Nosy explores the idea of a proposed official trade exchange for Eve Online
The Nosy Gamer: Intrade For Eve?
Sometimes CCP Soundwave comes up with some wild ideas (like NPCs podding players) but this quote from Eve Vegas about in-game gamboling on wars made me smile:
“We don’t have anything planned right now but what I’d like to do is I’d like to make a stock market that basically depends on how your alliance is doing. So there would be some formula that says that if you have X number of systems your stock would be worth that much. And I kind of want to do that so you’d be like, “I kind of think that alliance is going to do well in the future.” And you can buy some stock and they take like five constellations and it basically goes up and you can sell it to someone else. And then of course hopefully someone will find a way to game the system. That they make some alliance and have people invest in it and then it would basically be a fake thing and everyone’s going to be like really mad and send petitions and then I’m just going to sit there and be really happy.”
When I heard CCP Soundwave say this I immediately thought of Intrade. Intrade is a prediction market in which you can make (or lose) money by predicting events. I think of them like futures trading on commodities. You basically place a bet on whether an event will occur, but you can trade your bet to someone else if you want to cash out early before the deadline or event occurs. With Intrade, if you hold shares when the event occurs and it comes true, you receive $10 a share. If you hold the shares and the event did not occur, you get nothing.
Of course, trading of shares is possible. Here is an example from the Intrade site.
“If you buy shares and the price increases, you can sell these shares for a profit. For example:
“You buy shares at a price of $6.00. The next day the price has increased to $7.50. You can sell these shares and take a profit of $1.50 per share.
“If however you sell your shares for a lower price you will make a loss. For example:
“You buy shares at a price of $6.00. The next day the price has dropped to $4.90. If you sell these shares you will suffer a loss of $1.10 per share.
“(Why would you sell for a loss? You may want to sell your shares if you think the market will drop further, to help minimise your potential loss.)”
I don’t know how CCP would set up such a system in game. Perhaps automatically set up markets for the possibility of each side winning the isk war, plus the possibility of each side surrendering. Maybe make another automatic market for how long the war will last.
I’m not sure how popular this feature would be considering the massive potential for fixing fights, but I’m sure lots of people who have too much isk in their wallets might start betting on wars. And if such a market became popular, then it could turn into an isk sink, because CONCORD would impose a transaction fee on each purchase, right?
- NosyGamer
i wouldn't mind buying shares of a corporation or alliance, it already seems like the aspect is there in eve, there is just no incentive to currently buy them.
what would be really cool is if you bought some shares off a corporation who gave out dividends. heh…i wonder if that would even be feasible.
Our corp pay dividends since 2011.
damn why did I sell at 610M!!!!
I wonder maybe would this drive TEST/HBC/CFC to own more of eve and own the stock market??
Bad idea IMO.
Eve is needs less of power block no a bigger one!
Don't blame CCP. PL needs a kick in the butt for inflating zerg alliances.
TEST/Tribe/Test friends = Zerglings. PL = Infestors, Other HBC alliances=(other units)
EVE has no supply cap.
Do not foget PL's super cap fleet or GGLords =P
CCP Soundwave is a fucktard… totally and utterly.
Why do we need Alliance share trading ??? Give more ships, missions, complexes, guns, stations, etz
Someone should start an Eve bank or something. Maybe even turn over insurance to player corps. Or something kooky like that. I still fall back on a player run Court of Interstellar Justice with elected jurists and space lawyer professions. Let the sandbox expand CCP.
CRY HAVOC & LET LOOSE THE INTERNET SPACESHIP ATTORNIES :S
see how nobody gives a shit about the best incursion farmers?
Someone google this man EVE BANK HEIST
I've had shares in an old corp for over a year. I have no idea if that even means anything and tbh I'm too lazy to check. So far, hasnt impacted me or them in any way I know of.
They do not even need to put in a system where the shares go up if an alliance takes systems. The market will do it on its own. If NCDOT starts taking out a lot of CFC system people would want to invest in NCDOT and sell thier shares of CFC alliances. NCDOT's price would go up and CFC's would fall, the early investors would make a bigger profit than those that just jump on the band wagon. It would also encourage people to stick it out with thier alliance if they own shares. I like this idea and I hope the money goes to the alliance and not some big eve bank in the sky.
making isk by doing barely anything, while at the same time financing alliances in 0.0 so they can kill each other. I like the sound of this. MAKE IT HAPPEN CCP
The idea of a stock market sounds great at first, lots of chances to make and to lose ISKs, but it turns EVE further into a complex economy simulation with diplomatic webs of an even greater dimension than it already is.
EVE is going to get really boring for PvPers when fights are less often won through battles. Not to mention it is going to give high-sec players more power over 0.0.
Against all enthusiasm for the new do I say it is the wrong direction.
The whole idea of a more fleshed out shares system, stock market, derivatives, etc. fails on the basic requirement of accountability. In eve its all too easy to take the money and run. This was discussed many times on forums, fanfests, etc… Basically without changing lots of things that would turn eve into a different game, its not possible to do.
Awesome I would be able to bet on fights when my spy toon knows fleet comp and we are only outmatched 2.5 to 1 ……..We better get odds on that, Id bet 10 bil if GSF esp DBRB r 100 bil and a texticle if Zagdul is FCing if tey had 250 Drakes and us in 100 Naga`s Hacs Rokhs Hercocats…..Hell anything
A- Stocks should be corp based not alliance based
B- Stocks should reflect the amount of profit / dividends distributed to share holders
C- It shouldn't encourage alliances to merge into others / blue ball each others.. because that would kill the game
In eve its all too easy to take the money and run. This was discussed many times on forums, fanfests, etc… Basically without changing lots of things that would turn eve into a different game, its not possible to do.
titan-backed securities
iT is not possible to hold any character accountable for its actions in EVE on-line. How does CCP expect to regulate anything in these conditions?
This doesn't have any potential to be manipulated at all!!! Foolproof
Something people always neglect is, that EVE has nearly nil demand for money creation (destruction= beside the action driven sources (and sinks). You could in theory swap this system to central bank based fiat-money system and create further money through bank-credits, BUT for this you need CREDIBILITY. the problem is, the player who have sufficient credIbility do not need money. In fact the players like Chribba rather look for investment opportunities. The players that would need money lack the credibility (in most cases, with the exception of monitarizable collaterals). Same is valid for larger entities (corps and alliances). Thus stock market is nice to think of but void any use but scamming.
Maybe even turn over insurance to player corps. Or something kooky like that. I still fall back on a player run Court of Interstellar Justice with elected jurists and space lawyer professions. Let the sandbox expand CCP.