Augur Looks To Succeed Where DARPA, The CIA & DoD Failed With An Open Source Prediction Market
Augur strives to bring prediction markets into the future. The tool, which Director of Operations Jeremy Gardner and Core Developer Joey Krug hope to make prediction markets more accurate than ever, comes with great precedent. But Augur believes, with the power of decentralization and open source technologies, theirs' is truly a paradigm shifting project. The decentralized prediction market has been gaining notoriety in recent months, and was even considered a finalist for the biggest breakthrough technology as voted upon by Singularity University at the Exponential Finance Conference for....
Related News
Augur, a decentralized platform allowing individuals to create prediction markets on a vast array of topics, announced today that it was launching its alpha test."Traditionally, prediction markets have fallen short due to their need for volume in order to be valuable forecasting tools," explained Jeremy Gardner, the Director of Operations at Augur. "Having a global, unstoppable, blockchain-based prediction markets platform means anyone in the world with internet can connect to Augur."However, Augur is not, itself, a prediction market. Rather, it is open-source code for a prediction markets....
Decentralized prediction market Augur has just launched its beta testing platform. The trial will be open to anyone, and its team of developers is asking for feedback from users. On its blog, the company explains it has “overhauled” its User Interface (UI) and “fine-tuned” the smart contracts “so that Augur will scale painlessly to billions in volume.”....
Augur has launched the world's first decentralized prediction market that would be open to the general public. Prediction markets work on the idea that large groups of people are able to make much more accurate predictions than, small teams of experts. Augur enables participants in its prediction markets to now put their money where their mouth is. Participants back their beliefs by placing wagers on the outcomes of diverse events, that range on everything from politics, the economy and even the environment itself. The funds are stored securely on Augur's platform, and are accessible only....
We recently caught up with Tony Sakich of Augur - here's what he had to say... First of all, tells little bit about what Augur is all about. Augur is a decentralized prediction market platform, the end result will be to change the manner information consensus is collected and aggregated. The bitcoin space is growing fast, where do you see Augur fitting into the overall infrastructure? Our goal it so supplement existing prediction markets with one that is decentralized which will increase the quality of potential outcomes. Is there anybody at the company that are users may be interested to....
Augur, a fully-decentralized, open-source prediction market platform based on blockchain technology, intended to revolutionize forecasting, decision-making and the manner in which information consensus is collected and aggregated, has been selected as one of the five finalists in the "Breakthrough" category at the XCS Challenge at Exponential Finance 2015. The Singularity University and CNBC hosted the Exponential Finance 2015 conference (New York, 2-3 June), which examines how rapidly accelerating technologies such as artificial intelligence, quantum computing, crowdfunding, digital....