Market Discussions

I see there is a current bank announcement that is clearly a scam, so that got me musing about them again.

Personally, I don't think I have the in-game or out of game resources to create/maintain one.
But hypothetically, what would it take to run/maintain one?

Things I know you would absolutely have to have: Trusted Name affiliated with the bank, or a group that is not going anywhere.
Something like The Interstellar Bank of Chribba, or Eve University Bank.

Beyond that, what kind of ingame/out of game resources would be needed to actually run one, not some Ponzi scheme?

Most people have decided it will never happen because there is ALWAYS more reason to scam then not.

Hypothetically, a bank could work if (Yes, this is very impossible) every deposit was 100% collateralized by the bank through a super well trusted third party (or five, let's be honest) but that'd get tricky as the bank would need to grow the collateral as they paid interest and it'd get odd very quickly.

I`ll just preserve your use of the original and ultimate scammer line.

We`ll make a contest where all the players can see how many times they can find this line used in past scams.

This is why we tried a different style with Eve Phased Credit Bank [EBNKS]. Though we are still small, once people use us they seem to like the idea. Plus some too seem to like building credit .


SH

make eve real life and lol at people for scamming, done and done.

Except that EOH isn't a bank, it's a poker platform. Were you referring to something else?

Offtopic posts removed. Please keep the discussion on track.

I think my original question was more about "what kind of mechanics/resources are required ingame and out of game to make this work?"

How does a person convert loan requests and savings deposits into some kind of out of game database to keep track of it all?
How do you automate interest withdrawals and interest deposits on a large scale?

That kind of thing.

I would think that the the potentially large amount of email that a banker or banker corp would receive would demand automation, and then you are talking macros, and then you are talking big trouble with the EULA.

Thanks for the answer. That does clear a lot up.

On topic:

The bank model that attempts to be analogous to real life banks is a highly dangerous one for a range of reasons, not least of which are the software issues mentioned above.

However, a while back I was tinkering around with a savings 'bank' idea called Eve Heroes Investment Corp that took into account some of the points in the OP. This would be based on a) a corp manager running one or more funds, with b) each fund consisting of BPOs of all types locked down by a single 'Eve Hero' (Chribba, Grendell, TS etc) with fund sizes initially capped well under the 'prestige scam' level. Investors would buy shares in whichever fund they preferred and the manager would only have access to BPCs and those researched BPOs being sold (the value of which would always be less than the security deposit the manager would have to put up temporarily whilst handling prints, or under the level of the manager's stake in the corp). Withdrawal requests would amount to requests to liquidate a portion of the fund with prints being unlocked for sale on a once a month basis (the primary structural aim being to minimise the workload of the Hero to one lock/unlock session per month) and withdrawals being processed in a waiting order system that could take a while. Dividends would be paid by the manager through the holding corp and shares would be openly tradeable.

Of course, none of this could prevent a scam but I think the model would provide about a safe a system as you could get in eve with the current mechanics. The setup would be cumbersome with regard to withdrawals but sustainable in the long term.

My primary interest in this, though, would be to have the shareholders in more or less full control so that they could vote out and replace the manager, making for a true publicly owned corp.