I am full of energy today, because I have seen the rebrand live - so excuse me for those many posts at one day.
Remember the days, when online Poker was the hot new thing like in 2006?
Did they force you to cashin and play with real money? No, they didn’t… they gave you a Simulation Mode, where everything was identical to their real product, expect they gave you free chips. Their conversion rate of those beginners to real money players was just impressive, almost every one of my friends ended up playing real money - even if they planned not to start.
Now we have the situation:
Imagine Fulcrum today is PokerStars 2006 without the simulation mode - and requiring new traders without showcasing their system in an interactive way to invest real money to try it out. Would this poker hype worked out like this? I guess not!
This is a serious entry barrier - but we can remove by providing a simulation mode.
How do I imagine this?
Check out the simulation mode on instadapp! This is fantastic feature, you can try out everything, understand the functions and try if these actions have the result you expect them to bring!
You enter simulation mode on Fulcrum - the display turn into virgin pink or something to make clear it’s not real!
You will get into a simulated account of yours, where you have play money like 100k USDC or 100 ETH to start with. Everything can be done, you can margin trade, win like a bandid or get rekt, borrow, lend - whatever. Whatever is done is based on real your play credit but is based on the same oracle data like the real version - asset prices, interest rates or even gas fees. (just make the confirmation times quicker maybe)
What is the goal by this?
Have users understand the Fulcrum platform and make it more likely to convert them to active users.
What else could we do by this?
We could create tutorials or little games where the users can learn how to trade by historical chart situations.