatar you can use on theNeopets message boards. That was enough to get avatar hunters to spendmillions of NP chasing the avatar.
Would you pay for this? I wouldn’t. But you do you.
The Hidden Tower Grimoires: The Hidden Tower is the most expensive NPCshop in the game, selling items for millions of NP. Unlike other shops, allHidden Tower items are always in stock. This reverses the dynamic - mostHidden Tower items are buyable from users at a slight discount from the baseprice. Bad for inflation, since users don’t spend money at the NPC store.
The Hidden Tower Grimoires are books, and unlike the other Hidden Toweritems, they’re entirely untradable. You can only buy them from the HiddenTower, with the most expensive one costing 10,000,000 NP.Each book grants an avatar when read, disappearing on use.
Remember the story of the I Am RichiOS app, that cost $1000, and did literally nothing? Buying the most expensiveGrimoire for the avatar is just pure conspicuous consumption.I think these avatars were actually a pretty smart move. They target the top 1%by creating a new status symbol.
Alone, these two weren’t enough, so in 2010, the team decided to go all out, witha month-long Save the Wheels Campaign.
The Wheels are a site feature where you pay a small NP fee to spin a wheel toget prizes. They’ve been around since the start of the game, and they neededa visual rework.
Seeing an opportunity, the rework was branded as a renovation project. Userswho donated Neopoints would receive thank-you gifts from the Neopian ConservationSociety, and the top 10 donaters would be listed on a public leaderboard.The most expensive thank-you gift required donating 2,000,000 NP at once.
Neopets Item Index
There are lots of user stories about people who come back to the site, digthrough their storage, and discover an item is now worth millions of Neopoints.For example, it could be a stamp from some random event, and now it’s partof a stamp album that stamp collectors want, and they were only given out fromthat random event ten years ago.Any time Neopets runs something that gives out items which will never begiven again, you can be sure that some users will get as many as they can asa long-term investment strategy.
You can see the final tally at the official Neopets pagefor the event. Users donated 12,371,694,534 NP in total, with the top userdonating over a billion NP by themselves.
And okay, sure, it’s not like they asked users to donate NP for the good of theeconomy. It was in exchange for stuff that speculators wanted. But I stillfind the entire event very amusing.
* * *
There isn’t really a point to this post. It was mostly an excuse for me to digup Neopets history. But if I had to make one, it would be that it’s very, veryhard to escape economics. It hasthis nasty habit of showing up everywhere you look.
There have been other posts about the Neopets economy. There’sthis one about inflation,and this one about the dangers of unrestricted capitalism.
In one sense, yes, there’s definitely a Neopets top 1%, that barters inmillions while others are earning 5000 NP a day. As noted by this editorial, this top 1% barely interacts with theNeopets proletariat. (I certainly never expected to write about the Neopetsproletariat, but here we are.)It’s definitely disheartening to realize how much more the wealthiest users have.
On the other hand, Neopets doesn’t cost anything to play. Feeding your Neopetscosts 5 NP a day, and they don’t die if you don’t feed them.The Flash games are entirely free to play. The strongestcriticism of unrestricted capitalism is that some are forced into terribleconditions to earn enough to live, but this just isn’t a thing in Neopets, sincethere isn’t any cost to living.
Sure, not everyone on Neopets has what they want. But Neopets is a game. Itonly works as a game because it requires effort to get many of things itoffers. If there’s no challenge in getting things in the game, why wouldanyone play it?
A similar sentiment was explained in this profanity-filled, slightly NSFWZero Punctuation review of Minecraft.
If you can just clap your hands and summon fifty explosive barrels, the spectacleis as fulfilling as eating your own snot. Minecraft is a responsible parent.It knows you’ll swiftly get bored if you just get whatever you want, so it pays youfive dollars a week to wash its cars so that you can gain an appreciationfor value.
I’d hesitate to generalize any lessons from the Neopets economy to the realworld economy. There are too many differences for the comparison to have value.If anything does transfer, it’s that we like having goals, something to aim forthat takes work to achieve. And, it’s that not everyone can get what they want.Not the happiest ending, but what do you expect out of the dismal science?