Meta Platforms Inc. began testing its new prediction-market application with employees, a phase that usually precedes a public release, sources familiar with the matter told The Wall Street Journal on Friday.
According to the report, employees can use the app, currently called Takes, to bet on the outcome of questions or events using "cred," short for credibility. If an employee's choice is correct, they earn "cred" points, and if they are wrong, they lose them.
Meta's app does not allow users to wager real money, sources said, adding that it is still unclear when or if the app will be released to the public.
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