CrowdIQ

CrowdIQ aims to fill a niche where information markets are created and managed by the users themselves. TradeSports needs to "make their market" since they underwrite all of their contracts; you can only trade contracts that they feel will warrant enough trading volume to justify their initial investment. This is fine if you want to trade a contrac... t on whether the Red Sox will win the 2006 World Series, but what if you want to trade a contract on whether Theo Esptein will return as General Manager or whether Manny Ramirez will be traded during the season? CrowdIQ allows you to make your own market and create your own contracts so that you can directly leverage the intelligence of the crowd. Rather than the contract content coming from the market owners, CrowdIQ allows you to become the market owner so that you can produce and manage your own contract content. There is no software to purchase and download, no consulting services, and no technology commitment. So if you enjoy speculating on Apple products, you can now trade contracts on whether Apple will release an Intel based iMac in 2006 rather than simply debate on a messageboard. If you want to know what people think of your chances of getting accepted into business school, then create a personal market and invite your friends and colleagues to trade a contract on your future acceptance at Harvard, Wharton, and Stanford. CrowdIQ wants to make it simple to create a new account, create your market, and then create your own information contracts. Or if you find an existing market that is trading content which interests you, then join the crowd and trade. As a community-centric site, CrowdIQ wants to be for the crowd and by the crowd.Read More