Alpha to Omega challenge - final stage reached

2 days ago I reached the FINAL STAGE of  the challenge by having accumulated a wealth equal to 1.000 Plex. It's been exatly 80 days since I started.

At the time Plex sell price ingame was 5.125 million ISK * 1.000 = 5.125.000.000.
 

For 2 days now I am converting my assets into ISK and consequently into Plex. The goal is having 500 Plex in my wallet.
I cancelled all buy orders I had set up in Jita and put instead a buy order for 250 Plex for less than 5 mio ISK each, which was fulfilled pretty quickly. 
The remaining ISK in my wallet is currently about 630 million which I use for updating existing sell orders. 
I stopped buying new items and concentrate on selling the existing assets to generate another 620 million ISK (conservatively assuming a Plex price of 5 million ISK and needing additional 250 Plex).

So, the Alpha to Omega challenge sees the finish line on the horizon.

I still have to workout what the next steps for this player account will be.
Maybe I will continue trading, but then be relocating to other trade hubs.
Maybe I go into industry, which is an area I haven't done at all in a serious way. But there is a lot of very good and interesting content around, like the blogs from Stranathor and Alilus Tellis. 
Or maybe I'll find a completely different activity I can put a new challenge in. We'll see.

My next blog entry will most likely be the final status update to this challenge. 
Let's see how long it will take to convert my assets to generate the ISK for the remaining needed Plex.

PS:
I will write a summary of my learnings later on.
This may help other players (capsuleers, as they are called ingame) in pursuing their attempts to generate enough of the ingame currency ISK to be able to pay for their omega subscription without spending real money.

Month End Update - October 2025

This challenge is now going on for 69 days.

During the last week I finally hit the 4 billion ISK mark. 

Learnings and tips

As pointed out in the last blog entry I recently changed my strategy.

In addition to the regular regional trading I do now use the order slots of my Jita alt to put up buy orders as well. 
I put the buy orders out of a Perimeter based player owned structure, which allows me to massively safe relisting fees. I still keep buying directly from sell orders for regional trading if I find profitable opportunities.
After the buy orders have been fulfilled I either sell them directly in Jita or let them be hauled to Dodixie or Amarr to sell. 

To reduce fees and contract rewards I reduced the collateral from 120% to 110% of the expected sell price. This led to a reduced effective contract reward rate, which decreased from 1,5% in September to 1,2% in in October. 

Numbers

In Oktober I made sales of 12,2 billion ISK which is an increase of 1,7 billion ISK (or 16%) in comparison to September.
The ISK paid in market escrow rose from 8 billion in September to 10 billion ISK in October. 

(I recognized that the final Profit or Loss numbers in my former postings had been flawed, because they did not account for the value of the outstanding sell orders. So I left them out of the following screenshot.)

My wealth rose by 1.648 billion ISK to 4.291 billion ISK - which is a whopping 62% increase month over month. As you can see, a significant part of this wealth is ISK put in buy orders and some inventory I still need to sell.

Next milestone:
Reaching a wealth of 5.4 billion ISK, which is equivalent to 1.000 Plex in current plex prices.
This would achieve the short-term goal of this challenge!

As indicated in my most recent blog entry going on accumulating ISK above the 1.000 Plex threshold would not bring any additional value neither to you readers nor myself. 
What I will do instead is starting to buy Plex as soon as I reach a total wealth of 5.4 billion ISK. 


The moment when I finally have converted enough ISK currently tight up in assets into 500 Plex will mark the succesful end of this challenge.