Prediction markets company NewsFutures (2000-2010) evolved into Lumenogic (2010-2019), "a consulting firm that specializes in developing and customizing online systems for large organizations to use to gather so-called Collective Intelligence from their employees",[1] which in turn became Hypermind (born 2019).
[2] Founded in May 2000 by Émile Servan-Schreiber and Maurice Balick, NewsFutures, Inc. was one of the earliest providers of prediction markets to both the general public[3][4] and private companies.
[5] It played a leading role in applying collective intelligence and prediction markets to business forecasting, innovation, and decision making.
[6][7][8][9][10] It was one of several companies that help large corporations set up private prediction markets to capture the collective foresight of their employees or client base, as described in James Surowiecki's book The Wisdom of Crowds.
NewsFutures also launched in 2007 the first charity-driven prediction market, Bet2Give,[17] where real money was being wagered but all profits had to be given to charities of the winner's choice.