[GreatThinker]

I need some advise, ideas on getting capital, and business partners for this idea.

I want to start a website that has to do with sports, but has the concepts of the stock market and ebay.

Users will be able to buy a "pack" of virtual trading cards. These cards will be used like the stock market, as a card will be able to increase in value based on how the player does in their specific sport. Right now I want to tackle the NBA and NFL. For example, based on specific areas, the users card will go up in value. Lets say you have a kobe bryant card (rarer than others) If kobe has a 40 point game, 10 rebounds, 6 assists AND his team wins, the card will go up a substantial amount. The amount is based on a money table that has the specific amounts defined. The gains and losses can go both ways. The Stock market part of it comes from knowing how long to keep a card to maximize profit. These cards can be traded,sold, and bought using a ebay-feel auction part of the website. The pack of cards is totally random, using a random function that will be researched and developed by a gaming commission that most gaming companies use (such as partypoker, yahoo games, etc.) This website will not only make money from buying packs and small fees from trading and selling, but from the advertising point of view. Since users will access this account daily to check the status of the card, then advertising will be a big part of it. Most of the advertising will be on college campuses since that is an untapped market for a website like this. There is really no competition for a website like this, since no one else has thought of this. Any feedback is appreciated.
Great Thinker


DeShea Witcher
dwitcher@fourth-and-goal.com

[wajo]

i like the idea...good one. i am in australia ..how much you need? maybe we can do something? my msn - warren_clark@hotmail.com
thanks, Warren Clark

[thecollector]

Saw your posting. You should check www.tokenzone.com

[akula]

ok...i just don't have the resources to give you holistic advice; so do consider this as merely one of many sporadic points.

to raise money, and any kind of resources in general; show sales.

this is not a catch 22. you must finance this company internally - and, if you get traction - there will be appropriate expansion capital available.

side note:

to get funding, you need to select business opportunities based on criteria adopted by people whose money you're trying to acquire.

this is not the case with you. you are making up your ideas off the top of your head with complete disregard for customers and financiers.

i.e. because you business is not designed to attract money, it won't.

take this in a positive manner: i think it would be great if you took the time to learn entrepreneurship. it is not a skill people are born with.

[TGANNAWAY]

You've got a great idea going!

[clp11479]

They already have this for baseball and for football, not sure about other sports. Do a yahoo search and i'm sure you'll find the sites that do this.

if you think you have a good idea do a search before you get too excited, many times someone already has it up and running. i know i've been disappointed numerous times.

[Luke]

I like It but I think It's going to be very hard to develope and maintain. How will you retrieve the information you need to value your cards and why would anyone feel the need to own a card?

With the right business plan and the right developer I honestly think It could work, so goodluck!