Comments on: PublicGyan, Soical App that is a Futures Market in Everything

By: Karthik

Karthik — Wed, 25 Feb 2009 03:54:30 +0000

It is an excellent idea to have Public Knowledge Exchange. Having a public knowledge system in any subject will be of help to the public

By: The New Market Machines » Blog Archive » “Futures Market in Everything”

Fri, 03 Feb 2006 00:37:58 +0000

[...] Om Malik on Broadband : » PublicGyan, Soical App that is a Futures Market in Everything: [...]

By: cxs

cxs — Sat, 22 Oct 2005 16:39:13 +0000

this looks similiar to the HSX which has been very successful for over a while now. It works extremely well with a large user base on toy money.

By: Om Malik’s Broadband Blog — » Why markets will have a say in almost everything

Thu, 20 Oct 2005 20:16:44 +0000

[...] A few weeks ago I wrote about PublicGyan. Now Time magazine has picked up on the theme of Why markets will have a say in almost everything [...]

By: Nitin

Nitin — Sun, 09 Oct 2005 08:58:03 +0000

Gopi,

The question of real vs play money is much discussed in prediction market theory. While real money games work best, play money markets with sufficient liquidity can do as well. (see the wikipedia article on prediction markets).

By: Gopi

Gopi — Fri, 07 Oct 2005 17:57:56 +0000

Good Idea , but the big problem i see is users are basically trading using virtual money... IMHO , predictions of a futures market will correlate with truth if only if users put real money on what they bet otherwise they are just rooting for what they want/wish to happen!.

For example ,as a expatriate indian i am sure going to bet fun money on a indian winning formula one ,but things will be different if am betting real money !

By: Srijith

Srijith — Thu, 06 Oct 2005 15:36:21 +0000

Thanks for the introduction Om!

Just to update, we already have a plugin for MT, WP and a Javascript based service for Blogger based and other static web pages. http://www.srijith.net/trinetre/archives/2005/10/06.shtml#000966

Anyone interested in getting an invite just needs to drop a word at http://www.publicgyan.com/message.php