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Augur

BIOGRAPHY

Augur is a decentralized oracle and prediction market platform. Users feed real-world information into Augur's contracts. Augur ensures the accuracy of this real-world information by providing a financial incentive for REP token holders to correct markets they believe have been reported on incorrectly. There are several ways users can participate in Augur: you can trade shares in markets, create prediction markets, or participate in the reporting system to keep the Augur oracle honest.

Augur is built on top of the Ethereum blockchain. Decentralized technology means decentralized control: no one person can single-handedly change Augur or shut it down. 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.

Key Info

In 5 words

Decentralized prediction markets

Country

United States

Year of Establishment

2015

Slogan / motto

The Future of Forecasting

Key objective

Augur has three main objectives: To become the world's first decentralized oracle, to allow anyone to create and speculate on derivatives at a low cost, and to enable predictive communities to have greater accuracy, accessiblity and lower fees.

Global Industry Verticals

Financial And Insurance Activities

Industry Sub Verticals

Financial Markets & Investments
Blockchain Technology

Tags

Smart Contracts
ERC-20
Oracle
Forecasting

Contact email

team@augur.net

Social links

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