How to Make Money with a Corporation in Eve Online

It’s not everyday that you can make money playing video games. But, if you happen to be a popular enough streamer on Twitch, you may be able to fund your future EVE travels with earnings from just playing a little bit of video game.

What is EVE Online?

If you’re not familiar, EVE Online is a massively multiplayer online game that’s also available as a standalone program. Developed by the extremely successful PC game developer CCP Games, EVE is known for its extensive lore and the immersive gameplay that results from the game’s science fiction setting and narrative-driven storytelling. Playing as corporations in the game, your goal is to establish yourself as an empire by accumulating power in Eve Online’s galaxy map. As you accomplish tasks, you’ll earn in-game currency that can be spent on new equipment, ships, and more.

Why would someone want to play EVE Online?

Since its first official public release in 2003, EVE Online has accumulated a massive player base of millions of enthusiasts. The game’s primary audience is definitely the ‘hardcore gamer’ type: people who enjoy spending lots of time playing computer games and seeking out challenge. But the game’s appeal goes beyond simply attracting a large audience. As a business or corporate player in EVE Online, you’ll have the ability to establish yourself as a force to be reckoned with in the game’s ever-evolving galaxy.

How to Start Up a Corporation in EVE Online

One of the core gameplay elements in EVE Online is contracts. These are essentially side-games that you can join if you choose to do so. There are hundreds of different contracts available in the game, each with their own set of instructions, goals, and challenges. When you complete a contract, you’ll be rewarded with in-game currency that can be spent on various items and amenities that will make your life in the game more comfortable. It’s a great way to earn extra money with little to no investment other than the time to complete a few tasks.

There are four steps to establishing a corporation in EVE Online. The first step is to create a corporation profile, which can be a bit like creating a resume in reverse. Unlike a resume, which usually focuses on your previous work experience, your corporate profile will list all of the different roles and responsibilities that you have in the corporation. This includes the roles and responsibilities of any directors or officers that you may have, along with your current standings in the corporation’s leadership hierarchy. The more you put in your corporate profile, the more opportunities you’ll have to join a variety of contracts and make money in the game. After you’ve created your profile, you can immediately start working on your first task. This can be as simple as killing NPCs (non-player characters) for treasure or establishing a base camp in an uninhabited system and mining the ore to earn cash. Once you complete your first task, you’ll have the option to accept a new job or continue on with your existing responsibilities.

How to Operate a Corporation in EVE Online

Once you’ve accepted a job in a corporation, you’ll have the option to select where you want to work. There are five locations that you can select from, each with its own distinct set of benefits and responsibilities. Some locations are heavily guarded territories that require a military presence to maintain security, while others are lawless space where you can engage in virtually any business activity you please without fear of prosecution. The selection of your new location will depend on your corporation’s needs and the type of work that you want to get done. When you operate a corporation, you can also select what type of missions you’d like to complete. There are hundreds of different mission types available in the game, ranging from simple treasure hunts to escapades that last for months. Your choice of missions will depend on your corporation’s skills and equipment, as well as the time that you have to dedicate to this work. Regardless of your mission selection, you’ll have the option to take on contracts from various partners that are available for bid in game.

One of the primary responsibilities of a corporation in Eve Online is to maintain a stable mining operation. In order to do this, you’ll need to build structures like extraction plants, refineries, and data centers, as well as purchase equipment such as refining platforms, mining lasers, and more. As a corporation grows, so does its demand for equipment and energy, which can lead to a serious economic imbalance in your favor. To avoid adverse economic situations, you’ll need to carefully manage your mining operation. Keep an eye on your energy usage and purchase energy storage units and greenhouses to keep your growing economy stable. You’ll also want to grow your own food and fuel for your operation, as well as purchase boats, stations, and other forms of transportation to get the ore and resources to marketplaces that you choose to operate out of in your area. A stable mining operation is a crucial part of any successful corporation in EVE Online.

How to Manage a Corporation in EVE Online

Once you’ve successfully operated your mining operation for a sufficiently long period of time, you’ll be able to move to the next step in your corporation’s development. The first step in this transition is to equip your miners with personal protection equipment like hard hats, safety goggles, and dust masks. Next, you’ll want to establish communication systems throughout the area so that you can stay in touch with your employees. This can be as simple as buying a mobile phone or taking out a cell tower lease. If you have a sufficiently long stretch of land that you’ve cleared for building purposes, you can establish a base of operations and select a site for your corporate headquarters. This headquarters location will serve as your nexus of activity in the game, coordinating all of your operations. Before you can move to the final step, you’ll want to have a place for your corporation to meet and discuss business. One option is to build a structure like a conference center or hotel on your real-life office property.

Once you’ve completed all of these steps, you’ll have the option of entering into an alliance with other corporations. An alliance is essentially a formal business partnership that can exist between two or more corporations in the game. When you enter into an alliance, you’ll have the option to share a portion of the fees that you earn in return for completing missions and tasks with other entities. This is a great option for those who want to make money in the game but aren’t interested in founding an independent corporation.

If you’ve been playing EVE Online for a while and have amassed a considerable amount of in-game currency, you may also be able to make some serious bank. The game’s economy is entirely based on player-to-player trade, and as a result, the value of in-game currency tends to rise and fall based on supply and demand. For an in-depth analysis of how the economy in EVE Online works, check out our comprehensive guide to the game’s money markets.

How to Travel in EVE Online

If you’ve been playing for a while and have established a successful corporate presence, you can finally travel the galaxy in style. You’ll have access to dozens of different ships that can be outfitted with all of the latest gadgets and technologies. One of the primary jobs of a ship’s captain is to crew and maintain his vessel. This can be both challenging and rewarding, depending on your skill level. Some boats can be expensive to lease and maintain, while others can be a real bargain. As a result, the decision to lease or own a ship is usually based on the corporation’s budget and its desired play-style. When you travel in a fleet, you’ll have the option of selecting the type of ship that you’d like to use. Depending on your skill level and the size of your corporation’s bank account, you may be able to rent a luxury vessel for the duration of your trip.

Summary

There’s a lot that goes into establishing a successful business in EVE Online. From selecting the right location to establishing a mining operation, these are all important steps that can make or break your business. You’ll also want to ensure that you have the proper legal documentation in place along with a good accountant to help you manage your books and expenditures. But if you follow these straightforward steps, you’ll be able to make a lot of money in the game. Once you’ve earned a substantial bank account, you may also be able to fund your real-life travel experiences too. So, if you’re looking for a way to make extra cash, why not give gaming on the PC a try?