Augur (REP)

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Truth and facts[edit]

  • Augur is a decentralized, open-source platform for prediction markets.
  • Augur combines the magic of prediction markets with the power of a decentralized network to create a stunningly accurate forecasting tool, and the chance for real money trading profits.
  • Augur is the future of forecasting.


  • Slogan: Decentralized prediction markets.
  • Augur (REP) is based in United States.


  • The official ticker symbol for Augur token: REP
  • Token type: ERC20
  • Circulating Supply: 11,000,000 REP


  • ICO from 17 Aug 2015 to 1 Oct 2015.

Video Playlist[edit]

Augur - How A Decentralized Prediction Market Works (Narrated by Shooter Jennings)

00:00 Augur is a prediction-market platform that rewards a user for correctly predicting future events.
00:11 Prediction markets allow users to purchase and sell shares in the outcome of an event.
00:14 The current market price of a share is an estimate of the probability of an event actually occurring.
00:24 The prices of each share adds up to one dollar.
00:25 So if you buy a share at even odds it will cost you 50 cents.
00:31 If you end up being right, you’ll receive a dollar for that share.
00:31 These markets rely on a scientific principle known as the wisdom of the crowd, which states that if you ask enough people something, their average answer is usually far more accurate than any expert.
00:48 This allows us to create one of the most powerful forecasting tools.
00:48 The problem with previous prediction markets is that they were centralized, allowing them to be easily shutdown.
01:00 Another problem is that with any predictive market, someone has to report what actually happened after the event occurred.
01:05 In centralized markets, one person does this, which means there can be mistakes or outright manipulation.
01:12 With Augur, we’ll have thousands of users reporting on these outcomes using something called reputation.
01:23 Using Augur, anyone, anywhere in the world, can create a market asking a question about anything.
01:31 Market makers provide some initial funding for the market and in return receive some trading fees.
01:36 Anybody can freely buy and sell shares in the outcome of that market, and the current share prices provide the best estimate of that event occurring.
01:44 Imagine being able to Google questions about things that haven’t happened yet and receiving accurate odds of their occurrence.
01:56 That power, the power to glimpse into the future, is what we believe everyone should have access to.

Augur: An Introduction To A Decentralized Prediction Market

00:00 People can make some pretty strange decisions.
00:02 Those pants with that shirt, really?
00:04 But when you group us in a crowd, we have an uncanny ability to make smart decisions, and even predict the future.
00:10 Predictive markets are all about buying and selling shares based on the outcome of future events.
00:18 It's like stock market trading.
00:20 Only people can bid on everything, from the weather to sporting events.
00:25 Each wager is an opinion, and if we harness those opinions on a grand scale, we can build the most powerful forecasting tool mankind has ever seen.
00:31 That's where augur comes into play.
00:34 Augur is a decentralized, open source prediction platform anyone can use.
00:39 Create markets, buy shares, report on outcomes, all while adding each individual's knowledge to the crowds predictive muscle.
00:49 Augur works using blockchain technology to rally the power of the crowd.
00:53 First, a user creates a prediction market.
00:56 For example, will a penguin get elected president in 2016?
00:59 Next people place wagers using a simple market-based odds system.
01:05 When the event passes, the crowd verifies the results.
01:08 Participants are rewarded for honest reporting, and of course for bidding on the correct result.
01:15 Augur opens predictive markets to the entire world, putting the forecasting power of the crowd to the ultimate test.
01:21 Learn more about augur decentralized prediction market by visiting our website.


List of exchanges, trading platform and marketplaces to trade, buy and sell Augur (REP).


  • List of supported wallets for Augur (REP).


  • List of development timeline, roadmap, events and milestones on Augur (REP).


Team members[edit]

  • List of team members in Augur (REP).
Name Position Details
Jack Peterson, PhD Co-founder & Lead Developer
Joey Krug Co-founder & Senior Back-End Developer
Stephen Sprinkle Senior Front-End Developer
John Danz Front-End Developer
Aaron Drake Senior Back-End Developer
Alex Chapman Senior Back-End Developer
Scott Bigelow Back-End Developer
Serena Randolph Front-End Developer
Paul Gebheim Code Monkey
Tom Kysar Operations
Peronet Despeignes SpecialOps
Tom Haile Code Mercenary
Austin Williams Researcher
Stephanie Alexander Technical Writer
Ivan Petric Marketeer


  • List of advisors for Augur (REP).
Vitalik Buterin Founder, Ethereum
Ron Bernstein Founder, Intrade & Tradesports
Dr. Robin Hanson Economist, George Mason
Joe Costello CEO, Enlighted


  • List of partners, supporters and investors for Augur (REP).

White papers[edit]

Bounty programs[edit]

Frequently asked questions[edit]