Lets not have this game looking like a cheap Korean MMO please
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Blade and Soul -used- to have this sort of thing. It didn't have armor actually, but its weapon and several other accessories were upgradable from lvl 1 on. Then... well that grind apparently hurt something because they took that away and gave the fancy upgradeable stuff at the end game instead of the start.
Please no..
I don't want to spend all my time farming fates and what not for pieces to upgrade my weapon AND gear.. I take joy in queuing for a raid and seeing a piece of gear i can use drop and hitting that need button. Rolling around with the exact same pieces of gear for the entirety of a expansion isn't as great of a feeling as seeing something you can use drop off a boss, or spending your earned tomes on said piece of new gear..