Interesting Markets Develop in Augur (REP)

in #bitcoin6 years ago

Less than a month ago, after two years of development, decentralized predictions market Augur launched on the ethereum blockchain.

With Augur people can bet on anything. Betting is done in ether. And reporters verify the results using Augur’s utility token, the reputation (REP) token.

People are already betting on some interesting things.

According to reports $1.5 million in bets have been wagered on Augur thus far.

You can follow all the bets at Predicitions.Global.

The predictions that are getting everyone’s attention are ones like the picture below… death markets, aka assassination markets.

People are worried someone might try to cash in on a bet in the wrong way.

This all brings up some interesting questions, because now Augur is decentralized.

What if a government tries to shut down Augur?

What happens if the worst occurs?


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I'm watching this coin for a long time now i think it's have a great potential

Going to keep my eye on it too... I guess maybe I'll have to try it out as well.

how will the government shut augur down?

exactly

Guess I should give this a try... It seems legit

I used Bitcoin buying hosting some.

There is risky situation, any situation can be create

Augur is an interesting project, and while it isn’t new it is worth looking into for its unique use of blockchain technology

I am also a student of marketing research and development. I think it would be helpful for me to open new era . Thanks for sharing dude

Cheers!

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Surely augur is one of the coin to watch out for.