>>3212751Money. We don't live in the world I want to create. Even if I come to market first, this isn't patentable, and without MAJOR capital the idea would fail.
This is a perfect example of why we must monetize ideas (which I need to elaborate on). How many similar ideas are out there that people are holding onto simply because they know they are fucked if they release them?
>>3212757It is really cool. Something so simple you wonder why people didn't do it thirty years ago. I actually came up with it thinking about how academics should research prediction markets because most of the work is shit right now (not totally due to the academics currently researching, but partially).
Here is the full model which only brainlets like myself can derive:
. If the market predicts you have a 10% chance of being right, you should get ten times the money you put down. If the market predicts you have a 50% chance of being right, you should get twice the money you put down. That is it.
And yes, it is profitable to make these markets. And yes, of course people would want to joint them. lol . I think it will be done tomorrow, maybe later. Anyways, I won't publish it or hype, but if you are intersted, it will be on my steemit.
