MVPExchange.com Launches its Real-Time Fantasy Sports Stock Market

MVPExchange.com now offers users the chance to buy and sell virtual shares of their favorite professional athletes for free.

2011-01-11

NEW YORK, NY, January 11, 2011 (Press-News.org) MVPExchange.com is excited to announce the launch of a new sports themed stock market. After opening a free account, users are able to buy and sell virtual shares of their favorite professional athletes across several different sports. Athlete share prices change in real-time based on market demand and game performances.

MVPExchange.com's new sports stock market gives users or "traders" a chance to do something they have only dreamt about until now. That is to own a piece of their favorite athlete. After opening their free "Sportfolio", traders can buy and sell shares of whichever athletes they please. There are over 800 professional athletes available for trading across football, basketball, and baseball, with more on the way.

The price of each athlete's stock fluctuates just like a real stock on the New York Stock Exchange. The more demand there is for an athlete the higher the price is driven, and athlete stocks are also given bonuses based on their performance in games.

"My favorite part about the game is that everything is happening live and in real-time. When an athlete scores a Touchdown or hits a Home Run there is a race among users to buy shares of that athlete," says Jason Goldstein, an avid sports fan and a tester for MVPExchange. As more users purchase the same athlete the share price increases, so those who buy first are rewarded. The following morning athlete's receive positive or negative bonuses based on their play in the previous night's game. Following the bonuses there is a race to sell these athletes and liquidate your Sportfolio to make room for the next day's top performers.

"The way this market is structured creates an atmosphere where traders are constantly trying to outsmart and beat one another to the punch, in order to maximize profits," says Martin Stevens, a former stock broker and tester for MVPExchange. The reward for beating your competition is weekly and monthly prizes in the form of cash, currently totaling $250 per month.

Creating a fast paced stock market environment is important but it is not the only focus of MVPExchange. "The goal is to create a place where people can come to talk, debate and argue about sports, stocks, and everything in between," says Jon Meyers, creator of MVPExchange.com. To that end MVPExchange features a messaging system, along with daily tips and recaps. Features such as Leagues, Chat, and Forums are currently in the works.

About MVPExchange.com:
Launched in 2010, MVPExchange.com is a sports themed stock market game which allows users to open a free account and use virtual money to buy and sell virtual shares of professional athletes. Users can purchase athletes in several different sports including basketball, football, and baseball.

Media Contact:
Jon Meyers
914-260-2090
Admin@MVPExchange.com
www.MVPExchange.com

MVPExchange.com is a real time fantasy sports stock market that allows users to buy and sell virtual shares of professional athletes. For more information please contact Jon Meyers at (914)260-2090 or at admin@mvpexchange.com.

[Attachments] See images for this press release:

ELSE PRESS RELEASES FROM THIS DATE:

Mayo researchers describe measles viral protein movement

2011-01-10

ROCHESTER, Minn. -- Mayo Clinic researchers have shown that proteins on the surface of a cell twist a viral protein into position, allowing the virus to start infection and cause disease, all in a movement as graceful as a ballroom dance. The findings appear in the current online issue of Nature Structural & Molecular Biology. A team led by Roberto Cattaneo, Ph.D., a Mayo molecular biologist, describes the crucial initial steps taken by attachment proteins of the measles virus and related respiratory viruses with their cellular partners, the receptors. To get there, the ...

Surprise: Dwarf galaxy harbors supermassive black hole

2011-01-10

The surprising discovery of a supermassive black hole in a small nearby galaxy has given astronomers a tantalizing look at how black holes and galaxies may have grown in the early history of the Universe. Finding a black hole a million times more massive than the Sun in a star-forming dwarf galaxy is a strong indication that supermassive black holes formed before the buildup of galaxies, the astronomers said. The galaxy, called Henize 2-10, 30 million light-years from Earth, has been studied for years, and is forming stars very rapidly. Irregularly shaped and about 3,000 ...

Ginger is key ingredient in recipe for conserving stag beetles

2011-01-10

The humble ginger root could be the key to conserving the UK's largest and most spectacular terrestrial beetle – the stag beetle. Ecologists from Royal Holloway, University of London and the University of York have developed a series of new methods to monitor stag beetle numbers – including ginger lures to trap adult beetles and tiny microphones to detect sounds made by the larvae in their underground nests. Conservation efforts have been hampered until now because ecologists lacked a reliable way of monitoring stag beetle numbers. The new research, published in the Royal ...

