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Augur

Augur is a decentralized oracle and prediction market. Augur's REP token is used for reporting and disputing the outcome of events. Reporters are rewarded for reporting correctly.

💩 45%

Reviews for Augur

🔑 9 positive | 💩 11 negative

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We believe decentralized prediction markets will reshape global finance markets and democratize finance in many respects. Augur presents the most compelling opportunity in the prediction market space.

2017-08-24 | Full Review

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If we assume an exponential growth in user base, our model shows an aggressive growth which is not unreasonable for a successful product and a much improved monthly expenditure. Still, the required turnover is measured in billions, which implies that in some sense Augur itself would have to grow larger than the current size of its parent platform, Ethereum.
Based on these findings, we lean toward the conclusion that Augur REP is probably overvalued at the moment.

2016-03-13 | Full Review

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Not that I mind other people trying, but there is extreme deception in Augur. Their "March 2018" whitepaper is basically just mine plus a bunch of bizarre decisions.

2018-05-11 | Full Review

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@AugurProject is building one of the “primitives“ of the new financial system. With Augur, you can construct any variety of financial instruments.

2018-05-11 | Full Review

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Augur and other oracles (and anything that requires complex smart contracts) has a very long road to being really usable. The only use cases ready for prime time are very simple: payment rails, digital collectibles, and soon tokenized real world assets.

Ari Paul, Co-founder and CIO of BlockTower Capital

2018-04-21 | Full Review

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When product usage is growing despite a mediocre UX, it is typically a good idea to start paying attention if you're an entrepreneur or investor (see BTC over the past 9 yrs).

It is still quite early, but feels like @augurproject is on to something

2018-07-17 | Full Review

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Heard a lot of claims that Augur will bring obscure bets online or obsolete bookies but many don’t realize that (1) most sport books have “obscure bets” if there’s demand and (2) bookies don’t hang in back alley ways anymore...

2018-08-31 | Full Review

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Augur may actually have the right idea, in the abstract -- independent foundation; open source protocol.

2018-08-08 | Full Review

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I think Augurs approach leaves something to be desired. Disincentivizing it by demonetizing it is not strong enough IMO.

2018-07-24 | Full Review

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Augur is an excellent example of a thoroughly stupid idea masquerading as a solution to a problem that doesn't exist, like all ICOs. The only point to its existence is to allow the scammers behind it to sell a ponzi token destined to go to zero in the hands of suckers

2018-03-28 | Full Review

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[Augur] literally allows you to create a market for anything.

Ever hear of derivatives (largest asset class in the world)? Augur allows anyone to create derivates contracts for anything instead of banks just creating contracts for toxic assets.

2018-07-24 | Full Review

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I never understood the excitement surrounding Augur. Perhaps I would like it more if it made a better case for why decentralized prediction markets are needed. This isn't at all convincing.

2018-01-30 | Full Review

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Augur is an illegal and unregulated swaps market with open interest of about $1m. It’s not a business, it’s not even a successful non business.

2018-11-22 | Full Review

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Augur is the type of project you should launch anonymously without a centralized kill switch.

The only reason they didn't go that route was because of $$$. Anonymous teams don't get those big ICO hauls. Extremely shortsighted.

2018-07-24 | Full Review

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Augur updated their contract so it's no longer pauseable... good stuff. It still includes the ability for the Augur team to upgrade the contract and essentially "hard fork" the network, but token migration is opt-in.

Jackson Palmer, Group Product Manager at Adobe and Creator of Dogecoin

2018-07-14 | Full Review

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Augur deserves credit for being a functional and interesting dapp, although it’s unclear whether the decentralized reporting will prove robust enough to support liquid markets and induce large punters to join the platform. And I personally believe it would be less fragile as an open source launch with an anon/non US dev team, rather than an ICO-funded venture.

Nic Carter, Partner at Castle Island Ventures and Co-creator of Coinmetrics

2019-01-01 | Full Review

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My bullishness [in Augur] is due to (1) a full year elapsing with a working product (2) improved UX/choice of clients (3) increased brand awareness (4) demand in the market for a non-custodial prediction market (5) stablecoin integration and (6) better market-making and liquidity provisioning.

2019-01-01 | Full Review