Some hours ago, I have received 80B from RAW23 (Kara Roideater).
Unlike the 10B mentioned in the first posts, this is a pro-charity investment capital. That is, the revenues will accrue the charity master fund but the capital is factually still owned by RAW23.

This also means that the 80B won't end in the charity's master fund, because the charity's charter explicitly forbids ANY withdrawal of any kind except when forwarding the whole master fund to CCP (that is, during the emergency initiatives).

Therefore in the next days I'll study an hedge fund to hold the capital, possibly with the aid / exit strategy of having a RAW23 alt able to withdraw the sum in case I become unable to operate in EvE for any reason.

In my idea it would evolve into a listed fund and even into an open ended fund.

I'll gladly accept constructive ideas about how to practically implement the idea and how to file it into the fund of funds balance sheets. I think it could become just another Sister Fund, but there might be better ways.

I'm not an MD 'regular', but I have been following MD since I started playing EVE 2.5 yrs ago. It was always fun to read your posts RAW and you'll be missed.

Is it too early to reserve 10b in your "I'm back and need a kick-start bond"?


Shame to see you go but I guess with the long enforced break things looked different

I have now decided to leave eve

You'll be missed RAW. Thanks for all the high-quality posting and strong personal ethic you brought to this forum over the years. I hope Flakeys is right and that you'll be back

Also - 35 bil? You'll need more than that unless you want me to knock you off the top spot one day. You know I will do it just to see your name below mine on that list

Nice ponzi scam scheme.

After consultation with VV we came to the mutual conclusion that this would not be the best way forward and VV returned the isk to me. I have now decided to leave eve and have signed over my 35bil invested with Grendell to the fund. This is a direct donation and not a management/investment agreement. The isk now belongs to the fund. Which I think allows me to nick the top donor spot from my great former business partner Rykker

ItGÇÖs with great sadness that I see you go RAW, I sincerely hope that this is just a hiatus and youGÇÖll find yourself drawn back to the game in the not too distant future. I find the timing particularly upsetting in that I myself am getting ready to get back into the swing of things after my own hiatus and was quite looking forward to catching up with you, reminiscing on old times and seeing what schemes and plans we could have made for the future. Wherever you go I wish you the best of luck to you and yours.

I applaud your donation to the VAERT fund and humbly step aside from the top spot. Enjoy the spotlight my friend, youGÇÖve earned it.

For my own return I look forward to talking to all my old friends and seeing who is the next up and coming star in the MD world. I do believe I may be in need of a small loan to get back on my feet in the near future. IGÇÖll have to assay my assets and see what exactly I have available. By my last count I gave away 75 billion to friends, including some to the VAERT fund, when I left last year and a quick infusion to get things rolling again would be a great kick start. Keep an eye out for the next Rykker Bond.

Today we had proof the earthquake that occurred in Italy was quite powerful. Besides destroying entire industrial areas, satelite measurements found out that the whole affected area terrain rose by 12cm (4.7 inches).

We still are experiencing quakes even as of today.

I have asked CCP if they could open PLEX donations to send there.
If they do, please put an hand on your heart and help us out.

Vaerah Vahrokha ,
Is Vaerah Vain your alt?

Yes, even if it's actually a bit older than this character.

Vaerah Vain would have been my main but as I realized I'd need a pilot in hi sec and one for PvPing in low / null sec I created Vaerah Vahrokha. Both were and still are almost photocopy characters (skills wise).

Why are you asking on this thread? I replied to you about this in the other thread already.

I've sent a 'small' donation to the fund, as I'm unsure when I'll be back from the current round of 'vacation.'

Good luck, and I'll continue to watch things from outside.

Is this your fake company that you use to launder money/RMT?

Is this your fake company that you use to launder money/RMT?

it would be nice if you could add the actual amounts in the top doners' list. people would be more motivated to participate.

I'm curious - are ISK donations that are converted to PLEX that are given to CCP who then give cash to charitable organizations...

Tax deductible as charitable donations on schedule A of my 1040 tax form?

