Marketwatch is the ‘Cricketer Central’ of all cricketers listed on CricStox. It gives a real-time overview of the performances of all listed cricketer stox on the CricStox market, helping you make swift decisions on the go.

Here’s what you’ll find on the Marketwatch:

All Stox:

Want to get access to each and every stox listed on the market? They’re right here!

The cricketer stox appears in the order of ‘top trending’ stox based on trading volumes in the last 24 hours. The higher the trading volumes, the more ‘trending’ the stox are. 

Pick the cricketers of your choice, check out their detailed profiles if you wish to, and trade in their stox.

Watchlist:

Want to keep a close eye on certain stox? Add them to the watchlist and track the market performance of just those cricketer stox here. You can add as many players as you want to your watchlist.

Gainers:

Gainers show you the cricketer stox with the highest % gained since the market opened on that day (12 am). Track the in-form stox here at all times, ranging from highest gainers to lowest gainers.

Losers:

With highs come some lows too. The cricketer stox with the highest % lost since the market opened on that day (12 am) will be shown in ‘Losers’. Track this list at all times to know the top losers, ranging from stox that have dropped the highest to lowest in terms of percentage.

Cricketer Card:

Find basic and real-time information on the cricketer here, such as

• Country
• IPL Team
• Cricketer type i.e Batter, Bowler, All-rounder, Wicketkeeper 
• Current Market Price
• The % change in the market price since the market opened on that day (12 am)
• Cricketer Chips: 
• These are tags that show an important ongoing activity for that stox. The three types of chips are:
• Playing - Shown if the cricketer is in the playing XI of a live match.
• Dividend - Shown for 24 hours after a cricketer receives a dividend from a match.

Quick buy,quick sell:

You might want to take certain important actions quickly when on Marketwatch.

1. Add to Watchlist - Quickly add the cricketer to your watchlist. 
2. Buy Player Stox- Takes you to the Buy screen of the cricketer stox.
3. Sell Player Stox -  Takes you to the Sell screen of the cricketer stox.
4. Delete player from Watchlist - Remove an already added cricketer from your watchlist.

Now that you know all about the real-time performance of various cricketer stox, dig into the details of each stox and know more about ‘Cricketer profiles’ on CricStox.

As the skipper of your squad, you should know your players well.

Cricketer Profile is where you can find ‘all you need to know’ about the stox listed on the CricStox market.

First up, find some key information about each cricketer such as cricketer type, the current market price & % gained or lost. From here, you can proceed to ‘Buy’ or ‘Sell’ the stox.

Price Alerts: 

We get that keeping a constant tab of ongoing price fluctuations for various cricketer stox can be a task. To help with that, CricStox lets you set ‘price alerts’ for each cricketer. Get notified the moment a cricketer reaches the price for which you set an alert.

Price Chart: 

The importance of price charts on trading platforms cannot be emphasized enough. The ‘Price Chart’ on CricStox represents the journey of the stox across different time spans, since its debut on the market. 

View real-time price charts showing price movements across time spans.

Know what these key metrics mean that you see in ‘Analysis’:

1. Today’s Volume: This represents the total number of stox traded on the current day for that particular cricketer.  
2. Circulating Supply:  Circulating supply is the number of stox out of the total supply that is currently in circulation in the market for that particular cricketer.
3. Total Supply: The total supply at all times for each cricketer 
4. Total Dividend (Instances): Total number of times that cricketer has earned dividend, since their debut on the CricStox market.
5. Total dividend (Value): The total amount (in Rs.) of dividends earned by that cricketer, since their debut on the CricStox market.
6. My Dividend Earned: Total amount (in Rs.) of dividends earned by YOU on that particular cricketer.

Bonding Curve:

The Bonding Curve signifies the relationship between price and supply of the cricketer stox. Track their journey along the bonding curve and know your stox better.

(Read more on the Bonding Curve)

Statistics:

You now know all about the performance of the stox, but that's not all. On CricStox, you can also know the detailed stats (current and historical) to tell you all you need to know about the cricketer’s on-field performance.

Go on skipper! Now that you know all about ‘Cricketer Profile’, Trade in the stox of cricketers on CricStox OR Read our next article to know more about your ‘Portfolio’ on CricStox.

The Portfolio is your ‘scorecard’ on the CricStox app. Just like a scorecard in a cricket match, the portfolio on CricStox gives you an overview as well as a detailed view of the performances of your cricketer stox.

Here’s what you can find in your Portfolio on CricStox.

