StockBet Token Sale Announcement
GAMES PLAYED ONLY BY THE ELITE…NOT ANYMORE
The biggest asset classes in the world, by far. The world’s GDP is only 74 trillion. No micro transactions here, as cryptos round to zero.
They also include the most gaming/gambling in the world. IG, Nadex and Binary.com are a few of the many gambling sites that provide Financial Spread Betting, Contract For Difference, Binary Options, etc. IG is one of the biggest firms in the UK, despite being limited to mainly the UK by regulations.
Gaming/gambling sites are big business, despite being plagued with fraud and theft (which can be eliminated with a blockchain).
According to Boston University Law Review, trading stocks is gambling. Investing is a myth, as the average holding period is 4 months. According to The Economist and CNBC, the Chinese see little difference between stocks and casinos. Consequently, the amount of gambling activity in stocks is unsurpassed. Vegas and Macao are peons.
Stock market professionals gamble billions every year. According to them, what is missing is social competition, where they know who they are betting against.
Unlike other token offerings, StockBet is one of the very few projects that can prove that they can build software. Check out BullBear on StockBet.com, which enables players to bet against each other, using free “chips”, on North American, European and some Asian stocks, ETFs and CryptoCurrencies. Play a few rounds! Make a bet on Bitcoin!
Gnosis raised $12.5 million in April 2017 and they still have not released a game yet. Their website still states:
“The Hunch Game is nearly ready and can be launched in the first half of 2017 as an example Gnosis app.”
Augur raised $5 million near the beginning of 2015, stacked their team with 13 members and 7 advisors (including Vitalik Buterin). After 2.5 years, they only have a simple beta demo for testing. StockBet’s app already has more features.
Wagerr raised $10 million to do sports betting. There is still no game, no prototype nor app.
The above is only a small sample. We have not raised a cent yet and we already have an app that you can use on thousands of stocks, ETFs and now on Cryptocurrencies!
Since we cannot compare our app to Gnosis or Wagerr, below is a comparison to Augur. Left side is Augur. Right side is BullBear on StockBet, which does not include the dashboard, scoreboard and messaging. The difference is stark:
The plan is: 1) build a platform and API, so that we and any 3rd party developer can add games to StockBet; 2) replace the use of “chips” with tokens; 3) enable affiliates to drive traffic.
Token sale will fund the following roadmap with each milestone securing the development of additional components and games for players:
- Platform, API, tokens
- Convert BullBear onto the Blockchain
- Gamify these onto the Blockchain: Derivatives (Financial Spread Betting and Contract For Difference) and Binary Options
- Add:
- StockBracket / CryptoBracket
- StockPool / CryptoPool
- SurvivorStock / SurvivorCrypto
- StockDerby / CryptoDerby
For more information about the project, team, bounties, token sale, etc., please visit our Bitcointalk thread.
