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About the In-Game store Thing. I'm also pretty sure it will be Free-To-Play with an in-game shop, which honestly, if its transmog and stuff like that I really dont care, the problem comes when it becomes a way to save time (You can Buy In-Game loot, or upgrades or save time like level boosts), 0 problem with transmog. I also think the 2nd option is having a box cost of 60/50 with no In-Game Shop and no monthly sub, also box price for expac, which I think would be free with an In-Game shop aswel. Last option and I dont think they'll do this one is Monthly Sub with no In-Game Shop and no box price for game and/or expacs. Pretty safe to say that Riot prefer having a big community than money just by looking at the model they use for their prior games, where only cosmetics are sold and a few people who empty their wallet fuel the game for all the F2P players. Not an Issue with it personally. What I fear the most tho are Battle Passes or something like that, which is also a common practice for Riot, it tickles me the wrong way personally, but everything else is okay with me cause I know how fair they usually are with F2P players.
Yes I think they've already said they want to make the game f2p so it can be accessible to a lot of people and make money of an in-game shop like in all their other games. That would probably translate in cosmetics (armor, weapons, mounts skins, pets/miniatures, emotes,...), "QoL" products, like xp/gold boosts, transmog charges, loot boxes, teleports,... And probably they'll also allow players to exchange IRL money for in-game gold too... And while I dislike that idea it's not going to be a deal breaker, much like GW2 does.
I'm really enjoying your podcast series and usually I agree with you on everything, but the transmogs is something I disagree. I don't want to hit max level and be wearing the same dragonscale armor that every other max lvl character on the same armor weight is wearing... I want my character's appearance to reflect its racial, cultural and class identity and I want to be able to customise my character's appearance. At the same time I wouldn't want riot to make immersion-breaking cosmetics, like for example you're running a difficult raid that is threatening to end the world and your tank is dressing like a Japanese school girl with cat ears and a rainbow backpack 😅