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Type of review

Revainrating 3 out of 5

Augur

Augur is a gambling platform with the particularity that it is not a casino, this project takes time Providing its services to its users The platform is in charge of making predictions in mace through bets from its users, this platform has had a drastic decrease in its active users in recent times Since it has a very large dependence on the ethereum network making it inflexible in the digital market of cryptocurrencies

Pros
  • Prediction platform recognized in the market
  • Betting with percentages without being a casino
  • Easy way to make predictions on mace
Cons
  • Drastic decrease in your active users
  • Reliance largely on the ethereum network

Revainrating 4 out of 5

Augur-Predicting the future

The crypto industry amazes us every day with the appearance on the market of increasingly incredible e-commerce products or tools. In addition, from the wide range of cryptocurrencies, online games, blockchain exchanges and digital wallets; the industry is also innovating in offering options that make it easier for us to trade crypto assets and provide us with incredible business opportunities. Within this context we find the Augur platform, called "wisdom of the crowd" by its developers.…

Pros
  • It is the only blockchain platform in the crypto market, based on crowd predictions.
  • It is accessible to any user. It is not limiting.
  • The topics to be discussed on the platform cover a wide range of options: politics, social scientists, among others.
Cons
  • The issuance of REPs is limited, only the amount of 11,000,000 REPs.
  • The participation of users in the prediction mechanisms is not free; since they must pay a percentage between 0-2% to have the option to answer the question posed.

If you are a fan of gambling, or of studying mathematical analysis and data to predict future events, you will love the augur project. Augur r is a decentralized platform that uses the ethereum blockchain technology, to predict or forecast data in the market not only in the crypto market, but also to predict many other events daily, including the weather, based on various indicators. The system works basically like a bookmaker, where, for example, a user bets on the outcome of a soccer match…

Pros
  • It is a very original platform in which all kinds of bets on events on a world scale are allowed
  • The platform even has the advice of great experts in blockchain such as the CEO of ethereum and the former CTO of coinbase
  • Augur charges a commission depending on the value of the bet and not per transaction, which is usually 0 to 2%
  • Reps cannot be mined since the maximum amount of coins was reached in their Ico
  • There is a bounty program in which developers and security experts are rewarded with up to $ 25,000 in Rep tokens for finding bugs or reporting bugs in the system.
  • Its cryptocurrency Rep is among the ranking 50 of cryptocurrencies with the highest market capitalization
  • Augur can be purchased on exchanges such as Poloniex or Bittrex
Cons
  • In 2016, there was a theft of more than 300,000 rep tokens on its platform and there is some expectation regarding its security measures currently

Revainrating 3 out of 5

Trading and Betting on an Ethereum-Supported Platform

Augur is a decentralized platform coming from the category of DeFi projects that offers particularly unique features for a blockchain, it means, it works properly for betting a but it is not a casino, anyway. This platform permits to adopt cryptocurrencies as a universal right just by following bettings for some of the things customers really enjoy like sports, economics, world events, and other promotions. As many readers can see the network although available for everyone, is not an option I…

Pros
  • Great and unique design for a platform dedicated to trading and betting as an option of direct access to cryptos where limits do not exist.
  • Supported by the Ethereum network what means it has active operative and more chances of becoming a partner for every trader.
  • It is globally available and it does not have any restrictions until now. Entering on it is a simple task that requires a few minutes.
  • The main platform is a good design for a common trading window. It was designed and updated with careful attention.
Cons
  • It is not a product easy to manage if the user does not know how to enter the trading fields. The betting section can become a tedious task that requires time to master it.
  • It still requires management and development for some of the things it provides.
  • The volume for trading and betting on it has decreased a little due to the high of fees that are registered in the Ethereum network, even when the platform offers cheap options for them.

Revainrating 4 out of 5

Augur the reputation project

Augur is a decentralized platform that allows you to configure predictions in different markets, based on different signals and indicators. The name of the cryptocurrency comes from reputation and is precisely a means of incentive. Control the accuracy of the data through the delivery of REP tokens as an incentive to users to make corrections to the reports they consider incorrect. It consists of two bases in what is the market and negotiation in addition to the reports or reports. Augur is a

Pros
  • It focuses on a simple creation of decentralized predictive markets.
  • Powerful and complex platform based on Ethereum.
  • Very easy to participate in any of the ways.
  • Cryptocurrency very easy to get.
  • Many predictive markets.
Cons
  • Platform that can be seen as a betting system, which implies problems at the entity level.
  • It is very dependent on Ethereum.
  • REP's value has been very volatile and is a high risk investment.
  • The number of active users decreased dramatically.