VV

with regards to your fund.

Techfree Investment Group Via iCandy Bond #5 would like to donate a Modest 10% of my Profit (After paying back investors & their interest payments) for the month. obviously at the conclusion of the bond.

Should be in order of ~100m, ( i Said Modest ) a 'Tithing' if you will.

Also: Free Bump!

Why would anyone donate through you and risk that their money does not go to charity. When they can donate themselves?

Why would anyone donate through you and risk that their money does not go to charity. When they can donate themselves?

GÖÑRawGÖÑ

5) There isn't much of a risk. a) CCP has said they will not tolerate the plex for good drives being used for scams because they have real world ramifications; b) VV has an excellent track record, including managing the donation of something like a hundred billion to the last drive; c) many people believe that VV is too stubbornly bloody-minded to even be capable of going against her word (whether this is a character flaw or a virtue is debatable).

Why would anyone donate through you and risk that their money does not go to charity. When they can donate themselves?

I am back playing eve again Hopely send more isk

VV

with regards to your fund.

Techfree Investment Group Via iCandy Bond #5 would like to donate a Modest 10% of my Profit (After paying back investors & their interest payments) for the month. obviously at the conclusion of the bond.

Should be in order of ~100m, ( i Said Modest ) a 'Tithing' if you will.

Also: Free Bump!

hi vv

just wanted to know if you knew when ccp was gonna do this again, has it been confirmed recently(things change) that this is still the case?

I suppose that a RL disaster has to happen first, then CCP would create the devblog for it.
If anyone volounteers to open a ticket with CCP and ask about it, ATM I have my two open and looking at how slow they are replying I am not going to be able to open another for some more weeks to ask them.

I've found the next Emergency Relief Initiative project. Link.
Should contact CCP and encourage them to fight this upcoming potential disaster.

More isk sent + Free bump

more isk sent
2012-2013 2b total donated to Vahrokh's Emergencies Relief Trust

CiCi got banned for something FYI :(

Sent 7m from from the proceeds of this "investment"

July update

No donations this month.

I think it's due to the fact that it's a long time since the last humanitarian emergency and people tend to reduce their attention when everything goes well. Anyway, the fact nothing hugely bad happened since years is a good thing!

Another factor is: I had to work with CCP and perform selection on the donors. Some of them had less than a pristine background and the risk of getting tainted ISK was tangible. The choice to leave them out was inevitable, for the best of the Fund.

Tainted isk?

ISK that could have been made in EULA breaking ways.

Just a heads up, I've found a new home for the isk. Expect some interest payments from this bond.

Are you able to go into further detail?

Another factor is: I had to work with CCP and perform selection on the donors. Some of them had less than a pristine background and the risk of getting tainted ISK was tangible. The choice to leave them out was inevitable, for the best of the Fund.

Have CCP give any indication that they might run another PLEX for good drive in the future? I realise that with some of their recent business decisions () they might not have much profit to write off against taxes with charitable donations but if they have suggested that they would be inclined to repeat the exercise some day I would be quite tempted to put together a little project in the not too distant future to boost the fund's holdings a little (nothing major planned but an injection of a few bil that I would not otherwise be motivated to grind).

Edit - btw, your site seems to be down.

Perhaps you could take steps to ease your very heavy nearly unbearable burden a bit? Stash everything in a corporation, you as the CEO, one other pretty trustworthy corp member with no roles, and a first-rate trusted third party outside of the corporation with 100% of the shares?

We all know the shares system sucks when trying to secure stuff, but in this case the goal is not securing, but making sure the stuff remains accessible in a classic hit-by-a-bus scenario.

I don't know anyone who is ready to keep up with a multi-year task like this... and for basically nothing but charity.

Even Chribba has stopped sending updates about how much NAV is currently his sister fund worth. Since a long, long time.

I figured it was better to report changes than non-changes from my side, hence the darkness, as there hasn't been made any deposits.

