Employee prediction markets have successfully been used to harness the wisdom of the crowd for predicting corporate outcomes. I wonder if they could be used to accurately predict product releases. I would much rather do that than story points and velocities…
Some corporations have harnessed internal predictive markets for decisions and forecasts. In these cases, employees can use virtual currency to bet on what they think will happen for this company in the future. The most accurate guesser will win a money prize as payoff. For example, Best Buy once experimented on using the predictive market to predict whether a Shanghai store can be open on time.[19] The virtual dollar drop in the market successfully forecasted the lateness of the business and prevented the company from extra money loss.