Crowdsourced forecasting using prediction markets. We've lived to tell the tale.
Wednesday, June 21, 2006
Wall Street Journal Mention
Wall Street Journal article
Monday, June 05, 2006
Corporate Sites
Prediction markets are a fairly new phenomena for use inside corporations. A few pioneering companies and some of our fellow prediction market vendors have run a few, but they have never been widely used.
We’re doing some projects too, one with O’Reilly Media, and others we can’t disclose publicly yet. So far things have been going well and we hope to share more about these projects as they continue.
As longtime consultants for some of the world’s largest companies, we know how important it is for decision makers to have as much insight as possible for decisions they are making. We also understand how critical it is to minimize risks. We feel prediction markets can play a critical role in both scenarios.
We feel so strongly about this that we’ve made it insanely easy for any company or organization to try out Inkling. Prediction markets don’t have to be hard to set up and they don’t have to be hard to use without reaping their benefits. Click on “Corporate Sites” and see the companies who already have Inkling sites. If your company is not listed, contact us and we’ll set one up in minutes.
It’s that easy. No obligation, no risk, and only people with an email address from your company can participate so no one else can see what you’re doing. And the interface is the same easy to use one you’re used to with the Inkling public site.
Thursday, June 01, 2006
Discussion Boards
In response to many of you who want to converse with your fellow traders and share tips on using Inkling we’ve created discussion forums at:
We’ve also created forums specifically for those who have written and are managing your own markets. You can hopefully use these forums to exchange best practices, tips, and tricks.
Finally we’ve also created a forum for those of you interested in the larger field of prediction markets.
These forums will be moderated only for inappropriate content. If you feel something is inappropriate, please let us know and we will investigate.
Real-time Market Data on Your Blog and Website
You can now make your favorite Inkling Market results available on your blog or website.
Just click on the link: “show real-time results of this market on your blog or website” on any of the market or stock pages, copy the three lines of code, and paste them where you want them to show up. The prices are updated instanenously whenever someone goes to your blog or website.
This is a great way for those who are running markets to advertise your market elsewhere to try and get more traders, or if you are a trader in any market, it’s a great way to tell others what the “crowd” thinks is going to happen.
Here is an example of what the widget looks like:
src="http://www.inklingmarkets.com/market/widget/120">
As always if you have any suggestions or questions, let us know.