About SpeedSeeders

Rev up your engines and trade your way to the top in the Formula 1 stock market!

Welcome to SpeedSeeders!

SpeedSeeders is an exciting virtual trading platform where Formula 1 fans can buy, sell, and trade shares of their favorite teams. This dynamic marketplace mimics real-world trading but with a thrilling F1 twist. Here's how it works:

How It Works:

• Virtual Shares: Each Formula 1 team is represented as a stock, and there is a fixed amount of virtual shares available for each team. Users can buy and sell these shares, just like in a real stock market.
• Dynamic Pricing: The share prices for each team fluctuate based on supply and demand. As users buy more shares of a team, the price increases. Conversely, when more shares are sold, the price drops. Prices are also influenced by the team's real-life performance in the current Formula 1 season.
• Real-Time Trading: Our platform allows you to place buy and sell orders for shares of any team. When you place an order, the system automatically searches for matching orders. If no immediate match is found, the order remains open until a match is available.
• Market Mechanism: Users can bid for shares (at a price they are willing to pay) or set an asking price for the shares they wish to sell. The market price is dynamically calculated based on the highest bid and lowest ask prices, ensuring realistic and competitive pricing.
• Dividends: SpeedSeeders incorporates a dividend system, where teams' performance in the Formula 1 championship can lead to payouts. If your chosen team performs well, you could earn dividends in virtual cash based on your holdings.
• Portfolio Management: Each user has their own portfolio, where they can manage their shares, view their holdings, and track performance. You start with $1000 in virtual cash to invest and grow your portfolio.
• Leaderboards: Compete with other users to become the top trader by growing the value of your portfolio through smart trades. Rankings are based on both cash on hand and the total value of shares owned.

Ready to Join?

Get in the race by signing up today and start trading virtual shares in your favorite Formula 1 teams!