Presenting AskMarkets at the TechCrunch/OpenCoffee event in Athens

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The keynote file of my presentation at the "TechCrunch goes OpenCoffee Greece" event, hope you'll like it. The videos are missing though, slideshare does not support such a feature. But you can find the embedded videos here: http://opencoffee.gr/2008/08/01/tc-oc-askmarkets-video/

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Hello

I have a lot to tell you

but I do need to hurry,so I’d stick to just one thing:

markets

...”markets”You probably know a lot of them...

there are stock markets,

betting markets,

street markets.And they all seem to be so different,

they look like apples and oranges somehow, right?Well, I'd say not. All markets, whether they concern

stocks or...

fish,they are essentially the same, at least to the extent that they...

bring people together

bring people together

bring people together

trigger conversations

trigger conversations

bring people together

trigger conversations

sum up information

sum up information

bring people together

trigger conversations

sum up information

transmits it through prices

transmits it through prices(so, just by looking at the prices, you can get a true feel of the situation..)

markets

After all, we do believe that these 4 features and the mechanism of...

useful

are useful

not just to

sell / bet / allocatemoney

but also to

exchangeinformation

.

built askmarkets

And we built askmarkets with the vision to

bring this functionality to the masses

marketplace

So, you may call it a marketplace for information or predictions or events or whatever,but, no matter how you call it, it actually works like this:

you sign up and get some play money to spend...

¥€$

YES, that’s our play-currency

There are already some markets, you may navigate to ‘trade’...

or search for the ones which interest you, let's just pick on for now this one...

it’s a market about britneyand the two possible outcomes of this question are represented by the stocks traded on this market.

¥€$ = %

Each stock gets a price from 0 to 1 and its current priceequals the probability of the outcome coming true

disagree? go trade and make money!

the lower the price, the more you gain

let’s take a look at the actual trading process, you can see the evolution of prices in the graph and if you disagree with the current prices, you may change them, just enter an amount of money to invest, press buy and here you go, you just changed the market prices

your opinion has impact

So, ...

market aggregates information

while market aggregates information,

finally, market closes and money is redistributed

among the owners of the winning stock

and you watch yourself climbing up or falling in the traders’ ranking (thereby building your reputation)

create your own market

You can also

it’s equally simple, a 2-step process, you just enter the market’s title

and the potential outcomes on the market question as stocks

So, this is askmarkets.

several years of PhD research on the field

we have invested ...

the most intuitivemarket algorithm

we have developed ..

the simplest market UIever created

and ...

we r here 2 stay.

yet in private beta

we are yet..

but you may get in

...by just entering your

email: {...}password: opencoffee

...starting from now on

askmarkets.com

So, this is askmarkets.com,It's easy and it's free, we've been working really hard on it, we hope you'll like it :)But we are here tonight to announce one more thing:

acme.askmarkets.com

and this is it.your very own marketplaces in separate subdomains for your enterprise or your community only

and this is a paid service, giving you all these rights

✓ separate marketplaces

✓ empty database to build on

✓ public / private

✓ customizable

acme.askmarkets.com

an empty database to build on, either public or private and fully customizable to your wants and needs

acme.askmarkets.com

✓ bring people together

✓ trigger conversations

✓ sum up information

✓ transmits it through prices

...this is the vision, these are the tools, this is askmarkets, thank you very much!

photos from under