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Cambrian House began as a crowdsourcing community using a wisdom of crowds based approach to discover new business and technology ideas. These pages are being kept online as a technology demo to showcase Chaordix™.

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Wisdom Markets

Julius
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  • Submitted by: Julius
  • Created: Jul 11, 2006, 3:33 am
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The Idea

Like Ning is a meta-site where people can make market-sites. Market like in a stock market. Items you can buy and sell which leads to a value for this item. This do not have to be real items, the goal is to find how valuable things are. . People could set up a market for anything they like. So think of football players, politicians, but maybe even fun things for small groups of friends, where they can have a market for who"s most likely to end up with a relationship with that girl. . You can use it to set up a market for Ideas (like idea warz), but you can also let others make their own markets using your site. This Wisdom market, would be a meta site. With the advantage of having all sorts of cool markets on your site. . A community of creative and active people hanging around is good. It might get some attention in the media if such a market delivers good predictions on what might happen on a field. That media attention has a positive effect on the cambrian house site as a whole.

I thought of this idea when I was...

Staring at this form screen searching for an idea. Inspired by: - Cambrian House - The book "The wisdom of crowds" - Ning.com update: I kind of think it has been done, so if someone knows a new angle to it, please comment.


Comments Posted

sull
sull Posted: July 20, 2006, 7:18 am

so, like a social network where users can create groups which would consist of features to facilitate market activity?
i would think any social network could add a feature "Create a Market" which could more or less be a classified ads engine.

interesting idea, regardless.

Julius
Julius Posted: July 21, 2006, 6:12 am

Ok, I have not been really clear with the word market. I mean it like the stock market. The items are not real things you can buy, but things that have an (abstract) value. I'll change the text a little.

AJ
AJ Posted: August 4, 2006, 9:26 am

Unless I misunderstand, what you are talking about looks like http://www.tradesports.com/

Julius
Julius Posted: August 5, 2006, 2:42 pm

hehe, found this link via the Cambrian FAQ, at the first look, it does what I thought of.

http://inklingmarkets.com/

 

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