Stonk is a platform for simple fantasy crypto games. These games offer a new way for market regulated, healthy, auditable competition amongst players to win real cryptocurrencies such as ETH. The games generate a ranking system based on player performance. Players predict and play fantasy games based on fundamental market events and their own analysis.
As players and traders compete on their predictions, the app dynamically tracks the game results to provide a ranking for each player, which can then be used to prove one’s credibility to their followers or simply to boast amongst friends. Stonk adds fantasy gaming as a new form of market exposure by offering multiple entry strategies to cover a range of potential ‘winning’ outcomes.
For example: In conventional trading and portfolio management, one must allocate the entirety of their capital into, on average, appreciating positions while simultaneously minimizing losses across all position allocations. Through StonkLeague's fantasy gaming model, traders are afforded an entirely novel form of market exposure. One by which, similarly to a DraftKing’s sports fantasy game, a player may allocate a number of game entries across a broad spectrum of potentially winning combinations and permutations of trade positions. So long as the net prize of the winning positions exceeds the net cost of entries, the player will be profitable.
The utility of the AEGIS tokens would be to:
- Earn $Aegis by accurately predicting the market and beating their opponents across StonkLeague’s three (and counting) trading games.
- Accumulate enough to bid and purchase Stonk generated Crypto Leagues (which will be minted as an NFT), and the only way to buy these NFT's would be by using AEGIS Tokens. The goal of these leagues for traders and finfluencers would be to spin-up games to their followers and unlock new block rewards (AEGIS Tokens) as a league, rather than as an individual.
- Use $Aegis to raise grand armies and conquer NFT territories on StonkLeague’s board game-style campaign map.
- Stake Aegis to Implement Laws through the DAO which govern the StonkLeague Platform.
- Utilize these accumulated Tokens they win to be LPs of these League NFT's, and vote on what transpires within each NFT (much like a governance token), including deciding things such as game rules, game time, number of players, prizes, medals etc. and also (if possible) they could garner a portion of a particular leagues' Stonk Token rewards from the 10% commission paid as Game-Master Fee to Stonk. These token holders will have full rights on network governance and a share from fee earnings.
- Utilize these accumulated Tokens to play games and climb the leaderboard. The top-300 traders become eligible to earn a %age carry from the Stonk Index.
- Platform Governance.
- Invest in Indexes with discounted carry fee.