InTrade Founders Launch New Forum for Political Predictions
Founders of political wagering site Intrade are back with a new forum for electoral prognosticating, minus one big thing: the wagering.
Pivit, a web and mobile application, is launching prediction markets this week for the midterm U.S. elections.
The app is the product of Binary Event Network Inc., a company founded by Gregory DePetris and John McNamara, who created the first iteration of Intrade in 1999, and with Jason Finch, who also worked at Intrade in its early days.
Intrade involved buying and selling investment contracts tied to events like...