The new features with Build 4.7 include a mid-size farm cart, an auto-kick for AFK players, and the auction house. Subscribers get full access to the latter feature, while free players who have never subbed can buy from the auction house but must pay to unlock the ability to post items. There's good news for folks who hoard labor points, as identifying quest rewards no longer requires these.
To prep ArcheAge for fast post-launch delivery, the patch also insituted a number of locked features that will be rolled out during later dates. These features include Auroria and Diamond Shores zone functionality, the fishing tournament, arena rankings, submarines, the Red Dragon, and Hasla weapons above tier one.