DUST Search - One Universe, One War, Two Economies

CCP Nothin wrote:

Bling Blaine wrote:

CCP Nothin wrote:

The presentation we gave with Dr. EyjoG at Fanfest this year has 48 minutes worth of informational goodness regarding this very topic. Check it out if you're interested in a deep-dive on our thinking in terms of merging the economies.

Link: http://www.youtube.com/watch?v=-pzODp6-hO8

As far as the short term plans go, we are looking to enable taxed currency transactions between EVE and DUST (and perhaps player-to-player trading of items within DUST). This is coming as soon as we have the necessary features in place to support it and have a good feel how the economy is balancing out within DUST. Then, we'll carefully observe what happens, analyze the results and determine the next steps forward. Having full-on secondary market are high on the list of priorities for the subsequent economy features.

I appreciate your longwinded report but, a player to player trade feature Can't be that difficult to design and implement can it?

Also Eve to Dust isk transfers wouldn't hurt the economy? Are you thinking ok? Your affraid you might hurt the economy with any wrong moves yet your willing to let eve give billions to dust mercs? I dont get it?

Implementing player-to-player trading isn't a trivial, but definitely doable in the short term. We are working on it and hoping to get it in if not for the next release, then the one after that. I would love to help speed up the process, but I don't think you want me touching the code unless you are willing to risk universe-shattering dupe bugs and the like. I'm an economist after all, not a programmer Smile

When it comes to managing the EVE-DUST ISK transfers, there are several different factors that play into the meaningfulness of the ISK flows from EVE towards DUST. One of the important ones is the NPC price level in DUST. By adjusting the DUST prices, we can increase or decrease the value of EVE ISK towards DUST. Such price adjustments don't have long term effects on the internal DUST economy, either. While initially devaluing savings (i.e. the ISK in your wallet), long term effects would be limited since the instant battle rewards are essentially a interlinked cycle of consumption and rewards. When the prices go up, so do the rewards. In other words, when HAVs worth 50M get destroyed in battles, a similar amount of ISK is given out as a reward.

The overall goal is to find a meaningful balance before we fully open up ISK transactions. People should be able to sponsor their DUST characters with EVE ISK, but the cost of doing so should neither be trivial nor prohibitively expensive. But it should be meaningful.


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Vrain Matari ZionTCD Unclaimed. 545	Posted - 2013.05.28 13:05:00 - [1] - Quote CCP Nothin wrote: Bling Blaine wrote: CCP Nothin wrote: The presentation we gave with Dr. EyjoG at Fanfest this year has 48 minutes worth of informational goodness regarding this very topic. Check it out if you're interested in a deep-dive on our thinking in terms of merging the economies. Link: http://www.youtube.com/watch?v=-pzODp6-hO8 As far as the short term plans go, we are looking to enable taxed currency transactions between EVE and DUST (and perhaps player-to-player trading of items within DUST). This is coming as soon as we have the necessary features in place to support it and have a good feel how the economy is balancing out within DUST. Then, we'll carefully observe what happens, analyze the results and determine the next steps forward. Having full-on secondary market are high on the list of priorities for the subsequent economy features. I appreciate your longwinded report but, a player to player trade feature Can't be that difficult to design and implement can it? Also Eve to Dust isk transfers wouldn't hurt the economy? Are you thinking ok? Your affraid you might hurt the economy with any wrong moves yet your willing to let eve give billions to dust mercs? I dont get it? Implementing player-to-player trading isn't a trivial, but definitely doable in the short term. We are working on it and hoping to get it in if not for the next release, then the one after that. I would love to help speed up the process, but I don't think you want me touching the code unless you are willing to risk universe-shattering dupe bugs and the like. I'm an economist after all, not a programmer When it comes to managing the EVE-DUST ISK transfers, there are several different factors that play into the meaningfulness of the ISK flows from EVE towards DUST. One of the important ones is the NPC price level in DUST. By adjusting the DUST prices, we can increase or decrease the value of EVE ISK towards DUST. Such price adjustments don't have long term effects on the internal DUST economy, either. While initially devaluing savings (i.e. the ISK in your wallet), long term effects would be limited since the instant battle rewards are essentially a interlinked cycle of consumption and rewards. When the prices go up, so do the rewards. In other words, when HAVs worth 50M get destroyed in battles, a similar amount of ISK is given out as a reward. The overall goal is to find a meaningful balance before we fully open up ISK transactions. People should be able to sponsor their DUST characters with EVE ISK, but the cost of doing so should neither be trivial nor prohibitively expensive. But it should be meaningful. It's a very interesting task you have here, CCP Nothin - Overseer of galactic economic mergers ;) As I understand things right now, the current thinking is that manufacturing of DUST equipment will be done EVE-side, at least at the beginning. It seems like the most natural, but still safe, way to address the unification of the economies is to set the mineral and other input reqirements(blueprints, salvage, datacores, etc,) for the manufacture of all DUST items and then un-fix prices in DUST without opening the ISK/materials wall you've put in place. This would mean that prices in DUST would become dynamic and a mirror of the EVE economy. It would give DUST players time to adapt to a real economy, allow DUST players to speculate within DUST, and generate a lot of useful data on player behaviour for you peeps at CCP looking at this issue. Because the economies would still be closed, you could scale the value of DUSTISK to EVEISK so mercs would not experience price shock at the beginning and then adjust the relative value of DUSTISK later until relative values in the economies dovetailed. This way, when you slowly open up the ISK faucet you will hopefully get a smoother transition to a coupled and eventually unified economy. TL;DR The only rational way to set prices in DUST is by instituting EVE-based cost of manufacture for each item. The next step would be allowing DUST pricing to mirror EVE market pricing while still keeping the economies decoupled. P.S. Wouldn't you love to have a magic economy reset button and just pull the pin on unification to see what happens? I'm betting a few interesting research papers would come out of that excercise ;)