Discover your hidden talents
Virtual trading for real profit!
Make predictions to build up your score and receive weekly rewards.
Earn up to $100 per month, with no investment and no risk of loss.
Play in Browser | Download in iTunes | Download on Google play
How it works
We’re looking for the world’s top trading
talent. Challenge yourself on this fun, free app that’s simple to
use but difficult to master.
Spark Profit fits your schedule because
you can make long or short predictions, then review or cancel them
at any time. As your skills improve, you will get more points.
Compete against other players for higher score and rewards.
Paying for talent
We’ve invented something we call “crowd-sourced alpha”. It means we combine our member’s predictions to guess where the markets will move. By giving access to a wide and diverse talent pool, we aim to make the markets more efficient and democratic.Of course, this is pretty clever. That’s why we’ve already applied for two patents and have more planned.
What it really means is that we provide everything you need and take all the risk, while you get the credit for predicting with skill.
Getting started
You can make as many predictions as you like, and after reaching a high enough score you will start to earn rewards. It couldn’t be simpler. We even carry points over each week to help you hit your targets.Register for free, take a two minute tutorial and practice for as long as you like. When you’re ready simply go and make your first prediction. We want to find and nurture natural talent from around the world. That is why Spark Profit gradually introduces all the skills and knowledge you need to be successful.
Steps to earning
Make predictions Collect points Earn rewards
Our Goals
Spark Profit is a product of NOUS®, “Free The Markets”. NOUS was founded by a team of finance and technology experts in 2012, with the guiding values of empowerment, diversity and opportunity. NOUS creates opportunity on a global scale, by empowering people from around the world to access to the global markets and discover their talents. We are proud that our unique business model can do good for so many people.FAQ
What is Spark Profit?
Spark Profit aims to be the world's most
rewarding app! It teaches you how to profitably trade on the
financial markets, and pays you cash rewards when you do well. This page tells you more about Spark
Profit's benefits
.
How do I get started?
What's the general idea?
The predictions you make are about real financial markets. As the price changes after you make a prediction, your score will go up or down. Because our app is so intuitive and graphical you don't even need to think about the numbers to use it. Just tap and draw!
What are the terms of service?
A very brief overview:
- You can only open one account
- You must be 18 or older
- You must have a phone capable of receiving an SMS (Why?)
EARNING
How do I earn money?
There are two ways to earn money: predict well or invite friends. You can do both at the same time.Before you can earn money you will need to register your email and phone number (Why?).
Earning money by predicting well
At the end of each week if your total score is greater than the weekly threshold, currently set to 20,000 points, you will earn money. The larger your total score is, the more money you earn. It's really that simple.
Then, after prizes are paid, we reduce everyone's total score by the same small percentage. This means that no-one gains or loses relative to each other, but it gives new-comers a chance to catch up by continuing to play well.
The weekly pot gets larger if more people do well because we add money for every person who makes the grade that week. We want to encourage more people to join and play well.
Earning money by inviting friends
There is no limit to the number of people you can invite. To invite someone, just have them click on your personal "Supporter Link" before they join. You can share it anyway you want: chat, mail, FB, etc. You can find your Supporter Link in the application itself, in the Social tab.
Learn more in the Supporters section
How do I withdraw my earnings?
- PayPal
- Skrill
- Bitcoin
To protect our service from cheaters and people who would spoil it for everyone we will not allow multiple accounts to withdraw to the same address on any of these services. So if user Jane has withdrawn to jane@me.com on PayPal then no-one else will later be able to withdraw to that same PayPal account.
PREDICTING
How long does a game last?
Can I kill the app?
Why do games stop on a Friday night?
In the future we plan to mark your positions to market, which would mean that your positions can be left ready for the next week. However you won't be able to start or stop positions while the underlying market is closed - just like the real markets!
I tried the tutorial in the app and I still don't understand
how to use it
The key points are that
- You first set a profit price and then set a loss price
- When the market moves it will eventually hit one of those prices: whichever it hits first determines whether you win or lose points in that game
- The closer you set a price the more likely it is to be hit but the less points you can win (or lose).
- You can also stop games at any time and take a smaller profit or loss.
- If the market itself closes (as it does every weekend) thenit's just as if you stopped the game yourself and you will receive the smaller profit or loss
- Starting a new game costs some points
- But amendments are free
Detailed Explanation The blue line shows how the price of the market changed until now. You simply need to guess where it's going next. The timescale for your prediction can be as long or short as you like, up until the next market close. (Market closes are shown as a vertical black bar on the graph). So if you think the price will go up, click on the right side of the screen above the current price.
You must pay some of your points to make a new prediction, but new joiners get a discount. You will see the cost once you've clicked, before you send your prediction.
Once you have clicked above the current price it will also show a green horizontal line. This is your profit line - when the market hits it, that game ends and you get a payout. You must choose where to put your profit line. The closer it is to the current price, the more likely it is to pay out but it will pay less points. Conversely if you set a price that is far away you can win lots of points if you're right... but it's less likely to make it that far, and you risk it going the other way before you can win. This is just the way markets work! Ideally you'd want to set the profit line at the farthest price that you believe the market will reach before it starts to turn around.
Once you're happy with the profit line, click on the "Next" button at the bottom of the screen. Now you will see an additional red "loss" line. It behaves in a very similar way to the profit line, except that you will lose the given number of points if it gets hit first. You can set the loss line close to avoid losing lots of points - but you are more likely to have it happen. Or you can set your loss line far away so that it probably won't get hit... but if it does you will lose a lot of points!
Once you're happy with where the profit and loss lines are, click "Start" to send the information to our servers and start the game. Now you just need to come back later to see how you've done.
Source: SparkProfit
Post a Comment