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Washoo Props: August 14, 2007
I ran into a cool but slightly geeky site yesterday called PPX.  It's done by Popular Science Magazine.  It is a mock stock market where the stocks are actually propositions of whether certain tech and science predictions will come true.  For example, the newest IPO is whether a high-quality iPhone knock-off will go on sale in China by January 1, 2008.  The stock starts at $50.  If it comes true it will pay out at $100.  If it does not happen, each share is a useless $0.  Keep in mind it's fake moola.  When you start an account you get $250,000 to play with.

One prop asks if a computer will be able to beat a professional poker player within the year.  It's currently selling at $65.50.  I'm going to send the administrators a suggested new IPO.  "Will Washoos have celebrity endorsement by January 1, 2010"  And no, Frumpy does not count as a celebrity.  I'd see the probability of this to be around 70%.  Especially with the Washoo knock-off, 'washer toss' already out there commercially available.
2007-08-14 15:30:27 GMT
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