Market Discussions

People would be just as willing to fill this role as they currently are for third party transactions. You would not need many players who would essentially turn into brokers. It would be extremely lucrative if they were good at it.



A new entity structure would be required (call it a Company) which had a player-defined number of shares and could be either public or private. Would people be willing to invest? Greed is probably the most common defining feature of EVE players and stock traders alike, so yes, I think so. Similarly, the temptation for an alliance to rely on their public funds would be, in some cases, overwhelming. Especially during wartime.

But unfortunately upon thinking it through it is clear there would have to be accountability on the part of the Company directors to avoid the most obvious scams and I can't see that happening. It probably wouldn't be good for the game to be honest.

A pity because I would very much like to be able to directly bet on downward movements in value in the game.

Perhaps the fact that people are using them interchangeably is a clue. I think what folks are after is some sort of in-game credit/debt instrument, that can be bought and sold on an in-game market. I doubt anyone cares what some new mechanism is called in the end. Call them "credit chips", who cares.

In-game shares as they are now are too cumbersome, they are linked to too many things with regards to corp management and security (votes), they are permanent and don't expire as they can end up as zombies in un-subbed accounts. They are inefficient - There is no in-game market interface.

Perhaps what we, M&D should do, is try and come up with a list of what we would like these items to do and not do. Leave the classification, bonds or shares, out it. We'll devise a new sort of financial insturment that is Eve specific.

I've used the share system exensively but it was all private, just close friends buying and trading. If there was a mechanic that increased the security for both my corp and my investors I would probably go public, but as it stands no ****** way...

The very first thought that comes to mind after reading the responses:

Regulation : A player, volunteer body of people who are known to be competent, can show an intimate, dynamic and responsible understanding of the eve market place making the rules and implementing them, overseen by CCP from time to time on a very open and public basis (perhaps a whole new eve subject VIA forums) and then using a rather light version of CSM elections to chose board members.

With regulation, comes punishment for those who wish to abuse the system, making sure we do not repeat the mistakes our current governments are making right now, perhaps even giving it a try for experiment sake to see if something like this could work in a game before showing corruption is not necessary.

I personally could volunteer 4-8 hours per week.

Like what? Even a permaban on your scam account would be a small price to pay if you managed to pull off a brokerage house heist and that would be an awful precedent. All possible punishments are of the character rather than the player so I don't see how it would work.

Why so complicated? If CCP created some kind of financial instrument, we could buy and sell on the market, then what we need as players is some kind of historical record on what this entity (player, corp, alliance) has done with their past financial instruments.

If they're in default, suspect flag them, the entire game becomes the "merc force". Simple.

This still leaves plenty of room for player run audits and rating agency like activities with out all the burdensome overhead.

Then it will fail as a feature. There is no trust in Eve. Setting a defalting party suspect will at least provide consequence. Some where along the line, there has to be a trigger for consequences that does not rely upon the player base, a pack of cats, trying to herd it self.

A lot of totally out of context topics are creeping into this thread..

A stock exchange should be like the real world. You do not get some protection from an investment in the real worl going to junk paper value. No one is forcing anyone to invest in dodgy or questionable businesses..

There would naturally develop a range from very trusted and safe, with low potential ROI and all the way to potential high ROI and even scams..

That is the nature of stocks and bonds.. ccp should not start policing any system of this nature.. The one exception might be if an npc participating stockmarket was introduced. That again is a whole different discussion.. A valid one, and def worth considering for a later upgraded expansion on the topic of shares and stock exchange.

If we were to talk about an npc participatory exchange, it would need to be all moved onto a market sever of its own, and preferable access would need to also be from outside the client. The traffic alone potentially generated would mena it would need to not potentially lag and stress ingame environment, and it might need to be on a 1 day game related data delay. So it got refreshed/updated with ingame data at downtime.

Back on the topic of the trial and testing phase concept. The needed features are simple and should remain so initially. Just like the API was introduced with a rather limited functionality and low utilized options.

Once upon a time you could pull isk from wallet directly into your hangar. If something like this was possible for shares we would basically have the first step. The unique item ID is the vital aspect, and the only really important one. Its also a very useful step for ccp in case they are thinking of making other modifications and unique player skins and whatnot an option.

Once we have this unique item and the ability to track them, we can develop ALL the other related needs ourselves. It would ofc take some time to figure out how to operate these tings, and what small added functions might be needed. Locking down other assets than just BPOs might be really useful, like secure cans which could act as collateral functions. Especially if access could be handled more like chat channels and have character ID access instead of passwords. Again these are not need to haves, but nice to haves.

Also if we could have the ability to pull out money/isk from wallet like we used to such liquid assets could also be locked down, without needing to use outside 3rd parties. However the integration with other corporations, alliances and individuals is the whole point. This would be what created the new types of gameplay.

tl:dr

Who would not have liked to invest isk in Somer or EOH if they had done an IPO to pay for development using isk? Or Pro Synergy, or PUSH and Red Frog?

All these things will become very relevant if we get a bottom up salary and labor driven economy to a much higher degree than we have now.

I managed the only available stock exchange. http://www.bsacse.amxg4.com

Anyone considering going "public" should consider listing in the Exchange.

That's a great idea! Why can't we have an expansion centered around this for once?

Sigh, next expansion will probably have 5 new ship classes, a few revamped ship models, and yet another sov model.