This is significant.
The virtual trading site is already approaching 400,000 registered users. Now that the site is accessible on the iPhone, I believe that the site will attract a new audience of modern users who are keen to maximize their use of mobile applications.
This is a win-win.
Having more users will increase the knowledge base of the virtual community, foster new and insightful trading and investing ideas, and randomly draw in ordinary people who are just learning about investing.
There are over 10,000 applications written for the iPhone, and over 1 billion applications have been downloaded or purchased since Apple's application store launch. The numbers appear mind-boggling when one forecasts the potential number of downloads for this new kaChing application for the next 12 months.
Here is a list of some of the key features:
Here is the official announcement and a link to the free download:
- Free real time quotes backed by top rated stock research from kaChing's investors to give you the stories behind the stocks
- Shake the iPhone to get investing ideas mined from the top performing portfolios
- Connect existing kaChing portfolio (or start a new one) on the iPhone
- Follow favorite investors in real time
1. Get Investing Ideas
2. View Portfolios
3. Get Stock Quotes and OpinionsDisclosure: on Opinion only. kaChing.com is privately owned and backed by well-known venture capitalists. However, if I could invest in this company, I would! In the meantime, I'll take the next best thing: becoming a better investor through my involvement in and the support from this virtual community. Get updates of these blog entries via twitter at http://twitter.com/chrispycrunch