Player Features and Ideas Discussion

I have seen different threads over the years asking for development of a Eve Stock Market so Corps can use the shares they have available should they choose to issue them. I have mulled this idea over and over again in the last decade plus and haven't been able to figure out the 'perfect' system that could be implemented. That said, here is my effort to offer an idea.


This experiment forms a stock exchange based at the Dodixie Hub. Working name: The DodiX

To qualify to be listed on our exchange you must comply with the following:
-Your Corp must be 3-years old or older.
-Your Corp CEO must be 3-years old or older.
-Your Corp must provide FULL API access for use with jEveAssets. We will NEVER share this information with anyone.
-Your Corp must maintain an agreed minimum balance in their Corporate Wallets. This is a reserve requirement and determined by the DodiX. This liquidity is just one factor in our overall evaluation of your Corporation.
-Your Corp must declare intentions to keep shares privately held or open a fixed number of shares for public sale.
-Your Corp must declare all outstanding shares of stock and must also report to DodiX any time additional shares are offered/sold.
-Manipulation of your Corporation stock prices through exploitation of market orders is forbidden.
-Your Corp pays a monthly listing fee of 20m ISK (minimum 6-mo subscription) to maintain the stock listing of your company.
-Failure to comply with ANY rules may lead to the removal of your Corporation from the Exchange.

Obviously as we go along we will find stuff that works and stuff that sucks. There will be fraud, scammers and cheating. Just like Enron cooked the books and Bernie Made-Off with the money we will see shenanigans forever in the world of Eve. I know there are better ways to approach this but I wanted to at least provide a start. We don't act as a middleman in stock trades but rather display the financials we have available to prospective stock buyers. Caveat emptor

Dodixie Stock Exchange Website

Thoughts???

And how does the scam work? Who is the scammer? Can you be more specific?

wrong forum m8 but do let us know how many fall for it

The aim is to take the financial information based on the API from the corp and post the financial information from the members of the exchange for others to see. Yes, I see where the Corporations could scam and the CEOs could take off with the monies collected from the sale of the shares.

In order to be listed on the exchange there needs to be criteria to follow to weed out the potential scammers and deny their listing on the exchange. Always knowing there is no guarantee.

What pieces of information do we have available to us to make a half-assed determination as to the credibility of a Corporation and the CEO/Management? I thought if a Corp was at least 3 years old I would have some history to add to the financial information to help determine if the Corp was credible enough to list. I also thought the CEO should be at least 3 years old. Not foolproof but it is a start. Maybe it should be 5 years..new corporations wouldn't be eligible for listing.

In real life I held a series 7 brokerage license starting back in the 90's until retiring a few years ago. So this type of stuff is of interest to me. The economics of Eve is what got me hooked back in 2004 even with the broken/non-existent stock functions. The exchange will not be involved in the trading of shares nor collection of ISK. We are not collecting a commission for any trades. Never acting as the middleman in a trade. The exchange is simply aggregating the data from jEveAssets, checking the background of the Corp and its principals as best as possible given the limitations, then posting the findings at the website as a price per share based on current assets and shares of stock outstanding. All shares outstanding should be maintained as "public record" including the owners. Any trades of those shares should be registered and tracked. I can tell from a few of the responses that this is a very negative subject and ripe for ridicule. That said, I am going to try to get a half dozen or a dozen Dodixie area Corps to apply for listing of their Corps. Put each of them through the screening process and then track everything for a few months to see if it is workable.

Correct, so scrutiny must be give to the CEO as well as the Corp when determining if they should be listed. I see there are a few vets posting here. Maybe a few of you would be willing to be on the review board and help me determine if a Corp should be listed or not?

lol i like a challenge. you actually get this set up and i'll help you

You have no way to do this though. Everyone who has a 3 year old corp will have an incentive to use it to scam. So what if you black ball Teckos Pech, I take the money and create a new character, buy a 3 year old corp and do it again, and you won't be able to stop me from doing it.

IRL, people do have legal recourse and there are severe legal penalties for bad actors. In EVE there are no severe legal penalties such as forced incarceration....what you have to log in and sit at your keyboard for 8 hours a week doing nothing but staring at the screen? How are you going to enforce that?

Good luck with this, but if you are not running this as a scam others will and it will go pretty much right down the crapper.

I see that several of you have received tons of likes for your posts which leads me to believe you are credible Eve gamers.

Are you telling me you can't think of 2 to 4 Corps/CEOs that you feel are honest enough to participate in this experiment? I realize that Eve has it's share of dishonest pilots out there but is it the vast majority? We couldn't come up with a review process that limited abuse by Corps? Be very very limiting at accepting Corps for listing. Have a review board of 5 that could include some of you here. Once a Corp applies to be listed on the Exchange, we take the API data and do our best to verify what information we have. If you, as a board member are just not comfortable with the Corp that is applying then vote NO. Maybe establish a probation period where we monitor their financials over a few month period before listing them on the exchange.

I agree this is not an easy endeavor, in fact it is very hard....it has a good chance of failing miserably too. But maybe there will be some good ideas that spawn from it. Maybe it would show CCP that there is enough effort and passion in the Eve Community to develop an aspect of the game that CCP really should be developing. No, we can't penalize nor fine people for dishonest behavior either and simply removing their listing from the exchange will deter nothing.

Would any of you be will to lend me a small amount of time to be on a review board?
We get the submissions from Corps wanting to be listed on the exchange. Retrieve their API data as well as current CEO and other information available for as much of a background check as we can do. The review board does their digging as well and decides by majority, super majority or unanimous vote if a Corp should be listed or not. We may lack enough information to make you comfortable voting YES...vote NO and offer a reason and the possibility of a Corp reapplying at a future date, again we could put them on probation until time to reapply.

I think you're missing the point there young Jedi... Shares IRL and "shares" in this game... do not work like each other.

Shareholders IRL in a REAL company physically OWN a piece of a company... more shares cannot be created without a majority ruling by the majority stockholders. There are HUNDREDS of checks and balances to be had to keep the shareholders in line and stop them from devolving into a financial crap storm.

The PRIMARY DIFFERENCE between this game's "shares" and IRL Shares... is the IRL Shares have a DOLLAR value... Each one costs money to own, sell, buy, and create... each share in an IRL company has a physical and tangible monetary value per each share... and the creation of MORE shares devalues the value of each previous share and all subsequent shares that are created afterwards. This generally pisses off shareholders.

You can't just TAKE shares from a shareholder IRL without a court order or a death.

In this game... these things just simply do not exist.

And as such... this "new" system you and hundreds of others have come up with in various ways... just simply cannot exist... simply because the IRL equivalents... CAN'T exist. :-)

Best Regards,
SGT Funyoun.

P.S. I had wanted this once too... but then someone explained this to me. :-/