How EVE Online's Massive Virtual Wars Are Financed - How Money Works

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eve online, (a massive multiplayer online spaceship game) is probably best know for two things.

Making headlines about it’s massive in game conflicts involving tens of thousands of players and it’s incredibly realistic in game financial system which can make loosing a virtual spaceship just as consequential as loosing a phone or a car in the real world.

Countless magazines, and even much more successful YouTube channels have talked about these two factors individually, but where I think they get really interesting is when they merge together.

For a game about spaceships set 21,000 years in the future, EVE is surprisingly realistic, and that realism extends to these massive wars in the sense that they are expensive.
The in game currency called ISK has an approximate exchange rate of about $6 per billion in game isk. Although it must be mentioned that trading this in game currency directly back or forth for real life money is actually against the rules of the game for now at least and will get you banned.


Even still, this shows that in game assets have a very tangible real world value on the grey market, so when you see headlines about trillions of ISK been lost in these epic battles it gives you an idea of just how expensive it can be to wage entire wars in EVE Online.


But this all begs a bigger question…

Who or what funds these wars?


With a price tag of hundreds of thousands of real world dollars and nothing but virtual space pride in return, it doesn’t sound like a very good deal… Right?


Well, it’s time to learn how space money works, if you enjoy this video please consider liking and subscribing for new video’s like this one made every week.


Ok so there are three really interesting and unique ways these major wars have been funded over the past 2 decades that this game has existed. But let’s start with the most basic one.




#EVEOnline #EconomyOfEVE #HowMoneyWorks


Music by Epidemic Sound & Eve Online Original Soundtrack


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