REP Augur Prices, Charts and Graphs | Coinread
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AugurREP#156

$24.34
-2.04% (-$0.507, 24H)
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  • Market Cap$267,737,942
  • Volume (24H)$21,715,987
  • Circulating Supply11,000,000
  • Max Supply
  • High (24H)$25.20
  • Low (24H)$23.79
  • Change (1H)0.78%
  • Change (7D)-26%
  • Change (1M)59.22%
  • Change (1Y)18.57%

Operated by holders of the Ethereum Reputation token, Augur (REP) was launched in 2018 and seeks to draw on crowd wisdom through prediction markets. On its platform, users can bet on any number of things – ‘sports, politics, finance and more’ – by purchasing shares depending on their predicted outcome. Unlike conventional betting, the user-created markets can return fees to participants and automate payouts with completely decentralised software. With DAI pegged to the US Dollar, the community takes comfort in currency stability – even if they’re using it to wager something unforeseeable. Bets aren’t capped on frequency or amount, and transaction fees are minimal at around 1%.

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