May 30 2017 - 8:02 pm

An interactive Twitch stream is “playing” the stock market with $50,000

It claims to be the world’s first "cooperative multiplayer stock market game using real money."
Weekend Editor
preview
Screengrab via Stock Stream

Do you think you could be the next Jordan Belfort? Now’s your chance to find out—and you don’t even have to gamble your own money.

Stock Stream is the world’s first multiplayer stock market game using real money. It went live on Twitch for the first time today at 9am ET with a starting balance of $50,000. Any viewers in the stream can vote on which stocks are being bought or sold, and trades are automatically completed using Robinhood, a free stock trading app.

Every five minutes, Stock Stream viewers can vote on which stocks they want to buy—and the most popular option will be chosen at the end of that time period. In a six-and-a-half hour stream, that means that Stock Stream will make 78 trades per day.

The account started with $50,000, but trading will stop if Stock Stream’s balance falls below $25,000, according to Stock Stream’s website.

Stock Stream plans to stream every day while the stock market is open—Monday through Friday, 9:30am to 4pm ET. But, Stock Stream did warn users that the “game” will end if the account balance falls under $25,000.

Stock Stream is even keeping track of high scores, and the company may offer prizes to the best players in the future. With just over 2,000 people watching the stream at the time of writing, Stock Stream is on the verge of taking Twitch by storm.

This isn't the first time that Twitch chat has been in control of what's being played on screen. Twitch Plays Pokémon rocketed into popularity in 2014 and is still going strong. It allows the chat to essentially play Pokémon by voting on commands for the in-game character. This basic premise of Twitch chat voting and controlling what they're watching is exactly what Stock Stream is all about.

Although Stock Stream has only just begun, it'll be interesting to monitor the progress of this stream and see just how successful Twitch can be at making money on the stock market.

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