Meta Internally Tests Prediction Market App Takes Using Cred Reputation Points

Meta's experiment is notable less for the betting mechanic than for the choice of reputation points over cash, which sidesteps the regulatory and payment friction that defines Kalshi and Polymarket. If a social platform can generate engagement through prediction markets without real-money wagering, it reframes the competitive question from licensing to distribution and audience reach. Whether this remains an internal exercise or becomes a consumer product is the open question, and it is worth watching how the cred-based model is received relative to the real-money incumbents.