Exchange Augur

rep Price Live Data

The live Augur price today is $ 0.81 usd with a 24-hour trading volume of $648 394 usd. We update our REP to usd price in real-time. Augur is down -2.4% in the last 24 hours. The current coinmarketcap ranking is #1630, with a live market cap of $6 472 757 usd. It has a circulating supply of 8 023 951 REP coins and the max. Supply of 8 023 951 REP coins.

What Is Augur (rep)?

Augur is a trustless, decentralized stage for expectation markets. Foreshadow is a Ethereum-based decentralized forecast market that use the insight of the groups to make an internet searcher for the future that sudden spikes in demand for its own token, REP. Foreshadow permits clients to make their business sectors for explicit inquiries they might have and to benefit from the exchanging purchases while permitting clients to purchase positive or negative offers with respect to the result of a future event.

Prediction markets will be markets made to exchange the likelihood of an occasion occurring. The market costs show what the group thinks the likelihood of an occasion occurring. Prescient business sectors have displayed to have been viable in precisely estimating many outcomes anyway it is as yet not broadly utilized because of the numerous administrative obstacles associated with setting up such a market. Foreshadow plans to set up such a market in a decentralized manner.

Augur is an Ethereum-based decentralized expectation market that use the insight of the groups to make a web index for the future that sudden spikes in demand for its own token, REP. Foreshadow permits clients to make their business sectors for explicit inquiries they might have and to benefit from the exchanging purchases while permitting clients to purchase positive or negative offers in regards to the result of a future occasion. Forecast REP is the betting cryptographic money. It’s the crypto token you can use to wager on games, political results, economies and essentially all the other things in the forecast markets. Web based betting is a $52 billion every year industry.

At its establishing the undertaking included Intrade pioneer Ron Bernstein, Robin Hanson, and Ethereum organizer Vitalik Buterin among its guides. In April 2015, Augur's most memorable agreement was transferred to the Ethereum network.The first beta variant was delivered in March 2016. In October 2016, all the standing tokens that were available to be purchased during the 2015 crowdfunding effort were disseminated to their proprietors on the live Ethereum organization and the two biggest digital currency trades, Poloniex and Kraken, included help for these tokens their exchanging stages. The undertaking was postponed until it was sent off in July 2018.