/c

I sincerely don't know, I asked them in the past and this kind of initiative was still active. I could ask them again and tell you the reply.
If they took it down it'd be a big pity.

Strictly speaking about ISK, it'd not be a big problem: the fund is so heavily recorded that I could easily send ISK back to the post PLEX for Japan Donors with 2 digits of precision.
It'd also relieve me of a very heavy burden: to hold someone else's money with the highest and noblest mission of all (charity) for years, without having a way to automatically give it away to someone else in case of my inability to play EvE.

Agreed. It would be a great shame if they stopped it.

QFT

The concept provides me with motivation to make money in Eve. At the end of the day, I hope to give everything to charity. In fact, my biggest fear now is that CCP have stopped doing this, which would be a death blow to my Eve life.

I think Viaris did the right thing and gave everything he had to charity for the Japan drive. I did not have the guts at the time (or the money for that matter) to do the same. Just praying that CCP open it at least once more, so I can finally do something useful with these pixels.

hence the darkness

Just to let people know, we are currently discussing our next charity drive. I am unable to comment if it will be a PLEX for Good drive like in the past, but we have not abandoned our charity initiatives.

As long as I can convert the donated ISK into whatever you choose it's fine.

It would be very sad if it wasn't possible to donate converted ISK to the future charity drives.

I don't see CCP Eternes statement as particularly reassuring in that respect.

I remember that in previous financial statements they were logging the code being developed for DUST as an asset valued at the cost of producing said code but I suspect they won't be able to maintain the fiction that that particular asset is still worth what it cost to produce for too long in the face of the reality of that game's failure.

The failure of DUST in it's current guise isn't much of a suprise. But what CCP said at EVE Vegas suggests that they'll roll DUST and Valkyrie into EVE anyway so that at worst they become somewhat expensive (for CCP) expansions to their core product instead of orphaned product write-offs.

Seems like it's been a while since CCP did any donations for RL disasters. What about this typhoon business in the Philippines? Is there anyone we can contact to see if they plan a donation of some sort?

By the way, if CCP go ahead with this, and if it is ok with both you and Grendell, I would warmly support the liquidation of the 35bil Grendell holds and its conversion into PLEX.

That 35b is currently in a bond, normally i would find a replacement investor but in this case it's looking like the loan will be defaulting. So in this scenario I could always front the isk until that liquidation is finished.

Please consider liquidating the investment only after CCP confirms the charity drive.
If they don't, as RAW23 noted, VAERT gets some tangible benefits from the interests.
If Grendell sends the ISK and CCP does not confirm, the VAERT bylaws and articles of incorporation forbid giving it back, so the interest derived income stream would be lost.

@CCP_Falcon

@BennyOj @CCP_Manifest @CCP_Guard We're currently discussing something internally with regards to this but can't really talk publicly yet :)

Any update here VV?

There is one but the CCP dev who replied me, explicitly forbade me to tell a single word about it.

I see PLEX FOR GOOD on the character selection page.

KK let me know when you're allowed.

CCP Bro will also have another Dev Blog lined up for you next Wednesday, November 27th, with more details of a surprise that will hopefully make this the most successful PLEX for GOOD drive to date.

Attention please

While I silently sgnatched a number of PLEXes the second the news became public, I foresee they will greatly rise in the next days.

However I still have ISK to spend on them.

If somebody with high Jita standings could please buy me some and contract them to me, I will gladly pay halfway sell - buy orders of Jita IV CNAP price to him.

Attention please

While I silently sgnatched a number of PLEXes the second the news became public, I foresee they will greatly rise in the next days.

However I still have ISK to spend on them.

If somebody with high Jita standings could please buy me some and contract them to me, I will gladly pay halfway sell - buy orders of Jita IV CNAP price to him.

Shall I withdrawal the full amount and send it over?

Does anyone know if these are directed donations (ie the charity must spend the money on disaster relief in the Philippines), general donations to the Philippines campaign (can be spent on adverts soliciting more donations for the Philippines, admin overheads etc) or just indiscriminate donations to the Icelandic Red Cross? This matters.

