Wired News prediction markets at Inkling
Chris F. Masse January 3rd, 2007
The Wired News predictions. The associated (play-money) Inkling prediction markets —well, a bunch of them, only.
As for these Inkling prediction markets behind a wall, it’s complete crap. PMs should be for all to see.
- Exchanges & Markets
- Comments(3)
“PMs should be for all to see.”
Why? They paid for the software and the infrastructure to create the markets, why should they not be able to limit access to their markets? (And if it doesn’t cost anything, is it really “behind a wall”?)
Using this logic, shouldn’t you be beating down Bo Cowgill’s door to see the results of Google’s prediction markets?
Google’s corporate prediction markets are designed for internal use.
The Open Democracy prediction markets are about public topics. If they want these virtual markets to work, they should draw traders in, and for this, they should attract external attention —unless Open Democracy is an Internet mogul like Yahoo! or Google, which I don’t think.
Make difficult for bloggers to link to your public prediction markets = a recipe for disaster. Mark my words.
CFM is right. Worse, the Open Democracy markets are not very creative. I’m happy to see them try but I expect them to be disappointed in the results.