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Ratings Augur

Welcome to the future of forecasting

Augur is a Decentralized Prediction Market Platform, built on Blockchain technology. Prediction markets allow users to buy and sell shares in the outcome of an event. The current market price of a share is an estimate of the probability of an event occurring. To gain this large audience, Augur is built on Ethereum, a decentralized blockchain network similar to the Bitcoin network. Utilizing this technology, our markets can effectively eliminate counterparty risk and centralized servers while creating a global market by employing cryptocurrencies such as bitcoin.

3.7
4 3 expert ratings
Benchy 3.3
KYC
Experts
5.0
5.0
4.3
Review: download now PRO
~$5,000,000
value of tokens sold in ICO
Ended
Token
REP
Type
Price in ICO
0.6000 USD
Country
USA
ICO start
17th Aug 2015
ICO end
1st Oct 2015
Visit ICO website
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Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Frank D. - MBA
Frank Desifone MBA
Rated on May 18, 2020
Modified on May 18, 2020
5
5
5
20%

Really solid project, it demonstrated efficacy and real use cases in a new hi tech sector.

The vision is strong as Decentralized Prediction Market Platform

The team behind the project is really solid. always KYC is recommended to do, btw.

decent amount of funds were raised.

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0
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Gregory Snelgar
Staff writer at Altcoin Magazine, Chief Marketing Officer for the Arium project
Rated on Jan 28, 2019
5
5
3
7%

Team: Founder Jack Peterson has a PHD in Biophysics from the University of California. GUI developer Joey Krug followed in the footsteps of Vitalik Buterin as a Thiel Fellowship grant recipient, and Vitalik is actuallly an advisor to this project.

Vision: Augur is among the most visionary of all ICOs. In fact it can be said that Augur (or a similar service) is absolutely necessary to the success of the blockchain industry itself. Blockchains currently have very limited "native" knowledge. Without outside help, blockchains know facts like the current time, the number of active wallets, the trading volume, etc. But a blockchain does not yet have access to facts such as: which countries most of its users are in, whether an item purchased with its native currency was actually delivered or not, or whether the value of its currency is going up or down. Augur’s vision is to provide a decentralized means to settle matters of fact external to a given blockchain, and then unfalsifiably feed that information into that blockchain.

Product: While their vision is revolutionary and their product is absolutely indispensable, I have tested their GUI extensively and at the present moment the user interface simply doesn’t work. There are no problems navigating through the various pages and options, but whenever you click a button to interact with the blockchain, 70% of the time nothing happens. My MetaMask wallet appeared correctly, and displayed “transaction sent” messages, but the transactions were confirmed only about 30% of the time even with a high gas fee, and the unconfirmed transactions could not even be found on EtherScan.io, which means they were never even broadcast to the network. It seems like a simple problem to solve, but I still encounter this situation even after testing it for months.

In conclusion, while EOS was the most successfully executed ICO, Augur remains the most useful and visionary service, at least on paper. As it stands I give the product a 3 out of 5. If they improve the user interface I will increase this to the 5.0 that Augur truly deserves.


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0
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Pramod Emjay
Investor
Rated on Oct 24, 2017
5
5
2
2%
This rating's weight is reduced by 50% as there is no review added.
Benchy
ICO analyzer bot
3.3
71%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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