This is going specifically to the Icelandic Red Cross fund for Philippines relief.

There's a lot of legality surrounding a charitable drive like this that has to be taken into account, which is why it took a little more time than usual to get the ball rolling and open up for donations (I've been buried in talks and shenanigans with the amazing CCP legal team - who deserve massive hugs from everyone at next Fanfest - since Monday morning to make sure that this is all done properly).

Part of that deal is that we (CCP hf.) are a business, and as such we have to present the charity with a legal contract that specifies the nature of our donation drive, and to what cause we're donating the funds. They have to agree with this, and when we sign it we're both then legally bound in a contract that specifies where the money goes.

The result is that we now have a very robust framework in terms of both legal documentation that we can adapt to approach any charity we would like to assist with PLEX for GOOD in future, and solid community procedures for future PLEX for GOOD initiatives that we can use to respond a lot faster to this kind of situation whenever we deem it appropriate.

Part of this procedure is that we'll give a summary of the PLEX for GOOD drive once it's been completed that outlines how much we raised and where it was donated.

You can see an outline the work being performed by the Icelandic Red Cross in the Philippines at their website http://raudikrossinn.is

Hope this answers your question!

If somebody with high Jita standings could please buy me some and contract them to me, I will gladly pay halfway sell - buy orders of Jita IV CNAP price to him.

VV - I grabbed some PLEX from the market as per this request:



They are on contract to VV. Shall I leave them up for when you get some more liquidity or are they no longer needed?

15 more up.

The same individual has now donated you 24.124 B ISK.

My second point is a bit more sensitive, so I do expect most people will get very defensive. There is certain individual that less than 15 days ago claimed to be broke, had no ISK, and requested a 30 B ISK bond. The same individual has now donated you 24.124 B ISK. Since you have potential audit privileges with this individual, I suggest you use it.

Vahrokha, I think what you are doing is GREAT and I would like to make it perfectly clear that I trust your efforts 100%. However, there are two issues that bother me. It is not my intention to get into an argument in this post, so IGÇÖll make my observations and leave it to that.

I understand that some people cannot afford to purchase a PLEX, so donating items and small amounts of ISK (less than a PLEX) to your cause makes perfect sense and itGÇÖs an excellent idea to get everyone involve. What I donGÇÖt understand is why are you collecting PLEXs? ShouldnGÇÖt people send the PLEX directly to ccp?

My second point is a bit more sensitive, so I do expect most people will get very defensive. There is certain individual that less than 15 days ago claimed to be broke, had no ISK, and requested a 30 B ISK bond. The same individual has now donated you 24.124 B ISK. Since you have potential audit privileges with this individual, I suggest you use it.

Good luck with your efforts.

My second point is a bit more sensitive, so I do expect most people will get very defensive. There is certain individual that less than 15 days ago claimed to be broke, had no ISK, and requested a 30 B ISK bond. The same individual has now donated you 24.124 B ISK. Since you have potential audit privileges with this individual, I suggest you use it.

Good luck with your efforts.

Last 10 plex are up at 601 for you VV.

VV, are you all fixed for PLEX now?

VV, it looks like CCP is offering in-game garb (t-shirts) to the people that donate PLEX to the "CCP PLEX for Good" character, so I would expect that your character will be getting a pile of them SoonGäó.

Your decision at this point is whether to distribute (or *attempt* to distribute) them back to the givers, or perhaps to liquidate those shirts on the market to leverage more ISK for the charity. Please let us know what you think should be done.

MDD

VV, are you all fixed for PLEX now?

2) Send them with a character that has not been involved in a scam. Since this RL initiative is about RL matters, I am separating a "space pixels thief avatar" from the RL person who is bound to act honorably in this matter. However, the actual interactions would happen in game, I can't put a scam alt anywhere near VAERT. I hope you'll understand that.

Interesting to see that you value the appearance of being clean more than honest bookkeeping. If Bad Bobby wants to sell you PLEX surely it doesn't matter what character he uses for the sale? Any of his characters would be "involved in a scam" as laundering the proceeds is as much part of a scam as is gaining the proceeds in the first place.

