What is VibeShares?
VibeShares is a fantasy stock market for Popular eBay Searches. We take the most popular eBay searches such as "Ipods", "NCAA Tickets", and "Civil War Art" and make them into a stock (dubbed VibeShare). Players start with 100,000 Vibes (our currency) and stocks are valued based on their current demand on eBay. Joining is free, so sign up to play. (Besides, greed is good!)
How it works:
The current price for a VibeShare tells you the demand for that item on eBay. For example, the stock price for Ipod is 340 Vibes- this means there are 340% more bidders as there are sellers for Ipods. As demand for Ipods on Ebay goes up, its stock price goes up. If demand goes down, its price will go down. Just like the commodities market, prices move based on supply and demand for that item.
Thurs, April 20, 2006
The launch of Vibeshares is near. Currently, most of the main features are up and complete. The keywords are updated daily as well as all portfolio returns. The official launch will be sometime during the first week of May. You are free to sign up now, but please be warned: we are still in beta stage. Of course, we would want you to try to BREAK our game (and report all errors to us of course). We won't guarantee all your money will be lost when we launch however.
To start off the launch of our market, we will be proposing a challenge: We will buy the FIRST portfolio that reaches a net wealth of 10,000,000 Vibes for at least $500. That's right. The first person to reach that amount will put his/her portfolio up on eBay for auction, and we will start the bidding at $500.
We will also start a referral system, which will award traders with $1000 for every member he/she refers to VibeShares and signs up for an account.
We will also start selling premium accounts when we start to get going. With a premium account, you basically will have the following features:
-Unlimited transactions a day.
-You start out with twice the cash.
-Real-time keyword updates.