It does level the playing field in a sense. Because now the very high end aren’t making thousands of gems/glory keys, and the super low end aren’t making table scraps. They reigned those two extremes in significantly. I am part of a guild that is rank 70ish and so we were part of the upper class, but not making absurd amounts that the top 25 or so was. We still got reigned in a bit as well.
But it will take a long time for those top players to fully drain their shares down to a reasonable level just because those players at the top were hoarding and now are most likely spending bare minimum.
I bet devs will look at the economy again once the top has drained their resources (and there are new players) and go from there. Basically we are testing out a whole new economy. I have faith that if it isn’t enjoyable the devs will make tweaks because it does seem like they care about their game and their community (which says a lot since most mobile devs teams do not)
In a year or so I bet we will have seen some form of changes to the economy. Just wait and see.
We need more opinions of people just starting off to see what their experience is. Since we are all tainted by the old system