Revainrating 5 out of 5

AUGUR Project

After reading about this project, I thought the idea was very interesting. This platform is actually a forecasting platform, but for example it is not a prediction about a sports competition and users make predictions on possible events. This platform is very similar to binary options, but I had never seen its specific idea before (i means in cryptocurrency projects). The Augur project started in 2014 and its long history is one of its advantages. It also currently has a REP currency rating of

Pros
  • The number of followers of this platform page on the social network twitter is about 135 thousand people, which is a sign that this platform is active to increase its fame and reputation.
  • This project is very old since 2014 (in cryptocurrency projects this is a long time)
Cons
  • i didn't find

Gambling has historically been part of civilization. Human beings love to speculate about the results of certain events, or about the shape of the future of our society. Therefore, when a technology such as cryptocurrencies is transforming all the edges of our daily life. It is not surprising that the bets are also touched by them. Among human inventions, cryptocurrencies are probably among the most widely used. And, there are virtual currencies for practically any activity we can think of…

Pros
  • As for its storage, Augur has the advantage of being an ERC-20 token. Therefore, there is a wide variety of digital wallets that offer support for this cryptocurrency, including several of the main wallets on the market, such as Exodus, MetaMask and MyEtherWallet.
  • is aimed at companies that specialize in blockechain gambling, especially casino creators and owners
Cons
  • This project must be studied a lot to understand it since at first glance it seems to be very complicated for the understanding.

Revainrating 5 out of 5

The freedom to create custom forecast markets.

This is one of the best on regular betting platforms. While cryptocurrency is often offered as a betting sign, it uses blockchain technology itself to provide a robust and decentralized forecasting platform with huge opportunities for future development. In order to fix errors, gaps or codes in the codes, it is the users who are actually evaluated according to the time of the rewards, the range of effects they have to pay, the probability of them occurring and the severity of the error. It…

Pros
  • It is the ultimate innovative application of blockchain technology, which uses a blockchain network to provide a decentralized, P2P, open source and unreliable Oracle and prediction market platform.
  • Its goal is to provide network users with the ability to participate in the prediction market at a very small fee, and ensures a secure and decentralized way to record evidence of this national forecast.
  • Any user can create a new prediction event based on the start and end time, as well as a designated journalist, based on what they want with the solution to the prediction and a settlement fee.
Cons
  • It responds well to market fluctuations, it has been well received and seems to be encouraging.

Revainrating 3 out of 5

betting platform

Augur being focused on the betting market blockchain technology has now opened the doors, through Augur, to a space where you can generate rewards through betting (and sports, politics and everything else) in a decentralized, flexible and secure way. Bets are made by buying “shares” in a given event and the prediction itself takes the form of a price tag for each probability, showing the respective probabilities of each result according to the crowd.

Pros
  • Open source project.
  • Aimed at betting trading using Blockchain technology
  • The betting possibilities are updated dynamically according to the previous bets.
  • Innovative long term project
Cons
  • Currently, centralized betting systems dominate the market.

Revainrating 4 out of 5

What is Augur?

Augur aims to become a decentralized prediction market based on the Ethereum blockchain. The market is controlled by its users who bet on the probability of an event occurring or not (true / false, yes / no, winner / loser ...). Users will be able to create their own predictive market, i.e. their own bet, on the subjects of their choice. Anyone can create a predictive market for an upcoming event, regardless of its nature. Who will be the next president of the republic? Will the Racing…

Pros
  • A good part of cryptocurrency investors are gamers. You have to be, a little, to invest in cryptos
  • Serious and motivated team
  • A long-standing project that has already proven its skills with the alpha and beta versions
Cons
  • Quite complicated to understand
  • The user must advance the predictive market pool at the time of its creation

Revainrating 4 out of 5

Not a blockchain?

1. Team - Large group of advisers, including Vitalik Buterin - creator of Ethereum. 2. Not a blockchain? - You should definitely point out, Augur is not a cryptocurrency. Augur is an open source, decentralized forecasting market based on Ethereum, written in Serpent and JavaScript. Users will be able to create their own markets with selected questions. The rest then buy positive or negative shares by betting on the result to be rewarded for a successful forecast of events in the real world…

Pros
  • Team - including advisor Advisor Vitalik
  • JavaScript
  • REP token
  • 80% of the tokens for the investors
  • Idea
  • all tokens are out
Cons
  • Since they started lot of new competitors show out

Augur was one of the first serious blockchain projects out there, and one of the first to use the ERC20 token and Ethereum network. Even so, it remains in beta form after nearly three years of development. Perhaps that’s a positive and the launch of the official Augur main net will come with enhancements and functionality not even rumored. Or perhaps it’s a negative and the team just can’t get this project finished. If things do go as planned, the Augur team has said they expect the platform…

