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OneSeason to Rule Them All?

Oct 7, 2008 | 1 Comment |
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By: Senior staff writer – Easton Ellsworth

As the stock market tumbles and the tech industry sweats nervously, it’s nice to know that some folks out there are focused on having fun.

Take OneSeason, for instance. The new tech startup from San Francisco allows you to invest those pennies you’ve just yanked off of Wall Street into real-world sports stars.

Instead of buying a piece of a company, you’re placing confidence in the future prospects of a professional athlete. And you can see how sports are doing – baseball, anyone?

But you still get nifty stock symbols. And you can still add and withdraw actual funds just like you can in typical investor gathering places like NASDAQ or the NYSE.

But is it all fun and games?

OneSeason says it has an algorithm in place to prevent investor fraud. And hang on to your uniform – OneSeason will only let you transfer $2,500 USD into your account in a 12-month period. Saith the FAQ: “We want to ensure that this is used only for fun and entertainment purposes.”

Aww. Where’s the fun in that? :)

Time will tell if the OneSeason system can be (ahem) gamed — and if it proves to be a game-changer in the fantasy sports world.



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1 Comment »

  • AthletixNation | TechStartups.com said:

    [...] here and here for previous TechStartups coverage of sports-related startups. Tags: AthletixNation, [...]

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