1. Identify key resources and currencies: First, I determine the primary resources and currencies that players will interact with. This could include in-game currency, experience points, crafting materials, or other collectible items.
2. Establish reward structures and progression: Next, I define the reward structures and how players will progress through the game. In my last role, I worked on a project where we had to ensure that players would receive appropriate rewards for their efforts, creating a sense of accomplishment while also motivating them to continue playing. This involved determining the amount of resources awarded for various in-game activities, as well as designing a balanced leveling system.
3. Monitor and adjust: Finally, I closely monitor player feedback and in-game metrics to identify any imbalances or unintended consequences. From what I've seen, regular adjustments are often necessary to maintain a balanced economy, as player behavior can be unpredictable and may reveal unforeseen issues or exploits.