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    Coin Name

    AUGUR

    Symbol

    REP

    Price

    $ 6.35

    Market Cap

    $ 69.83 M

    24H Change

    $ 0.12

    24H % Change

    1.99%

    Volume 24H

    REP 234.07 K

    Current Supply

    REP 11,000,000.0

    Fetching Bio Data

    Augur Bio Edit Bio Icon

    REP Coindex

    Name

    Augur

    Symbol

    REP

    Stats

    Price

    $ 6.35

    24H Change

    $ 0.12

    Market Cap

    $ 69.83 M

    24H Change

    1.99%

    Volume 24H

    REP 234.07 K

    Current Supply

    11,000,000.0

    General

    Total Supply

    ~ 11.00 M

    Algorithm

    ETH Token

    Start Date

    17/11/2014

    Last Block

    12/14/18 2:05:24

    Total Coins Mined

    ~ 11.00 M

    Whitepaper

    PDF Link

    ICO Status

    Completed

    *General last updated 12/14/18 2:06:45 PM

    Social

    Summary

    Augur is an open-source, decentralized oracle and prediction market platform built on the Ethereum blockchain. It was founded in 2014 by Jack Peterson and Joey Krug funded by an ICO that was launched on August 17, 2015, and ending on October 1, 2015, raising over $5,000,000USD from over 4000 investors. The goal is to provide a blueprint for a decentralized prediction market using Bitcoin’s input/output-style transactions.

    Team

    Both Jack Peterson and Joey Krug (founders) have had previous experience in IT and development with positions in the company as Lead Developer and Senior Developer respectively. They currently have a total of 12 members on their development team who are dedicated to keeping the Augur oracle honest and trustworthy.

    How Augur Works

    Users of the Augur platform will feed real world information into Augur’s contracts. Augur then provides incentives to REP token holders to ensure the accuracy of the information provided. For a user to participate in Augur, they can trade shares in markets, create prediction markets, and/or participate in the reporting system. Market creators will set the event start and end times, a designed reporter, resolution source, and settlement fees. Traders pay settlement fees when positions are settled within a market.

    Key Highlights

    • Ability to forecast events with rewards for predicting the outcome
    • The project is still in Beta with limited features

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