Chapter 337 The Auction House (2/2)

“Agree, once a week.” Dong Qianqiu also smiled.

“Okay!” Lan Xuanyu licked the oil on his lips. Today’s meal of roasted chicken was really very satisfying.

Crossing Gourmet Street without eating anything should be hell for anyone, but for the four of them who had already eaten enough, they were not feeling it so much anymore.

After finally exiting the street, the sky was already dark and the beginning of the auction was not far. The group of four couldn’t care about admiring the surrounding buildings anymore, and accelerated their pace and went straight to the auction site with the help of navigation.

Ten minutes later, they hurriedly arrived and finally saw the destination of their trip. From afar, the Shrek City Auction House looked like a huge theater. The façade was completely made of a jade-like stone. A human figure was carved on the outside. Each sculpture was human shaped but all somewhat different. On the front side alone, there were more than fifty sculptures, each of which was over ten meters high.

The front door of the auction house was very wide, and a red carpet extended from the door, spread through a long staircase that led to the bottom. Multiple persons standing at the door checked the identity of the visitors. From their gaze and aura, one could easily guess that they were soul masters, and quite strong at that.

The four of them stopped at the bottom of the steps and checked the time. Fortunately, they were on time.

Walking up the stairs quickly, the persons in charge of checking visitors’ identity at the door saw tiror school uniforms, and the expressions on their faces suddenly became very warm, “Students, please show your Shrek communication device.”

They stretched out their wrists, and the guard swept it with an unknown device, and immediately confirmed their identity. “Please come in, the position in the front row is reserved for Shrek Academy, you can sit there as you like.”

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Lan Xuanyu asked: “Uncle, how many areas is the auction house divided into ? We are here for the first time and we are not very familiar with the place yet.”

The man smiled and said: “The auction hall is very large and divided into multiple areas. The common area is the largest and can accommodate three thousand people at the same time. Each person needs to pay a certain deposit to receive a number plate to enter. In addition to this area, on the second and third floors there are VIP rooms. The auctioneers who don’t want to reveal their identities or the most influential ones will choose these private rooms, but the price of the deposit is very high. Your Shrek Academy has a dedicated area, in front of the common area, of course, you can also choose a private room, but in that case, you need to pay a deposit. The Shrek Academy deposit can be replaced by a purple badge. It will be returned to you after the auction.”

“Ok, thank you very much.” Lan Xuanyu immediately understood the general rules of this place, teachers and students from Shrek Academy who participated in the auction were given preferential treatment without a doubt.

“Then do we need a number plate?” Dong Qianqiu asked.

The guard said: “You don’t need it. You will receive it when you enter the area dedicated to ​​Shrek Academy. There is no need to pay a deposit in the common area either. After all, the guarantee of the academy is better than anything else. The private room requires an additional deposit because of its privacy. There are many different kinds of auctions in our auction house. Today is the most common type, held once a month, and it’s also the largest. So there will be a lot of participants and lots of items, and the auction will last until late at night. The value of the items will start from from low to high. The later the lot, the higher its value.”

“Usually we also have some basic auctions here, as well as interesting auctions such as guessing auctions. You can all pay using Shrek Academy’s emblems. The badge is absolutely a hard currency here, and with a certain degree of advantage.”

Qian Lei said with some excitement: “Then what is the exchange ratio between emblems and federal currency?”

The gatekeeper replied : “A white emblem is equal to 10,000 federal coins, a yellow emblem can be exchanged for 200,000 federal coins, and a purple emblem for two million federal coins. I don’t know for the higher level.”

There was a factor of twenty between the yellow emblems and purple emblems ? Moreover, even the most common white emblems could be exchanged for a full 10,000 federal coins! The value of federal currency was supposed to be quite impressive. Lan Xuanyu vaguely remembered that his father Lan Xiao’s monthly salary seemed to be only around 70,000 and 80,000 federal coins, which was already considered a high-end salary. His mother seemed to only range from 30,000 to 40,000, right ?

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Calculating the amount of emblems he had on him, without taking into account the black rank emblem Teacher lent him, Lan Xuanyu had the equivalent of a huge sum of millions of coins. This was simply unimaginable before.

The gatekeeper said patiently: “Emblems are our most welcomed currency, because Shrek Academy has many good stuff, even more than the auction houses. Those good things cannot be bought with money and can only be exchanged against emblems. You can exchange for federal coins at any time, but you can’t buy Shrek emblems with federal coins ! It can only be exchanged against you students. If you want to change, the ratio used through less official exchange can even go higher than what I said. “

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