The .xyz community is home to many decentralized finance solutions, cryptocurrency tools, and investment platforms. Cryptocurrency investment platform Launchpool.xyz offers valuable exposure of investment projects to their growing community. Crypto wallet Monolith.xyz aims to make it easier for users to buy, store, and spend their cryptocurrency in the real world. Decentralized finance platform Matcha.xyz works to get crypto traders the best rates on currency exchanges. Whether you’re interested in cryptocurrencies or in the NASDAQ stock exchange, you might be wondering how much you would have made if you had taken the plunge. In this week’s #WebsiteWednesday we’ll introduce you to a web application that aims to help you satisfy your curiosity about investments: IfYouBought.xyz.
IfYouBought.xyz is a web application that helps you determine how much money you would have made if you invested in stock or cryptocurrency in the past. Visitors can search or choose from over 4,000 companies and over 100 cryptocurrencies. Simply enter the year and the amount of stock or cryptocurrencies you may have considered, and the website automatically displays how much money you would have made as of today. Muhammad Azeem and Naeem Noor, two Pakistan-based developers, created the app after they started investing in cryptocurrency. As Muhammad explained on ProductHunt, they decided to build the app to answer the question that other potential investors probably wonder. How much money would you have made investing in any cryptocurrency in the past? They expanded their idea and developed IfYouBought.xyz to pertain to cryptocurrencies as well as stocks.
The web application offers nine pages of over 100 cryptocurrencies to choose from for a review of pricing, growth, and more. Simply click on the Cryptocurrencies link to begin your crypto-related search. IfYouBought.xyz’s cryptocurrency data is powered by Token Metrics, a cryptocurrency platform that uses professional analysts, analytics, and artificial intelligence to inform its recommendations. We opted to take a closer look at Ethereum. IfYouBought.xyz provides the cryptocurrency’s symbol, which in this case is ETH. It also displays the current price, which is subject to frequent positive and negative change. You can also see the total volume of ETH. Below this information is where you can calculate how well your investment would have paid off if you had already purchased ETH. You can modify the amount of cryptocurrencies purchased and you can select the year. The application then calculates the amount you’d have earned as of today, and shows you the old price from time of purchase and the current price. At the time of our search, we learned that if we had purchased 100 units of ETH in 2020, we would have earned a profit of $216,601 as of now.
At the bottom of the page, IfYouBought.xyz offers background information about the cryptocurrency you have selected, such as how users are able to generate ETH through the process of mining, and that It is currently trading on 5,454 active markets with $15,141,636,814.80 traded over the last 24 hours. As an option, the application routes users directly to the cryptocurrency’s online home for comprehensive information. IfYouBought.xyz also links to cryptocurrency token information hub Exchainge.xyz, another innovative member of the .xyz community, for price predictions. On Exchainge.xyz, visitors can glean more information about recent performance of cryptocurrencies and what it might cost at various price increases.
IfYouBought.xyz features a similar “what if” tool pertaining to company stocks. There are over 4,000 companies to choose from by browsing 172 pages of options, or you can use the search bar to search directly by company name. The application shares the IPO date, symbol, it’s current price, and the market cap of each available company option. You can select the specific number of shares and then the year of purchase. After you select the year of purchase, you can then choose a specific date within that year. We selected Mattel as an example to learn what we would have earned if we purchased 100 shares of Mattel Inc. (MAT) back on September 1, 2019. At the time of our search, we learned that we would have earned a profit of $936. We also learned that the price at time of purchase was $9.35 per share, and the current price is $19.12. Beneath this calculated information, IfYouBought.xyz shares background information about Mattel Inc., such as it’s specialties, when it was founded, and where it is headquartered.
As interest in investing continues to grow, we are excited to have another innovative website like IfYouBought.xyz making it’s online home at .xyz. Take inspiration from Muhammad and Naeem to harness the power of your .xyz website to bring your web apps and other innovative ideas to life. Stay up to date on your investment queries by visiting IfYouBought.xyz and by joining their mailing list.