Wow. This is excellent news for players of EVE Online. It seems as though CCP, the game's developers, have announced that they are creating a 'Council of Stellar Management'. This council will be made of nine elected players and interact with the devs on player needs, wants, and also open up new community event possibilities.

Official Release:
CCP, one of the world's leading independent game developers, has announced the formation of the Council of Stellar Management (CSM), the first democratically-elected governing body in a virtual world. Its inception marks a decisive leap in the evolution in online worlds, especially in terms of how a publisher interacts with its community. For EVE Online, the council encompasses the next logical step in the complex social and economic systems for which EVE is well known...
(Full release at source)

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