This model seems to follow 'genetic programming' principles, but is flawed in many ways: (a) It assumes that most people know everything relevant to the problem under consideration - they often don't.
(b) What the model is looking for is an expert among the crowd. On average, you can find an expert among 1024 people, to predict 10 coin tosses - this is with random data having no relation to specialized wisdom.
(c) Eurovision (mentioned above) is in the rare category of scenarios that can make use of 'crowdsourcing prediction', but only because the simulation correlates to the probable reality: it's effectively a poll, where the opinions of lots of people are used to model the opinions of lots of people.
(d) Can you really assume that if someone gets it right 10 times, the same person will get it right a further 10 times? It needs to be the same specialism.
(e) You'd need to iron out the randomness by running lots of trials that will be of no use to anyone. Can this operate commercially?
Anything free is worth what you pay for it.