Can any game use the platform? Example: If I want to create a CS Go tournament can I use the platform?
Stockus is not a tool or addition to any existing game. Instead, it is an actual trading software used with forex trading analysis and trade execution but
revolutionized. Made more secure and transparent using Ethereum Blockchain technology whilst based on smart contracts.
What makes the platform extraordinary is the incorporation of 'Fantasy Gaming'. Stock exchange trading in Stockus is organized in the form of tournaments. These tournaments are appropriate to players of all levels of skill and experience with a range of different durations allowing experts and beginners to enjoy the game. With professional tournaments appealing to experts with high skill and strategy to free-roll tournaments for beginners. Free-roll tour do not require an entry fee and have the following features:
• No buy-in
• Small prizes
• Limited choice of trading instruments
• Limited choice of additional services
• Small Amateur Brokerage account.
More professional tournaments vary by:
• Duration (day, week, other)
• Type of prize fund (guaranteed (GPP), unlimited, mixed etc.)
• Number of participants
• Ways of distribution of the prize fund
• Set of trading instruments.
Players participating in professional tournaments pay an entry fee (buy-in) for participating in the tournament. In different tournaments, buy-in has different uses. The buy-in varies from a few dollars to a few hundred dollars. It is also important to mention that as the number of players in tournaments increases, the prize pools increase aswell.
Nonetheless, The Stockus platform is designed for players, who do not want to lose their money no matter the skill or experience the player has. It allows you to play on the stock exchange, improve trading skills with in-platform tutorials and tools, compete with players around the world and earn a significant amount of money without risking your capital. Forex trading requires substantial starting capital, includes an extensive registration procedure and induces stress rather than excitement in traders. With trading being such an intricate play of skill and experience, we believe that such restricting conditions are not appropriate.
Another important element that has been briefly touched on above is transparency and security. Ethereum makes it possible to create smart contracts that autonomously control business logic in the blockchain. These smart contracts will be used to quickly and reliably process the results of games and pay the rewards to the respective players. Unlike existing platforms, all Stockus transactions are publicly verifiable, resistant to forgery and are not subject to risk. Trust of our players is the main advantage arising from the use of blockchain technology. Stockus Token itself (STT) is the integral part of the ecosystem and Stockus’ economy. It can be purchased through the native Stockus application, received from another player, won in a tournament or received for a jury member service. In addition, players can receive STTs as a reward for participation in referral programs.
Perhaps this overview showed you that overall this our platform is not an addition or tool to any game. Instead, Stockus is putting a twist on trading and fantasy gaming to eliminate existing market problems. This perfectly blends with the use of Ethereum Blockchain that guarantees transparency, security and fairness.
Hope this answered your question! You can also join our telegram chat for more or you can post here.