The Massive Haul of Spirit Stones from Lingxiao Market
Ling Pengshan and the others were taken aback upon hearing this suggestion.
This method of establishing a shrine is unprecedented in the nearly three hundred years of the Ling Clan architecture.
They could all tell that Ling Pengyun valued the War Hall.
After all, one-tenth of the Lineage's annual profits is not a small amount, amounting to at least two or three thousand Spirit Stone. Over time, the family members in the War Hall will also accumulate a huge amount of resources.
As for Ling Pengyun's proposal, everyone agreed with Ling Pengyun proposed temple system.
This system is indeed extremely suitable for the Ling Clan at present.
Everyone readily agreed with Ling Pengyun's suggestion.
Ling Pengyun continued.
"The cultivation requirements for Lineage members to advance to the higher levels of the Lineage also need to be changed."
"Now that our clan has this vast territory of Muddy Swamp, the Lineage's future benefits will be vastly different from before. As long as the clan members have good talent, the clan will definitely have Foundation Establishment Spiritual Object to help them."
"Under such circumstances, the number of Foundation Establishment Cultivator in the clan will definitely increase in the future."
"In my opinion, only Foundation Establishment Cultivator should be appointed as elders in the future. Lineage members at the Qi Training Ninth Layer or the Qi Training Completion should serve as Clan Elder to assist the Lineage elders in managing Lineage affairs."
"..."
Ling Pengyun spoke at length during the meeting, which lasted for a full three days before concluding.
After the meeting ended, everyone left the Council Hall and returned to normal business.
Ling Pengshan racked his brains every day to refine the system of the Hundred Arts Five Halls.
Ling Penglin led her people to various Spirit Vein in the Muddy Swamp Territory to set up formations.
Ling Chengxin is refining elixirs on Lingyun Island.
Ling Pengyun then left the Muddy Swamp Territory and went to the Cloud Stepping Ridge area to find the Hundred Spirits Sect Master, "Hundred Spirits True Person," and then to the Autumn Sun Swallow Territory to find the Abbot of the Pure Heart Daoist Temple, Pure Heart Old Daoist, with whom he had some dealings. He discussed with them whether they were willing to rent the thousand vacant Spirit Vein in the Muddy Swamp Territory.
Both Hundred Spirits True Person and Pure Heart Old Daoist knew the immense value that Spirit Vein could bring, and immediately they expressed their willingness to rent the Ling Clan's vacant Spirit Vein.
Ling Pengyun had anticipated this, and he took this opportunity to borrow array materials worth 100,000 Spirit Stone and 200,000 Spirit Stone from each of the two families.
The price is repayment within a hundred years, plus interest of 50,000 Spirit Stone.
If the item is not returned by the agreed time, it will be replenished using Spirit Vein.
As for the matter of renting Spirit Vein, Ling Pengyun had also made an agreement with Hundred Spirits True Person and Pure Heart Old Daoist to rent more than 500 First Rank Spirit Vein to them respectively.
The profits from the Spirit Plant grown on those Spirit Vein are split 30/70, with the Ling Clan 30% and the Ling family receiving 70%.
The lease term is one hundred years.
At this point, all two thousand Spirit Vein in the Muddy Swamp Territory had been put to use.
The Ling Clan, despite being short-handed and having many newly Golden Core Force managing their territory, also became landlords.
The high-grade First-Tier Superior-Grade and Second Rank Spirit Vein in the Muddy Swamp Territory are managed by the Ling Clan themselves.
The other 550 were leased to Lineage such as the Yang Clan family.
The remaining thousand-plus Spirit Vein were leased to Pure Heart Daoist Temple and Hundred Spirits Sect.
Several days later.
With dozens of clansmen, Ling Pengqiu easily built Lingxiao Marketplace on Cloud Peak in Lingxiao Ridge.
However, Ling Pengqiu did not open this market directly to the public.
Instead, they specifically sent people to spread the word that Lingxiao Marketplace would hold a huge auction on the day it opened to the public three months from now.
The news also spread that the auction would feature five bottles of Small Hundred Spirits Water, five Pulse Meridian Protecting Pill, and one Foundation Establishment Pill, totaling eleven Foundation Establishment Spiritual Object, as well as numerous high-level magic Law Artifact, high-level Spirit Talisman Cave, and other spiritual items. In addition, the news of the leasing out of a hundred shops in the market was also spread.
Foundation Establishment Spiritual Object are extremely attractive to Qi Refining cultivators. Some time ago, those Rogue Cultivator who made a fortune by attacking various Demon Beast Gathering Ground in the White Cloud Mountain Range under the call of the Golden Core Force of the Lingxiao Marketplace Yan Kingdom all flocked to the Lingxiao Marketplace after learning that Foundation Establishment Spiritual Object would appear there, hoping to buy the next Foundation Establishment Spiritual Object so that they could break through to the Foundation Establishment Realm.
Or perhaps those cultivators who want to purchase powerful Law Artifact, spiritual items, and so on to enhance their combat power and cultivation level.
Many cultivators from other parts of the Yan Kingdom, upon hearing of this, also traveled long distances to this place.
Meanwhile, the major powers in the Yan Kingdom were quite interested in the shops in the market opened by the Ling Clan Golden Core Force. Disciples from various powers frequently went to Lingxiao Marketplace to negotiate with Ling Pengqiu was in charge there.
In just half a month, all 100 shops that the market had offered for rent were rented out.
These shops have different prices depending on their location; some offer ten-year rentals for a thousand Spirit Stone, while others offer ten-year rentals for five hundred Spirit Stone.
As a result, the Ling Clan earned more than 70,000 Spirit Stone in a short period of time just by renting out shops.
