The Full Wiki

Celebdaq: Wikis

Advertisements

Note: Many of our articles have direct quotes from sources you can cite, within the Wikipedia article! This article doesn't yet, but we're working on it! See more info or our list of citable articles.

Encyclopedia

From Wikipedia, the free encyclopedia

The Celebdaq logo

Celebdaq was an online "celebrity stock exchange" game on the BBC's website. In the past the game had its own television show on BBC Three. The television show was presented by Paddy O'Connell & Libby Potter. Later, the comedian Jenny Eclair was the presenter.

Players are given the opportunity to buy and sell shares in celebrities using £10,000 of virtual cash. As in real-life stock markets, the trading of shares causes each celebrity's share price to fluctuate, allowing profits to be realised. Weekly dividends are paid on shares owned based upon how much press coverage the celebrity has received in a number of daily newspapers and magazines. There is also a version specifically concentrating on sportspeople, called Sportdaq.

Contents

History

Celebdaq was launched on the BBC website in mid-2002. It was based on other very similar games, Popex.com which had been 'trading' in musicians since 1998, and Hollywood Stock Exchange. The Celebdaq code was a port of the popex code, with some additions. The website consciously imitated the financial setting of the Stock Exchange with share prices fluctuating continuously around the clock.

After a slow start and a number of rule changes to prevent cheating, the game rapidly gained popularity and a weekly prize for "Top Trader" was instigated consisting of £100 in cash along with a stripy jacket replicating those worn by traders on the floor of the stock exchange. The prize was later changed to a selection of merchandise.[1]

The site was used to promote the new BBC Three digital channel which opened the following year, and Patrick (Paddy) O'Connell, a former business correspondent and real-life stock exchange expert, was engaged as presenter of the tie-in BBC Three TV shows which were broadcast from 14 February 2003 to 18 March 2004.

In 2004 Celebdaq was chosen as the best entertainment site on the internet at the Interactive Bafta awards[2].

Until 2005 the BBC also provided online message boards for traders to discuss strategy and post tips for the coming week. Following an incident in which a footballer who had taken out an injunction preventing publication of a story was named on the site, the BBC tightened editorial controls and shortly afterwards the official Celebdaq message boards were scrapped altogether. [3]. There are still a number of MSN Groups, where experienced players and former top traders post their weekly tips thread.

New Celebdaq game

On 7 January 2010 the BBC announced the creation of a new Celebdaq game [4]. As of 29th January 2010, the two games are running in tandem, with the new game in beta [5]. Although it was possible to upgrade an account, it was not possible to carry on trading shares that are already owned.

End of Celebdaq

It was announced on 1 February 2010 that Celebdaq and its sister website Sportdaq are both to close on 26 February 2010 at 1300 GMT, as part of a series of cuts to the BBC's online services [6]

Weekly Events

Millionaire Day
Everyone who has a portfolio worth over a million pounds gets 'kneecapped'. In the early hours of Monday morning, traders who are worth over a million pounds will have their portfolio emptied, and exchanged for a status symbol, depending on how much you have. See Kneecapping and Status Symbols . Traders who have had their portfolio emptied will be given £10,000 to keep on playing.
Top Trader
The person who has made the most profit in percentage terms during the last 7 days wins celebdaq merchandise. The winner has often made 20+ fold increase. However, Since August 1, 2007 the "Top Trader" competition has been suspended.[7]
Diary Day
A list of upcoming celebrity events during the next week is put on the website. This can be used as a guide to who is likely to get dividends.
Dividend Friday
The dividends accumulated during the last 7 days are handed out. The dividend received depends on how long you have owned the share. Only shares that have been owned from Monday till Friday receive the full dividend.

Kneecapping and Status Symbols

This happens when someone accumulates over £1 million. They have all their money and shares taken off them and given a fresh £10,000. This prevents people controlling the market when they acquire large amounts of cash. To compensate them they are given status symbols to replace the number of millions they had.

  • £1 million: Fat Wad of Cash
  • £5 million: Sexy Car
  • £10 million: Luxury Yacht
  • £25 million: Very Big House in the Country
  • £50 million: Executive Jet
  • £100 million: Exotic Island
  • £500 million: Crown of a Minor Nation State
  • £1 billion: You Become Bill Gates

References

External links

Advertisements

Advertisements






Got something to say? Make a comment.
Your name
Your email address
Message