TradeStars and the Art of Unlocking New Players’ Stocks

Anshul Pareek
TradeStars
Published in
3 min readJul 29, 2021

TradeStars is a unique Fantasy Sports Sports game, where you can enjoy a host of exciting features which have never been seen before in any other fantasy sports app.

One such feature is the ability to be among the first users to unlock Fantasy Stocks of new athletes!

The value of fantasy stocks listed on TradeStars are influenced by the real life performance statistics of athletes. This allows the thrill of Fantasy Stock trading to be combined with the excitement of real world Sports events.

To make the experience even more exciting, TradeStars will list a set of fantasy stocks which will be “locked” for trading at first. However, you can be among the first users to buy these locked stocks before they get unlocked for trading.

To unlock a new player, 10,000 shares of that player’s fantasy stocks have to be bought first. You can purchase between 1% (100 shares) to 10% (1,000 shares) of the stocks in a single transaction, and contribute towards its unlocking.

Buying these stocks will be similar to a regular buying transaction, and will ensure that you can get hold of the first issued stocks of the player. Users can buy stocks at their minimum price in the unlock pool, as reward for providing the initial liquidity to that market.

Let’s consider an example.

The fantasy stocks of Rohit Sharma are locked now, and are priced at $5 apiece. In order to unlock them, users will have to collectively purchase a total of $50,000 worth of stocks.

In order to make a purchase, click on the ‘Unlock’ button next to Sharma’s name. The following window will pop up.

Click on 1%, 2%, 5% or 10% to select the amount of fantasy stocks you want to buy. The window will show you how much your transaction would be worth in $ terms. Once you’re satisfied with the conditions, hit the ‘Confirm’ button to bring home Rohit Sharma’s fantasy stocks.

The window will also tell you how much stocks have been already purchased, and how much else remains before they are unlocked for trading.

Do remember to spread the word once you’ve made your purchase, so that your friends and followers can join in too. The faster they purchase stocks, the faster the stocks get unlocked as well!

What incentive do you have for contributing to the unlocking amount?

Apart from the fact that you’ll be helping unlock the fantasy stocks of one of the most exciting athletes in World Cricket today, you’ll also be purchasing them at their minimum price in the unlock pool.

Once any fantasy stock is unlocked, the initial listing price will be higher than the locked price. And knowing the stellar form that Rohit Sharma is in, it’s quite likely that the stock price will only keep on increasing!

So go on, log onto TradeStars.app, purchase Fantasy Stocks of your favorite players and let your friends know. Remember, some of the hottest Cricketers are waiting to be unlocked on TradeStars.

Website | Whitepaper | Telegram | Medium | Twitter

--

--