What could be better than getting a present? How about getting seven free presents a week!
I love presents. They don't have to be big or grand or cost a lot of money, but if there's something wrapped with a bow that I can rip wrapping paper off of, I'm pretty much in heaven. Lord of the Rings Online seems to understand how much most people adore receiving gifts, so they're giving away Hobbit Presents to players just for logging in as part of a new reward system.
Hobbit Presents will come in two varieties: silver and gold. Silver presents are awarded to every player every day that they log in and are on a 24 hour cooldown. Inside they can hold gear, gold, boosts, and food. All players have to do to receive their present is click on the alert icon and open it up.
Begin your own epic adventure as the Race of Man, Elf, Dwarf, or Hobbit. Based on the books written by J. R. R. Tolkien and not the movies, LOTRO is a closest thing you can get to strolling through Middle-Earth with a solid walking stick in your hand as the road goes ever on and on.
Gold presents on the other hand are reserved for VIP members and are given out once a week. Gold presents have a higher chance to drop rare items and the rarest drops include legendary-tier equipment.
Hobbit Presents will come with Update 11 which is currently scheduled for sometime mid next-week. If you want to learn more about them you can look over the Hobbit Presents FAQ.