Review on Augur by Amos joseph
Augur
Blockchain technology have brought countless opportunity in the financial sectors and have in turn limited some drawback encountered on centralized system.Such as slow transaction process wide scalability easy user experience and lot more.
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Augur is a decentralized open source ethereum smart contract betting platform that allow user to vote and make decisive decision on crypto market users can vote yes or no on which company or even and crypto market will bull or bear from such vote users who get the correct vote or prediction will be rewarded using the Augur token REP.
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Augur provide a lower fee transaction with provided app for accessing the exchange market users can trade and pair augur token against other crypto pairs.
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Pros
- Is a decentralized base prediction market analysis platform where user who hold augur token can bet on market and companies
- Low fee commission on transaction
- Fast payment system with good security
- Offer trading application for user to conveniently trade and their token
- Has a competitive price in the market
Cons
- Augur non for now
