Open Beta level cap is 15

[Terina/Sinaroc]

Not an official source as it comes from IGN

pc.ign.com/articles/766/766238p1.html

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Right now the game is still in closed beta, but come March 30 the beta will open up to everyone. Unfortunately for closed beta members, the advent of the open beta means their previous characters will be wiped. If the game is preordered, however, Turbine is implementing the crafty gimmick of allowing players to carry over their open beta characters to final, though during the beta there'll be a level cap of 15.

[jim]

As long as it gets us out of the starting zone pileup on opening day a limit is ok with me. If I have time I'll make a few characters (need the bank space anyway heh).

Has there been any mention of inventory or gold being carried forward to retail? That seems like a highly exploitable situation to me by getting the stuff from people who won't be playing retail.

[Terina/Sinaroc]

I believe there are some limitations but not really sure...

[Marna]

even if they stockpile gold.. there are not many money sinks in the game anyways... money is almost useless except for repairs...