Bitcoin Forum

Bitcoin => Press => Topic started by: tyz on October 03, 2015, 09:43:38 AM



Title: [2015-10-03] Augur’s Reputation Crowdsale Finishes With Over 5 Million USD
Post by: tyz on October 03, 2015, 09:43:38 AM
You can say that the Reputation crowdsale that is now over for what is being called the world’s first decentralized, prediction market – Augur, has been quite successful with over 5 million USD equivalent in Ethereum and Bitcoin collected from 4550 users. The “distributed oracle” application uses Ethereum’s network and is just one of the many Decentralized Applications (DAPPs) that are currently being developed.

http://cryptomining-blog.com/6095-augurs-reputation-crowdsale-finishes-with-over-5-million-usd/


Title: Re: [2015-10-03] Augur’s Reputation Crowdsale Finishes With Over 5 Million USD
Post by: languagehasmeaning on October 05, 2015, 09:31:44 PM
You can say that the Reputation crowdsale that is now over for what is being called the world’s first decentralized, prediction market – Augur, has been quite successful with over 5 million USD equivalent in Ethereum and Bitcoin collected from 4550 users. The “distributed oracle” application uses Ethereum’s network and is just one of the many Decentralized Applications (DAPPs) that are currently being developed.

http://cryptomining-blog.com/6095-augurs-reputation-crowdsale-finishes-with-over-5-million-usd/

I read somewhere that they cared as much about how many people (oracles) signed up as the amount of money they raised.

The crowdsale numbers will require substantial volume on the platform to justify the valuation. It would be interesting to here more about the pros and cons of Augur vs Truthcoin