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

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 le