October 01, 2008 10:13 ET
OneSeason.com Launches Day Trading for Sport Fans
Make Your Living Room the Owners Box
SAN FRANCISCO, CA--(Marketwire - October 1, 2008) - OneSeason.com, an online sports
entertainment company, today unveiled the first sports trading platform in
the United States that uses real money. Created by sports fans, for sports
fans, OneSeason.com enables users to compete, interact and have a vested
interest in their passion. Users showcase their sports knowledge by
acquiring and trading virtual shares of their favorite players, teams and
leagues realizing market returns based on their skill.
On OneSeason.com users build a "Sportfolio" as they trade shares, called
Synthetic Ownership Interests (SOIs), via a free market system that is
driven solely by supply and demand. Users determine who is issued, when
they are issued and the valuation of every issue. While blue-chip stocks
fluctuate based on earnings, OneSeason.com's SOIs change based on public
perception in the market; which could include game performance, off-field
activity, legacy prospects and fan opinions.
"OneSeason.com quantifies all potential inputs to public perception in real
time," explains CEO Mike Sroka. "It is a virtual goods marketplace that
can be considered the modernization and merger of traditional collectible
cards, the next generation of fantasy sports and a fun way to learn about
The network provides licensed and user generated content, including sports
news, data and statistics, allowing users to keep up on sports activity and
drill down on comprehensive athlete assessments. OneSeason.com SOI prices
range from $0.50 to $20 using an intelligent splitting mechanism, making
the trading system readily available to all sports fans.
OneSeason.com has issued Initial Player Offerings (IPOs) for popular
athletes and teams across the four major U.S. sports (Football, Basketball,
Baseball and Hockey) and expects to expand to other sports as users demand.
Unlike fantasy sports, trading on OneSeason.com occurs for all sports on a
year round basis -- hence the name OneSeason.com.
OneSeason.com also provides extensive social networking features allowing
users to set up profiles, display their "Sportfolio," add friends to their
"Sport Cartel" and share their sports acumen via a "Shoutbox."
"Today, there isn't an established vertical social network that brings
together sports fans," said CTO, DJ Burdick. "OneSeason.com offers a
starting point, destination, distribution channel, and transaction conduit
for online sports activity."
All news, data, statistics and social networking features on OneSeason.com
are free. Participation in the trading system, however, will require a
user-funded account to complete transactions.
OneSeason.com is a virtual sports trading platform with social features and
content for sports fans. The system provides sports enthusiasts with a way
to compete, interact and have a vested interest in their passion. Founded
in June 2007, OneSeason.com is located a chip shot from AT&T Park in
downtown San Francisco, California and is Angel Funded. For more
information, go to www.oneseason.com.