Wednesday, May 31, 2017

Twitch lets users play the stock market with someone else’s money

A new Twitch channel is letting an audience of thousands buy stocks with one man’s $50,000 — and they’re actually doing quite well. StockStream claims to be “the world’s first cooperative multiplayer stock market game using real money.” It was created by Amazon engineer Mike Roberts, who said the audience has so far selected a “reasonable, diversified portfolio,” including AMD, Tesla, and Apple. In order to play, players participate in five-minute voting rounds, using chat commands to select a stock to buy or sell. According to the channel description, “Every 5 minutes the top buy or sell command will be executed and one share…

This story continues at The Next Web

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