Augur is a decentralized Oracle and a prediction market platform built on the Ethereum blockchain. Its native token is Reputation (REP).
Augur markets have four stages: creation, trading, reporting, and settlement. A market is created based on any real-world event. Trading begins immediately after the market is created and all users are free to trade on any market. Augur’s Oracle determines the outcome of the event after the trading. Traders can close out their positions and collect their payouts.
Users make predictions and receive rewards for correct predictions through smart contracts. The market price for a prediction is used as an indicator of the probability of an event occurring, dependent on the accuracy of the crowd prediction.
Introduction to Augur.
Timeline
People
Jack Peterson
Joey Krug
Further reading
Augur Has Surged by 83% Over the Past Month -- Can the Bulls Push REP Towards $14?
Yaz Sheikh
Web
Augur: a Decentralized Oracle and Prediction Market Platform
Jack Peterson, Joseph Krug, Micah Zoltu, Austin K. Williams, Stephanie Alexander
Academic
Crypto Prediction Market Augur Is Gearing Up for Its First Major Upgrade
David Floyd
Web
Forget Bitcoin. The Blockchain Could Reveal What's True Today And Tomorrow
Cade Metz
What Is Augur (REP)? | A Guide to the Decentralized Prediction Market
Steven Buchko
Web
What is Augur (REP)? Future of Augur Cryptocurrency and know how to buy Augur
CoinSwitch
Web
Documentaries, videos and podcasts
Augur - How A Decentralized Prediction Market Works (Narrated by Shooter Jennings)
May 20, 2015
Augur: An Introduction To A Decentralized Prediction Market
June 23, 2015
Augur: Beta Chat With Lead Developers Joey Krug & Jack Peterson
March 14, 2016
Companies
Augur (cryptocurrency)
Company
Bitcoin
Prediction market
Ethash
Proof-of-work system
San Francisco
California
United StatesCategories
BlockchainA blockchain is an append-only digital ledger storing a set of time-ordered transactions grouped in blocks that are linked together using cryptographic hashes.
CryptocurrencyA cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.
Related Topics
- BlockchainA blockchain is an append-only digital ledger storing a set of time-ordered transactions grouped in blocks that are linked together using cryptographic hashes.
- CryptocurrencyA cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.
EthereumEthereum is an open-source, public, distributed blockchain computing platform featuring smart contract (scripting) functionality, which facilitates online contractual agreements.
Gnosis (prediction market)Gnosis is a decentralized prediction market platform that operates on the Ethereum blockchain.
Hivemind (blockchain)Hivemind is a decentralized oracle and prediction market protocol.- Show More
Contributors
- 1
Dawson Sewell
Seeking to explain science and technology through simple writing. - 2
Melanie Manipula
Researcher, writer and a former librarian - 3
Alex Dean
Masters in Biostatistics/Epidemiology @ UC Berkeley | BA in Biology @ Wesleyan University - 4
Jude Gomila
Founder and CEO of Golden, Entrepreneur. Previously Co Founder of Heyzap. Investor in 100+ companies. Cantabrigian (Gonville and Caius). - 5
Michael Naval
Golden helper - 6
Jed Christiansen
Special Projects & Business Development at Golden, Founder - Seed-DB. - 7
Daniel Frumkin
B.Sc. Mechanical Engineering; Passionate about cryptocurrencies, AI, engineering, and travel. - 8
Carla Faraguna
Golden People and Operations.