TechWeb

Olim Dives Launches Redesigned Website Offering Virtual Stock Trading Accounts, Investment Gaming Features, and Monthly Cash Prizes

May 02, 2013 (03:05 PM EDT)
URL: http://www.techweb.com/show-press-release/BR06697/olim-dives-launches-redesigned-website-offering-virtual-stock-trading-accounts-investment-gaming-features-and-monthly-cash-prizes.html

DALLAS, May 2, 2013 /PRNewswire-iReach/ -- Olim Dives has announced the launch of its redesigned web site creating the first fully integrated virtual stock trading platform and social network. The new olimdives.com provides members several ways to accumulate virtual cash which may be used to enter the annual Dive Madness Investment Bracket Challenge Tournament and a chance to win $15,000 in available cash and prizes.

(Photo: http://photos.prnewswire.com/prnh/20130502/BR06697)

Olimdives.com was first launched in September, 2012 with a focus on creating a social networking experience for the investment community. "Olim Dives was conceptualized with the intent of merging the fast growing social networking industry with the investment world" said founder Ben Hubbard. "We sought to make investing, a typically private and personalized experience, more social by allowing investors to share trades, market opinion and insight in real time with a trusted network of friends, colleagues and like-minded investors."

Since the original launch of the site, the Olim Dives team has worked to gain feedback on site functionality and find ways to enhance user experience.  After 6 months of evaluating the constructive feedback provided by the sites early adopters, the Olim Dives team decided to reinvent its platform to incorporate virtual stock trading functionality, investment related gaming features, and enhanced social interaction tools. "We have listened to our community of users and redesigned our platform to add a virtual trading and social gaming experience that allows for even greater social interaction between members."

The sites' re-designed front-end now provides each member with $100,000 in virtual cash and access to a real time virtual stock trading platform. Each user is provided various ways to earn additional virtual cash including:

  • Virtual stock trades
  • Badge level achievements
  • Stock game challenges
  • Investment blog posts
  • Network growth

Each month, a $100 cash prize is awarded to the highest virtual cash earner (by trades), top rated blogger by votes, and the member with the top trade of the month by percentage.  As a user's virtual cash value increases, they may also become eligible to enter the Silver or Gold tier "Dive Madness" investment bracket challenge tournament, a spin-off of the NCAA 'March Madness' basketball bracket challenge.  All members are automatically eligible to compete in the Green (entry level) tournament, and are required to earn their way into the Silver and Gold tournament which offer higher payouts.

"The Olim Dives team is very excited about the launch of newly redesigned site, and hope the investment community will enjoy all the new features and friendly competitive spirit the site promotes."

Learn more about Olim Dives.

Media Contact: Benjamin Hubbard Olim Dives, (214)9195-566, bhubbard@olimdives.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Olim Dives