$0 in pending offers
@joel_bkr That's ok. Thank you for reviewing.
I believe there is a serious problem. Investment fraud is one of the largest fraud type in the world. Many get rich campaigns, trading scam advertisements are still common online, exploiting unsophisticated retail investors.
I see there is a potential to use play money predictions market to solve it because this topic has a direct financial influence to users, unlike some other topics that has low motivation to participate.
If this becomes successful, I see the potential to reduce investment frauds and increase online credibility.
@joel_bkr There are many attempts to get a price forecast. Analyst reports for 12 months price target. Future contract that is used for hedging. Discounted cash flow analysis to find a fair value. However, most retail investors doesn't have these knowledge and go to places like wallstreetbet, which has 14M subscribers and kind of indicate the problem still exist. There were posts being hyped up by stranger who has no proven record and caused a lot of damage.
WOC Street is a play money prediction market so liquidity is not an issue. The goal is to create a trusted prediction community with more credibility and less noise for investors.