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Sources: Meta staffers are testing a prediction-market app called Takes, letting users wager on the outcome of questions or events using "cred", not real money (Meghan Bobrowsky/Wall Street Journal)

By · Published by Everything Blog

In short

Meta personnel are currently evaluating an interactive forecasting tool called Takes. Participants use the software to wager on how specific questions and events will eventually unfold. The setup relies on a virtual token known as cred rather than real currency, and the company has not revealed plans for a broader public rollout.

Key points

  • Meta is exploring gamified prediction formats through internal employee trials of the Tak…: Meta is exploring gamified prediction formats through internal employee trials of the Takes tool.
  • Relying on virtual cred ensures the experimental betting platform operates entirely witho…: Relying on virtual cred ensures the experimental betting platform operates entirely without real monetary stakes.
  • The company has yet to provide public release plans or detailed feature lists for the app…: The company has yet to provide public release plans or detailed feature lists for the application.

Sources checked by our analysis pipeline: 1

Michael Acton / Financial Times: |

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Stephen Witt / New York Times: |

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Bruce Gil / Gizmodo: |

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Jasper Goodman / Politico: |

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Ashley Capoot / CNBC: |

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Wen Shao / Fortune: |

Jessica Lyons / The Register: |

The Information: |

Eduardo Baptista / Reuters: |

Sarah Perez / TechCrunch: |

Myles Miller / Bloomberg: |

Allison Johnson / The Verge: |

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Olivia Carville / Bloomberg: |

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