@soundmoney
9 months ago

What do you think about Augur Decentralized Prediction Market?

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Augur markets must be based on verifiable events, but Augur is a platform without moderators, so that’s become more of a guideline.
As mentioned above, the perfect example: someone has posed the question, “Does god exist?” They’re apparently in no hurry to find out, as the market expires at the beginning of 2020. And the resolution source must be the “news media.”
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Augur  is now in beta phase and is being extensively tested and audited with the aim of a full-fledged launch in 2018. Augur will have REP tokens to fuel its operations on the prediction platform. I believe that the Augur would have bright future.
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Good Idea!!!

It's a good idea to speculate on any and all events and let people create any DApps to do so... i found that interesting as gambling and speculation is ages old business and there will never be scarcity of gambler and speculators... EVER!!!

The platform itself is pretty fast and stable... so pretty decent i believe!!!
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Augur probably will be the largest and most complex application to be attempted to be deployed on Ethereum. I believe end of 2019 the REP price will catch $25 lines.
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Augur Decentralized prediction market is making it easier than ever for cryptocurrency users to bet on a range of events including the Super Bowl. The size of the black market for sports betting in the U.S. is difficult to estimate, but is believed to be worth upwards of $80 billion a year. For U.S. bettors seeking a means to wager on their favorite sports, various offshore gambling sites will take their custom. Using a credit card for such purposes heightens the risk of detection and data-loss however. Cryptocurrencies can mitigate some of those risks, but customers are still obliged to sign up to a centralized online sportsbook and disclose their personal information.

Decentralized prediction markets are an alternative solution that is beginning to gain traction. While not ostensibly designed for gambling, they effectively serve as surrogate sportsbooks, enabling cryptocurrency users to wager on the outcome of major sporting events. A string of supposedly decentralized sports betting sites has sprung up over the last 18 months, many of which were funded with ICO money at the peak of the bubble. Projects such as Wagerr will soon be joined by the likes of Block Sports, while the popularity of gambling dapps, which account for the majority of dapp usage on the Eos and Tron blockchains, attests to the lure of crypto-based betting. Decentralized prediction market Augur and the platforms built upon its protocol are the best known examples of borderless betting that’s virtually impossible to censor.
Guesser, a more user-friendly version of Augur, is currently in closed beta. It enables anyone to wager with ETH in just a few clicks using the Metamask browser. Its Super Bowl market is also seeing action, though more serious sports bettors may prefer Veil. Yet another Augur-based derivative, it offers the ability to go long or short on the outcome of the Super Bowl as well as to wager on a host of other events including the Academy Awards.
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It's a good idea to speculate on any and all events and let people create any DApps to do so... i found that interesting as gambling and speculation is ages old business and there will never be scarcity of gambler and speculators... EVER!!!

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It intrigues me, I'll be keeping an eye out to see how well it works out.
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Es una buena idea especular sobre cualquier y todos los eventos y dejar que la gente cree DApps para hacerlo ... lo encontré interesante, ya que los juegos de azar y la especulación son un asunto histórico y nunca habrá escasez de jugadores y especuladores ... ¡NUNCA! !!

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Good project on outcome betting
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I am not a hundred percent sure of the project. It is not as solid as other projects. I would suggest to sit back and observe.
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