Augur REPPrice $ 0.798

Augur is a Decentralized Prediction Market Platform, built on Blockchain technology. Prediction markets allow users to buy and sell shares in the outcome of an event. The current market price of a share is an estimate of the probability of an event occurring. To gain this large audience, Augur is built on Ethereum, a decentralized blockchain network similar to the Bitcoin network. Utilizing this technology, our markets can effectively eliminate counterparty risk and centralized servers while creating a global market by employing cryptocurrencies such as bitcoin.

Political Forecasting

Turn political knowledge into predictive power by trading on the outcome of upcoming elections, potential policy decisions, and other political events.

Event Hedging

Hedge against catastrophic events like natural disasters, market crashes, and geopolitical upheaval by betting that the event will occur.

Weather Prediction

Harness the power of crowds to create a more accurate weather prediction tool for events like hurricane landfalls, heat waves, and daily temperature averages.

Company Forecasting

Companies can use Augur to guide decision making by forecasting vital information such as total product sales and project completion times.