User:Shinchan007/Sandbox
SPOXCHANGE | |
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Location | |
India | |
Information | |
Founded | 2008 |
Founder | Neel Shah, Nirav Shah, Rushabh Patel, Darshak Randheria, Rinkal Shah, Chirag Acharya and Satyaveer Singh Mahecha |
Sports | Cricket (Coming Soon: Tennis, F1, Soccer) |
Website | [www.spoxchange.net www.spoxchange.co.in www.spoxchange.in] |
SPOXCHANGE - http://spoxchange.net – The Global Sports Stock Exchange is an entertainment portal born out of the need for change in the online sports entertainment. SPOXCHANGE is a result of combination of sports entertainment with stock market fundamentals. This venture lets fans use their knowledge & understanding to trade in stocks of their favorite sports players. One just needs to register, trade in virtual money and get a chance of winning attractive prizes!!!
As of now, only cricket players are listed on the site and the trading season also is scheduled from (0001hrs) 15-Apr-09 to (2359hrs) 25-May-09 considering the upcoming 2nd season of Indian Premier League (IPL). Fans of other sports like Soccer, F1, Hockey, Tennis, etc... watch this space for more. Other features available on the site are Live Scorecard, Latest News, Videos, Blogs, Newsletters, etc.
Trade & Win On registration, every user gets 5000 SPX [SPOXCHANGE Currency] which can be used to buy stocks of players who one feels will perform well. Every run/wicket will lead to distribution of dividends to all users who own that stock at the time of 'dividend payout'. This money can be reinvested in the market to buy more shares or kept as profit gained so as to enhance the overall portfolio value. Watching live scores and reading dumb commentary (online) is now a thing of past. No more will a user just be a selector at the start of a tournament and play fantasy games. It is time to apply ream time fundas and be a part of a phenomenon that will redefine online sports entertainment.
Spoxchange is the only place that lets the user use their hunch and trade in stocks of sports players. Move over fiction/fantasy sports… Stop just formatting teams… Apply real time fundas… Sports + Stock = SPOXCHANGE [A portal that is all set to redefine online sports entertainment]
Introduction
[edit]SPOXCHANGE – A Gaming Exchange. Get to know all about your favourite game and trade it. Earn reward SPX while you trade your favourite player only @ SPOXCHANGE.
Register @ SPOXCHANGE Get 5000 SPX for free Buy/Sell your favorite players Earn Dividends (SPX) on your players’ performance Maximize the portfolio value and ROI Win special gifts and attractive prizes on your performance
"Getting bored of trading with stocks? Or are you a sports buff? Then you need to play at SPOXCHANGE." A unique gaming exchange which offers the user value for the time by giving total fun in what the user loves most, SPORTS!!! All one needs to do is, register and achieve a base currency referred as SPX.
The user would be trading their favorite players, of their favorite game. All the players @ Spoxchange can be traded as scrips of any stock exchange. The user will get the dividend as per the performance of the selected player as SPX rewards.
All the registered users can avail of the privileges SPOXCHANGE has to offer you. The current position of all the players being traded in the SPOXCHANGE at Spox Ticker just by logging into respective “MY SPOXCHANGE”.
All the registered users can Buy, sell and Subscribe for an IPO (Initial Public Offer) for any player and trade the player/scrip at their planned earnings. The user can trade upto your value of SPX allotted on registration and earnings of dividend and profit or loss earned as you play.
What does the user get out of the game? Apart from the sheer joy and pure fun from doing something different and of independent taste, the TOP 5 users will be acclaimed as SHAREKHAN of SPOXCHANGE and find a place on the home page.
The user also earns Cash Prizes, Special Gifts and/or Merchandises as per time and policy of the company.
Sports
[edit]“Sports marks out those who strive: it rewards inequality of both talent and application”
"As all the sports enthusiasts would agree, there is nothing you can swap sports with. The sheer fun and involvement it commands is incredible. There is nothing which it does not provide you, from learning about team spirit to how to keep up the Sportsman spirit, from the supporters to sponsors, from crying if your country/player loses to jumping with joy at every win. And this applies not only to one sport but to all of them, from Cricket to Tennis, F1 to Volleyball, and Soccer to Hockey, all of them equally entertaining."
SPOXCHANGE is committed to providing the user with all the fun of games combined with thrills and unpredictability of a stock exchange. "Are you up to being a Sharekhan @ SPOXCHANGE?"
The 1st launch is on with Cricket on Board but the promise is to bring as much avenues of Sports as possible in coming times.
Rules
[edit]SPOXCHANGE is a unique stock trading exchange wherein once a user registers himself/herself, he/she achieves a base currency referred as SPX.
Individuals favourite sports players can be traded as scrips of a normal stock market. Based on the player's performance dividend will be issued to its shareholders in the form of SPX.
Registered users can now avail lot of privileges at SPOXCHANGE
Registered user can log in to 'My SPOXCHANGE' and view the updated ticker which displays the current position of all listed players.
Only registered users can trade on the exchange. They can buy/sell stocks and subscribe for an IPO (if any). Maximum bidding for every user is limited to their available currency (SPX)
The TOP 5 Users will be acknowledged as 'Sharekhan of SPOXCHANGE' and displayed on the home page of the site.
Special Gifts, Rewards, Merchandise and/or Cash Prize will be given to winner(s).
Partners
[edit]SPOXCHANGE has symbiotic relationship with many external stakeholders - people and organizations alike.
Technology Partner: Krish Compusoft Services Pvt. Ltd. (KCS) | http://www.krishtechnologies.net/
Business Consultant: Alok Rustagi | http://learn2consult.com/
Media Consultant: Pratiksha Thanki | http://www.pratikshathanki.com/
Marketing Consultant: Gaurav Kohli
Legal Advisor: Neerja Choudhary
Media Partners: http://yourstory.in/index.php | http://www.cplash.com/
Best Wishes from: Gift Centre (Ahmedabad) | Nirav Printers
Team
[edit]The portal is a brainchild of an IIM graduate - Neel Shah who did his MBA in Marketing & Strategy and was in constant lookout of interesting business ideas. Being a part of the cultural committee and the entrepreneurship cell in college, he was looking for a idea where he could convert his hobby into a profitable business. The 'merger' of sports and stocks was out of passion for both.
But the venture wouldn't have been possible without the support and guidance of his friends who were as passionate as he was. Cheers to Betro (Nirav), Bobo (Rushabh), Bottle (Darshak), Chikno (Rinkal), Keshu (Chirag) & Sattu (Satyaveer) who have contributed to the venture in their own unique way.
Mission: To provide a platform for sports enthusiasts to increase their level of involvement by encouraging them to use their hunch while gaining a chance to win cash rewards.