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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.
How to use Augur (REP)
A long-term investment in REP with the expectation of it increasing in value. You can safely store your REP in Guarda Wallet.
Instantly exchange Augur with the best REP exchange rates. We offer many trading pairs for Augur trading through our exchange partners.
Guarda allows you to easily buy Augur online and send it to anyone and anywhere with their Augur address.
Bet with Augur
Place a wager on your favourite team, game or sporting event.
Receive Augur from anyone instanteniously through your web browser, mobile phone or desktop app.
Learn more about Augur
You can read more detailed articles about Augur and blockchain as a whole in our Academy.
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