Augur - a decentralized prediction market platform - page 29.

usukan

legendary

Activity: 1590

Merit: 1002

Quote from: loveyouforever on August 21, 2015, 12:58:40 AM

@DEV, you guys got 2.4 million dollars so far with a shit IPO website, there is NO 2 factor authentication, no captcha, if my username and password are stolen, my money will lose. It sucks, this is unacceptable! Please enhance the IPO website security!!!

Tend to agree with you actually - overall its not very professional at all.

loveyouforever

sr. member

Activity: 269

Merit: 250

@DEV, you guys got 2.4 million dollars so far with a shit IPO website, there is NO 2 factor authentication, no captcha, if my username and password are stolen, my money will lose. It sucks, this is unacceptable! Please enhance the IPO website security!!!

usukan

legendary

Activity: 1590

Merit: 1002

The details in this crowdsale are very thin - say comparing to Ethereum.

A key question would be - what timeframe do you envisage the REP being distributed - 2 months? This year? Next Year or longer?

Is the use Augur and distribution of REP tied to stages of Ethereum?

Thanks

TRilon

sr. member

Activity: 476

Merit: 250

The project is interested, in on the first day bought a little of shares

jdebunt

legendary

Activity: 1596

Merit: 1010

Well this token sale has taken off to the races.... 2,000 BTC in 10 hours...sheesh.

Xaltotun

sr. member

Activity: 371

Merit: 252

Quote from: doof on August 17, 2015, 06:04:23 PM

I really want to see this project take off. However, I spent a good afternoon trying to get the software to work on Linux or Windows, in the end i gave up.

I'm interested in this project as well and still struggling with getting a valid Ethereum address. But it appears you can create an address at their site when you login. I just may do that.

doof

hero member

Activity: 765

Merit: 503

I really want to see this project take off. However, I spent a good afternoon trying to get the software to work on Linux or Windows, in the end i gave up.

DecentralizeTonySwish

newbie

Activity: 12

Merit: 0

Wanted to just give everyone here an update of what's going on with Augur.

On Monday, August 17th we are starting our Reputation Token crowdsale at 12PM EST. We meticulously went over the options for token distribution methods and although a crowdsale was not exactly our favorite choice, it was the one necessary as the tokens need to have value in order for our decentralized oracle system to work. We wrote a a blog post going into a bit more detail about why we are using a crowdsale, I would encourage everyone to check it out http://www.augur.net/blog/why-a-crowdsale-is-necessary-for-augur-to-work-some-updates.

For those who want to participate in the crowdsale, the official website is http://sale.augur.net and it is currently up. Additionally, for instructions on how to participate and other important information, we have put all of the directions and important information up here http://www.augur.net/blog/the-augur-crowdsale.

In the crowdsale page above, we detail our prospective timeline for further Augur development, I would encourage everyone to check that out as well. Wanted to include image that highlights the important details for the crowdsale with everyone. Feel free to share this image and any information about what we are doing as it's greatly appreciated.

http://i.imgur.com/gbKWB4V.png

TRilon

sr. member

Activity: 476

Merit: 250

You can buy it on the exchange?

-Greed-

hero member

Activity: 910

Merit: 1000

Decentralized Jihad

Quote from: statdude on August 02, 2015, 04:17:02 PM

Sweet!

What other prediction markets have existed in BTC? I know a few have.

Haven't yet. But there is Truthcoin in development too.

BTCBinary

hero member

Activity: 504

Merit: 500

This is much like binary options, but even better.
I like the ideia! But I honestly don't understand how a lot of people can make a more accurate forecast than experts...

statdude

legendary

Activity: 1498

Merit: 1000

Sweet!

What other prediction markets have existed in BTC? I know a few have.

superresistant

legendary

Activity: 2142

Merit: 1131

Quote from: cryptoadoption15 on July 26, 2015, 10:43:43 PM

How is the project progressing?

Live demo available.
http://demo.augur.net/

cryptoadoption15

newbie

Activity: 37

Merit: 0

How is the project progressing?

-Greed-

hero member

Activity: 910

Merit: 1000

Decentralized Jihad

Quote from: augurproject on July 08, 2015, 07:36:57 PM

Quote from: -Greed- on July 08, 2015, 01:25:24 PM

@augurproject
The demo looks incredible! Can you tell me in brief how decision logistics work?

Sure, so basically:

1) Someone creates a market on an event and adds some initial liquidity to that market to kick it off
2) People buy and sell both outcomes, so for a question like "Will Hillary Clinton win the 2016 US Presidential election?" you can buy yes or no shares
3) You can sell your shares at any time
4) Or, if you think you chose correctly, you can hold onto them until after the event occurs
5) If you're right you'll end up getting $1/share that you bought - payouts are determined based off our oracle system explained here: http://www.augur.net/blog/what-is-reputation

So the outcome is determined by voting (REP). First I thought it was a weak point in the app but there is a nice anti-cheating system built-in.

augurproject

newbie

Activity: 8

Merit: 0

Quote from: -Greed- on July 08, 2015, 01:25:24 PM

@augurproject
The demo looks incredible! Can you tell me in brief how decision logistics work?

Sure, so basically:

1) Someone creates a market on an event and adds some initial liquidity to that market to kick it off
2) People buy and sell both outcomes, so for a question like "Will Hillary Clinton win the 2016 US Presidential election?" you can buy yes or no shares
3) You can sell your shares at any time
4) Or, if you think you chose correctly, you can hold onto them until after the event occurs
5) If you're right you'll end up getting $1/share that you bought - payouts are determined based off our oracle system explained here: http://www.augur.net/blog/what-is-reputation

-Greed-

hero member

Activity: 910

Merit: 1000

Decentralized Jihad

@augurproject
The demo looks incredible! Can you tell me in brief how decision logics work?

augurproject

newbie

Activity: 8

Merit: 0

Checkout our alpha too at http://www.augur.net/blog/the-augur-alpha-is-now-available-to-download

DecentralizeTonySwish

newbie

Activity: 12

Merit: 0

We are projecting the crowdsale to begin two weeks after the Ethereum Frontier release as of now, stay tuned to Augur.net and follow our Twitter feed www.twitter.com/augurproject for up date information on this.

The token will be used for people to report on event outcomes within the system. Essentially REP is the first decentralized oracle solution ever implemented. It allows holders to report on the outcome of events in Augur’s prediction markets, and rewards them for both honesty and regular reporting, with half of all trading fees on the platform.

In the coming weeks we will be releasing a short video and blog post that goes into more detail so keep an eye out on Augur.net.

Netnox

legendary

Activity: 2044

Merit: 1008

What is the token called for augurs crowdsale, reputation? What can you do with these token and how many will there be out there?

Topic: Augur - a decentralized prediction market platform - page 29. (Read 114308 times)