Trading Game

Garth

I am building a trading game with the purpose of increasing liquidity for the stellar internal trading feature.

This link takes you to a preliminary design layout. Click the buttons on the bottom to see all the screens. It is on its way to a UI expert then a visual design expert but this gives you a general idea. http://eg51r8.axshare.com/home.html

How it works.
The game is a wallet and a trading client with just one asset pair.
Signing up opens a new wallet. The public key is available to send and receive either asset but the secret key is not available.
Games are set for a specific time and a specific duration. The first game will be an our and we will see how that goes.
There is a starting pot for the winner and each trade adds 5 cents or some specified amount to the pot.
The number of players will be limited to 500. This will likely change once we see how it works.
The game keeps track of your %gains and the person with the highest gain wins.
The plan is to keep a tight spread and get the assets moving up and down quickly. You can make a trade with one click so the idea is to keep your money in the asset that is going up. It should be volatile enough to encourage players to trade every minute or so.

I won't be done by July 15th but will appreciate some feedback before I get too far along.

Garth

Play the name the game game. Win 5000 EQD if your name is chosen. Looking for a good name for the trading game besides "The trading game" that one is taken. submit ideas here and comments here.

jed

I don't think you need to make a whole trading interface. You can just have rounds where on a certain date people submit a stellar account that has a certain amount of lumens in it. at the end date you look to make sure each of the submitted accounts only did trades and the winner is the one with the highest amount of lumens at the end.

sacarlson

Yes that's the method we are using on our present #trading_game as jed said. We plan to expand on ours to also run on Live net with our present it running on testnet that runs for 1 week for a game session.

Garth

Yes i think i will try starting the game before the interface is made. The purpose of the interface is to simplify getting started for comolete newbies. I am guiding people on a regular basis and the learning curve is still pretty steap. It is easy to forget this once you know how it works. With the game you open a wallet, which is basically signing up for the game, then fund it witj xlm thst you can buy with a credit card at changelly. Once you send xlm to your game address it automatically sets necessary anchors si you are resdy to start trading. If you are fine with the pre set settings you can make your first trade with one click. Easy squeezy

Garth

We will try our first game Sunday July 9th at 7am pacific coast time. You need to provide the public key of the account you will use for the game at the eQuid channel in Stellar Slack. I will provide more details at slack.