What is Augur?
Augur is a decentralized oracle and peer-to-peer protocol for prediction markets. It is free, public, open-source software and a set of smart contracts written in Solidity that can be deployed to the Ethereum blockchain. The Augur developers have decided to use the “Wisdom of the crowd” on the platform to generate forecasts, where some participants are betting on the outcome of the event, and the majority are seeing the results in order to gain the viewpoint of the collective mind. Augur is a cryptocurrency that is called the blockchain oracle or the personal predictor of Vitalik Buterin. REP is the utility token of the project.
Augur uses a “wisdom of the crowd” principle - it has extensive and robust features, and always rewards its members. It is entirely regulated by users betting on any event and remain anonymous. This feature allows everyone to make predictions and gain income without sharing their personal details.
Augur Website 
