CCP Games announced today that it has appointed Stefán Þórarinsson as its new Head of Economy. Þórarinsson formerly worked as an economist at the Central Bank of Iceland, and joins CCP to help reform and deepen Eve Frontier’s in-game economy. As part of his new position, he will also conduct research into digital currency, offering insight into in-game financial systems.
Following Þórarinsson’s appointment, CCP will roll out a series of economic updates to Eve Frontier to analyze how they change in-game behaviors. These include monetary policy and inflation, exploring trade dynamics and the integration of digital assets, as well as gathering data on players’ decisions and behaviors. CCP will roll out the updates within the Founder Access tier, allowing all research to be conducted in a controlled environment.
Þórarinsson said in a statement, “Virtual economies are no longer just systems of play; they are living, evolving financial systems that demand serious study. CCP Games is leading the charge in bridging the gap between in-game economies and real-world financial principles, and I am excited to contribute to this body of innovative work. We aim not just to simulate a wide variety of economic activity but to study, refine, and validate how virtual economies function at scale; EVE Frontier will set the standard for how these systems can be structured, regulated, and understood.”
Hilmar Veigar Pétursson, CCP’s CEO added, “Since our inception, we have strived to create worlds where players transcend the constraints of our own design — a story that has played out within EVE Online as it enters its third decade of operation. With EVE Frontier, we want to be bolder: Stefán’s experience from the Central Bank of Iceland adds vital rigor as we continue to design our economy and open it up to players. By removing currency controls and fostering emergent value systems, EVE Frontier will redefine virtual nation-building, offering insights into both digital and real-world economies.”
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