Climate change to continue to year 3000 in best case scenarios

2011-01-10

New research indicates the impact of rising CO2 levels in the Earth's atmosphere will cause unstoppable effects to the climate for at least the next 1000 years, causing researchers to estimate a collapse of the West Antarctic ice sheet by the year 3000, and an eventual rise in the global sea level of at least four metres. The study, to be published in the Jan. 9 Advanced Online Publication of the journal Nature Geoscience, is the first full climate model simulation to make predictions out to 1000 years from now. It is based on best-case, 'zero-emissions' scenarios constructed ...

New device set to combat fear of the dentist's drill

2011-01-10

An innovative device which cancels out the noise of the dental drill could spell the end of people's anxiety about trips to the dentist, according to experts at King's College London, Brunel University and London South Bank University, who pioneered the invention. It is widely known that the sound of the dental drill is the prime cause of anxiety about dental treatment, and some patients avoid trips to the dentist because of it. This new device could help address people's fears and encourage them to seek the oral healthcare treatment they need. The prototype device ...

Supercomputer unravels structures in DVD materials

2011-01-10

Jülich, 9 January 2011 – Although the storage of films and music on a DVD is part of our digital world, the physical basis of the storage mechanism is not understood in detail. In the current issue of the leading journal Nature Materials, researchers from Jülich, Finland, and Japan provide insight into the read and write processes in a DVD. This knowledge should enable improved storage materials to be developed. (DOI: 10.1038/NMAT2931) Information is stored in a DVD in the form of microscopic bits (each less than 100 nanometres in size) in a thin layer of a polycrystalline ...

Wildflower colors tell butterflies how to do their jobs

2011-01-10

DURHAM, N.C. – The recipe for making one species into two requires time and some kind of separation, like being on different islands or something else that discourages gene flow between the two budding species. In the case of common Texas wildflowers that share meadows and roadside ditches, color-coding apparently does the trick. Duke University graduate student Robin Hopkins has found the first evidence of a specific genetic change that helps two closely related wildflowers avoid creating costly hybrids. It results in one of the normally light blue flowers being tagged ...

For non-whites, geography plays key role in colon cancer screening

2011-01-10

New research from UC Davis Cancer Center has found that whether a person gets screened for colon cancer often depends on where they live in addition to their race or ethnicity. It has long been known that racial minorities have lower colorectal screening rates than whites, presumably because of differences in socioeconomic status, access to care and cultural issues. What hasn't been known, until now, is whether these differences also vary across geographic regions. In a paper published online today in the journal Cancer, medical oncologist Thomas Semrad and colleagues ...

Race affects regional colorectal cancer screening disparities

2011-01-10

Individuals from certain areas of the United States are more likely to get screened for colorectal cancer than those from other areas, particularly when comparing non-whites living in different parts of the country. That is the conclusion of a new study published early online in Cancer, a peer-reviewed journal of the American Cancer Society. Additional research is needed to better understand how colorectal cancer screening disparities develop in some regions and not in others. Racial and ethnic disparities in colorectal screening exist among the Medicare population, but ...

Engineering team invents lab-on-a-chip for fast, inexpensive blood tests

2011-01-10

KINGSTON, R.I. – January 10, 2011 -- While most blood tests require shipping a vial of blood to a laboratory for analysis and waiting several days for the results, a new device invented by a team of engineers and students at the University of Rhode Island uses just a pinprick of blood in a portable device that provides results in less than 30 minutes. "This development is a big step in point-of-care diagnostics, where testing can be performed in a clinic, in a doctor's office, or right at home," said Mohammad Faghri, URI professor of mechanical engineering and the lead ...

LAST 30 PRESS RELEASES:

Tightly tied waist cord of saree underskirt may pose cancer risk, warn doctors

10% of children in high-burden tuberculosis settings may develop the disease by age 10

Health experts push for the elimination of a ‘remarkably harmful toxin’

University of Tennessee, Lockheed Martin expand Master Research Agreement

Testing thousands of RNA enzymes helps find first ‘twister ribozyme’ in mammals

Groundbreaking study provides new evidence of when Earth was slushy

International survey of more than 1600 biomedical researchers on the perceived causes of irreproducibility of research results

Integrating data from different experimental approaches into one model is challenging – this study presents a community-based, full-scale in silico model of the rat hippocampal CA1 region that integra