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Augur Project [Shared]

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Ali Alatas

on 12 August 2017

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Transcript of Augur Project [Shared]

An Introduction to
Decentralized Prediction Markets

by Jeremy Gardner
@Disruptepreneur / @AugurProject
How do we predict the future?
Crowd Wisdom?
Prediction Markets
Intrade Now.
Regulatory Hurdles
a Decentralized Solution
How Reputation (REP) Works
Opinion Polls?
Source: 2012 Presidential Election Poll results
Source: 2012 Presidential Election Poll results
No central servers
Create your own markets
Low fees
Crowdsourced reporting
Safe, automated payments
11,000 million divisible tokens (finite)

Fully distributed in 45-day crowdsale

Honest/regular reporting = reward

Dishonest/irregular reporting = loss of REP

REP = meritocratic
This has been a presentation of the Forecast Foundation

Making cheap talk expensive since 2015

@Disruptepreneur / @AugurProject
Full transcript