Looks like fun, i'm sure I'll check it out when it opens =)
You should either make 1 item lootable per kill, and/or a pvp point system where you can buy items with points like guildwars.
World of warcraft has a cool pvp aspect too... buy items per rank, maintain X amount of kills per week - and maintain 'X' rank in which you can buy a certain MR or common pvp item.
I hope a lot of people play! I miss guildwars, but this look like it will be fun!
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