Rank #2389
rep Augur
$ 0.6475
0.00%
0.05686 BTC
686 satoshies0.00%
Market Cap
5,20 MLN. $
24 Hour Trading Vol
25,092.0517 $
Circulating Supply
8,03 MLN.
Total Supply
8,03 MLN.
Max Supply
8,03 MLN.
Fully Diluted Valuation
5,20 MLN. $
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About Coin
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.
Where is Augur available for purchase?
You can exchange REP tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Augur is Gate.io, notably the REP/USDT pair, which saw a trading volume of $ 15,283.76 in the past day. Additionally, Kraken and Uniswap V2 (Ethereum) are popular alternatives for trading tokens.
What is the highest value Augur (REP) has ever reached?
Augur (REP) reached its peak price at 341.85 $ on 10 February 2016, approximately 9 years ago ago. Presently, the current price is -99.81% lower than this all-time high.
What is the fully diluted valuation of Augur (REP)?
The fully diluted valuation (FDV) of Augur (REP) stands at $ 5,20 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 8,035,325.9 REP tokens. The realization of this FDV might take several years depending on the emission schedule of REP tokens.
How to add Augur (REP) to MetaMask?
By integrating Augur (REP) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import REP as a token. You can either manually import REP by copying its contract address (0x221657776846890989a759ba2973e427dff5c9bb) or use MetaMask's Chrome extension to add REP with a single click through Pirate.Place.
How to add Augur (REP) to TrustWallet?
Incorporating Augur (REP) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include REP, you can either manually import it using the contract address (0x221657776846890989a759ba2973e427dff5c9bb) or conveniently add it to Trust Wallet with just one click via Pirate.Place if you've installed Trust Wallet's Chrome extension.
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