Blizzard Shutting Down Diablo III Auction House

Diablo III logoBlizzard has announced that it will be shutting down the Diablo III Auction House service. Both the Gold and the Real Money Auction Houses will close on March 18, 2014.  In its stead, Blizzard will be implementing its ‘Loot 2.0’ system into the PC version of Diablo III and upcoming expansion, Reaper of Souls.

“A big part of Diablo is the thrill of battling demons and finding epic loot,” a Blizzard’s community manager said in a FAQ posted on the official forums, “While buying epic loot in the auction houses might be more convenient, it doesn’t feel anywhere near as heroic as plowing through a pack of fearsome-looking monsters and having them drop that one awesome item that seems like it was made for your character.”

Blizzard is still working on the details of the closure, specifically in relation to posted auctions, items and currency on the systems, “We know these details are important, and we want to ensure that this transition goes as smoothly for everyone. We will be keeping everyone informed as we work through this process.”

Players will still be able to trade items using the in-game Trade Window.