I can't help but feel that the introduction of these reapers chests and their doubloon rewards has been the worst mistake so far on this game, and here is why.
Almost everyone I know on Sea of Thieves is now level 50 in the Sea Dogs company, and very few of them have ever played many games in the Arena, and now have no intention of ever doing so.
They achieved this by gathering the countless spawning reapers chests and purchased their way to level 50.
Now it would seem no one is playing the arena, (today's Dev update would suggest otherwise), but that is not the sense we get from posters on the forum having to wait and wait for a match..
Perhaps Rare saw this happening and quickly limited the amount of letters of commendation you could buy in a certain amount of time, but I think they left it too late.
And secondly:
There was a time when any new update dropped and most players would work/play hard to complete as many commendations as possible to earn doubloons to be able to purchase the time/event limited cosmetics, but now there is no incentive to complete any of the new content as doubloons are so in abundance everywhere to the point where they have almost become as pointless as gold has for players who have played for some time.
And now reapers chests are worth even more doubloons!
I can't help but feel this was a bad choice.
Any thoughts??
