Business And Economy Archive
Thread: SWG Stock Market
Plunk
JRak wrote:
i dont know i think this would be an interesting idea have players buy stock in NPC companies and try their luck, have the ups and downs randoms or based on events in SWG. you could have buildings in theed,corrilia, and tatoonie where players could buy sell and trade stock. Anyone think this would be a good idea, i would personally like to ownsome sharesof Kuat Drive Yards
1st off, insider trading. exploitation, couldnt happen.
2nd off, the very economy we are in now is a stock market, played to prefection means unlimited profit
Me: Buy krayt coffee! Buy! Buy!!!!
I think the best way to do it would to create a commodities market. The stocks would be units of resources. If you had the top 20 resources on the market and had some way to deliver market info on each resources (scarcity, who uses it, how rare it is), players could buy and sell shares of the resources. You make it valuable by allowing players to take ownership of their resources at any point, but strongly recommending that people who play the game keep them in the system.
It's on my plate of things I might do this year. It'd take a website with some crafty coding.
Yogol wrote:
Keltrien wrote:
I've been thinking about a stock market for a long time now.
I think the best way to do it would to create a commodities market. The stocks would be units of resources. If you had the top 20 resources on the market and had some way to deliver market info on each resources (scarcity, who uses it, how rare it is), players could buy and sell shares of the resources. You make it valuable by allowing players to take ownership of their resources at any point, but strongly recommending that people who play the game keep them in the system.
It's on my plate of things I might do this year. It'd take a website with some crafty coding.
In another game I played ATITD (A Tale In The Dessert) they had this system instead of money. There was no money made in-game, the players made it themselves : a central "bank" gave you a note that sais "1.000 PN" if you gave them 100 of 3 resources. Everyone with such a note could go to the bank and say "here is a note, gimme the resouces", but people rarely did.
But we don'tneed a system like this, because we got in-game money.
I played with the idea to make "RIS-notes" : 1.000 RIS would be worth 1GDK scale, 1 Gurh king hide and 1 Woolamander bone, but after asking around no-one was intrested, so... Even at the contrary, people didn't like the idea, because it would draw away the resources from the market since the bank had to keep them in-stock.
I also had a very similar idea for a stock market on Gorath, but on a much smaller scale. I run a rather large mining company and I was trying to get in contact with who could be the top five mining companies on my server in terms of profitability, harvestor number, resources pulled per week, etc. I've been doing the financial statements (Income Statement, Balance Sheet, Statement of Cash Flows)on my company on a weekly basis since the end of November and I was going to use that to peg my companies worth (and thus stock prices) against my competitors. Not only that, but daily sales and whatnot would influence my companies daily stock price.
It is a huge undertaking and I had people express interest in it, but it was too difficult finding out who the larger mining companies were and getting them to reveal their information. Not only that, I found out that a lot of people actually don't know how the stock market works.
Tramel wrote:
It is a huge undertaking and I had people express interest in it, but it was too difficult finding out who the larger mining companies were and getting them to reveal their information. Not only that, I found out that a lot of people actually don't know how the stock market works.
Yeah, alot of information is needed. It would cost alot of time to gather it and to check it. I mean, if someone says he has 300 harvies, how you gonne check that ?
A good idea, but too much hassle IMHO :-(
- Comoditys market
- Player Market
- NPC market
The Comoditys market
Will be based on 2 things. The number of each resource harvested and the price those resources sell for on player vendors and the bazzar. It would be broken down into the basic groups of steel, iron, copper, ore, inert petro, petro fuel, inert gas, reactive gas, Gemstone, watter, radioactive and the floras (dont know much about flora). Due to the broad scope of each resource it would be near imposible to manipulate the market (think of how much steel is harvisted and sold every day, one would have to buy 10s of millions of one resource in one day in order to affect that resources value)
This brings us to how the resource value will be ditermuned. Since resoruces cant be renamed like regular components it would be relitivly easy to keep track of the ore, iron, steel, etc. sold accross a galaxy. Here is an equasion That wil be explained in a bit:
V = (S * C) * (R / O)
V= Value S= Resources of that type sold C= Average CPU for S R= resources harvested of that type O= Total resources harvested
This equasion allows for the value of the resource to raise and fall with the overall quality of the resource. Lets say for example there is an exeptional spawn of Steel with 1000 OQ (like recently on bloodfin). The % of the total resourecs pulled in per hour will begin to lean toward steel, thus boosting its market value. Also more of this resource would be sold, also increasing its value. The average CPU of steel would also go up also increasing its market value. Now the surveor who first discoverd this amazing steel, if they where smart, would then go buy as much steel stock as he could. Then go and post on SWGCraft.com and any where he could about this amazing steel. The soon to follow boost in market value would then lead him to a nice profit.
Player Market
Basicaly a Stock Market that includes some of the most sucessfull player bussnesses in the galaxy. After one reches a certin number of Unique costomers they will be approched by a buissness man in a city (similar to the "Old Man") He then will ask if they want there company included in Galaxy 500 (or what ever you want to call it). This will then put them into the stock market under the same name as up to 500 other compnanys. If your company then fails to bring in atleast 50 new costomers a month you will be kicked out of the Galaxy 500. (there are always people joining the game so there is an infinite supply of new costomers)
If a company then brings in atleast 15 million a month and has a customer base of 100 (ranging from 75 new 25 old to 25 new 75 old, Also the 15 million has to be devided amungst atleast 20 costomers) then that company may go public. The owner will be granted 100% of his shareswhich he/she has the option of releasing to the public at his companys current value, partining out to any buisness partners he/she has or remaining a privat company and simply having his company name on the stock market. If the owner of the company decideds to sell his/her shares to the public he/she will have to buy up atleast 51% of the shares (he/she must keep atleast 51% at all times). We will not go into hostile take overs because that would be no fun. The rest of the shares are then put up for the market to buy. The owner and the rest of the galaxy are then freely able to buy and sell the remaining 49% of the shares.
I am no Banker (tho i might get my Father to help me on this as he is a Stock banker) so I do not know the intreicacys of how a companys value is detirmuned or by how many shares a company has. However if someone on thise forums does no please chime in 
NPC Market
Will be in the same market as the player market but will have randomly fluctuating companys. It will have the major companys that we see in game now like KSE, Mandel Motors and so on.
Any way thats my 3.1415926535898 credits
What yall think?