One simple word:
When I first tried Pikum, last year, I spent 10 minutes looking around, trying to figure out how to use their betting website. At the 11th minute, I gave up. For good.
Sean Glass is an amazing serial entrepreneur and he’-ll hatch many successful ventures in the future. I am sure many angel investors will back him up, again. However, the takeaway from the Pikum failure is that your user interface should not be too original. Users are spending most of their time on other websites —-so, do have a user interface that resembles what is found outside.
Let’-s hope Jason Trost got that one right.
Pikum is a betting game created and played between people online. Players compete to see who can best predict the results of sports and other events. The person or people with the best overall predictions win. Pikum can be played for fun, or money.
SPECIAL ACCESS FOR THE MIDAS ORACLE READERS, HERE.
Previous blog posts by Chris F. Masse:
- The FaceBook profiles of the 2 most important men of the field of prediction markets
- THE HUMAN GADFLY WHOSE OBJECTIONS ROBIN HANSON IS DUCKING…???…
- Google now considers Midas Oracle as a major blog.
- Horizon 2015: A long-term strategic perspective for the real-money prediction markets
- Join our group at LinkedIn to have your “Prediction Markets” badge on your profile. It’s ‘chic’. (“Groups” info should be set as “visible”, in your profile options.) We are 63 this early Saturday morning —keeps growing.
- If you have been using PayPal to fund your InTrade, TradeSports or BetFair account, please, check that horror story.
- 48 hours after the launch of the “Prediction Markets” group at LinkedIn, we have already 52 members —both prediction market luminaries and simple people (trading the event derivatives or collecting the market-generated probabilities).