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London-based Hubdub is a predictive marketplace for news. The basic idea is that Hubdub posts questions, you predict which answer will win and then if you are correct, you receive credits that help you reach the leaderboard. Hubdub launched at DEMO earlier this year and SomewhatFrank and TechnicallySpeaking have good overviews of how the service works. Hubdub CEO Nigel Eccles noted that over 2 million "Hubdub dollars" are traded daily within the network.
This morning Hubdub is announcing a new partnership with Reuters. Eccles tells me that the Reuters question section is one of the most popular within Hubdub. Hubdub has created a special section for Reuters which highlights the latest news and events. On the community site, interested members can friend other members and the Reuters account as well. There’s also a widget option so visitors can take the latest Reuters predictions and place them around the Web.
When Hubdub launched, I told Eccles that in a year I wanted a percentage of accuracy with the questions and answers listed on Hubdub. We are getting close to the one-year mark and I look forward to some analysis of how well the Hubdub community did with their predictions.