LOS ANGELES--(BUSINESS WIRE)--MarketDraft, a fast-growing platform launched in 2021, is revolutionizing the way people learn about the markets and investing. Through its unique approach of combining education with game play, the platform is providing a free, fun, and interactive learning experience for its rapidly growing community of thousands of users in the stock and crypto markets.
But MarketDraft's impact goes beyond just its educational offerings. The platform is also bridging a new approach to advertising, using sponsorships and advertising revenue to payout cash prizes to contest winners in a subtle, almost unnoticed format. This innovative approach to advertising has the potential to change the way businesses reach consumers, and as the digital advertising market continues to thrive with over $500 billion spent on digital ads in the United States each year, MarketDraft's valuation is consistently on the rise. In fact, the platform is forecasted to reach a multi-million-dollar valuation in the near future, with some industry experts predicting a potential billion-dollar valuation within the decade.
The concept of education through game play is not a new one. In fact, it dates back centuries, with the first known examples of educational games appearing in ancient civilizations. From the abacus in ancient China to the board game senet in ancient Egypt, people have always found ways to make learning enjoyable and interactive. But MarketDraft is taking this concept to a new level by using technology to deliver educational content in a fun and engaging way. The platform's game play options and educational content are constantly evolving, with many different game plays and hundreds of educational articles added to the platform since its launch. And with its possible adoption in schools, MarketDraft has the potential to help future generations gain a better understanding of the markets and investing strategies – something that previous generations have struggled with. According to a study by the National Endowment for Financial Education, only 22% of Americans are considered financially literate, and this lack of financial literacy has been linked to higher rates of financial stress and lower levels of retirement savings.
The benefits of early investment opportunities are well-documented, with studies showing that individuals who start investing at a young age tend to see higher returns over time. This is because the earlier you start investing, the more time your investments have to grow and compound. According to a report by the Securities and Exchange Commission, a 25-year old who invests $5,000 per year until age 65, with an average annual return of 7%, would end up with over $1.2 million by the time they retire. This is compared to someone who starts investing at age 35 and only invests for 30 years, who would end up with just over $500,000.
But starting to invest at a young age isn't just about the potential for higher returns. It also helps to build good financial habits and can even lead to a greater sense of financial security. A study by the Global Financial Literacy Excellence Center found that young adults who received financial education were more likely to have an emergency savings fund and be on track to meet their long-term financial goals. And with MarketDraft's adoption in schools, future generations will have the opportunity to learn about the importance of saving and investing at an early age.
In addition to its educational benefits, MarketDraft's innovative approach to advertising could also have a positive impact on the way businesses reach consumers. By using sponsorships and advertising revenue to payout cash prizes to contest winners, MarketDraft is providing a new way for businesses to directly connect with their target audience in a subtle, almost unnoticed format. This could potentially lead to more effective and cost-efficient advertising for businesses, with a study by the Association of National Advertisers finding that experiential marketing – which includes interactive events and experiences – has a higher return on investment compared to other forms of marketing. And for consumers, this new approach to advertising could even drive down the cost of advertising, as businesses are able to reach their target audience more effectively and efficiently.
MarketDraft isn't just a valuable resource for learning about the markets and investing – it can also be a source of income for its users. With over $150,000 in cash and prizes paid out to its contest winners to date, MarketDraft is providing an additional way for users to earn money through their knowledge and understanding of the markets. And with its constantly evolving game play options and educational content, users can continue to improve their skills and increase their chances of winning cash prizes. MarketDraft platform is slowly creating a new ecosystem that is inclusive to the millions of people who may not understand or are intimidated by the risks associated with investing in the markets, who now can benefit financially and mentally through participation in MarketDraft’s platforms simulations of the markets.
As MarketDraft continues to grow and evolve, it is clear that the platform is making waves in the education and advertising industries. With its unique approach to learning about the markets and investing, and its potential to change the way businesses reach consumers, MarketDraft is a platform that is worth paying attention to. If you're interested in learning about the markets, investing, or advertising, or if you simply want to have some fun while doing so, check out MarketDraft today and see what all the buzz is about.