Snapshot:

Snapshot is a quick overview of your portfolio. Get insights such as: 

• Current Value: The total current value of your portfolio.
• Invested Value: The initial invested value of your portfolio.
• Unrealized Profit/Loss: This shows the current profit/loss standing of your entire portfolio, as long as the position is not closed. 

It is derived from: Current Value of all Stox - Invested Value of all Stox 

• % Change: Represents the % growth or fall in the total value of your portfolio as a result of the difference between its current value and its invested value. 
• 24H Change: Represents a real-time reflection of your portfolio’s performance in the last 24 hours, in terms of value.
• No. of Cricketers: Shows the total number of cricketers held by you in your portfolio.

Distribution by Country: A graphical representation of the cricketers in your portfolio, distributed by the international teams they represent.

My Stox:

Now that you have an overview of your portfolio, jump to ‘My Stox’ for a performance breakdown of each cricketer stox held by you. Get quick insights such as:

• No. of stox of that cricketer held by you.
• Current Value - The current value of your investment in each cricketer stox within your portfolio.
• Unrealized P/L - Current profit/loss standing of each cricketer stox in your portfolio, as long as the position is not closed.
• Current Price - The current market price, i.e the last traded price of each cricketer stox in your portfolio.
• Average Price - The average price for a particular cricketer stox is the price of each stox of that cricketer held by you in your portfolio that makes up your total invested value.
• Invested value - The total value of your initial investment for each cricketer stox in your portfolio.
• Dividends - Total instances and value of dividend earned by you from each cricketer stox in your portfolio.

A great squad leads to big wins! Get trading and build a strong portfolio, skipper!

Read our next article to know more about ‘Dividends’ on CricStox.

Trading on CricStox = Trading democratized 

What do we mean when we say that?

For a long time, trading in the stocks of companies on traditional stock markets has suffered from gaps where information is not always available to the masses. At the same time, the information available involves analysis of a lot of complex data before eventually buying, selling, and trading in that stox.

But when it comes to cricket, we usually tend to call upon our innate expert or fan during almost every cricket match.

Analyzing runs, wickets, strike rates, economy rates, and averages is a lot simpler than analyzing P/E ratios, EBITDA, company balance sheets, and more. These cricketing metrics are much more easily available and accessible to everyone.

Enter CricStox > that combines the love and passion for cricket with the skill of trading. Trade in the stox of cricket players, earn dividends on their real-life performances and build your wealth - all by putting your cricket knowledge to best use.

Buying and Selling Stox of Cricketers: 

On the CricStox app, we have compiled a detailed profile for each cricketer stox, that helps you make an informed decision before buying and selling. Simply click on a cricketer card if you wish to view the detailed ‘Cricketer Profile’ screen.

Now that you are ready to buy or sell, here are some key elements that make up your trading process on CricStox.

• Estimated Price/Stox: 

Think of this as the ‘average price’ of each stox of that cricketer, depending on the number of stox you wish to buy at that given time. Buying and selling against a Bonding Curve implies that the price of each stox increases or decreases with an increase or decrease in its supply and that is why the price of each additional stox is never the same. 

The estimated price is thus the average of the prices of each stox you want to buy/sell. Read our article on Bonding Curves to know more about the same.

• How much do you want to buy/sell:

Enter either the total value or total quantity of stox you wish to buy or sell to reveal the total amount you ‘pay’ for buy transactions and the total amount you ‘get’ for sell transactions, after adjusting the fees and applicable taxes.

• Transaction charges: 

A transaction fee of 0.5% will be charged on each buy and sell transaction. The amount ‘You Pay’ (for buy transactions) and the amount ‘You Get’ (for sell transactions) will be adjusted after charging the fee.

Once the order is executed, the stox are now in your portfolio!

See you on the other side, skipper!

Hi there Skipper! Your wallet is the first step in your trading journey on CricStox. Add funds to be able to buy more cricketer stox and withdraw your existing funds and earnings from your CricStox wallet.

Here’s what you need to know about your CricStox wallet:

Add funds:

Fund your CricStox wallet with your desired amount and through the medium of your choice to buy stox of cricketers at any time.

You need to make a minimum deposit of ₹100 and can make a maximum deposit of ₹25,000 each time you add funds to your wallet. Also, keep in mind that there is a monthly deposit limit of ₹50,000.

Payments on CricStox are supported only through INR. While CricStox will not charge you a fee for depositing funds in your wallet, keep an eye out for transaction fees charged by other institutions based on the method of payment.

