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by mrtksn 1937 days ago
Why not simply apply the gambling rules and be done with it? Then the social media activity becomes a fair game.

After that you should be able to buy a lootbox of stocks and receive fragments of penny stocks for watching videos.

Do we really need the extra steps?

1 comments

Gambling rules require explicit declaration of the rules of the game and the house odds of payout.
I wasn’t entirely serious when suggesting to use the gambling rules but I think it still holds.

Poker doesn’t have pre defined odds of winning but it is still gambling, you can have the same thing with stocks. Or like sports betting maybe?

With the lootboxes, it’s easy: Simply give the chance of the stocks that might be in the box.

The rules are still there for the companies’ obligations.

Add betting transparency rules to the mix, like exchanges must provide real time dashboard showing all the bets all the time. No more mystery on who bets on what, are short positions closed etc.