Augur is a prediction market platform that rewards you for correctly predicting future real-world events.
- Predict the outcome of real-world events.
- Earn real-money trading profits.
- Stunningly accurate forecasts on any topic.
The main feature of Augur is decentralization. It gives Augur a unique edge over other prediction markets:
- No central servers
- Create your own markets
- Low fees
- Crowdsourced reporting
- Safe, automated payments
What is Reputation ($REP)?
Reputation is the token behind Augur, and can be thought of as the “score” of an individual participant within Augur. Reputation is not an investment, but rather a tool necessary to make Augur work. Reputation tokens are limited to a fixed supply of 11,000,000, of which 80% was sold in our public token sale last year for a collective ~$5,300,000.
What are the benefits of owning $REP?
By owning Reputation and participating in the accurate reporting on the outcomes of events, you are entitled to a portion of Augurs market fees. Each Reputation token entitles you to 1 / 22,000,000 of Augurs total market fees.