Withdraw funds:

Withdraw your existing funds and earnings from trades anytime you want. But remember, you need to complete your KYC to be able to withdraw funds from CricStox.

All withdrawals on CricStox are supported only through INR and the amount will be credited to your bank account attached to your KYC details.

You need to make a minimum withdrawal of ₹100 and can make a maximum withdrawal of ₹25,000 each time you withdraw funds from your wallet.

Your KYC:

Provide a few basic details, your PAN information, and bank details to complete your KYC. CricStox will verify your details and notify you upon successful verification. Verification usually takes just a few minutes but can take up to a few hours in some cases.

You can also see a detailed transaction history, and your total earnings, and manage your payments through the CricStox wallet.

One of the most important features of the CricStox ecosystem - you don't wanna miss out on this one. As the cricketers come up with strong performances on the field, you too can earn regular rewards on the stox in your portfolio - through ‘Dividends’. 💰💰💰

On the CricStox app, you can earn more through dividends on the cricketers in your portfolio.

Which cricketers are eligible for dividends? 🕵🏾

We have come up with a points system to calculate dividends based on the performance of cricketers in real-life matches. Points are awarded to the cricketers on the basis of their batting, bowling, and fielding contributions to the respective sides, and of course, certain big milestones.

Cricketers are ranked from high to low in terms of final points earned after taking into consideration certain key statistics. The Top-3 ranked cricketers (as per our poins system) and the ‘Man of the Match’ as announced in all international and IPL matches - are then eligible for dividends.

How is the dividend distributed? 🥇🥈🥉

CricStox allots a pre-decided Dividend Pool for all international and IPL matches.

The entire dividend pool for that match is then distributed in the following ratio:

Dividends are distributed based on the ratio, weighted by the respective circulating supply of each cricketer that is eligible for dividends from that match.

Let’s look at an example to ease it out:

Let’s say the pre-announced Dividend Pool for a T20I between India and Australia is ₹22,000.

The Top-3 performers based on our match-based points system are:

1. R. Sharma
2. J. Bumrah
3. G. Maxwell
4. G. Maxwell is also the ‘Player of the Match’ as announced at the end of the match.

The dividend distribution to these cricketers based on the distributed ratio and their existing circulating supply in the market will be as follows:

The weighted factor for the final distribution of dividends is thus 4 (22000/ 5500).

You will then earn dividends based on the number of stox out of the total circulating supply that you hold of that particular cricketer. 

For eg. If you have 200 stox of R. Sharma out of the total circulating supply of 1000 stox, you will get 200 x 12 (dividend per stox) = ₹2400 as total dividends on your R. Sharma holdings.

Remember: You need to hold stox of the dividend-winning cricketers before the first ball of the match is bowled.

Go on skipper! There’s a lot to be won on the CricStox market. Identify the best investment opportunities and earn big through dividends.

Now that you know about the distribution structure for dividends, click here for our detailed Match-based Points System for Dividend calculations and plan your portfolio strategy better.

To help you earn rewards through your cricketing knowledge and skill, we have come up with a simple, robust, and transparent points system to calculate dividends based on the performance of cricketers in real-life matches.

This points system has been formulated keeping in mind the various ways in which a cricketer can contribute to a match - be it as a batter, bowler, fielder, or an all-rounder.

Let’s dig deep into our match-based points system for dividends.

Runs, wickets, catches, and milestones (50s, 100s, 5-fors, etc.) are highly valuable in every format of the game. However, based on the format of the game, certain factors or let’s say, ‘game-changing contributions’, have an additional bonus attached to them.

ODI, T20I, and IPL matches:

• In these limited-overs formats, we have given additional importance to a cricketer’s ‘batting strike rate’ and ‘bowling economy rate’. These are ‘game-changing contributions’ and thus have that added bonus attached.
• Higher the strike rate of a batter, the more crucial is their contribution to the team. The lower the economy rate of a bowler, the more crucial is their contribution to the team.

Test matches:

• On the other hand - In tests, batting strike rates and bowling economy rates are not considered. Test cricket is the longest format of the game and these metrics do not provide accurate measures to judge a player’s performance in such matches.
• Points are awarded to the cricketers on the basis of their batting, bowling, and fielding contributions to the respective sides, and of course, the milestones.

At the end of the day, cricket is a team sport and every player in the winning team should be rewarded equally. In our points structure, cricketers who are part of the ‘winning team’ also get a 10% win bonus.

The table below shows the ‘detailed point system’ for all three formats of the game.

