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01-08-2015, 05:21 AM
(This post was last modified: 09-01-2022, 01:03 AM by Fearless Community.
Edit Reason: Fixed Encoding
)
For a while now I've been working on the idea of creating a community/player driven stock market for Fearless. While it won't be able to operate exactly like a stock market due to various limitations it would most likely resemble the mechanics of the stock exchanges found in Grand Theft Auto 5.
By utilizing Random Walk Theory and conditions regarding a clan (such as the addition/loss of members, number of RP events, wars) prices of a stock fluctuate daily and create the opportunity for users to gain money.
Funds to user's accounts would have to be manually collected in-game and then updated on the site as there are no easier alternatives of doing this without it being directly connected and managed by Fearless. Despite the drawback of funds not being able to be immediately deposited or withdrew to the server the stocks would still maintain being a highly liquid asset as they'd be able to be bought and sold freely at any time.
In addition measures would be put into place that would restrict the total market value from going above what has been invested into the system, meaning that when some stocks rise, others will have to fall in order to ensure that all balances could be collected at any given moment. This would prevent the possibility of creating a 'bubble' in which users run the risk of the market going beyond what is able to be paid back in cash, possibly costing many investors all of their money.
The site is still basic HTML/CSS/JScript at the moment, I've recently gone through and redesigned everything that I had. Feel free to take a look, let me know what you think, and whether this is something you'd be interesting in using. I'm trying to figure out how many people would actually be interested in using this. Thanks!
The Fearless National Exchange Index
By utilizing Random Walk Theory and conditions regarding a clan (such as the addition/loss of members, number of RP events, wars) prices of a stock fluctuate daily and create the opportunity for users to gain money.
Funds to user's accounts would have to be manually collected in-game and then updated on the site as there are no easier alternatives of doing this without it being directly connected and managed by Fearless. Despite the drawback of funds not being able to be immediately deposited or withdrew to the server the stocks would still maintain being a highly liquid asset as they'd be able to be bought and sold freely at any time.
In addition measures would be put into place that would restrict the total market value from going above what has been invested into the system, meaning that when some stocks rise, others will have to fall in order to ensure that all balances could be collected at any given moment. This would prevent the possibility of creating a 'bubble' in which users run the risk of the market going beyond what is able to be paid back in cash, possibly costing many investors all of their money.
The site is still basic HTML/CSS/JScript at the moment, I've recently gone through and redesigned everything that I had. Feel free to take a look, let me know what you think, and whether this is something you'd be interesting in using. I'm trying to figure out how many people would actually be interested in using this. Thanks!
The Fearless National Exchange Index