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Forecast Foundation

Forecast Foundation is the non-profit that funds and builds the open source software that powers Augur, the decentralized prediction market.

Forecast Foundation people

Cryptocurrency reviews from the executives, employees and alumni of Forecast Foundation

photo of cryptocurrency expert Jeremy Gardner
Jeremy Gardner

Co-Founder and Managing Partner at Ausum Ventures

photo of cryptocurrency expert Joey Krug
Joey Krug

Co-Chief Investment Officer at Pantera Capital

Reviews by Forecast Foundation people

🔑 8 positive | 💩 2 negative

🔑

Numerai is crushing it. Their Numeraire token (airdropped, not ico’d) dramatically increased the usage and quality of data sets for their stock market competitions.

2018-08-21 | Full Review

🔑

[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

🔑

Dai  [is]  an asset-backed, hard currency and the first decentralized stablecoin on the Ethereum blockchain. Effectively, the stablecoin is backed by over-collateralizing the system with other crypto-assets. Despite blathering by bloggers, Dai remains valued at one US dollar, thereby retaining its peg.

Joey Krug, Co-Chief Investment Officer at Pantera Capital

2019-01-08 | Full Review

💩

In general, I think cash and payments are one of the last areas blockchain will affect. . . . While Bitcoin may win digital gold, I don’t think it’ll succeed as money: it’s too volatile, isn’t designed to be money, and has no dynamic monetary policy (which is part of why gold was abandoned as a form of payment in society).

Joey Krug, Co-Chief Investment Officer at Pantera Capital

2019-01-08 | Full Review

🔑

Nothing about bitcoin needs to change for it to be successful.

Provable digital scarcity is one of the only working use cases for blockchain tech.

Bitcoin improves upon on the features that make gold valuable.

Gold is worth >$7 trillion.

Bitcoin, as is, will be worth more.

2018-07-20 | Full Review

🔑

When it comes to Ethereum, I’m increasingly convinced that stickiness may be accentuated by developer adoption. . . . [W]hile “faster,” “more scalable” blockchains exist, I’m not seeing meaningful developer adoption.

It’s yet to be seen whether interoperability and time lead to Ethereum’s diminished dominance as the smart-contract chain, but right now it owns tokenization and dapps. Winning either of those categories makes ETH a good long-term bet for the same reason BTC is the “SOV chain.”

2018-12-13 | Full Review

💩

A permissionless dapp/protocol like 0x or Augur could barely run on EOS, and would probably eventually get censored by the block producers at some point. EOS has played with the slider between centralization / decentralization and scalability. *That is not innovation!* Innovating is when you do something new and do something that makes things better *without* having to face some severe tradeoff.

Joey Krug, Co-Chief Investment Officer at Pantera Capital

2018-12-18 | Full Review