Sunday, September 29, 2013

The West and Grey Contract Trick

After moving to Saranen and getting into the faction web and tracking computer production The Hatchery was doing quite well. Then kwark happened to sell around 26 bil of webs to West and Grey then we started asking questions. Eventually Apturan and Karah figured out that West and Grey wasn't just bulk buying faction items, but selling them as well on the contract market. After a bit of discussion on how this all worked out, kwark got over 100b loaned to him to help his liquidity and actually break into the contract scene.

With a starting base in the faction webs we were producing he quickly expanded that into faction gyros and eanms, as well as a few other items. Things went well and a few weeks later, West and Grey contacted him and talks were had. About a month later West and Grey agreed to sell kwark his contract monopoly for 400b and 9b weekly in exchange for WG's mailing list and stocks. A month after this happened, kwark had built this into a trillion isk monopoly that was even larger than what West and Grey initially had.

Suddenly Crucible 1.1 happened and CCP stealth patched the contract interface, completely stopping the contract trick from working any longer. Eventually the contract market became completely obsolete as faction mods were added to the market interface. Yet kwark still made over 1 trillion isk, West and Greay profiting about the same (likely more depending on how long his monopoly was up and running) and members of The Hatchery getting a few hundred billion each.

Link to kwarks post on the eve forums: https://forums.eveonline.com/default.aspx?g=posts&m=939778#post939778

Link to the post in TL forums: http://www.teamliquid.net/forum/viewmessage.php?topic_id=88359&currentpage=1014#20274

But the question remained: What else could we do with this kind of liquidity and how profitable could it be?

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