Invest in shares of videos, bookmarks, stories, blogs, or profiles. Buy low, sell high. IPO your own creative products.
I bet it’s powered by Inkling Markets. It’s not powered by Inkling Markets, I’m told.
About Meta-Markets:
Meta-Markets is a continuous stock market, up and running 24/7, like a living organism. It has many markets each composed of different values generated by people’s products in networked public spaces. Current markets are open to all members for trading and for offering their own products to public (IPO). We select markets based on their popularity and accessibility through APIs. More markets will be added in the future. We are also interested in experimental markets such as markets composed of normally invisible values sensed from physical public spaces. Check out an early experiment, A Stock Market in Life (2006), we made by registering how many people are in the space at any one time and feeding this information to a stock market server.
About Meta-Markets
Meta-Markets is an online stock market for trading shares of socially networked creative products such as YouTube videos, Delicious bookmarks, Digg stories, blogs, or social network profiles. It has many markets each composed of different values generated by people’s creative products in networked public spaces. By trading in Meta-Markets you invest in these entities’ values, which are video views, bookmark counts, blog hits, or social network friends. As a result both investors and creators of these products make money. With Meta-Markets we aim to help people to retain the value of their immaterial labor in social web services.
If you are a frequent user of social web services, then Meta-Markets is for you. Invest in other’s products and open shares of your own products to public. Together we will extract the value of our creative labor normally embedded in the social web services.
How does Meta-Markets work?
Sign up and get an initial amount money to start your investments. The currency is “buraks”, which is the foundation currency of the MIT’s Openstudio online economy. After you sign up, you can buy and sell shares from available stocks. Of course the goal is to buy low sell high. Meta-Markets is a peer-to-peer market, so you always buy from a person and other people buy directly from you. You set up the price to your stocks, if you put the price low people most likely buy it, if you set it high you sell when its worth that much. Watch the changes in the last price, and change your prices accordingly.
To IPO your own creative products, you must be the owner of that product in its domain. When you IPO your product, the majority of your product still belongs to you, you open less than 50% shares to public. After the IPO, people buy your shares, and you make instant cash.
This an introductory information, the full documentation will be published soon.
Why?
Socially networked creative products have values, which are measured as rankings, views, or hits. Ranking of your work is commonly used as content filters and your work generates money via advertising. However you do not get paid with money for your labor. Every creative person needs to be economically powerful to keep doing work. With this project we are hoping help people to retain the value of their immaterial labor in social web services. If this can happen, eventually economic power brings political power to creative people.
Origins
Our research in online economies and sustainable life forms for creative people started at the MIT laboratories. MIT Media Laboratory Physical Language Workshop group seeded the ideas that we discuss and apply here.
OK, the MIT is the culprit here. 
