Since there hasn't been a post about this yet, I thought I may as well introduce the topic!
As, i'm sure a lot of you know, AGS has released a new rank called Veteran
What is Veteran?
Veteran is, from what i've gathered so far, VIP but with extra benefits, for example;
After the Eco reset, 6 'veteran' players were chosen to test the new rank, as well as being given a Party-hat of their choice (One complete set has been released). We were also given a 'head start' on the other players by being given 5 items of our choice.
We also have access to ::yell and once it's been fixed, I'm guessing we'll have access to the VIP Island and VIP shop.
Although it sounds all fun and games, I don't think that there will be any more promotions to the Veteran rank. But that shouldn't discourage older players to continue playing.
Also; Another thing that has happened recently; the 'Eco Reset'.
As a lot of you know, Angelscape has been flooded with spawners and 'dupers' leaving PK and the Economy virtually useless. This has now lead to the drastic measure of resetting every players bank; including Admins, Mods, VIP's and Veterans. This should lead to the game gaining a substantial economy with item's being sold and bought at reasonable prices, instead of people just guessing, or using a stupid amount of items to buy something small.
Angelscape may have lost a few members due to this happening, but to all of the players that have decided to stay, I personally thank-you. Eventually you will get some of your items back, but it will leave the server in a better state then what it was in before.
PKing will come back into fashion, instead of being dominated by players using the 1 hit ring, and items will begin to circulate throughout the economy.
Once again; Thank-you to all the players who have decided to stay with us, we'll come back, just you wait. 
Also: If you see anyone with items that you don't think they should have (Mainly rares like Santa hat and H'ween masks) please take a screen shot and post it on the forums or some how show a member of staff. We all need to chip in if we want to prevent this from happening again.
If you have any questions, feel free to leave a comment and im sure one of the staff members or myself will be able to address it with an answer.
~ Lara.
Am i a veteran? I been playing since release.