PreTweeting.com: : Twitter Gets a Prediction Market
PreTweeting.com is letting you buy specific words being used on Twitter & selling of words in virtual currency to do it
Every word has a value depending on how often it is being mentioned on Twitter at that moment. This is a virtual game, no real money trades hands.
As words become more popular, they gain value, and as they become less popular, they fall. Once signed up to play, users are required to follow @pretweeting via Twitter for updates and instructions. You can buy 50, 100, 500, or 1000 ’slots’, with each slot equalling one word. Words rise and fall in price based on the market value, with $10 = being mentioned in 1% of all recent tweets.The most popular words on the site are ‘the’, ‘you’, ‘is’ and ‘on’. However, users can also be the proud owner of ‘bitch’ (2.69), ‘internet’ ($3.85) and ‘hahahaha’ ($2.31), as well as dozens of others.
You can chat with other pretweeters (using the #pretweeting hashtag), perform research on words, and check out the leaderboard. But it all focuses around the market for words on Twitter. You could make a great deal of virtual cash buying a trending topic on Twitter before it trends, or you could lose a bunch if a word drops off the list.There are prizes for the winners each few days!