The Ling Clan also used these three months to warm up the market, pushing the popularity of Lingxiao Marketplace to an extremely high level. On the day the market opened, nearly 30,000 cultivators flocked to Lingxiao Marketplace.
The Ling Clan made over 30,000 yuan just from the toll fees for entering the market.
The Ling Clan had long been prepared for this massive influx of people, building the Lingxiao Marketplace to be extremely large, with an auction house space within the Lingxiao Marketplace that could accommodate as many as 50,000 people at the same time.
When the appointed time arrived, the auction officially began.
Because the spiritual items that the Ling Clan put up at this auction were all of excellent quality, they were all successfully auctioned off.
The eleven Foundation Establishment Spiritual Object that were the final prize were even more fiercely contested.
Ultimately, half of them ended up in the hands of wealthy Rogue Cultivator, while the other half fell into the hands of Foundation Establishment forces throughout the Yan Kingdom.
After the auction, the Ling Clan also informed everyone that they would be holding an auction every Ling Clan years from now on.
This event also heightened the anticipation of the nearly 30,000 Rogue Cultivator participating in the auction.
Many cultivators who failed to win any good items at the auction have already decided that they must come back to the Lingxiao Marketplace auction three years later.
The hundreds of shops within the market also made a lot of money due to this huge influx of people.
The Ling Clan also took this opportunity to purchase materials worth hundreds of thousands of Spirit Stone for setting up the formation from the nearly 30,000 cultivators who participated in the auction.
That night.
Deep within Lingxiao Marketplace, in the courtyard of a courtyard.
The top leaders of the Ling Clan were all gathered here, including Ling Pengyun, a Golden Core True Person.
Ling Pengshan flipped through an account book in his hand and said with a smile.
"According to statistics, the thousand spiritual items that our clan put up for auction this time sold for a total of 215,300 Spirit Stone."
"The entrance fee collected for this market was 29,553 Spirit Stone, and the rented shops earned a total of more than 73,000 Spirit Stone."
"With the three combined, we have earned a total of 310,000 Spirit Stone this time."
Upon hearing this number, everyone present burst into laughter.
Three hundred and ten thousand Spirit Stone is an extremely large sum, an astronomical figure even for them and for Ling Pengyun, a Golden Core cultivator.
This amount of Spirit Stone is more than enough to buy an ordinary Golden Core Spirit Object, which is a powerful treasure that can create a Golden Core Spirit Object Golden Core cultivator.
Of course, they understood the price they had to pay to earn such a large sum of Spirit Stone.
In order to enhance the reputation of Lingxiao Marketplace and Lingxiao Auction, the Ling Clan family has brought out almost all the best items from their Clan Repository.
In fact, over the past three months, Ling Pengyun and several second-tier artisans from the Ling Clan have been frantically refining second-tier spiritual items.
It was under these circumstances that they received more than 210,000 Spirit Stone.
Earning a quarter of the Spirit Stone from this Lingxiao Auction every three years in the future, would be considered quite good.
After all, the Ling Clan's spiritual resources are limited, and the Foundation Establishment Spiritual Object are even more scarce.
The Small Hundred Spirits Water and the Meridian Protecting Pill that the Ling Clan brought out this time were both refined in the early years by Yang Changxing, the deceased member of the Yang Clan, and Ling Yunhong, Second Rank High Grade Alchemist has not yet returned home.
The Foundation Establishment Pill at this auction was purchased by Ling Pengyun from the Hundred Spirits Sect.
It is fair to say that, given the current situation of the Ling Clan, there is absolutely no possibility of replicating this grand auction.
As for the nearly 30,000 entry fees earned during this auction, it was entirely earned by exchanging the rare spiritual items that the Ling Clan put up for auction.
Normally, it would take at least several years to earn back this initial investment.
The Spirit Stone earned from renting shops within the market are something that can only be earned once every ten years.
Overall, although the Ling Clan paid a high price to hold this auction, the Spirit Stone they received were enough to offset the Ling Clan's investment.
The crowd was delighted for a while before calming down.
"Cheng Xin, Ancestral Grandfather Yun Hong has not yet returned to the clan. The Lineage's Pill Refining needs you to take the lead. Someone needs to refine second-grade Foundation Establishment Spiritual Object such as Small Hundred Spirits Water and Meridian Protecting Pill."
"This matter is of great importance. Both the Lineage and the auction held every three years in Lingxiao Marketplace desperately need this kind of second-grade Foundation Establishment Spiritual Object to hold the event in place."
"You have now reached the mid-grade level of the Second Grade Middle Rank Pill Refining several years. In the future, you should not worry about failing to refine Second Rank High Grade pills by relying on the Spirit Plant grown by the Lineage or the spiritual materials in the clan. You may try to refine them."
"In this way, your Pill Refining skills can be rapidly improved in a short period of time, and you will be able to refine second-class Foundation Establishment Spiritual Object such as Small Hundred Spirits Water and Meridian Protecting Pill."
Ling Pengyun, seated in the main seat, spoke to Ling Chengxin at this moment.
"... Eighth Uncle, I will do my best." Ling Chengxin said, his brows furrowing instantly, the pressure on him increasing many times over. After a moment of silence, he replied in a deep voice.
Seeing Ling Chengxin's expression, Ling Pengyun understood the pressure Ling Chengxin under, and he sighed inwardly.
"This child has not had much pressure since joining the clan. In his early years, the pressure of the Lineage's Pill Refining was always borne by Ancestral Grandfather Yun Hong, and he had no opportunity to experience it."
"This sudden pressure can actually help temper the child's character."