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Topic: Augur - a decentralized prediction market platform - page 12. (Read 114404 times)

hero member
Activity: 1014
Merit: 1055
When will Augur mainnet launch?


About the platform launch:

Quote
There's about 6 weeks of iteration left on improving trading and polishing up some things on the backend surrounding security before it'll be ready for _audits_.  After that it's less predictable as who knows what those will find.  The idea is to then launch bounty programs, and then after that eventually launch with one market which is a security market "Will the funds in this market be stolen?" with the idea that there _probably_ will be / using a PM to predict security issues and provide extra incentive to find them.  Then we'll keep iterating on it and eventually launch the ability to add multiple markets with withdrawal time limits and whitelisted keys to update stuff quickly in case an issue is found.  Then slowly the training wheels would be removed (edited)

By Joey Krug

So, easy to say no sooner than 6 months up to a Year. Plenty of time to accumulate coin for the PnD when it launches, happy to wait up to a year for x5 returns.

the platform cant work on the ethereum network right now, too slow. just make your calculations.
hero member
Activity: 770
Merit: 511
Im the One who Knocks.
When will Augur mainnet launch?


About the platform launch:

Quote
There's about 6 weeks of iteration left on improving trading and polishing up some things on the backend surrounding security before it'll be ready for _audits_.  After that it's less predictable as who knows what those will find.  The idea is to then launch bounty programs, and then after that eventually launch with one market which is a security market "Will the funds in this market be stolen?" with the idea that there _probably_ will be / using a PM to predict security issues and provide extra incentive to find them.  Then we'll keep iterating on it and eventually launch the ability to add multiple markets with withdrawal time limits and whitelisted keys to update stuff quickly in case an issue is found.  Then slowly the training wheels would be removed (edited)

By Joey Krug

So, easy to say no sooner than 6 months up to a Year. Plenty of time to accumulate coin for the PnD when it launches, happy to wait up to a year for x5 returns.
legendary
Activity: 1778
Merit: 1043
#Free market
When will Augur mainnet launch?


About the platform launch:

Quote
There's about 6 weeks of iteration left on improving trading and polishing up some things on the backend surrounding security before it'll be ready for _audits_.  After that it's less predictable as who knows what those will find.  The idea is to then launch bounty programs, and then after that eventually launch with one market which is a security market "Will the funds in this market be stolen?" with the idea that there _probably_ will be / using a PM to predict security issues and provide extra incentive to find them.  Then we'll keep iterating on it and eventually launch the ability to add multiple markets with withdrawal time limits and whitelisted keys to update stuff quickly in case an issue is found.  Then slowly the training wheels would be removed (edited)

By Joey Krug
legendary
Activity: 1098
Merit: 1000
Angel investor.
When will Augur mainnet launch?
hero member
Activity: 492
Merit: 500
how much was the ICO price?
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
I don't see any value in this project at all. First how can you buy a fixed price token, that's a scam in itself. Second, you are all speculating the price of a speculation market lol. I think a prediction market is cool, but it shouldn't have its own coin, should just work like a bankroll and dice game.

That is what always happens to a coin whenever it reaches a market or an exchange...
Weaker hands will always dump for profits, and then regret for what they did...
You can't judge a project unless you know everything about it, how can you be so sure that it's a scam???
Using your right to "predict" on this??? Tongue
full member
Activity: 182
Merit: 100
I don't see any value in this project at all. First how can you buy a fixed price token, that's a scam in itself. Second, you are all speculating the price of a speculation market lol. I think a prediction market is cool, but it shouldn't have its own coin, should just work like a bankroll and dice game.

I dont know why but it is already down 100 %.
full member
Activity: 204
Merit: 100
Does anybody know / anyway to find out how much of the Ether than Augur raised in the ICO they still have left in Ether, and how much they have spent to date?

anybody?
legendary
Activity: 2156
Merit: 1131
Well done augur, all the people who invested in the ico have made a decent profit Smiley.

Unless they sold everything already, they did not make any profit.
newbie
Activity: 37
Merit: 0
Augur will attract some % of existing online gamblers. The global online gambling market is worth over $37 Billion USD per year1. How much of that market will be captured once they learn of platform that is fair, decentralized, anonymous and has lower fees? Additionally what % of the worlds 2.5 billion unbanked2 gamblers who will use this platform? This is not to mention the many other uses of the platform, for which I'm not sure how to quantify value (maybe someone here does?).

The selloff you're seeing now are ICO buyers salivating at high returns, rather than properly estimating the value of the project; at least one good way to estimate value is by looking at the possible market share capture. The ICO share price is irrelevant to the value of the project.

The project appears to have a stong team, and is led by Joey Krug, a Thiel Fellow. Their communication as far as I've seen is professional and realistic. In the distribution of their token alone, it is clear they're professional and conscientious. These indicators suggest to me that the team has a very good chance of delivering and maintaining a very solid, highly disruptive product.

Look at the current market size above, and make some conservative assumptions about what % of that market you think will be captured by this product. Look at the caliber of the team. These methods may provide a better idea of an appropriate market cap for Augur than what is currently being offered on this thread.

1https://www.statista.com/statistics/270728/market-volume-of-online-gaming-worldwide/
2 http://www.mckinsey.com/industries/financial-services/our-insights/counting-the-worlds-unbanked
legendary
Activity: 1778
Merit: 1043
#Free market
Opened a thread about augur speculation:

 - https://bitcointalksearch.org/topic/rep-augur-speculation-1638028

If you want to join there so we can keep this thread clean from the ''speculation''.
sr. member
Activity: 308
Merit: 250
I think the Price falls to 0,001. At this time you can nothing do with your REP.

YES Augur is even more biggest fuck up than ETH and is soon same as The DAO shit coin. I thought I have seen enough but coin dropping over 99% on a exchange proves that this long awaited  peace of shit is making crypto in general look bad. Honestly why people have to be so stupid and give money to these crooked companies.  I mean like many millions and a lot of time Cheesy



same shit for ICONOMI... only shit coins. One little DDOS and the Network is down.
newbie
Activity: 46
Merit: 0
I think the Price falls to 0,001. At this time you can nothing do with your REP.

YES Augur is even more biggest fuck up than ETH and is soon same as The DAO shit coin. I thought I have seen enough but coin dropping over 99% on a exchange proves that this long awaited  peace of shit is making crypto in general look bad. Honestly why people have to be so stupid and give money to these crooked companies.  I mean like many millions and a lot of time Cheesy

full member
Activity: 238
Merit: 100
I am going to check this out.
Thanks!
sr. member
Activity: 308
Merit: 250
Does anybody know / anyway to find out how much of the Ether than Augur raised in the ICO they still have left in Ether, and how much they have spent to date?

If you look at the Dollar Value you have make x20.

But if you dont bought AUGUR last year and hold your ETH you als make the same Profit.

So AUGUR is untill now nothing.
It is worthless
full member
Activity: 204
Merit: 100
Does anybody know / anyway to find out how much of the Ether than Augur raised in the ICO they still have left in Ether, and how much they have spent to date?
sr. member
Activity: 308
Merit: 250
I think the Price falls to 0,001. At this time you can nothing do with your REP.
hero member
Activity: 535
Merit: 500
I dont think the bottom is reached yet
hero member
Activity: 910
Merit: 1000
Decentralized Jihad
Buy buy buy!!! We are going to reach the moon! Don't listen to the FUD! Up up up!!!
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