Pros
  • Augur is an interesting project, and while it isn’t new it is worth looking into for its unique use of blockchain technology. Essentially, it is a decentralized market platform for making predictions. As an ERC20 token it uses the Ethereum network to harness the “Wisdom of the Crowd” and make predictions on real world events It’s notable that this “crowdfunding” of predictive ability has actually produced many results that are more accurate than those of top experts in the fields being predicted. Predictions are nothing new, in fact in many circles it would be called gambling, while in others it goes under the guise of “analysis”. Augur actually goes further than this I think, and by utilizing blockchain technology, Augur aims to enable predictive communities that have greater accessibility, lower fees and greater accuracy than anything seen previously.
Cons
  • The REP (or Reputation) tokens are what powers the Augur Decentralized Oracle System. You can think of it as the means to “score” events on the Augur platform. Holders of REP tokens can use them as a stake to report on the outcome of the events listed in the marketplace. REP tokens are not an investment, as they don’t pay passively. Instead they are a tool that helps Augur work. Most users of Augur will never own a REP token, and may not even understand its use. It is important to understand why it exists and what use it has though to fully understand how the Augur platform works. Augur has limited the supply of REP tokens to 11 million, 80% of which were sold in their ICO. The holders of REP tokens are considered to be “Reporters” and are expected to accurately report the outcome of the random events listed on the Augur marketplace at least every few weeks. If these “Reporters” fail to report, or report inaccurately, the Reputation of those individuals is redistributed evenly to all the Reporters who did report accurately during the same reporting cycle.

In Augur's working logic, ”Rep” is the most important driving force. In a nutshell, we can summarize the forecasts for the future as a system that will be won by those who invest in the right prophecy.

Pros
  • Augur is a prediction market protocol built on Ethereum’s blockchain. The future of everything you want in the system can be the subject of the prophecy predicted. Augur is a permissionless protocol. Anyone, anywhere in the world can participate. Trading fees go directly to market creators and reporters. There's no third party making money from your trades. The platform continues to be based on an intelligent contract and is further developed day by day. Extra information; market value analysis; first market price; Oct 27.2015 - 1,47 $ highest price; Jan, 12.2018 - 107,29 $ current price; Apr, 16.2019 - 18,49 $ Total Supply 11.000.000 REP
Cons
  • The interface should be developed as user-friendly.

Overall a really exciting and cool crypto project with solid awareness within the community

Pros
  • Will be able to “bet” on any event you can think of and try to predict. The possibilities are endless. Could even see this becoming localized with predictions for large sets of groups or local businesses.
Cons
  • Sketchiness with some of the team members and previous legal troubles

Augur is an Ethereum-based decentralized prediction market that leverages the wisdom of the crowds to create a search engine for the future. It allows you to forecast events and be rewarded for predicting them correctly. The Augur Project was funded by a public crowdsale or Initial Coin Offering during the fall of 2015, in which it sold 11 million reputation tokens (REP) to more than 4,000 participants. Software development of the Augur platform has been done through the not-for-profit Forecast

Pros
  • People who submit correct predictions are also awarded a portion of the winnings whereas people who report against the consensus (untruthfully) will lose their REP tokens and earn nothing. Furthermore, the more REP a user has, the more value or trust is assigned to that person's input. In other words, Reputation tokens are gained and lost depending on the reliability of users votes with the consensus. REP has the following traits: can be sent between anyone’s accounts; balance is independently determined by Augur; total quantity of 11 million created and distributed upon system launch in accordance with the original terms of the 2015 crowdsale; divisible by 10^18; grants owner voting power on market resolutions; power proportional to stake to vote on development decisions of Augur.
Cons
  • Current token quotation is understimated.

http://www.augur.net/ I will study this project more closely over the next 6-12 months and prepare a second examination, but for now this to me seems a gambling clone nothing more. Nothing to mine. Nothing to support network wise for the population. I'm going to sign up for the Beta today, and RIP to Chris Farley, take a look at a cow's...myself, instead of taking his word for it.

Pros
  • Super Bowl prop bets for everything now. A similar project flashed across my eyes a few months ago and I almost threw a tenner at it, but instead demurred. Because I blatantly rip off the tastefully named Gregg Easterbrook in many of my autofill quips - in deference to my Lutheran upbringing, in general I am pro-topless and anti-gambling. Lots of people love gambling. I won 500 dollars on a scratch off once, just because of luck. I also have lost one dollar at a time more than 100 times. I love telling people what I think will happen. I love getting paid for being correct. Here Augur comes through with a telling people what I think and getting paid for it checkboxes.
Cons
  • Market prediction based of crowd sourcing and crowd fee setting - could be useful, but more likely this ETH based product will have a lot of charitable giving to get done before certain potential customers give a second look. Gambling is a social ill. In general, more people have deeper problems as a result than the deeper benefits of winning or the social interaction effects.