Introduction

Stonk1 is a platform for simple top-of-the-morning Fantasy Crypto Games. These games offer a new way for market regulated, healthy, auditable competition amongst players to win real cryptocurrencies such as ETH. The games generate a ranking system based on player performance. Players predict and play fantasy games based on fundamental market events and their own analysis.

As players and traders compete on their predictions, the app dynamically tracks the game results to provide a ranking for each player, which can then be used to prove one’s credibility to their followers or simply to boast amongst friends. Stonk adds fantasy gaming as a new form of market exposure by offering multiple entry strategies to cover a range of potential ‘winning’ outcomes.

For example: In conventional trading and portfolio management, one must allocate the entirety of their capital into, on average, appreciating positions while simultaneously minimizing losses across all position allocations. Through StonkLeague's, fantasy gaming model, traders are afforded an entirely novel form of market exposure. One by which, similarly to a DraftKing’s sports fantasy game, a player may allocate a number of game entries across a broad spectrum of potentially winning combinations and permutations of trade positions. So long as the net prize of the winning positions exceeds the net cost of entries, the player will be profitable.

Stonk serves as a ‘morning-star’ for online crypto investment non-advice: a means for amateur traders to validate so-called experts’ abilities before following, recommending or paying for this non-advice. It provides the upsides of winning a game based on user predictions, while protecting them from potential downsides of a direct market exposure. Alternatively, Stonk also serves as a proving ground to settle online social debate. Often times every online persona claims to be the best trader and jumps at the opportunity to critique others’ perspectives. Through Stonk, these disagreements can be settled once and for all via user customized cash-based competitions. The event between the initial two parties in disagreement then becomes a public event by which all users may spectate, or take sides in support of one party’s market prediction or the others

Stonk features an in-built chat feature for private chats amongst friends or global community threads. Eventually, vetted influencers will be able to launch their own leagues and games for their followers. Similarly, other smaller players, aspiring finfluencers or traders can establish their legitimacy by participating in fantasy trading games that actually demonstrate their calls in real-time as they jockey with other competitors on the leaderboard. These traders can earn a score along with accolades such as badges, shields and points and establish their provenance and maintain a record of their past performance that can be verified by anyone, anytime by paying a small fee, much like how anyone can purchase a Stock Research Analyst Performance Reports on website such as MarketBeat or MorningStar. With this approach, the trader / call-maker / finfluencer can maintain their anonymity and continue to demonstrate success, while their imitators can attempt to mimic their online identity, but, fail to reproduce the original trader’s performance metrics, recorded immutably on a public Blockchain, such as Ethereum. In this lightpaper, we extensively use the terms gamer, player, trader, call-maker, interchangeably.