Augur

About Augur

Augur (REP) is a decentralized prediction market protocol built on the Ethereum blockchain. It enables users to create and participate in markets that trade on the probability of real-world events, from politics to sports to economics. What sets Augur apart is its trustless, permissionless design, which removes the regulatory and geographic barriers associated with traditional prediction markets. The REP token is used by reporters to stake on outcomes and ensure accurate market resolution. Augur draws on the wisdom of crowds to produce reliable forecasts without relying on any central authority.