The Stonk Exchange
New companies, and a say
The city grows by vote. $TOWER holders suggest what to build and vote on it. A new building comes to the Exchange through an IPO: one price for everyone, and the small requests are filled first.
- 1 token, 1 vote
- One price for everyone
- Small requests first
Votes, IPO pages and results are open to everyone to read.
From idea to ticker
How a building joins the city
01Suggest
Any player can suggest a building from the Exchange's City vote tab: a name, the idea, how it fits. One suggestion at a time.02Shortlist
Suggestions are read and the best are shortlisted, in public. One that is turned down says why.03City vote
The shortlist goes to a vote of every $TOWER holder. “None this cycle” is always an option.04The owner answers
In public, after the vote. A result that can't be built is turned down with written reasons.05Built
The building goes up in the city, and its business opens.06Listed
Its company comes to the Exchange, usually through an IPO, and trades on its own curve.
Happening now
You won't miss one
An IPO taking requests and a city vote taking ballots are both told wherever you are, not only on the Exchange's own pages.
01On your phone
Happening now is the first card of the phone's Exchange app: a row for each IPO and vote that is open, with the time left, one tap away.02A count
The Exchange's icon on the phone and its link in the top bar count what is open that you can take part in and haven't looked at yet.03A notice
When one opens, a notice says so, once: “IPO open” or “City vote open”.04One reminder
Before it closes, if you opened it and did nothing. Never a second one.
The count, the notice and the reminder go only to players the Exchange's trading is open to; for a vote, only to a wallet the vote's snapshot found holding $TOWER. Anyone can read the card, and the votes' own pages.
City votes
One $TOWER, one vote
When a city vote opens, the city takes one snapshot of who holds $TOWER: in a wallet, as chips, or in Stonk Market shares at what they would sell for now. Your vote weighs what you held at that moment: moving tokens later changes nothing.
You sign your ballot with your wallet. You can change your mind until it closes; your last ballot counts.
A result counts when enough take part: at least 10% of the $TOWER held by the city's players, from at least 10 wallets. Votes are advice: the owner answers every one in public.
- A bowling alley on the Boardwalk46%
- A shooting gallery downtown31%
- None this cycle23%
IPOs
One price, a set window
An IPO offers 5% of a new company's shares at one published price. Its terms are fixed when it is announced, and never change.
- Announcedthe price and the terms, fixed
- Requests open24 hours later
- Ask for sharesfor 2 days
- Shares shared outsmall requests first
- Tradingon its price curve
Who gets what
Small requests are filled first
When you asked doesn't matter, only how much. Everyone is filled up to the same level; drag the shares on offer:
Six players asked for 840. Everyone is filled up to 136, so every request of 136 or less is filled in full, and the last 2 shares go one each, by a draw no one can steer.
Founders
Your name on the building
Every holder wears a small brass badge for each company they own, on their player card and their tower's page. Founders wear it with a founding mark, and keep it even after selling.
An IPO's founders are the players who got shares in it, and they can put their name on the building's plaque. The first companies skipped the IPO and went straight onto their curves: their first fifty buyers are their founders, on the plaque too.
The whole Exchange
The Stonk Index
The Stonk Index is one number for the whole Exchange: every company's price, weighted by how much of it players hold, starting from 1,000 the hour the first company listed.
Its page shows which companies are in it and how many points each added or took away today. It follows prices; it holds no chips and pays nothing.