Forecast Foundation is the non-profit that funds and builds the open source software that powers Augur, the decentralized prediction market.
Forecast Foundation people
Top experts from the Forecast Foundation network.
Reviews by Forecast Foundation people
Cryptocurrency reviews from the executives, employees and alumni of Forecast Foundation.
[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.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.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).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.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.”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.Full review