Meta tests Takes, a prediction app paying ‘cred’ not cash
The app began life in June as a points-based project called Arena, the Wall Street Journal reports.
The hit
Meta has started internal testing of a prediction market app with employees that pays “cred” points instead of money, the Wall Street Journal reported, citing people familiar with the matter. The app, now called Takes, rewards correct predictions with points & docks wrong ones, mirroring real-money platforms without the cash.
Why it matters
Big tech entering prediction markets, even with play money, signals how mainstream the category has become. It also lets Meta test demand & mechanics without triggering the gambling lawsuits now hitting Kalshi & Polymarket. Whether Meta later adds real-money contracts remains unclear, & that decision will shape how regulators & states treat the product.
The record
| App name change | Arena (June 2026 reports) renamed Takes, according to people familiar with the matter cited by the WSJ |
|---|---|
| Testing group | Meta employees only, according to the WSJ report |
| Directive origin | CEO Mark Zuckerberg reportedly ordered a standalone points-based app in June |
| Meta’s comment | Declined to comment or give a launch timetable |
What happens next
Watch for whether Meta confirms a public release date for Takes, & for the CFTC chair’s call to take state gambling lawsuits against Kalshi & Polymarket to the Supreme Court.
Sources: Meta tests prediction market app using ‘cred’ points instead of cash: WSJ
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