Augur current price is $24.290.

Augur current price is $24.290.


Augur current price is $24.290 with a marketcap of $143.25 M. Its price is -12.18% down in last 24 hours.


Buy / Sell Augur
  • augur
    Augur (REP)
  • Live Price
    $24.290
  • 24h %
    -12.18%
  • Market Cap
    $143.25 M
  • Volume
    $26.25 M
  • Available Supply
    5.92 M REP
  • Rank
    184

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Augur is a trustless, decentralized platform for prediction markets. Augur is an Ethereum-based decentralized prediction market that leverages the wisdom of the crowds to create a search engine for the future that runs on its own token, REP. Augur allows users to create their markets for specific questions they may have and to profit from the trading buys while allowing users to buy positive or negative shares regarding the outcome of a future event. Prediction markets are markets created to trade the probability of an event happening. The market prices indicate what the crowd thinks the probability of an event happening. Predictive markets have shown to have been effective in accurately forecasting many results however it is still not widely used due to the many regulatory hurdles involved in setting up such a market. Augur aims to set up such a market in a decentralized manner. Augur is an Ethereum-based decentralized prediction market that leverages the wisdom of the crowds to create a search engine for the future that runs on its own token, REP. Augur allows users to create their markets for specific questions they may have and to profit from the trading buys while allowing users to buy positive or negative shares regarding the outcome of a future event. Augur REP is the gambling cryptocurrency. It’s the crypto token you can use to bet on sporting events, political outcomes, economies and just about everything else in the prediction markets. Online gambling is a $52 billion a year industry. At its founding the project included Intrade founder Ron Bernstein, Robin Hanson, and Ethereum founder Vitalik Buterin among its advisers. In April 2015, Augur's first contract was uploaded to the Ethereum network.The first beta version was released in March 2016. In October 2016, all the reputation tokens that were for sale during the 2015 crowdfunding campaign were distributed to their owners on the live Ethereum network and the two largest cryptocurrency exchanges, Poloniex and Kraken, added support for these tokens on their trading platforms. The project was delayed until it was launched in July 2018.

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Twitter News Feed

@hasufl At this point I agree that the support is “overwheming”, and I think the worst case scenario is wasted effort (most of which is already paid), so I’m here for it. But I’d sure like a @gnosisPM or @AugurProject market for how this unfolds.

spent the last week building Swagur as a part of @devfolioco EthIndia Fellowship. It's meant to be an easy-to-use explorer on top of the @AugurProject protocol. Show some love, folks! ♥

https://github.com/QEDK/swagur
https://swagur.herokuapp.com

'the demonstration that we saw of the prediction market working correctly will ease participants' fears...users will see that the Augur oracle is capable of giving correct outputs even in very contentious situations'

https://vitalik.ca/general/2021/02/18/election.html

Djokovic is now up to 61.5% (-160) odds to win the Australian Open on conventional sportsbooks but is still only at 58.3% (-140) on http://catnip.exchange, inclusive of swap fees!

Some reflections on my experiences participating in the prediction markets in this last election, and the nature and limits of rationality, market efficiency, arbitrage and mechanism design:

https://vitalik.ca/general/2021/02/18/election.html

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