In Augur's working logic, ”Rep” is the most important driving force. In a…
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.