Enjoyable EXCEPT this is a PVE game with LIMITED PVP. Do not expect PVP out of this game in its current state.
Helm Wager: They've made it sound like you can place wagers with other players to PVP them. Nope. You are simply double or nothing a 100+/- of your currency, which is very little, in the name of delivering it somewhere. While delivering it other players can join your wager and try to kill you for it. They don't. Because its not worth trying to chase someone down who goes the same speed as you, for very little reward.
Hostile Takeover: Ship in the circle for the longest with the most kills (pve or pvp) in a specified time wins, essentially. Here's the catch, It doesnt take 2 to tango i guess. Half the time it's you vs nobody and you automatically win. Why you ask? Because there's a limited number of hostile takeover locations and once you win on a location, you can no longer participate there for the rest of the season (3 months). It's like if COD gave everyone 50 plays for a 3 month time frame and every game you won you lost a play. You'd be out of plays pretty quickly.
Cutthroat Cargo Hunt: Pickup a map and deliver it. If other people join the event your battling eachother for the map/delivery. But again, here's the kicker. 50% of the time it's just you, and nobody joins...