Augur jumped over 38 percent yesterday, rising a further 12 percent at the start of trading today to complete one of the most eye-catching runs in recent market history. After the huge dip cryptocurrencies took last Thursday, only a few altcoins have shown progress on the market in the last week but Augur’s huge jump in
Tetras Capital Founding Partner Alex Sunnarborg has revealed that decentralised gambling platform Augur is suffering from the same lack of volume that continues to plague the decentralized application (dApp) ecosystem at large. Reacting to the platform’s weekly report released on January 9, Sunnarborg stated that the total volume of active markets on Augur is, in
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Welcome to the final installment of The Daily for 2018. It seems fitting that the year’s ultimate edition should focus on one of 2018’s overarching themes within the cryptoconomy – stablecoins. We’ve also got space to squeeze in a critique of Augur’s crowdsourced prediction market and to consider yet another bitcoin-based Patreon alternative.
As part of its recent year-end market update, Pantera Capital analyzed the current state of the initial coin offering (ICO) market both as it relates to their firm and in general. Notably, the report was written by Pantera co-CIO Joey Krug, the founder of Augur (REP), which conducted the first ICO on the Ethereum (ETH) […]
A person claiming to be the designated reporter for an Augur predictions market which asked the question “Which party will control the House after 2018 U.S. Midterm Election?” has posted to Reddit saying that he will be reporting that the Republicans control the house today. The market ends today, 12/10, and the Decmocrats, who won
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Augur is a project built on the Ethereum blockchain, facilitated by its native token, REP. By definition, Augur is a decentralised oracle and prediction market protocol, that is owned and run by the people who use it and of course, REP investors.
Users of the Augur network can make predictions that in turn, have a monetary value, like a bet. This means that users can predict on political movements, cryptocurrency movements and even natural disasters. Augur is an open world full of markets which users can place bets on.
What is Augur
Augur, a decentralized prediction platform on the Ethereum blockchain, has recorded over $ 2 million in bets on election night. During the United States midterm election, as Augur co-founder Jeremy Gardner stated, bets placed on the outcome of US midterms initially reached $ 900,000 and eventually surpassed the $ 2 million mark. That is, more than 60 percent
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While Bitcoin (BTC) remains bear biased, Tron (TRX) and Augur (REP) recorded solid 5 percent gains against both BTC and the US dollar. The volume of Bitcoin has failed to recover from the low $ 3 billion region, down more than 30 percent since late September. Subsequent to falling by around 4 percent from $ 6,600 to
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Maker (MKR), the central token of the Maker smart contract platform and the Dai stablecoin system, has experienced a phenomenal rally over the past month, bolstered a major partnership and an investment from one of the cryptocurrency industry’s top venture funds. Less than one month ago, on Sept. 12, MKR was trading below $ 300. Since
The post Maker Price (MKR) Explodes Through $ 750 as Dai Cryptocurrency Awaits Augur Integration appeared first on CCN
A lot of interesting cryptocurrency price action is happening beyond the top 25 positions, which is not entirely uncommon during the weekend. The Augur price, for example, is noting some solid gains in USD, BTC, and ETH value alike. This shows the prediction market platform is still of great interest.
Augur Price Targets $ 14
It has been a while since people actively discussed the Augur prediction market platform. Ever since the “assassinations” took center stage, there hasn’t been much of a buzz. Despite this seeming lack of attention, the price of the native REP token is still looking healthy. Today’s gains further illustrate things continue to look rather good despite what other markets might be doing.
With strong first day volumes, newly launched crypto app Augur has surpassed what may be the most popular decentralized application.
Augur, a blockchain-based predictions platform, has opened to the general public. The platform becomes the “world’s first” decentralized prediction-market platform.
Augur was created by the Forecast Foundation, a not-for-profit corporation whose goal is to build “open-source, public forecasting tools.”
Prediction markets — which are a general type of financial market — have long been dominated by the likes of Paddy Power and DraftKings, which are centrally owned, operated and regulated.
This centralization causes all kinds of problems, such as restrictions for users in certain regions, higher associated costs to use and limitations on the types of markets that users could create.