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Ideas for New Bank Started by Me?

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Erotica 1
Krypteia Operations
#41 - 2014-03-19 05:28:26 UTC
Sorry, I have spent the evening writing a poem for the limerick contest. I'll address the questions in detail soon.

See Bio for isk doubling rules. If you didn't read bio, chances are you funded those who did.
Vera Algaert
Republic University
Minmatar Republic
#42 - 2014-03-19 07:43:16 UTC
The Chinese imperial examinations included the composition of poetry, maybe we should make potential bankers undergo similar scrutiny.

.
Nedly Stark
ARAZ Engineering
#43 - 2014-03-19 07:49:21 UTC
While most people in this thread, and MD in general genuinely HATE banks and they think the idea of banks are hideously outrageous and shouldn't even be mentioned.. If you were seriously serious about seriously operating a bank you could just avoid this whole 'im going to run a bank' idea and just instead call it the 'erotica loaning whatever' service (think of a more fancy name later). Forgo the financial scrutiny of the name "bank", don't go with the miserable idea of taking "deposits" for "low rates". Just lend out your isk into individuals who seek loans, come up with your own loaning policies on who you will lend your isk to, and overtime gain income via interest paid off from loans that you have given. In essence you will have created the most basic means that this game can cater to in terms of a bank.

I appreciate the fact that you attempt this idea using your reputation as a tool for trust, but unfortunately so many have ruined it for the very few who might be able to make it work. In my opinion, do what I suggested. Or just continue down this hard long path of nothing but discouragement - continue getting grilled by all naysayers & skeptical forum goers. Just my 2 cents.

Inb4 "Ned shut up you new kid".
Far Wanderer
ACGM Acquisitions
#44 - 2014-03-19 08:40:21 UTC  |  Edited by: Far Wanderer
Nedly Stark wrote:
In essence you will have created the most basic means that this game can cater to in terms of a bank.
Tee hee! Lol

Nedly Stark wrote:
Or just continue down this hard long path of nothing but discouragement - continue getting grilled by all naysayers & skeptical forum goers.
I can't think of anything more motivating than this, beyond the desire to provide a service to others of course.

Whatever Erotica does or doesn't do, it will be interesting. And, likely as not, entertaining.

Surely that's worth the price of admission, don't you think?

I really am wasting my breath though, when you can avoid questions from Hexxx and RAW23 like that you must have some seriously devoted investors. --Elizabeth Norn
Myriad Blaze
Common Sense Ltd
Nulli Secunda
#45 - 2014-03-19 10:44:18 UTC
Vera Algaert wrote:
I feel you don't fully understand my thought process yet.

Imagine you had just sent ISK to Erotica and now she opens a conversation window with you, telling you that you are her 100th customer and have been invited into the bonus room. You quickly recap the bonus room rules (show faith by following all her instructions and receive back 5x your total assets, fail her and lose everything) and realize immediately that this is a once in a lifetime opportunity!
But oh no you are notoriously ill equipped for this singular opportunity as you are constantly broke and even five times nothing does still amount to nothing :(

Erotica Banking Services to the rescue! With just a few keystrokes you have arranged to take out a mortgage on your 5 year-old main character. At a reasonable interest rate and for a very modest processing fee you are flush with cash in an instant. Now you can take advantage of this splendid opportunity!

If you win you can easily pay back the loan and if you should lose Erotica Banking Services can initiate foreclosure on your character within the hour (having just lost all your assets you won't be able to repay the loan - unless you have been holding back in which case it is no wonder that you lost, you dirty cheater! people like you give this game a bad name!) , the character passes into the property of Erotica Banking Services and will then undergo Erotica's rigorous scientific testing procedures or find some other useful application.

As you see there is no need for anything fancy like linking accounts to rl identities or preventing you from biomassing to enable this wonderful win-win scenario. All that is required is for CCP to implement a simple mortgage contract that accepts characters for collateral.

Ok, I admit that I'm actually unsure about your aim.
Is this irony, satire, or are we already deep into sarcasm?
Kudos12345
Doomheim
#46 - 2014-03-19 10:59:12 UTC
I am starting a bank too, my board will be entirely composed of anonymous alts except for one Happy Happy Joy who is a well known Jita investor.
Wulfgar WarHammer
Unrustled
#47 - 2014-03-19 13:07:49 UTC
Going to leave the obligatory: "if Erotica 1 is involved, it's a scam"
Kate 'on
DevonCorp
#48 - 2014-03-20 12:46:14 UTC
Vera Algaert wrote:
Kate 'on wrote:
Vera Algaert wrote:
If only EVE would allow you to take out a mortgage on your characters... then your bank could provide credit to bonus room customers allowing them to take full advantage of the opportunity (instead of being limited by the assets they have at hand).

Such a great potential for synergy ruined by CCP's inability to implement a proper mortgage & debt collection process.


Until it becomes impossible to biomass your char and start another one, move your assets to other character, etc. debt is irrelevant.

Find a way for CCP to keep you account tied to you, not your account, not your char, but you, and keep the game interesting enough for you not to quit, and maybe,.,..

I feel you don't fully understand my thought process yet.

