Urladex is a fantasy website trading game where website share prices and total number of shares are generated based off Alexa data. To be exact 'The number of hits per million users determines the potential price of the sites share. The price of a share is calculated by choosing the greatest of either values: the daily price, or the 7-day average price. Thus a site with a downward graph will have its price higher than the latest number of hits (because the 7-day average will keep that price up), while a site with a rising graph will have its price at the daily number of hits.'
'The total shares available for a site = 100 * natural_log( pi * 3_month_average_reach ). 'Urladex was created by Colin Saunders as one of his side projects. I think this is a great fantasy game for web entrepreneurs wanting to further their understanding of website trends and traffic.
Account Setup:
Not much to say here, all you need is a username and a password. It would be nice if they sent an email containing your username for your records just in case you forget what it is. You begin with $10,000 virtual cash in your portfolio.
Buying and Selling:
You can only trade sites that are listed on Alexa, so if you want to trade your own site you are going to have to wait for it to get listed. To find a website to buy shares in, go to the home page and enter the website into the get quote box. If this website is listed on Alexa you will be taken to a page with the price of the websites shares. For example 3dbuzz.com has a share price of $28 per share presently. Other important information listed is when the share price last changed and how many shares are available to purchase. Just enter the amount of shares you want to buy, fill out the captcha form and hit buy. You will not be charged any virtual commission on a trade.
Portfolio:
This fantasy website trading game is based on seasons so your account will be reset once per season. In your portfolio, you are able to see your current positions, ranking, percent change, cash amount and a historical account of all trades made.
Community:
There is a social aspect to this fantasy game. You are able to create and join groups that have private ranking lists and forums. There is also the top 100 list and public forum for anybody to participate in.
If you want to find out more about this fantasy market game. There is a lot more information in the FAQ section over at urladex.
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