Review on Augur by Mayra Coba
Decentralized predictive market that was well known
This decentralized prediction market was well known, its name is Roman from the sarcedostes who liked divination. It is guaranteed as to its decentralized nature in the honesty of reporting the results of events, using popular wisdom to avoid individual fraud. This project aims to revolutionize predictive markets and doing so will change the way of receiving and verifying the truth. The goal is to make accurate predictions by large numbers of people, rather than just a small expert group. It has the virtues of being accessible worldwide and also respects the privacy of all users. Finally I can say that my interests in terms of sports, economics and what I love the most about politics, Augur is a platform that is still charming when it comes to betting on what are the electoral results and other present. People know it as a bookmaker but I go further and think that it can also be used as a necessary exchange platform for the use of cryptocurrencies. It has its token (REP) that can be found on various exchanges such as KuCoin.
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I sincerely hope that it continues in process and never ends, although the number of users has decreased so far in time, which is why this platform has not been given the treatment it deserves. Hopefully they can crop up again at any time and that you don't miss out on this valuable betting system.
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Pros
- It has a reward system for reporters or so-called informants.
- It has its own token available on various exchanges.
- It is based on Ethereum technology in terms of blockchain.
- Has a focus and objective in terms of good ethics predictions.
Cons
- The price of your token has come down little by little and this is serious.
- Website only in English language.
- It is seen as a betting house therefore it tends to be regularized.
