Mojo
The sports stock market.
About Mojo
Mojo is a sports stock market that allows fans to invest in athletes like stocks. Instead of betting on a single game, you buy "shares" in a player (e.g., Patrick Mahomes). The share price is based on the player's objective career statistics; share values go up when they perform well and accumulate "career value" cash.
Users can buy and sell these shares instantly, allowing for long-term investing in a rookie's career or short-term trading. Mojo guarantees liquidity. It is a legitimate, regulated gambling operator (licensed in New Jersey) that turns sports knowledge into a financial trading experience.
Frequently Asked Questions
1. specific minimum deposit?
The minimum deposit to open a Mojo account is typically $10. Share prices vary by player but can be as low as a few dollars, allowing you to build a portfolio with small capital.
2. How is value calculated?
Mojo uses an objective formula based on on-field stats (touchdowns, yards, etc.) to determine a player's intrinsic value. At the end of their career, the share pays out exactly what they earned in "Mojo Value," guaranteeing the stock has a real floor price.
3. Is it legal?
Yes, Mojo is licensed as a sports wagering operator by the New Jersey Division of Gaming Enforcement. Because it involves real money payout based on sports performance, it is regulated as gambling, not the stock market.
4. Can I short a player?
Yes, Mojo allows you to "Go Long" (betting on success) or "Go Short" (betting against a player). This allows you to profit if you believe a player is overhyped or about to decline in performance.
5. specific fees?
Mojo does not charge commission fees on trades. They make money on the spread between the buy and sell price (bid/ask spread) and a multiplier on the career value accumulation. There are no fees for deposits or withdrawals.
