Back to database

Prediction market platform for scientific experiments

Event-contract app that crowdsources forecasts on scientific experiment outcomes to accelerate research.

Summary

A web app where researchers post experiment hypotheses as tradable contracts and a community trades to reveal consensus probabilities, incentivizing accurate forecasting and helping prioritize promising experiments.

Problem

Inefficient allocation of experimental effort and limited incentives for external evaluation of experiment likelihoods and utility.

Target customer

Academic labs, research institutions, citizen science platforms, funders, and science-focused communities.

Solution

Create a platform to post experiment-related event contracts, enable trading, provide reputation systems to surface expert predictors, offer analytics to researchers and funders, and integrate outcome reporting.

Business model

subscription plans for institutionslisting fees for experimentsdata licensing and apiscommissions on trades

Distribution

SEOcold outreachpartnerships

Required skills

customer discoverydistributionproduct validation

Source evidence