Ethereum-based predictions platform Augur announced it would be launching the second version of its platform starting on July 28.
Augur is a prediction market based on Ethereum which is forecasting results of different events basing on the wisdom of the crowd principle. Definition of Augurs main principle – wisdom of the crowd – is a principle that states that a large group aggregated answers are often superior to the answer given by any of the individuals in the group.
Augur in its core is very close to a tote. It allows user to make a specific question about the future event and to buy and sell positive or negative shares about the result of this event. Market creators will receive an Augur coin (REP) encouragement from the fees for buying shares. Shares are not frozen until the end of event, so people can speculate on opinions reselling those shares. After the end of event, users will report the outcome of event, meaning Augur blockchain will have a great source of information about it and may be used as a search engine in the future.
Facebook’s Forecast app has been launched in beta even as the blockchain-based Augur platform readies for its v2 revamp.7175
Nasdaq has launched a decentralized finance index including crypto assets of projects like 0x, MakerDAO and Augur.6598
Veil, an Ethereum-based predictions platform using the Augur marketplace, has shut down.11376
Blockchain-powered event betting platform Augur has launched support for MakerDAO’s DAI stablecoin as part of an unfolding wide-ranging upgrade to its platform.4710
This week, PayPal ventured into blockchain for the first time, and Coinbase turns to cross-border payments.4028
Ethereum-based prediction market Augur is reportedly currently facing a design flaw attack, according to the research.5411
A series of controversies around specific prediction markets highlight Augur’s governance issues.5304
Reactions to the Augur’s latest weekly report follow Jimmy Song highlighting low user numbers.4632
An analysis of 2018 price performance and the slowdown of the ICO sector demonstrates the pitfalls of centralization, Jimmy Song says.8309
Users of Ethereum-powered prediction market Augur are now betting on “assassination markets,” featuring Donald Trump and Warren Buffett.21236
Japanese crypto exchange Coincheck issues official statement on removal of four privacy-oriented cryptocurrencies in June.44210
Two large cryptocurrency exchanges start Gnosis trading after the Ethereum-based prediction markets platform topped the board of fast-selling token sales.8836
Charles Lee, a Litecoin creator, on factors to watch out for before investing in an altcoin.4998
Top 10 cryptocoins competition is intensifying with some Cryptos displacing others.5288