Do you know how many people participate in the stock market trading on a daily basis? Around 10 million people. Sounds surprising? Right. Why are so many people going crazy towards the stock market? Because it is an excellent option to make your money grow quickly without doing any hard work. But, you need to make the initial investment in the stock market. If the price of your stocks increases, then you will get a profit and you can reinvest the money again in the market to increase your profit margin. But, if the price of your stocks fall you may lose a certain percentage of your investment which will decrease your interest towards trading.
So, you can't learn the tips and tricks of stock market trading without risking your capital. Instead of trading on your own, you can get the support for brokerage services which will provide complete guidance on the trading. But, you need to pay a high brokerage fee for every transaction to them which will decrease your profit. Also, you don't have more learning options with brokerage services.
How to overcome the above limitations and make the stock trading as a learning opportunity by investing only the minimum amount? Stockus provides an innovative solution which will help the aspiring young individuals to learn the stock marketing trading without risking their capital. Basically, Stock us is a trading platform which allows the players to participate in various kinds of tournaments based on the stock exchange. Each player will be produced with two wallets namely brokerage wallet and token wallet. Brokerage wallet is composed of virtual currency which will be used by the player for trading on the platform. Token wallet contains the STT (Stockus tokens) and the prizes that are won by the player in various tournaments.
The main objective of these tournaments is to help the players understand the concepts of stock market trading and to improve their skill level. To achieve this goal, the platform will conduct two types of tournaments: Freeroll and Professional.
Freeroll - As per the name, free roll tournaments doesn't require any entry fee. It is perfect for the newbies to test their knowledge and to improve their trading skills. It is a weekly tournament and the winners will receive cash prizes. Also, the winners have the right to participate in professional tournaments without paying an entry fee or buy-in.
Professional - This type of tournaments is for experienced players to prove their skills by competing with other players. The main objective of the professional tournament is to provide an alternate option for the traditional stock exchange market. Players need to pay an entry fee and the prizes will be distributed to the winners on the basis of the Classic matrix.
Check out the official whitepaper of Stockus http://stockus.io/wp-content/uploads/2017/11/Stockus_whitepaper.pdf to learn more information about the technology behind the platform.
The results of the tournament and the prize distribution are automated by using the Ethereum based smart contracts. A player needs to hold the stock us tokens for participation in the tournament. These tokens will be available for sale during the token sale event of the company. Kindly visit http://stockus.io/ to know more details about the pricing, availability and sale procedure of STT.