Sharpe Capital – A new way to monetize your financial knowledge

Are you someone who can accurately make predictions about the rise/fall in prices of the various assets in equity or the stock market, but don’t have sufficient funds to test them? No worries. Don’t feel bad that you are not able to gain anything out of your knowledge. Let me tell you an interesting thought. Why don’t you share your knowledge about equity markets in an investment based community and get rewarded for the same? Of course, you don’t need to be an investor or speculator for sharing your opinion. Sounds interesting?

“Share and Get paid for your predictions about equity markets or blockchain based assets”- This is the main motto behind the innovative investment platform that is being developed by Sharpe Capital, headquartered in Hong Kong. Once you are a registered member of this platform, news announcements related to various assets will be provided to you. You need to provide a positive or negative sentiment (Either upvote/downvote) towards that news. Based on the quality and accuracy of your predictions, you will be rewarded in SHP tokens (Share Platform Token), a proprietary token created by the company to access the various features of this investment platform.

Will you get paid only if your predictions are correct? No. Irrespective of its status, you will get some few SHP tokens in the beginning. The total reward for a prediction is calculated based on your accuracy + number of SHP tokens you have. Also, you don’t lose any money if your prediction goes wrong. But, the investment platform analyzes your input to find out the categories on which you can make the predictions accurately and provides you more news related to that category. Let us assume that 80% of your predictions are correct if they are related to technology and only 20% if they are in health care. Now, you will be given more news related to the technology which will provide more opportunities to increase your rewards. At the same time, the platform ensures that the contributions received are of high quality.

What kind of tools are used to measure the quality of prediction? Sharpe capital platform does not use any complicated strategies but a very simple concept called ‘Reputation score’ to assess the quality of predictions made by a particular user. Each user will be assigned a default value of 0.5. If you make accurate predictions, the score will get increased. If the predictions are incorrect, the score will be decreased. The maximum and minimum value of this score are 1.0 and 0 respectively. This feature will make the user provide feedback only if they are knowledgeable in that category. For getting more information about this platform, please visit https://s3-eu-west-1.amazonaws.com/sharpe-website/whitepaper.pdf

To access the investment platform, each user needs to hold the special type of token based on Ethereum ERC-20 named SHP token. SHP tokens can be bought during the token sale event of the company in November 2017. You can use any Ethereum based wallet to acquire the tokens. To learn more information about the SHP tokens and its sale, please visit https://sharpe.capital/.