diff --git a/.gitignore b/.gitignore
new file mode 100644
index 0000000..0f182a0
--- /dev/null
+++ b/.gitignore
@@ -0,0 +1,6 @@
+*.class
+
+# Package Files #
+*.jar
+*.war
+*.ear
diff --git a/LICENSE b/LICENSE
new file mode 100644
index 0000000..fb03fd7
--- /dev/null
+++ b/LICENSE
@@ -0,0 +1,20 @@
+The MIT License (MIT)
+
+Copyright (c) 2013 Ayush Jain
+
+Permission is hereby granted, free of charge, to any person obtaining a copy of
+this software and associated documentation files (the "Software"), to deal in
+the Software without restriction, including without limitation the rights to
+use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of
+the Software, and to permit persons to whom the Software is furnished to do so,
+subject to the following conditions:
+
+The above copyright notice and this permission notice shall be included in all
+copies or substantial portions of the Software.
+
+THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR
+IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS
+FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR
+COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER
+IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN
+CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
diff --git a/README.md b/README.md
new file mode 100644
index 0000000..7d536dc
--- /dev/null
+++ b/README.md
@@ -0,0 +1,6 @@
+stockmart
+=========
+
+A java based Virtual Stock Exchange Game (VSE)
+
+I developed the application in two parts, a client applet which interacts with a server application via TCP and UDP. The features of the client applet include live ranking, chat discussion, news items, company stocks and their market values, the status of share market and sensex. The features of the admin application (server) include live view of the users, their details, stocks and money, set news items, set time limit, block chat, delete user, view rankings, chat discussion and edit stock prices.