Meta tests internal prediction-market app Takes with employees
Meta is testing an internal prediction-market app called Takes that lets employees wager virtual points rather than real money on questions and real-world events.
Meta staffers are testing a new prediction-market app called Takes, according to a report by The Wall Street Journal's Meghan Bobrowsky. The internal platform enables employees to wager on the outcomes of questions and real-world events using virtual points called "cred"—short for credibility—instead of real money.[1][3][4][5][6]
Correct predictions on Takes earn points, while incorrect answers lose points. One question featured on the app asks whether former Apple CEO Tim Cook will become the next chief executive of Nvidia. Unlike commercial prediction venues such as Kalshi and Polymarket, Takes does not feature real-money wagering.[3][5]
Takes is not publicly accessible, and whether Meta plans to launch it remains unclear. According to Crypto Briefing, a prediction-market app could potentially alter Meta's user engagement and data monetization approaches while tapping AI to broaden access to forecasting.[2][3][5]
Key facts
- Meta is internally testing a prediction-market app called Takes with employees, according to The Wall Street Journal.
- Users on Takes place wagers on event outcomes using virtual points called "cred" (short for credibility) instead of real money.
- Correct forecasts in the app earn points, whereas incorrect predictions lose them.
- One question in Takes asks if former Apple CEO Tim Cook will become the next CEO of Nvidia.
- Unlike platforms like Kalshi and Polymarket, Takes does not involve real-money betting.
- Takes is not publicly available, and it remains uncertain whether or when Meta will release it.
Sources · 6 sources
- TE
TechmemeArticle ·
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) Meghan Bobrowsky / Wall Street Journal : 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 — On the app, currently called Takes, employees can wager on the outcome of questions using ‘cred,’ not real money
Open source - CB
Crypto BriefingArticle ·
Meta tests a prediction-market app with its own employees Meta's prediction-market app could reshape user engagement and data monetization strategies, leveraging AI to expand forecasting accessibility. The post Meta tests a prediction-market app with its own employees appeared first on Crypto Briefing .
Open source - WS
Wall St Engine@wallstenginePost on X ·
$META IS TESTING A PREDICTION-MARKET APP WITH EMPLOYEES: WSJ Meta employees are testing a new app called Takes, where users make predictions about real-world events using virtual points called “cred” instead of real money. Correct predictions earn points, while incorrect ones lose them. One question asks whether former Apple CEO Tim Cook will become Nvidia’s next CEO. The app isn’t publicly available, and whether or when it will launch remains unclear.
Open source - DN
DEGEN NEWS@DegenerateNewsPost on X ·
BREAKING: @Meta IS TESTING A PREDICTION MARKET APP WITH EMPLOYEES, INTERNALLY CALLED "TAKES” THAT LETS USERS WAGER "CRED" INSTEAD OF MONEY https://t.co/4BO0eem8gR
Open source - TB
The Block@TheBlockCoPost on X ·
NEW: Meta employees are testing a prediction-market app called Takes that lets users wager "cred" points, short for credibility, on the outcomes of questions and events, The Wall Street Journal reported, citing people familiar with the matter. Unlike Kalshi and Polymarket, Takes does not involve real-money wagers. The app is not publicly available, and it remains unclear whether Meta will release it. $META
Open source - TE
Techmeme@TechmemePost on X ·
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 (@meghanbobrowsky / Wall Street Journal) (Visit Techmeme dot com for the link and full context!)
Open source