Personally I think their should be a system for clans in-game.My idea is:
+ You create a clan for around 5000gp and it costs 100gp (or more) to join that clan.
+ Clans have ranks (names are specified by the council/leader)
+ Clans can buy upgrades for their clan, such as clan-only trading posts, events etc...
Torque may not support this kind of system but who knows, this is Badspot we'are talking about.