[REP] Augur is a decentralized prediction market platform built on Ethereum
A prediction market protocol owned and operated by the people that use it.The Currencies of Augur
[REP] Reputation
Augur's Reputation token is used for reporting and disputing the outcome of events. Reporters are rewarded for reporting correctly.
Ethereum
Trading on the Augur protocol is done with Ethereum. As one of the most widely-used cryptocurrencies, Ethereum helps make trading on Augur accessible to all.
Decentralized
Augur is built on top of the Ethereum blockchain.
Decentralized technology means decetralized control:
no one person can single-handedly change Augur or shut it down.
Open Source
The code is in the hands of the users. Anyone can read the code that runs Augur or copy the code to create a new version that suits their needs.
Fair and Open Technology
Augur is built from the ground up to be owned and operated by the people that use it. This is a technical reality enabled by the ETH blockchain and open source software.
The Benefits of Augur
Low Trading Fees
Trading fees go directly to market creators and reporters. There's no third party making money from your trades.
User-Created Markets
There are no limits on what markets can be created. If you want to trade on it, a market can be created for it.
Automated Payouts
Get paid as soon as a market's winning outcome is declared. Payments are automated and transparent.
Open to All
Augur is a permissionless protocol. Anyone, anywhere in the world can participate.
Exchange
And lot of more.. Official Website
learn more about Augur
