Hi! I’m a member of Pact’s Capacity Building Services Group and YOUR friendly market manager. As a tool, decision markets have great potential for the development sector. The market can both provide a powerful indication of the quality of an idea, and at the same time is a virtual meeting and learning space where ideas collide and innovations abound. Still, we’re trying something new here. Your feedback is critical. Feel free to contact me with any questions/ concerns. I’ll get back to you as soon as I’m able. Good luck to all the projects and may the best win!
We are cashing stocks out according to their value at the end of trading. So if a stock was valued at $65, you will receive $65 inklings in your trader account for each share of that stock you own. We will contact the winners (the traders with the highest net worth, and the traders with the most accurate predictions) with instructions on how to redeem their reward.
In order to determine the accuracy of thisprediction test market, GlobalGiving has invited all the participating projects that meet its due diligence standards onto its site. We will be tracking each projects progress over the next 90 days and comparing this against the final results of the decision market.
The projects will be live on the site in October. We will be tracking the progress of these projects and will announce the winners of the accuracy contest at the end of 90 days in December!
In a follow up email, we will send you additiona details and project links on the GG site so you also can track them yourself and test the accuracy of your predictions.
Thank you again for playing. We will be in touch. Stay tuned!
For questions/ comments, please contact Manmeet Mehta at mmehta@globalgiving.com.
Also, in my own opinion I would think that no organization has a 100% chance of success. I think the stocks are inflated by biased traders seeking to promote their organization only. On one hand it signifies that these project leaders have successfully advocated for their projects, but on the other hand, a 100% success rate on this market will result in exceedingly high expectations of a project’s ability to succeed on the actual GG site that could very well prove to be false.