American innovators Kaden Beckstead and Justin Hendrickson have developed an innovative new stock trading app that aims to harness the power of gamification to help people begin their learning journey towards being able to take advantage of the stock market.
The 'StockMotion' app begins by taking users through a questionnaire in order to understand their priorities and risk tolerance, after which it deploys a special curriculum to help them get their basics sorted, ranging from economic principles to definitions of different investment vehicles.
Inspired by the wildly popular 'Duolingo' language learning app, the 'StockMotion' app aims to use short lessons and a gamified format to keep its users hooked, making this an excellent option for people who don't have a strong financial grounding but would like to change that.
Gamified Stock Trading Apps
This App Uses a Play-Based Curriculum to Teach You About Stocks
Trend Themes
1. Gamification of Education - There is an opportunity for creating gamified lesson plans for different industries besides stock trading.
2. Mobile Learning Apps - Opportunity to develop other mobile learning applications for various technical skills that use a similar short lessons approach as StockMotion app.
3. AI Personalized Learning - Introducing AI for personalized education can help users to improve their financial literacy skills at a faster pace.
Industry Implications
1. Personal Finance - Gamification can be applied to personal finance education to enhance learning experience and boost financial literacy skills.
2. Education Technology - An opportunity exists in the education sector to develop technology that personalizes the learning experience for users.
3. Investment Banking - Gamifying education for financial skills like stock trading has the potential to make investment banking more accessible to the general public.