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The power of prediction

“Will it rain tomorrow?”

“Will The Revenant break the 100 million yuan barrier on China’s box office?”

“Will questions about the economy dominate press interactions during the Two Sessions?”
……

While such questions are often part of dinner-table conversations, a new Chinese start-up called Future Institute has found business potential in them.

Song Yuan, CEO of Future Institute, believes that future events or more accurately our perceptions of what is likely to occur can be used as tradable commodities.

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