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Eve Online creator CCP Games has appointed a former economist at the Central Bank of Iceland as its new Head of Economy. In this role, Stefán Þórarinsson will be conducting “experiments” where he will tinker with the virtual economy of its upcoming blockchain-based survival game Eve Frontier—in the quest of creating the perfect player-driven financial system. Þórarinsson believes that there aren’t any significant differences between working with real-world economies and virtual ones. That said, the major challenge he sees is the lack of research and data there is regarding virtual—and especially blockchain-backed—economies. As such, his first “experiment” will mostly focus on recording and observing how the world of Eve Frontier works while the game is currently in a closed alpha state with a limited player pool. Eve Frontier is being built in the Ethereum ecosystem on Redstone, a gaming-centric network for autonomous worlds created with Optmism layer-2 scaling tech. “We want to do mappings of the pricing system, so when there are changes, we know what’s going to happen.” Þórarinsson told Decrypt, “We need to get data on how monetary policy impacts the Frontier economy and, in the best case scenario, we would get the demand curves and supply curves. We need a lot of data.”  “The next experiments are contingent on the results from this experiment,” he explained. “But the goal is just to get a better understanding of the closed economy before we decide sometime in the cycle that we will open it—and then we get more information.” By a closed economy, Þórarinsson is referring to the game not yet having a token that can be exchanged for real-world currencies. Once the economy opens up to this possibility, the stakes get much higher. Given that, he wants the financial system to be as perfect as possible before then.…

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Filed under: News - @ March 7, 2025 8:20 pm