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Augur (REP) - Time Machine Price, Change(24h), Reviews, Guides and more

Augur has been built to predict the future, making a service that utilizes the knowledge of a big group of people and rewards the right ones...

Augur (REP) Market Cap

Name (Ticker)
Augur (REP)
Price (USD)
$10.2802430437
Rank
50
Active Supply
11.0 million
Total Supply
11.0 million
Volume(24H)
9.1 million
Marketcap
113.1 million
Fun Name
Time Machine
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Augur (REP) Graph

One Week Coin Price Graph

Pros of Augur (REP)

  • Interesting Idea
  • Worldly

Cons of Augur (REP)

  • Could sway markets
  • Could be corrupted

Augur (REP) Summary

Groups of people wager money on future events, the more you get right the bigger the influence you will have on the prediction outcome.

This is a interesting idea as it is decentralized and results will be available for anyone to view.

I can see a few problems, sometimes groups of people are not smarter than a few experts. People that have a huge influence might be bribed to sway the odds of something or guess wrong to profit from the outcome.

No matter how much we want it, we don’t know the future and augur will not change that. It will slightly sway the odds on some things.

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