Blockchain Prediction Market Augur Enters Beta
Decentralized blockchain prediction market Augur has officially entered beta. First announced in early 2015 and spurred by a successful crowdfunding through the sale of its software tokens, Augur aims to allow users to trade on the outcome of events, and for the market to then leverage that crowdsourced information. With the news, Augur is now open to initial users, boasting what it called improved front-end design while enabling the creation of new markets that go beyond binary 'yes or no' answers. Further, Augur said it will soon release a revision of its original working paper as it....
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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.”....
After seven months of core development, Augur, a decentralized prediction market platform that rewards its users for correctly predicting future events, has officially begun its beta test. Ethereum-Based Service. The Augur team partnered with Microsoft Azure, tech giant Microsoft’s Ethereum-based “blockchain as a service” product, to launch their application on a decentralized and smart contract-enabled platform. Because most of the settlements, including the payout and betting processes on Augur involve smart contracts, the Augur team decided to launch their application on the Ethereum....
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....
The prediction market Augur that runs on top of the Ethereum blockchain has just announced a partnership with the security and wallet service Airbitz. Augur will utilize the Airbitz Edge Security Platform making the prediction market more accessible to the mainstream with user-friendly encryption that protects private keys. Edge Security Will Benefit....
The crypto markets didn't responded well to the launch of Augur's digital asset. The ethereum-based prediction market came out of the gates strong last week, with its reputation (REP) tokens quickly getting listed on markets like Poloniex, Bittrex and Kraken. However, the market value of those tokens fell sharply in post-launch trading. Since then, some market observers have moved to voice their concerns about the blockchain token's long-term viability, and the viability of 'appcoins' in general. Intended to act as an incentive for prediction market users who provide reliable reports on....