Through the Gnosis platform, third-party developers can create betting applications on anything: from sports results to elections, celebrity gossip and stock market values. Other users can bet on the outcome of the event, with the data collected during the betting process used to create a prediction.
However, being focused on the market of predictions since other projects points to this goal because of this Augur is one of the projects that have the same purpose, which will be difficult for Gnosis to succeed in its future.