Verified by Zerodha
Collaborated with Console team on Design and Launch of VerifiedP&L by Zerodha.
Problem
Everyone claims to be an expert in the markets. Social media is full of these so-called experts. They scam users by showing fake edited profits screenshots or videos. Innocent people, join their expensive webinars only to end up losing their trading capital by following their advice and the fees they have paid.
Users
There are 2 types of users who we need to design this for.
Professionals / Influencers
People who are publishing content on Social Media or in communities. People trying to get jobs as Traders. Share their profit and loss statements via screenshots.
Consumers / Fans
People who follow the professionals. With rising number of scams around the P&L statements. Editing, modifying the numbers, the consumer can't trust anything.
Solution
To stop this scam, we came up with idea of Verified P&L. Verified P&L shows a 100% accurate P&L of a trader as the data comes directly from the exchange. This feature will help people know who the good traders are so they can follow them instead of fake ones.
Professionals can share a link and Consumers can rely on the factual data of their profit and loss statement.