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EVE Frontier Hires Former Central Bank Economist to Shape Virtual Economy

CCP Games enlists Stefán Þórarinsson to design and refine the blockchain-based MMO's player-driven financial system.

  • Stefán Þórarinsson, a former economist at the Central Bank of Iceland, has been appointed as Head of Economy for CCP Games' blockchain-based MMO, EVE Frontier.
  • Þórarinsson's role involves developing a player-driven virtual economy, aiming to simulate and study real-world economic principles within the game environment.
  • Initial experiments will focus on understanding monetary policy, inflation, and market dynamics in the game's closed alpha phase before potentially opening the economy to real-world currency exchanges.
  • EVE Frontier integrates Ethereum-based smart contracts, enabling players to create custom missions and economic systems, with a long-term goal of a self-sustaining economy.
  • CCP Games views this initiative as an opportunity to advance research on digital economies and decentralized systems, with potential implications for broader applications beyond gaming.
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