I want to develop a mobile app for prediction markets, which allows users to predict outcome of events, e.g. Will Life of Pi win "Best movie" Academy award.<p>Before developing I want to know if there is enough demand for such an application. Would you use such an app if it is available in the market right now.<p>There is a popular prediction market sit e called InTrade, which is recently banned in US because it allows users to predict using real money
What incentive is there for users? Prizes, points, fame?<p>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?<p>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.
We just built a prediction market iOS app for Inkling: <a href="https://itunes.apple.com/us/app/inkling-predictions/id549984060?mt=8" rel="nofollow">https://itunes.apple.com/us/app/inkling-predictions/id549984...</a><p>It uses fantasy currency due to US law...