The Blockium Platform Core Objective
Blockium is a trading competition for people who wish to compete in the trading market and hope to win glory, prizes, and prestige. The users create their own trading portfolios to compete against each other. The competition winners are the competitors with the highest percentage return on their portfolio at the end of the allocated time based on real-time tracking of assets.
Blockium platform offers financial competitions on Stocks, FX, Crypto, (Commodities and Indices to be added soon) from the top global exchanges, allowing people to compete on prizes, based on live market data (live integrations with Nasdaq, NYSE, London Stock Exchange, Shanghai, Hitbtc (Okex to be added soon). Blockium provides the crowd with the historical opportunity to execute trading skills against other people and make profits. Our concept creates the next generation of financial trading competition online and brings a breaking step profit potential for traders (5 traders- up to 475% return potential, 10 traders - up to 950%, 100 traders - up to 9,500% and so on).
The traditional financial trading is becoming less relevant for the new generation of traders. There are several hindrances that are preventing the existing trading platforms from scaling up activities and increasing their user base. An alternate that we are providing to these traditional markets are a skill-based trading competitions which will address the following existing issues in the traditional markets:
High entry Cost
The costs to enter the traditional markets are high and there are intermediaries that exist which take away a major chunk of the returns on investments.
Huge financial investments
People with access to financial means are the only ones who can enter the markets. Small investors often find it difficult to enter the markets.
High risk, low return
Often the stakes involved are very high but the returns are low. The rule “high risks high returns” is not so applicable in traditional financial markets as markets do not necessarily offer very high returns for high risks.
Stock market unpredictability
Every day, the stocks market traders are under high risks and returns are less predictable with many regulatory uncertainties.
Volatile Markets
The history has proved that even the world's top traders are not protected from the market’s fluctuations.
Fewer platforms to trade
The platforms available for the users are not so exciting and they often lack an enhanced user experience with fewer trading options, higher risks, limited assets and higher costs to trading. Often, the other gamification platforms do not allow real-time tracking of the asset prices and do not give an opportunity for users to make high returns by creating their own gamification and competition rules.
Core Objectives
We at Blockium are providing solutions to all the above-stated problems as we have created a platform for skill-based trading competitions- a historical concept that allows investors of any size and grade to invest into financial markets against friends and peers, creating the next generation of financial trading. At Blockium our core objectives include:
Make the financial market accessible to everyone
With Blockium we are creating a level playing field as we believe that the depth of your pocket should not be a deciding factor for you to enter the financial markets. Investor of each size, grade and scale should have an opportunity to invest and make money.
Hedge your risk by paying a one-time entry fee for a competition
In times of such volatile markets when it is easier to lose money, we at Blockium hope to create a market that reduces an investor’s risk and increases return.
Stay protected from a financial crash
The Blockium infrastructure is designed in such a way that minimizes risks and volatility and creates immunity to investors from the business cycles of boom and bust.
Minimum risk with maximum profit
The competitions’ concept and rules create a large profit potential for the users.
Invite your friends to a private skill-based trading competition with a money prize (P2P trading)
At Blockium, anyone and everyone can be a part of the platform and you can share the joy of winning by inviting friends and family without any intermediaries. We cut out brokers, account managers, and institutions, replacing them with our new Trader Vs. Trader system.
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