2) Send them with a character that has not been involved in a scam. Since this RL initiative is about RL matters, I am separating a "space pixels thief avatar" from the RL person who is bound to act honorably in this matter. However, the actual interactions would happen in game, I can't put a scam alt anywhere near VAERT. I hope you'll understand that.

I've set up a contract for 13 PLEXes on behalf of the CSGAMEZCF013 fund. Managed to squeeze out one more (than 12) PLEX (at 609m) overnight, and the NAV of the fund is now at 29m.

This culminates more than two and a half years of fund maintenance. I started the fund with a capital of 500m. The fund took a hit when the Japan drive was announced soon after the start. Donated one PLEX at the time from the fund, and kept reinvesting the money over the years, using a separate corp wallet division, and trading in just one item (to decrease confusion).

So it is back to square one. Will start the cycle again, and see what this 29m ends up as.

In the meantime I am liquidating my other assets to try and donate as much possible in these 2 weeks. In this context I would be grateful for bumps/bids on my T2 BPO auction for charity.

Bumpss incoming for the auction thread (also a great idea and very generous).

I'm not sure I have such a character.

Interesting to see that you value the appearance of being clean more than honest bookkeeping. If Bad Bobby wants to sell you PLEX surely it doesn't matter what character he uses for the sale? Any of his characters would be "involved in a scam" as laundering the proceeds is as much part of a scam as is gaining the proceeds in the first place.

I've set up a contract for 13 PLEXes on behalf of the CSGAMEZCF013 fund. Managed to squeeze out one more (than 12) PLEX (at 609m) overnight, and the NAV of the fund is now at 29m.

This culminates more than two and a half years of fund maintenance. I started the fund with a capital of 500m. The fund took a hit when the Japan drive was announced soon after the start. Donated one PLEX at the time from the fund, and kept reinvesting the money over the years, using a separate corp wallet division, and trading in just one item (to decrease confusion).

So it is back to square one. Will start the cycle again, and see what this 29m ends up as.

In the meantime I am liquidating my other assets to try and donate as much possible in these 2 weeks. In this context I would be grateful for bumps/bids on my T2 BPO auction for charity.

I want to extend my congratulations on the forums (not just in the evemail I sent you).

Update to the current assets allocated by VAERT

The following screenshot shows both the current PLEXes split in the stacks sizes the individual Donors sent them in.

Screenshot.


Number of PLEXes currently in the hangar: 137 for an equivalent RL cash value of $2055

Current unspent liquid ISK: 10,578,190,935.50 ISK

How much more would you need from me to get my stack up to 100?

Sorry I am very tired and don't understand the question. Which stack? The PLEXes you traded for various amounts?

Ah! I misunderstood. I thought the stacks in the screenshot were what had been bought with each persons' donations. I just wanted to try to round off my total to hit the equivalent of 100 plexes by grinding over the weekend.

But get some rest. It's not important.

I'll just leave this here, let's see if you all can help double up my donation.

1 Trillion Isk Donation Double Up

I'll just leave this here, let's see if you all can help double up my donation.

1 Trillion Isk Donation Double Up

Very glad to see this initiative coming up!

Wish you announced it a bit earlier, I'd have had 80B to send you for this.

Very glad to see this initiative coming up!

Wish you announced it a bit earlier, I'd have had 80B to send you for this.

Very glad to see this initiative coming up!

Wish you announced it a bit earlier, I'd have had 80B to send you for this.

For clarity of accounting sake, I'd like to get an official NAV statement by the Sister Funds owners: Arcy Dorei, Chribba, Samroski.

I sent you one after donation of 13 plexes from the fund (probably on the 23rd). The NAV was 29m. If you like I can send you another, as the NAV has increased to about 50m.

I am going to add another clause: I also invite CCP to take the T2 Fury BPO from this character's account on the same terms.

What exactly is CCP supposed to do with a BPO?