March 19, 2006

screenshot CrowdIQ

CrowdIQ

Put crowd wisdom to test in your own fantasy prediction markets.

Prediction markets are speculative markets created for the purpose of making informed predictions. The contracts in each market represent a particular event. The current price is interpreted as the crowd’s confidence in the contract satisfying its criteria by a set date. If the contract’s criteria are met, the payout value is awarded to each member for every contract owned. If not, the contract expires worthless.

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