Meta Reportedly Testing Out Prediction Market App ‘Takes’ Ahead of Potential Rollout

HIGHLIGHTS Meta's employees are reportedly testing out the company's proposed prediction market app 'Takes.' These employees are wagering 'Cred' on event contracts instead of real money. The proposed prediction market app was previously called Arena. Tech giant Meta is moving ahead with its proposed prediction market app, which employees are reportedly testing. As part of the testing process, employees are using 'Cred' to bet on events instead of wagering real money. Meta Employees Test Out Prediction Market App According to a WSJ report, the company's employees have begun testing the prediction market app, which is under development.