|Name||Symbol||Last price BTC||Last price USD||Last hour||Last day||Last week||Market cap|
|Exchanges: Bittrex Poloniex HitBTC Gate.io Binance|
|Release||Max. Token||Circulating Supply||Total Trading Volume 24h||Feat. Exchange Volume||Chart 48h Snapshot||Rating|
|2015/06/23||5,845,499||6,580,204 REP||115,778,008 USD||
Download Augur White Paper
Augur combines the magic of prediction markets with the power of a decentralized network to create a stunningly accurate forecasting tool.
Augur is a decentralized prediction market built on the Ethereum blockchain. It allows to forecast events and be rewarded for predicting them correctly.
The accuracy of prediction markets rests in the idea of the "The Wisdom of the Crowd". This states that the average prediction made by a group is superior to that made by any of the individuals in that group. Markets are the perfect way to aggregate this collective wisdom - which is made up of all the information, analysis and opinion held by members of the group.
With these individuals buying and selling shares in the outcome of real-world events, based on their personal knowledge and opinion, the market prices reach an equilibrium that reflect the opinion of the entire group.