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Meta tests 'Takes' prediction-market app

Meta employees are testing an internal app where users wager virtual 'cred' points on real-world events, per the WSJ.

Confirmed

  • Meta employees are testing an internal app called Takes, per the WSJ
  • Takes lets users wager virtual 'cred' points, not money, on real-world events

Not yet known

  • Whether Meta will release Takes publicly
  • Whether Cred points can be converted into tokens or have any monetary value
  • How points are awarded beyond the WSJ summary that correct predictions earn them

What we know

The Block reports, citing the Wall Street Journal, that the app, called Takes, lets users wager 'cred' points instead of money, unlike Kalshi and Polymarket. Correct predictions earn points, according to the WSJ summary. Crypto figures joked about converting Cred into tokens.

Sources

@TheBlockCo

“Meta employees are testing a prediction-market app called Takes”

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What people are posting

Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.

@wallstengine

“META IS TESTING A PREDICTION-MARKET APP WITH EMPLOYEES: WSJ”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.