| Founded in the year 2000 by Emile Servan-Schreiber and Maurice Balick, the company was built on a vision (inspired by the ideas of Robin Hanson) of bringing collective intelligence to bear on predicting the future, anticipating by several years some of the revolutionary trends now tagged with the popular buzz words Web 2.0 and Wisdom of Crowds.
NewsFutures' eponymous public prediction exchange is home to thousands of the most experienced prediction traders in the world, and an inspiration to none other than James "wisdom of crowd" Surowiecki himself, who wrote in the New Yorker in 2003: «In a sense, the NewsFutures traders are only trying to do what op-ed writers, TV pundits, and Presidential advisers attempt to do every day: predict the future. The big difference is that the markets are far more likely to be right.» [More] Since 2001, NewsFutures has led the way in providing white-label and enterprise-class prediction market solutions to global media brands (likeYahoo! and USA Today, World-class companies (like Eli Lilly, and Renault), and demanding governmental organizations (like the U.S. Military and the Texas Department of Transportation).
We have built a unique body of experience as both a provider and operator of prediction markets, with over 100,000 prediction stocks listed on a wide variety of topics both public and corporate. NewsFutures' pioneering success has inspired many others to follow in its footsteps and help create a new industry that is now thriving worldwide. Top-10 reasons why NewsFutures is the ideal partner to harness the wisdom of your crowds! |