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Ix Techau Evil Mastermind 13,934 pts

New feature idea - Arsenal players stock exchange

Posted by Ix Techau 5 months ago · 11 replies

So I've been toying around with this idea for some time now, which is a virtual stock exchange where you invest actual money into Arsenal players. The mechanics are just the same as a real stock exchange, only difference being company == player.

Just wanted to start a discussion about it and see what you guys think.

One issue I have is that although technically it's not really that difficult to build, it all depends on volume of trade for it to work...so there must be some form of incentive for many people to use it, above the potential money-making aspect of course.

Another issue is long-term incentive, as in: why should you invest £40 in ten Ozil shares today when this virtual stock exchange actually doesn't give you any form of physical ownership of any kind? I mean the concept is that you could perhaps sell your ten shares for £50 in a few months...it's the same incentive as a real stock exchange - profit - but why should you trust that you can actually sell them at a later stage? I guess this is where volume of trade comes in again.

Anyway, thoughts? Questions? Call me a moron? Tell me I'm pretty? Poke holes in my idea? Suggestions?

11 Comments

THE POLICE Arsenal Forever!!! 2,428 pts
Posted 5 months ago by THE POLICE

How would you determine the stock (player) value? I mean what are the factors involved to compute this???

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Ix Techau Evil Mastermind 13,934 pts
Posted 5 months ago by Ix Techau

How would you determine the stock (player) value? I mean what are the factors involved to compute this???

Just like a normal stock exchange, the cost of a share is whatever the seller can offload it for. Let's say Ozil is generally trading at £4 per share. He then scores a hat-trick, so you decide to sell one of your Ozil shares for £5 on the market. If someone buys it at £5, that's now the current trading cost of that share.

On the exchange overview, the current trading value per share is often an average of last X sold, to even out any outliers. But this share value is only really a guideline, you can sell your shares at any cost you want.

It doesn't really work well in small volume, which is why this idea would need 100s of traders to function properly. If there's only ten, the frequency of trading would be so low that share values would never be accurate enough to make sense. The more traders we have, the more accuracy we get in share value.

STUART 486 pts
Posted 5 months ago by STUART

I like the concept but...

What is the value of purchasing the shares in players. How would we get a payoff. If I bought a % of Ozil I would expect some kind of dividend to hold. Otherwise it has no value to keep and thus to buy in the first place.

Maybe you could use a bitcoin/blockchain type setup to create unique "player cards" that have some kind of collectable value?

Ix Techau Evil Mastermind 13,934 pts
Posted 5 months ago by Ix Techau

I like the concept but...What is the value of purchasing the shares in players. How would we get a payoff. If I bought a % of Ozil I would expect some kind of dividend to hold. Otherwise it has no value to keep and thus to buy in the first place.Maybe you could use a bitcoin/blockchain type setup to create unique "player cards" that have some kind of collectable value?

Every share is unique, I'm thinking every player only has a finite amount of shares (100? 1000?). That way we get the same mechanics as a stock exchange.

Gunner Gunners fire long distance screamers at people 3,916 pts
Posted 3 months ago by Gunner

Sounds very complicated and you need a certain amount of people interested in commiting to the gambling

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