A Look at NOTEC

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I wonder how easy it would be to buy up a bunch of Neo, tweet about a cartel, watch the price spike, then unload it all at huge profits? I'm not saying that's what happened but the best part about minor conspiracy theories is they are sometimes self fulfilling.
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You'd be very naive to think that those in the know didn't do precisely that.
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Just think of the Facebook IPO: everyone close to the event was prepared for a decline in market value and made out like bandits.Whenever there's a scheme to scam money on this scale, everyone involved is taking what they can off the top.
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What NOTEC does, is artificial scarcity. Artificial inflation would be buying out and reselling Neo at a higher price.
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HBC, CFC and N3! Those are some very diverse groups...
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Which is a key difference between NOTEC and OTEC. OTEC is taking advantage of actual scarcity, or was until CCP put in Alchemy. NOTEC's problem is that by creating artificial scarcity, they're continuing to pile up stockpiles. As they're not very accountable to each other, any one or all of the participants could be "losing" some neo to alts so as to dump on the market, enriching themselves at the cost of the others.
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It's nice to see that Monty is over his goon-envy.
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So, I guess Monty didn't want those TECH moons anyways?! ;)
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Fair enough, I agree it is not right to jump to conclusions, and indeed I will have to wait and see and reserve judgement (as meaningless as it might be) until then.I am not of any mindset in this matter, apart from my observations of your own writing and my interpretation of it. I am not a big fan of the goon culture, but I do respect their organisation and achievements in this game, I am less enamoured with what you do with your power.However, if, as you say we should, conclude from what you write here and elsewhere, it does come across as though you have a very strong bias towards maintaining the power of the CFC even at the expense of the greater good of eve. To name a few concerns, it's your position on nerfing jump bridges, your recent article on why we shouldn't change things to allow smaller entities to establish themselves in null at some expense to large entities, and your recent (uncharacteristically) transparent attempt at encouraging people to alchemy against NOTEC (not that I give two f**ks about HBC).Anyway, as I conceded above, I will just wait and see and not jump to premature conclusions.
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You seem to have misinterpreted that article - don't worry, you're not alone there.What I believe is that sovereign null is about empire building, and that empires can be large (as most are right now) or small (which is something I'd actually like to see become possible.) And if people want to play the barbarians in the woods, well that's fine too.What I don't believe is that the empire building aspect should be sacrificed, and part of that means leaving the ability for large players to conduct large wars mostly intact. Unfortunately, that makes allowing little guys their shot difficult, as it means that they exist at the whims of their larger neighbors to some degree. That was the point of that article. Balancing the two is difficult, though probably possible.That said, I have zero sympathy for someone who wants into sovereign nullsec, wants to own space, wants to shoot everyone around him, but doesn't want to take part in another necessary part of the theme - diplomacy. If he can't hack it with everyone out for his blood, he deserves what's coming to him. ;)
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Currently, at Jita market prices, the Unrefined Neo Mercurite Reaction is worth 415,797,372 isk per month.A jita market prices, the Neo Mercurite Reaction is worth 886,664,160 isk per month.Of course, this all depends on getting enough volume of materials to make it worth while. The unrefined reaction is a /lot/ easier to manage that way. Smaller numbers, but a far bigger margin on your investmenthttp://www.fuzzwork.co.uk/reac...

With NOTEC's existence being made public via Montolio’s recent tweet, there has been a great deal of speculation, much baseless, as to what NOTEC implies for the future of industry. I decided to open a dialog with the management team of NOTEC inside TEST and determine what exactly it is they’re up to.

The name NOTEC (which stands for Neodymium Organized Trading and Exporting Cartel) is an obvious reference to the much-discussed and very public OTEC (Organization of Technetium Exporting Corporations), an arrangement between alliances holding Technetium moons for the mutual benefit of everyone involved. NOTEC, in a similar vein, is an arrangement between alliances holding Neodymium. Just as with OTEC, the goal is to  raise market prices through artificial inflation.

The arrangement is simple: withhold a percentage of Neo from the market to artificially lower the supply available, which in turn increases the value of what’s available on the market. Part of this depends on a big demand, and Neodymium happens to be a requirement in two widely used reactions (Nanotransistors and Fermionic Condensates), making Neo a part of every T2 module and ship in the game

Market fixing is easier said than done. Part of what made OTEC possible is that the 400+ Technetium moons present in New Eden are concentrated in the northernmost regions, whereas the 300+ Neodymium moons available are scattered across the galaxy, many (but not all) of which are in the south. This presents an interesting challenge for anyone hoping to control the supply of Neodymium in the game, as it is hard to coordinate all invested parties across the map. Alliances & coalitions that own Neodymium at the moment aren’t exactly communicating on friendly terms. Neodymium owners include groups as diverse as the HBC, CFC, N3, and other smaller forces.

Despite these challenges and having only existed for a month, it appears as though NOTEC has made its mark and effectively accomplished what it was setting out to do: raise Neo prices on the market. NOTEC formed inside of the HBC and is actively coordinating with N3, allowing it to control over 75% of the Neo moons in the game, with the other 25% of Neo moons residing with the CFC and other non-NOTEC entities.

NOTEC hopes to maintain their price control for as long as possible. Though there are many obstacles in their path (including market games, alchemy, and expanding to control more Neo moons), they’ve dedicated a significant amount of time to coordinating and planning for the future of the organization while enhancing value for all invested parties.

Jinli Mei
Player since 2006, where my experienced flipped from high sec nobody to Capital FC in TEST. I primarily play EVE in the area of capitals, but have experience in logistics and trade. I occasionally write good things and even have a twitter: jinli_mei