Forecast with Stock Markets
People love to speculate - on the weather, the results of sport events, separations or the resignation of a politician. And exactly this passion for the speculation you can use with the Electronic Stock Market (ESM) of ECCE TERRAM.
With Electronic Stock Markets (ESM), you can expand your range of services with new possibilities for forecasting and market research. The possible uses goes from Political Stock Markets for election or common predecitive stock markets for company in-house use.
The Electronic Stock Market is virtual stock exchange of ECCE TERRAM with which the users speculate on the result of real events, while they buy and sell stocks. It is based on a software developed by ECCE TERRAM and can be integrated fast and simply on your site. With the Electronic Stock Market you create additional benefit and long-term customer's connection for your website.
How does it work ?
ESMs have their theoretical origin in the thesis of Austrian Nobel prizewinner Friedrich Hayek. Over 50 years ago, he said that prices are indicators of distributed information, according to which not only are stock exchanges possible but so too are many types of predictions.
The invention of the World Wide Web then also provided the platform to realize this on a large scale. In 1996, our company was one of the first to design suitable applications and to develop them further over time within our company and also in cooperation with universities.
Today, Internet participants can trade shares of politicians, political parties, business and financial matters and so on via an Internet platform. Traders have the opportunity to win prizes and have fun, while the operating company obtains outstanding forecasts about election results or economic indicators
