Maybe if there is a glyph(bleu way) to use. The glyph have a limited range so you can only blink to where you can see. If you blink in the air you fall and die, also is you blink in a tree you fall and die. so you have to blink near the top of a hill, than blink to the next hill or to the road below. As it is Glyph magic as you put more mana in it you can blink further but run out of mana faster.

I like the blink glyph idea. Only I would not like it to be so dangerous. Clumsy me would probably die all time. Allso an aber is that it would make it difficult to make the roads difficult and dangerous for travelers. If you simply could bling yourself over any dangers it would not be much fun. But as there currently are no dangers for travelers, I am all for the idea as it would make traveling faster and more fun.

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Allso I think teleportation is a must for a game of this size. I think there should only be possible to teleport yoursef, and only to places you have been to. Then it will not spoil the fun of discover new places by foot.

About the trade-argument I think serious traders in future game-updates should be able get theirself a wagon and an animal for carrying big loads of goods.  Then it still would be possible making profit on market distances.  Simply put a few items in your pockets and teleport would make you some trias, but loading up a large wagon, pulled by a strong/fast animal(s), would be far more profitable.