Imagine you had just sent ISK to Erotica and now she opens a conversation window with you, telling you that you are her 100th customer and have been invited into the bonus room. You quickly recap the bonus room rules (show faith by following all her instructions and receive back 5x your total assets, fail her and lose everything) and realize immediately that this is a once in a lifetime opportunity!
But oh no you are notoriously ill equipped for this singular opportunity as you are constantly broke and even five times nothing does still amount to nothing :(

Erotica Banking Services to the rescue! With just a few keystrokes you have arranged to take out a mortgage on your 5 year-old main character. At a reasonable interest rate and for a very modest processing fee you are flush with cash in an instant. Now you can take advantage of this splendid opportunity!

If you win you can easily pay back the loan and if you should lose Erotica Banking Services can initiate foreclosure on your character within the hour (having just lost all your assets you won't be able to repay the loan - unless you have been holding back in which case it is no wonder that you lost, you dirty cheater! people like you give this game a bad name!) , the character passes into the property of Erotica Banking Services and will then undergo Erotica's rigorous scientific testing procedures or find some other useful application.

As you see there is no need for anything fancy like linking accounts to rl identities or preventing you from biomassing to enable this wonderful win-win scenario. All that is required is for CCP to implement a simple mortgage contract that accepts characters for collateral.


Go back and read the history of banks in EVe, then come back and re read this. More words don't matter, if you don't address the simple fact that there is nothing stopping someone from taking ISK and leaving.
Erotica 1
Krypteia Operations
#49 - 2014-03-21 18:56:46 UTC
I have a good understanding of the history of banks in EVE, which is why I see a huge need for a new one, built on a foundation of investor capital and honesty. So far, there has been quite a lot of interest among my trusted escrow agents to help operate this venture. Prior banks were built on a shaky foundation of no seed capital and the desire to scam. Eliminate these 2 factors, and there's a good chance a bank started by me could last for years.

See Bio for isk doubling rules. If you didn't read bio, chances are you funded those who did.
Shranizzle
Ain't Misbehaving
Domain Research and Mining Inst.
#50 - 2014-03-25 12:47:33 UTC
A bank where the 'owner' has an ISK Doubling slogan in their bio.

I rest my case.
Malcolm from Marketing
Klaatu Technologies
#51 - 2014-03-25 21:36:11 UTC
ANYONE ACTUALLY TAKING THIS SERIOUSLY ( other than Erotica )

STOP BEING DUMB.

Sometimes i do lose faith in the level of common sense of pilots in Eve.
TheSmokingHertog
Julia's Interstellar Trade Emperium
#52 - 2014-03-26 03:15:23 UTC
Malcolm from Marketing wrote:
ANYONE ACTUALLY TAKING THIS SERIOUSLY ( other than Erotica )

STOP BEING DUMB.

Sometimes i do lose faith in the level of common sense of pilots in Eve.


Who said common sense helped you forward in EVE?

"Dogma is kind of like quantum physics, observing the dogma state will change it." ~ CCP Prism X

"Schrödinger's Missile. I dig it." ~ Makari Aeron

-= "Brain in a Box on Singularity" - April 2015 =-
Shinya Shazih
Markarian Society
#53 - 2014-03-26 13:13:29 UTC
Jace Sarice
#54 - 2014-03-26 15:24:00 UTC
Erotica 1 wrote:
my trusted escrow agents


You were amusingly plausible until that. All my luls.
Far Wanderer
ACGM Acquisitions
#55 - 2014-03-27 06:53:46 UTC
Shinya Shazih wrote:
Erotica 1, isn't that the one involved in cyberbullying?

http://jestertrek.blogspot.nl/2014/03/the-bonus-round.html
http://massively.joystiq.com/2014/03/25/heres-some-of-the-cyberbullying-that-happens-in-eve-online/
Oh my goodness. Shocked

I really am wasting my breath though, when you can avoid questions from Hexxx and RAW23 like that you must have some seriously devoted investors. --Elizabeth Norn
Setsune Rin
Ministry of War
Amarr Empire
#56 - 2014-03-27 09:00:35 UTC
Bobble Hat
Federal Navy Academy
Gallente Federation
#57 - 2014-03-27 10:17:57 UTC
From what I remember you are probably the least trustworthy person, so I can only assume this is a Troll post Blink

Marcus Gord wrote: Bobble, please get out of my head... Bobble Hat wrote: But it's so nice and warm in here wiggles
Erotica 1
Krypteia Operations
#58 - 2014-03-27 13:36:20 UTC
I've always wanted to start an honest bank to exceed the huge scams. Imagine the shock when it's achieved and there's no scam. Big smile

See Bio for isk doubling rules. If you didn't read bio, chances are you funded those who did.
Bobble Hat
Federal Navy Academy
Gallente Federation
#59 - 2014-03-27 14:08:55 UTC
But banks are not suppose to be honest! An urgent rethink will be required to deliver the appropriate level of corruption the public demands/expects... Maybe a CEO who does a lot of Crash or something would help?

Marcus Gord wrote: Bobble, please get out of my head... Bobble Hat wrote: But it's so nice and warm in here wiggles
Dalketh
DRRUSSEL
#60 - 2014-03-27 17:24:47 UTC
Erotica 1 wrote:
I've always wanted to start an honest bank to exceed the huge scams. Imagine the shock when it's achieved and there's no scam. Big smile



How can you run a bank when you are about to be banned from Eve for being a sociopath?