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http://bbc.in/2cDfN82 Video of the 12 hour assembly here.


Brief background: Locket provides advertising on your Android lockscreen. User gets a penny for every time he sees an ad on the lockscreen.

My question: Why should Locket pivot due to people trying to "scam the system"? It's like Paypal in the early days giving up because too many people are trying to hack the system.


Hey Paul, thanks for the feedback!

Yeah, agree on the deal-maker. Maybe we can tweak the app copy to see if that improves the downloads.

Also, we have a lot of reviews (250+), but since we just updated the app, the ratings don't carry over.


P.S. but even before this update, with 250+ ratings visible, there wasn't really a noticeable difference in installs.


Thanks! Why though would people click on the ad which is clearly about stocks, if they don't want a stocks app?

It's difficult for me to understand this.


Yes, we are. We might have to move to a proper paid service like BATS when this gets bigger.

http://www.quora.com/Stocks-financial/Where-do-sites-such-as...


We're thinking of an up-sell strategy. Our team has a lot of financial experience (ex-wall street), and there are many advanced products such as portfolio analytics, diversification metrics and risk ratios etc. that we could sell.

A basic stocks app is our way of reaching our target audience.

To be honest though, this is more a guess that anything else. Hopefully we won't have to do banner ads without the app. Those are really ugly.


Thank you! That's a really good point. We'll be adding a Commodities watchlist in the near future!

Are there any particular tickers that you use? With oil, there's spot and futures. The ones on yahoo are mostly futures dated the next month. It would be more involved to have to keep updating it monthly as opposed to an index.

It would probably be more straightforward to use an index like iPath S&P GSCI Crude Oil TR Index ETN (OIL)

What do you think? Thanks!


Not necessarily, there are cheap $1 brokers like Interactive Brokers. I've used them, they get the job done.

http://www.interactivebrokers.com/en/?f=commission


The comment I meant to reply to was a first time buyer. It's more likely he/she spent $20/trade.


How about http://99designs.com/ ?

You could choose the one you like best, and approach the designer for additional work.


Unfortunately the result is usually pretty crappy.

I'm looking for great designers like those who advertise on Sortfolio, not just a "cheap" one, which seems to be whom 99designs is targeting.


Update: We just got a call from Apple developer relations explaining that all apps which makes use of animation on the lockscreen are not allowed. Well, at least a definite no saves us development time in trying to iterate further on this.


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