TY - JOUR AU - Muehlemann, Anton PY - 2018/09/04 Y2 - 2024/03/28 TI - Sentiment Protocol: A Decentralized Protocol Leveraging Crowdsourced Wisdom JF - Ledger JA - ledger VL - 3 IS - 0 SE - Research Articles DO - 10.5195/ledger.2018.113 UR - https://ledger.pitt.edu/ojs/ledger/article/view/113 SP - AB - <p>The wisdom of the crowd is a valuable asset in today’s society. It is not only important in predicting elections but also plays an essential role in marketing and the financial industry. Having a trustworthy source of opinion can make forecasts more accurate and markets predictable. Until now, a fundamental problem of surveys is the lack of incentives for participants to provide accurate information. Classical solutions like small monetary rewards or the chance of winning a prize are often not very attractive for participants. More attractive solutions, such as prediction markets, face the issue of illegality and are often unavailable. In this work, we present a solution that unites the advantages from classical polling and prediction markets via a customizable incentivization framework. Apart from predicting events, this framework can also be used to govern decentralized autonomous organizations.</p> ER -