About Elite Systems Auction ('ESA')
Date: August 2024
Dear Reader, you'd be forgiven for not knowing that Elite became truly 'middle-aged' this month, celebrating its 40th anniversary.
Coincidentally, we're soft-launching a new service. That's been an ambition of ours for some years.
We call it elite-systems.auction ('ESA')
You might think of it as an eBay for game IP.
By game IP we mean: the copyright and other 'intellectual property rights' in computer and video games.
Our goal is to create a location where the owners / controllers of game IP can offer their property for licence and for sale and where prospective buyers can make offers to acquire it.
Presently, we're some distance from achieving that goal, however we do have a 3-step plan to get us there.
In the first instance, we're listing some of Elite's game IP at ESA.
Presently prospective buyers can peruse the listings and then, after registering with the service, undertake to buy or to be invited (once the auctions are 'open') to bid.
Once we're satisfied that the auction bidding system is robust, we'll move to step 2.
During step 2, those registered with the service will not only be able to undertake to buy but additionally they'll be able to bid in the Dutch-style auctions that ESA will host.
All undertakings to buy and all successful bids will be subject to contract, a draft of which will be issued directly to prospective buys and directly to successful bidders using the contact details provided on registration.
Once we're satisfied that the auction listing system is robust, we'll move to step 3.
During step 3, those registered with the service will, in addition to the above, be able to list their own game IP at ESA.
Presently, and for the immediately foreseeable, the ESA service will be entirely free to both the owners / controllers of game IP and to the prospective buyers.