Mediapredict.com In their own words
“Media Predict rates media content. We do so with prediction markets, and we believe our method may well be more effective than any other available today. Media Predict uses prediction markets to identify media products worthy of investment and development. Prediction markets have an astonishing record of success in forecasting economic indicators, election results, sales levels and more. Our markets help media companies put out better content, which means better media for everyone.”
Why Mediapredict.com might be a killer
Media companies are always looking to find the next be thing, whether that may be a new book, or an undiscovered band. Media companies can use all the market research they can get, in order to better there chance of succeeding. The site could not only become popular with companies, publishers, and investors looking for insight, but also the game aspect can attract an everyday book critic, or just someone looking to have a little fun and bet using fake money.
Some questions about Mediapredict.com
Are the amount of bets placed on a single product accurate of the quality and chances for success? How is the data organized and protected to not be skewed?
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