Predict the next election, short a cryptocurrency, or hedge against disaster.
Turn political knowledge into predictive power by trading on the outcome of upcoming elections, potential policy decisions, and other political events.
Hedge against catastrophic events like natural disasters, market crashes, and geopolitical upheaval by betting that the event will occur.
Harness the power of crowds to create a more accurate weather prediction tool for events like hurricane landfalls, heat waves, and daily temperature averages.
Companies can use Augur to guide decision making by forecasting vital information such as total product sales and project completion times.
Choose an event to predict. Anything is fair game, from the next presidential election to the success of a company’s product.
Check the list of open markets to see if a market already exists for your event. If not, create one.[1]
Trade on the outcome of your event by buying and selling shares in its market. Buy shares to go long on an outcome, or sell shares to short it.
Report the winning outcome of the event after it occurs. Other users can dispute your report if they don't agree.
Users who hold shares of the winning outcomes are paid out from the market contract when the market is resolved.
Trading on the Augur protocol is done with Ethereum. As one of the most widely-used cryptocurrencies, Ethereum helps make trading on Augur accessible to all.
Augur's Reputation token is used for reporting and disputing the outcome of events. Reporters are rewarded for reporting correctly.
Augur is built from the ground up to be owned and operated by the people that use it. This is a technical reality enabled by the Ethereum blockchain and open source software.
Augur is built on top of the Ethereum blockchain. Decentralized technology means decentralized control: no one person can single-handedly change Augur or shut it down.
The code is in the hands of the users. Anyone can read the code that runs Augur or copy the code to create a new version that suits their needs.
Trading fees go directly to market creators and reporters. There's no third party making money from your trades.
There are no limits on what markets can be created. If you want to trade on it, a market can be created for it. [1]
Get paid as soon as a market's winning outcome is declared. Payments are automated and transparent.
Augur is a permissionless protocol. Anyone, anywhere in the world can participate.
The Augur community discusses design and development daily on Discord. Community members are always welcome to join with questions and feedback.
Find us on Discord
