Re:Ask HN: Would you use a prediction market mobile app
by vskr on Tuesday December 18, 2012 @05:17AM
(#4936873)
There will be virtual currency involved. So, when users participate and if they predict correctly they will earn virtual currency.
Most of the events in prediction markets involve something that user already knows what is going to happen.
Re:Ask HN: Would you use a prediction market mobile app
by dear on Tuesday December 18, 2012 @07:42AM
(#4937196)
Virtual currency isn't real money and I doubt it would create enough incentive for people to take their participation seriously enough to give you accurate predictions. The only way is to use real money.
As a game, I think prediction markets do not entertain too many people because predictions are very long term. Have you thought of a way to fix that?
For what it's worth-- one of the issues I'd have with a mobile format for making more serious predictions myself would be that it's harder to do research on such a small screen.