What is Augur?
Augur is a cryptocurrency used by a betting platform that predicts the future by incorporating blockchain technology. Augur coin developers created a prediction market platform called GNOSIS founded on the Ethereum blockchain network, which was designed with consideration of the difficulty of predicting the future as a sole individual. With predictive data generated by people of various personalities and experiences, new information with the advantages of collective intelligence can be generated.
Augur Coin’s platform is used to then predict future events in real world application such as sporting events, such as baseball, basketball, soccer, and political and economic issues. Anyone can open a forecast market and participate in the transaction. The outcome of the forecast market is determined by users with Augur Coins. It consists of a system in which users who correctly predict a higher number of future events are rewarded.
Augur Coin Outlook
The Augur Coin outlook can be evaluated based on the success of the new development project. Augur became known to the public in 2015 when Ethereum’s developer Vitalik Buterin invested in the project as an angel. In 2020, Augur version 2.0 includes a variety of Defi tools, enabling users to participate in Augur’s forecasting market by applying Defi technology. However, it has been confirmed that there has been no special project development or partnership activities since the development of version 2.0 in 2020. The August Pro launch, which was expected in collaboration with ChainLink and Polygon, has not yet been able to find any meaningful progress even after 2021 has passed – the year in which the launch was promised.
Who Invented Augur Coin?
Augur coin was jointly developed by Jack Peterson and Joey Krug, who run the team with 13 members. Prior to the creation of Augur Coin, the team had experience in creating a cryptocurrency called Side Coin. With very much experience in cryptocurrency, it was very helpful in developing Augur. In 2017, the team collaborated with the world’s design company, IDEO CoLab, to secure the intuitive design of the decentralized dApp. Subsequently, the team has collaborated with Jaxx, a multi-currency wallet platform with 50,000 users, and has continued to develop additional technology.
Here are some factors that investors should consider before investing in Augur.
|Cryptocurrency Features||Augur (REP)|
|Publisher or Developers||Forecast Foundation OU|
|Headquarters (Registration Number)||Republic of Estonia|
|Published Date (CMC Registration)||2015-10-27|
|Max Supply||No limit|
Reliability Score of Augur in 2023
These are indexes mesuring the investment reliability of Augur conducted by Coin-Labs.
|Investment Reliability Rating Items||Scores and Current Status|
|Company Activation Rate||1.8 / 10.0 CAR|
|Communication Rate||5.2 / 10.0 CR|
|Technology Transparency Rate||8.0 / 10.0 TTR|
|Development Participation Rate||2.1 / 10.0 DPR|
|Listing Status on the World's Top 10 Exchanges||Listed on 8 Exchanges|
|Number of Available Pairs Worldwide||100 Pairs|
|Market Cap of the Cryptocurrency||116,603,110,350 KRW (Rank #301)|
Here are the price and recent trading volume of Augur. (Data of 2023-04-01 20:13:24)
|Price Items||Price and Trading Volume of Augur|
|Augur Price||10,600.283 KRW|
|Price Change 24h||3.00%|
|Price Change 7d||-6.12%|
|Trading Volume 24h||5,424,712,368 KRW|
|Trading Volume Change 24h||29.68%|
You can check the development status and social media information of Augur through the links in the table below.
|🌎 Official Website|
|📖 White Paper|
|🛰️ Source Code (GitHub)|
|🎺 Message Board|
Where to Buy Augur
Here are the top ten world crypto exchanges where traders can buy Augur in 2023.
|Top10 Exchanges||Listed Status||Page URL|
Frequently Asked Questions
What is the current price of Augur?
Augur price today is 10,600.283 KRW. Furthermore, the price of Augur has fluctuated by 3.00% from 24 hours ago, and by -6.12% from a week ago.
Where is Augur listed?
Currently, it is listed on a total of 8 among the world top 10 exchanges.
What is the market cap of Augur now?
Currently, Augur has a market cap of 116,603,110,350 KRW, which is ranking 301 among cryptocurrencies worldwide.
How much is the trade volume of Augur?
Currently, 11,000,000 REP coins are circulating through 100 market pairs. As a result, in the last 24 hours, 5,424,712,368 KRW of REP coins were traded in the market.