Empire Avenue, a cool stock market simulation social network game.
Posted on 2011/11/28
Nowadays it’s rare that you miss out on something, thanks to the internet and its many sudden notification systems. The more stunned I was when I stumbled upon “Empire Avenue”, which is an awesome stock market simulation. The twist is, you are a stock, and so are you friends.
Wikipedia explains it better than I could: “Players have their own portfolio in a virtual economy. The price of a player’s share depends on the ticker’s stock buying and selling, along with social networking activity. Players can choose their own ticker symbol. The players can have multiple investors, which will garner them a higher share price, and they can invest in other players.
Players win Achievements for their actions, such as advertising and adding services such as Twitter. Players gain dividends from the other shares in players they invest in, which are counted as Credits. Social networks supported by Empire Avenue currently include Facebook, Twitter, Flickr, YouTube, LinkedIn, Foursquare, Instagram, WordPress hosted blogs and the player’s own blog and RSS feeds.”
Those mentioned achievements are lots of fun, and keep the game interesting. After a while, you don’t need to check in so often anymore, your stock will just grow in the back. But it’s so much fun to see it grow, then to see it drop and to make it grow again by helping it back on its feet.
“Empire Avenue is designed to drive social media activity and social media interaction between the registered members. Players’ value increases, in part, as a result activity on social media sites and their own verified blogs and rss feeds. In addition, a player’s value increases through dividends paid-out by other members he or she has invested in.
Thus, the social media activity of a player’s investments also contributes to his or her game wealth. It is in players’ self-interest to follow, favorite, or otherwise contribute to the social media activity of those they invest in.”
“Much like other social media games, Empire Avenue uses a strictly virtual currency called Eaves as a means of purchasing shares in other players, additional rights within the exchange, advertising and services. Eaves can be purchased with real-world currency via PayPal, but cannot be exchanged for real-world currency.
The founder and CEO of Empire Avenue said there are plans to introduce features that will allow players to exchange Eaves for real-world rewards.”
Here’s my ticker:
You can buy my stock at http://www.empireavenue.com/yakobusan – I’ll make sure to buy you back in return.