Go on skipper, let your bat do the talking, identify the best dividend opportunities, and add them to your portfolio.

Read our article on ‘Dividend Distribution Structure’ to know how dividends are distributed to the top-performing cricketer stox.

We are familiar and well versed with the order matching principle used in traditional stock markets for executing & settling transactions. 

However, the challenge with such a mechanism is to consistently find a match between the buyers and sellers. 

If there are no buyers to buy the order when a person hits the sell button, it becomes a difficult task to find liquidity in the market.

The concept of liquidity is fundamental to the stock markets and helps us analyze the risk associated with an asset or investment. 

Market liquidity indicates how quickly one can open or close their positions. Higher liquidity means less risky investments and vice-versa

A stock is liquid if it is easily possible to buy or sell it without affecting its price significantly. While liquidity is not a problem for the most widely traded assets, it is a significant barrier to buying and selling small and less popular assets.

The Bonding Curve establishes a relationship between the price and supply of the stox. At the heart of their application sit the Smart Contracts that facilitate seamless interaction between buying, selling, price determination, and managing supply.

This implies that the users can buy or sell stox through the bonding curve, even when there are only a few or no other buyers or sellers in the market. The bonding curve ensures ample liquidity at all times.

How are the prices determined through the bonding curves?

When users place a buy request, the price of the stox will move along the bonding curve in relation to the amount of supply. Each buy transaction increases the smart token’s supply and thus its price.

This implies that if you buy 1 stox of a cricketer, the price you pay is 100 INR. But if you purchase 5 stox, your average price would come out as 101 INR. Similarly, if you buy a total of 10 stox, the average buy price would be 102.25 INR. 

Effectively, if you buy 1 stox ten times or ten stox together in one transaction the pricing would remain the same in both scenarios. 

In order to safeguard the users from the pump and dump situation, the curve takes the average price for every buy and sell transaction. The price increase is determined by the slope of the curve. In a way, if the shape (and equation) of the curve is known it can give a fair idea of the price movements on the graph. The graph plots the total supply on the x-axis and prices on the y-axis.

The Curve that the CricStox uses is the Triple Sigmoidal Curve. This curve represents the lifespan of a cricketer. 

The 1st Curve represents - Player A: Currently in an early stage of his/her career, waiting for that big break.

The 2nd curve represents - Player B: A young player who just got the big break in the national team or an IPL contract, and now has a bright future ahead.

The 3rd and the final curve represents - Player C: A player who has played a lot of international cricket and who is currently at the peak of their career, who will just continue to grow from here on.

The bonding curve is the counterparty to each transaction that automates the relationship between price and supply. Hence, the prices are driven by pure logic based on the shape of the curve.

Bonding Curves have the potential to broaden the horizon of traditional finance by bringing in greater transparency and trust in the new-age financial instruments

Refer to the CricStox app and stand to earn real cash prizes!

Yes, you read that right! Help us build a community of traders and skippers and earn up to Rs. 75! 

How does it work?

• On the CricStox app, go to Account > Bonuses and Rewards > Refer and Earn, and find your unique referral code. 
• Copy and share this code with your friends before they sign-up on CricStox. OR  

Use the ‘Invite Friends’ option to share the code as well as a link to download the app, through the channel of your choice.

What do you get as a referral bonus? 

• Once your friend successfully signs up on the CricStox app using your referral code, you’re eligible to get 10% of their trade amount up to Rs 25

Hi Skipper, In this article, we will talk about the Withdrawal process on the CricStox app and the TDS implications around it.

The withdrawal process is quite simple, you can withdraw your withdrawable balance from the CricStox wallet directly into your bank account once your KYC process is fully completed.

As per section 194B of the Income-tax Act, 1961, if the prize/winning amount exceeds Rs 10,000, then the winner will receive the prize money after the deduction of TDS @ 31.2%.

The winnings on the CricStox app can be simplified into one formula. 

Winnings = Realized profits + Dividends Earned

Although the winning amount to deduct TDS is Rs. 10,000; for book-keeping purposes and to follow Govt of India’s guidelines, CricStox deducts TDS on every winning, irrespective of the amount of that winning.

The beauty of this process is that the TDS is deducted only after the user puts up a withdrawal request. Unless any withdrawal is made, there will be no TDS implacable on any profits made on the app. So the user can deploy the entire money which is in the wallet back into the CricStox Marketplace.

The TDS will be credited to the respective PAN card used while doing the KYC process and you can claim credit for this TDS while filing your yearly Income Tax Return. 

Happy Trading!