Have you heard of Prediction Markets?
- Prediction Markets, unlike polls, incentivize accuracy. Participants take a stake in what they think is correct, promoting rigorous research and reducing bias.
- In contrast, social media posts and polls, using upvotes and downvotes or having users choose with no stake, are not as robust.
- Of course, as with anything, the knowledge of a community is tied to the ability of the participants.
- Our solution is to empower individuals to run their own prediction market platforms to attempt to use the wisdom of their own crowds to out-predict one another.
SocialPredict is Open Source Software Which:
- Embraces the open-source ethos, making our platform free for anyone to deploy.
- Enables users to harness domain-specific expertise to create more accurate predictions.
Imagine a prediction market platform tailored to specific interests, for example, photography and cameras:
- An admin runs a photographers-and-industry-specialists-only prediction market platform.
- Discussions and bets on technology predictions, specific to photography and adjacent technology will focus on understanding what will be new in the following year.
SocialPredict's mission is to provide a versatile platform that:
- Empowers communities to predict outcomes efficiently.
- Fosters a deeper understanding of chosen domains.
- Facilitates the exchange of valuable insights.
Join us in shaping the future of prediction markets by building connections and expertise within your community.
- Info on Local Setup
- Info on Market Mathematics
- Info on How Economics Can Be Customized
- Info on Development Conventions
- Info on Feature Roadmap
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