The Diablo III auction house has been a major source of frustration for players since the game launched in May 2012. Blizzard Entertainment made the somewhat stunning announcement Tuesday that the doors to auction house will be closed as the company looks towards its upcoming Loot 2.0 system to equip players with what they need.
"When we initially designed and implemented the auction houses, the driving goal was to provide a convenient and secure system for trades," Production Director John Hight wrote Battle.net. "But as we've mentioned on different occasions, it became increasingly clear that despite the benefits of the AH system and the fact that many players around the world use it, it ultimately undermines Diablo's core game play: kill monsters to get cool loot. With that in mind, we want to let everyone know that we've decided to remove the gold and real-money auction house system from Diablo III."
As such, the auction house will be closed permanently on March 18, 2014.
"That should give you plenty of time to settle your affairs and be ready to play Diablo III without the auction," Hight added in the accompanying video.
News of the auction house closure has already met with favor from players as many have sounded off in comment sections with approving comments.
The Loot 2.0 system that is coming as part of an update with the Reaper of Souls expansion will now be the only way to obtain weapons and equipment to use in game. Blizzard announced the enhanced loot system at Gamescom with the promise that it will drop more meaningful loot for player characters with more opportunities for "Epic" loot to drop.
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