Intrade: Crowdsourced Wisdom?
Intrade leveraged the wisdom of crowds by allowing users to bet on future world events and displaying shockingly accurate predictive power in the process.
prediction markets
Crowdsourcing sales forecasts: How Henkel leverages the collective wisdom of its employees
After traditional methods yielded unsatisfactory results, Henkel – which owns some of the most valuable European CPG brands – decided to leverage the collective wisdom of its employees to increase forecasting accuracy by using an internal prediction market.