Ethereum Prediction Market Service Takes First Steps With Beta Launch
A new prediction market platform is set to go live on the ethereum network this week. Called Gnosis, the project will allow users to wager on future events by asking and answering questions about the outcome of sports games or elections. However, the platform's creators envision Gnosis one day serving as a platform for a wide range of user-created prediction markets. An example touted by the team is a sample platform called Hunchgame, which would see Gnosis being used as a basis for a prediction market centered on celebrity gossip. One of the more experimental use cases for public....
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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....
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.”....
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....
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....
The cryptocurrency and blockchain exchange announced today that it will be relaunching its trading platform after suspending trading earlier this year following a breach on its system. Hong Kong-based Gatecoin has unveiled in a blog post that trading will recommence on Wednesday, August 17 at 08:00 GMT. Clients will be able to trade and transfer BTC, DGD, DAO (withdrawals only), REP (trading only), EUR, USD, and HKD, with no trading fees until September 1, 2016. Partial withdrawals of Ethereum (ETH) will be enabled to ETH holders who have been affected by the hack. Gatecoin is also....