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    Author Topic: [Pre-ICO] Stockus - Fantasy Trading Blockchain Platform  (Read 1326 times)
    FinGamer (OP)
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    July 26, 2017, 07:27:42 AM
    Last edit: October 11, 2017, 01:58:34 PM by FinGamer
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    Stockus Crypto Summary

    Hi everybody!
    I’m happy to introduce the Stockus Project to you. It is a new and big project on which our team is working on now. The main ideas and its realization are explained further. It will be nice if they are interesting for you.


    Stockus.   Fantasy trading platform based on the blockchain technology.

    Our goal is to create a leading financial simulator based on open ledger technology in order to provide participants with a reliable, transparent trading platform and opportunities to earn large cash prizes.
    Stockus – is a fantasy trading platform based on smart contracts. Participants place trades individually or in teams.  The application allows users to enrol in various tournaments and earn cash rewards without an initial investment of capital.
      
    Gaming Capital Globally

    The online gaming industry is rapidly growing, with figures indicating total earnings of 99.6billion USD in 2016 alone. This is an impressive amount; however it pales in comparison to the size of the financial markets. The daily turnover of the Forex market amounted to 5.1trillion USD in 2016. Approximately 10-15 million individual market participants actively trade on Forex worldwide with the total volume generated by retail traders being equal to 293billion USD daily.
    Statistics show that the average starting capital of a retail trader is somewhere in the region of 700 USD. Within 4 months of trading 97% of all retail traders lose their initial investment and leave the market. The amounts that such traders lose on the currency market amount to tens of millions of dollars annually.  

    $10 against $700

    Our approach differs substantially from the business model of the classic broker. There are two fundamental pillars on which Stockus was built. The first one is that exchange trading for the retail participant is comparable to a game, where players place bets on the direction of the market.
    And the second one is the players prefer to pay small-one off buy-ins for the chance to win large cash prizes in tournaments as apposed to putting large deposits at risk on leveraged trading accounts.
    There is clearly a drastic difference between a trader who suffers the loss of their entire deposit of $700 whilst trading on Forex, and a player who buys into a trading tournament for $10 with the chance of winning a massive prize. That same $10 deposit would get the trader nowhere on the Forex market, whereas on Stockus he stands to win thousands of dollars without the requirement of a large investment upfront.  
    Our approach is light years apart from the business model of a traditional broker in the sense that it aims to protect the trader without limiting their gains. Traders are now faced with the choice of trading on the market with a high degree of risk or playing Stockus with limited risk whilst maintaining their earning potential. This is a new opportunity to trader and we believe that they will chose in our favour.  

    Equal odds of winning

    The probability of winning in a fully subscribed Stockus tournament is approximately 3-3.5% which is roughly equal to the chances of turning a profit whilst trading on the Forex market. However $10 gets you nowhere on a forex brokerage account, whereas in Stockus you can enter a trading competition and stand to win tens or even hundreds of thousands of dollars with the same amount. The benefit of Stockus is that each player has a limited loss, but gets an equal chance to win large prizes.
    Fantasy trading – the Stockus platform is designed to be a direct competitor to traditional brokers by attracting a large number of participants. There is no sense in funding a leverage forex account and risking the entire deposit when the trader can enter a tournament and win fantastic amounts of prize money in a variety of competitions.
    The development of trading skills and ability to collect large gains solely with the merit of experience and knowledge is the main advantage of Stockus. Millions of players with the ambition, aptitude and skill will be able to compete for the large cash rewards with limited downside. In the past such individuals were faced with a choice between financial markets or betting games. Now, such players have an innovative alternative in the form of Stockus.
     
    How to become a millionaire

    Stockus is a financial simulator based on a social media platform which allows any player to participate in a tournament of their choice. If a certain trader prefers a short-term, high frequency game, they can join a daily tournament with large prizes. If, on the other hand, the player is more partial to a long term, trend-based approach, the weekly or monthly tournament is more suited to this style and the prizes can reach astronomical levels. It is crucial to note that the size of the prize is not restricted, which means that the more players buy into the competition, the higher the winning pot. The payouts for larger tournaments can potentially reach six figures or more.
    The game consists of the following:

    - Professional tournaments which will constantly increase in number. A small buy-in amount is paid to enter the tournament and compete against other traders. The winners immediately receive a payout to their account balance.
    - Friendly tournaments which allow anyone to participate free of charge. The main purpose of these trading challenges is to educate new players and allow existing users to refine their strategies in preparation for the professional games.
    - Decentralised challenges which users can host independently by selecting their competitors and forming a private league.
    - Team tournaments allow players to team up with other traders and compete against each other in groups throughout several rounds.  
    - Players or teams who lose their initial capital have the option to buy back in and continue trading. As opposed to leveraged trading, where each loss is a direct hit to the capital and savings of the trader, Stockus allows players to continue trading for as long as they wish.
    - Players have the ability to improve their chances by purchasing leverage, analytical tools and other extras for additional payments.
    - Members of the Stockus community can exchange feedback, tips and trade ideas with each other.
    - A referral program encourages players to invite their friends.
     
    The main attraction for most traders will be the professional tournaments. During the development of our tournament system, the team drew a lot of inspiration from the structure of the competitions held by the fantasy trading platform FanDuel. The capitalisation of FanDuel as an organisation is in the billions, and the platform’s phenomenal success along with hundreds of thousands of members testifies to the scalability and potential of such a model when applied in a different area.
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