The Story of the Ox

In 1906, a British scientist named Francis Galton attended a county fair in Plymouth, England. There he observed a competition that spontaneously took place when the crowd noticed an ox. The goal of the competition was to guess how much this ox weighed. Eight hundred people entered and, at the time, crowds were basically synonymous…

Can Crowds Really be Intelligent?

A common misperception of Crowd IQ is that it contains the most basic level of knowledge. It is assumed that the collective intelligence is nothing more than common sense knowledge. Others go even further to state that crowds are mindless, uncivilized beings that have no control. This couldn’t be further from the truth. For one…

Learn More About Why Prediction Markets Are Useful!

Prediction Markets are essentially “Futures Markets” where the outcome becomes more predictable over time. CrowdBridge bases their predictions on current trending events such as politics, health, and sports. They then release the questions to the public to have them make “forecasts” about how likely an event will or will not happen. Therefore, prediction markets make…

CrowdBridge