Augur cryptocurrency REP invest money cash.





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AUGUR REP cryptocurrency

Augur is a decentralized prediction market built on the Ethereum blockchain. It allows you to forecast events and be rewarded for predicting them correctly..



Augur's prediction markets provide powerful predictive data - you can think of the current market price of any share in any market as an estimate of the probability of that outcome actually occurring in the real world. For example, a share priced at 64 cents has a 64% probability of happening..


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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 combines the magic of prediction markets with the power of a decentralized network to create a stunningly accurate forecasting tool - and the chance for real money trading profits.

Home Cryptocurrencies & Platforms What is Augur?
Cryptocurrencies & Platforms
What is Augur?
written by Daniel Frumkin November 20, 2017
What is Augur?

Augur ($REP) is a decentralized prediction market built on top of the Ethereum blockchain.

Prediction markets have been around for a long time. What makes Augur different from existing prediction markets is that it is a decentralized platform. That gives it several advantages over centralized prediction markets, which will be discussed later on in this article.


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