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REP Price Today
Augur price today is $9.28 with a 24-hour trading volume of $45,189,246. REP price is down -5.3% in the last 24 hours. It has a circulating supply of 7.5 Million REP coins and a total supply of 7.48 Million. If you are looking to buy or sell Augur, Upbit is currently the most active exchange.
What was the highest price for Augur?
Augur hit an all time high of $341.85 on Feb 10, 2016 (over 6 years).
What was the lowest price for Augur?
Augur had an all time low of $0.000000000000 on Jan 22, 2016 (over 6 years).
What was the 24 hour trading volume of Augur?
The 24 hour trading volume of Augur is $45,189,246.
Where can Augur be traded?
You can trade Augur on Upbit, Binance, and Kraken. Popular trading pairs for Augur in the market includes REP/USD, REP/CAD, REP/EUR, REP/PHP, REP/INR, and REP/IDR.
Augur is a trustless, decentralized platform for prediction markets. Augur is an Ethereum-based decentralized prediction market that leverages the wisdom of the crowds to create a search engine for the future that runs on its own token, REP. Augur allows users to create their markets for specific questions they may have and to profit from the trading buys while allowing users to buy positive or negative shares regarding the outcome of a future event.
Prediction markets are markets created to trade the probability of an event happening. The market prices indicate what the crowd thinks the probability of an event happening. Predictive markets have shown to have been effective in accurately forecasting many results however it is still not widely used due to the many regulatory hurdles involved in setting up such a market. Augur aims to set up such a market in a decentralized manner.
Augur is an Ethereum-based decentralized prediction market that leverages the wisdom of the crowds to create a search engine for the future that runs on its own token, REP. Augur allows users to create their markets for specific questions they may have and to profit from the trading buys while allowing users to buy positive or negative shares regarding the outcome of a future event. Augur REP is the gambling cryptocurrency. It’s the crypto token you can use to bet on sporting events, political outcomes, economies and just about everything else in the prediction markets. Online gambling is a $52 billion a year industry.
At its founding the project included Intrade founder Ron Bernstein, Robin Hanson, and Ethereum founder Vitalik Buterin among its advisers. In April 2015, Augur's first contract was uploaded to the Ethereum network.The first beta version was released in March 2016. In October 2016, all the reputation tokens that were for sale during the 2015 crowdfunding campaign were distributed to their owners on the live Ethereum network and the two largest cryptocurrency exchanges, Poloniex and Kraken, added support for these tokens on their trading platforms. The project was delayed until it was launched in July 2018.
