Stockus ICO Report – Smart Stock Exchange Platform
Standard ICO Report Structure:
- Part 1: ICO Analysis (What is it about? What is the ICO intending to do? Describes what the platform is.)
- Part 2: CROWDSALE ANALYSIS – DETAILS & TOKEN SUPPLY
- Part 3: Useful Links (Further Research)
Part 1: ICO Analysis
The Stockus platform allows users to compete against others on the stock exchange without risking their actual capitals.
Users can earn rewards and learn different strategies that will help later in life.
Different tournaments are held on the platform that offer daily rewards and cumulative prizes. (The more players playing the tournaments, the bigger the tournament prize.) The tournament prizes are comprised of “buy ins” that come from the players who would like to participate in the different activities.
Players are paid within tournaments based on their skills which are calculated within Ethereum smart contracts to ensure the accuracy of the ranking.
The rewards and “buy ins” are held in smart contracts (escrows) to ensure that all parties are paid in a decentralized fashion.
This payment system allows no room for error as the contract will be tested before launch.
Problems within the market – Regulation within the stock market is very strict, not allowing people with less than $25,000 to make day trades.
The volatility within in stocks forces people to diversify their portfolio but with the current rate of commissions on trade’s users will want to put $1000 into each stock that they diversify. Often times exchange websites are confusing to the average person, which can lead to unwanted trades, frustration, and or a loss of efficiency when trading.
If users are not able to understand the platforms easily, then they will leave the market and be disinterested in making their own trades.
For users who don’t want to deal the markets, they will often work with brokers.
Brokerage fees are often times very high, and cause the individual to miss out on a lot of profits. In the industry that trades billions of dollars a day (while open) has a lack of options when it comes to entering the market.
An individual can enter the Forex or Stock exchange market and is left with few options.
How will Stockus change the market –
When playing the Stockus game, users will only need to put up “buy in” capital, and will not be fluctuating their full capital. This leaves the users with less risk, but gives them the value of a full reward for winning the tournament.
The players within the game will be given virtual money in order to make trades which gives allows them to have a more free and unchained decision.
The Stockus platform will have tutorial tools and videos to ensure that the user knows exactly what to do before entering a tournament.
This will keep more people engaged in the game and less frustrated.
The game rules and statistics of every game are publicly published, so users will be able to get information on their past games and learn from mistakes.
Since users will be entered into tournaments based on their skill level, it will be a fair environment where newer members will not have to face 10 year veteran.
Competitive advantages –
Stockus will be operating on its own platform, and won’t be using any other gaming program to run its tournaments.
Different tournament style games will be published after the ICO, and the developers will be working on making the games more interesting and fun based on player submissions.
Stockus has already launched beta testing for the platform and received a lot of testers before the launch of the cryptocurrency.
Since they were able to have a variety of testers Stockus was able to gain a lot of marketing knowledge on players.
This sort of research will help make marketing the game easier and will attract more players to the site.
The game will be representative of the real Stock exchange, and data that is published by the major financial institutions such as Bloomberg will be integrated into the platform.
Part 2: Crowdsale Analysis – Details & Token Supply
Total token supply: 15,000,000
Token type: ERC-20
- 1 STT = 0.2-0.3 USD [Pre ICO]
- 1 STT = $.5-.8 USD [ICO]
- 1 STT = $1 USD [Public]
- 66.7% ICO
- 13.3 % Prize Pool
- 13.3% Pre-ICO
- 6.7% Founders and Team
- Founder & CEO – Evgeny Kostyukhin
- Development Director – Yury Gerchikov
- COO – Artem Katinov
- Advisor- Sam Barton
- Advisor – Stanislav Kostyukhin
Part 3: Useful Links (Further Research)
Site link: http://stockus.io/