Hi Everyone,
It’s time to announce the results of Challenge 3. I generated the prices a few days ago and now I have calculated the profit made by each participant.
For Challenge 3, participants were required to play a trading game that I invented. This game required participants to buy commodities from any of five hypothetical towns and then sell these commodities a week later at another town or city in attempt to make a profit. The participants were also required to explain how they made their selections and present the logic supporting those decisions.
Here is a link to the original Challenge 3 post.
Here is the link to the price calculation video.
So here is a just a quick recap of the prizes up for grabs for this challenge.
I would like to thank all seven participants for entering and taking the time to write posts and make the necessary analysis to determine the best commodities to buy. The participants are as followers.
The following table contains the profits and ROI made by each participant
| Pos. | Participant | Profit | ROI |
|---|---|---|---|
| 1t |  @toyinbaruba | $8.8M | 88% |
| 1t |  @doughtaker | $8.8M | 88% |
| 1t |  @wireless07 | $8.8M | 88% |
| 1t |  @knowledge-seeker | $8.8M | 88% |
| 5 |  @deewhy07 | $4.5M | 45% |
| 6 |  @diya28 | $2.8M | 28% |
| 7 |  @lavanyalakshman | NA | NA |
As we have a four way tie for first place, I am splitting first and second place prizes between the four winners. I am adding an extra 1 SBD so that each winner can come away with 4 SBD each. Well done for making a great decision to buy copper in Meteor City and to then sell in Grudge Town.
The Spectrum Economics favourite posts goes to
In addition to the 4 SBD from sharing first place, you (
Challenge 4 has just finished and voting will begin in a day or two. The link to the Challenge is available below. Challenge 5 is also about to commence, so keep your eyes open for that post as well.
