Founded in 2014, Augur is an open-sourced, decentralized, peer-to-peer prediction market platform. It provides around-the-clock, global, decentralized access to individual participants to predict the outcome of specific events and benefit from them.


Built on the Ethereum blockchain, Augur aims to create a highly precise prediction market that is based on the concept of “Wisdom of the Crowd” - the idea that the average prediction of enough people is far more accurate than that of select number of experts.

By eliminating the middlemen and operating on the decentralized blockchain, Augur allows individuals to create, predict, and speculate on the derivatives linked to the outcome of specific events at a substantially lower price compared to that of the present-day capital markets.

The predictions by participants are backed by their own money in the form of REPutation (REP) tokens. All such, predictions from diversified participants are available on the Ethereum blockchain as a large number of data points which allows for improved forecasting. Participants benefit by receiving incentives for their reporting and predicting activities.

  1. Augur REP Token

    The Augur REPutation token (REP) is the cryptocurrency of Augur, ...
  2. Gnosis

    Gnosis is an open-sourced, decentralized, peer-to-peer prediction ...
  3. Blockchain

    A blockchain is a public ledger of all cryptocurrency transactions. ...
  4. Ethereum Classic

    Ethereum Classic is a decentralized, blockchain-based distributed ...
  5. Decentralized Applications or dApps

    Decentralized applications (or dApps) are digital applications ...
  6. Blockchain ETF

    Blockchain ETFs facilitate real-time trading on a basket of blockchain-based ...
Related Articles
  1. Tech

    Is Ethereum More Important Than Bitcoin?

    Ethereum's market capitalization is only about a third of Bitcoin, but some think it is gaining ground fast.
  2. Tech

    Will Bitfinex's New Decentralized Cryptocurrency Exchange Boost EOS Prices?

    Bitfinex, arguably the world's biggest cryptocurrency exchange, will build a decentralized exchange on the EOS platform.
  3. Tech

    How Blockchain is Revolutionizing Content Distribution

    As blockchain technology becomes more ubiquitous, centralized content hubs will no longer be able to exercise the same degree of control over the system.
  4. Tech

    How Blockchain Technology is Changing Real Estate

    Blockchain technology will disrupt real estate as well.
  5. Tech

    Top 3 Books to Learn About Blockchain

    Here are reviews of three of the best available books on blockchain, a relatively new, but rapidly growing and very important technology.
  6. Tech

    What Are Decentralized Cryptocurrency Exchanges?

    Could the latest type of digital currency exchange protect users from potential hacks?
  7. Tech

    Understanding the Reasons Behind Ethereum's Price Rise

    The price of Ethereum has surged by 2400% year-to-date, from approximately $8 in the beginning of the year to beyond $200, pushing its market capitalization to around $18.5 billion.
  8. Tech

    What Is Ether? Is It the Same as Ethereum?

    Ether is a means of buying services within Ethereum but it's not a cryptocurrency per se, like bitcoin.
  9. Tech

    SingularDTV Creating Entertainment On The Ethereum Blockchain

    A new use for blockchain technology: Let users upload original entertainment that can't be pirated.
  10. Investing

    Microsoft, Big Banks Unite to form Massive Ethereum Consortium

    Enterprise Ethereum is 'guarded' project built on the Ethereum protocal for use by corporates by overcoming the drawbacks of other initiatives.
  1. What are elves?

    Elves are used to describe the technical analysts that are guests of the PBS show Wall Street Week. The job of these technical ... Read Answer >>
  2. What is the "random walk theory" and what does it mean for investors?

    The random walk theory is the occurrence of an event determined by a series of random movements - in other words, events ... Read Answer >>
Hot Definitions
  1. Entrepreneur

    An Entrepreneur is an individual who founds and runs a small business and assumes all the risk and reward of the venture. ...
  2. Money Market

    The money market is a segment of the financial market in which financial instruments with high liquidity and very short maturities ...
  3. Perfect Competition

    Pure or perfect competition is a theoretical market structure in which a number of criteria such as perfect information and ...
  4. Compound Interest

    Compound Interest is interest calculated on the initial principal and also on the accumulated interest of previous periods ...
  5. Income Statement

    A financial statement that measures a company's financial performance over a specific accounting period. Financial performance ...
  6. Leverage Ratio

    A leverage ratio is any one of several financial measurements that look at how much capital comes in the form of debt, or ...
Trading Center