FinGad Contest Rules
On April 15th, we will start our first contest that will last to May 15th, 2008.
During that time, a single FinGad user will win $1,000 USD no risk or personal investment required. Payment will be made via PayPal.
Why are we doing this?
We want to increase the content generation of our site with great value to the investment community. Our contest is structured around delivering high quality output in finance. The participation of our users in this contest will provide lots of information and insight in trading/investments and help us form an interesting community. It will also be fun!
How does it work?
The person who wins the contest is the one with the most virtual money at the end of the month.
In other words, participating often and contributing high quality content - in your area of expertise, will earn you the most virtual money to invest. You have an option to invest that in virtual portfolios to earn even more.
Performing activities on the site earns you virtual money. Here are the details:
How do I earn virtual money?
- Signup - Each user that joins starts with $50,000 in virtual money balance.
- Invite - Inviting others to FinGad - when your invites join, you get $5,000 in virtual money.
- Posting - Posting a review - earns $50 in virtual money
- Other FinGad users voting on your post - Each vote by other FinGad users on your post earns $1,000 in virtual money.
- Other FinGad users voting on your comments - Every time your comment gets a positive vote, you earn $1,000 in virtual money.
- Help edit other FinGad user's post - If the original author approves - you the editor earns virtual money - $5,000 in virtual money per successful edit.
How do I earn virtual money faster?
- Virtual Trading - Take your virtual money that you earn and trade it - Invest your virtual earnings to Win/Lose money in virtual portfolios.
- Recommending Stocks to other FinGad user's portfolio - If other FinGad user buy/sell your recommended stock, you'll get $5,000 in virtual money.
- Answering Questions - If you answer a question that has a bounty/reward value and it's voted the best, you get to collect that person's bounty/reward virtual money.
Good luck!