- This article was considered for deletion at Wikipedia on November 30 2019. This is a backup of Wikipedia:Augur_(software). All of its AfDs can be found at Wikipedia:Special:PrefixIndex/Wikipedia:Articles_for_deletion/Augur_(software), the first at Wikipedia:Wikipedia:Articles_for_deletion/Augur_(software).
Template:Infobox Software Augur is a decentralized prediction market platform built on the Ethereum blockchain and the first decentralized application running on Ethereum to make headlines. Augur is being developed by Forecast Foundation that was founded in 2014 by Jack Peterson and Joey Krug. Forecast Foundation is advised by Ron Bernstein, founder of now defunct company Intrade and Ethereum founder Vitalik Buterin. The founders aim Augur to be near impossible for government to regulate prediction markets. They also state that Augur is not necessarily illegal.
After a crowdfunding in August 2015, the project launched in July 2018.
Augur allows a user to create a prediction market. Augur resolves these prediction markets in two stages: a prediction market stage and an arbitration stage. In the market stage users are able to trade shares between each other, while in the arbitration stage, the markets outcome is decided. In arbitration stage fees are used to subsidize the arbitration process.  Augur uses crypto tokens called Reputation (REP) to incentivize reporters on its network to back their reports with tokens. The reputation token holders are entitled to a percentage of the trading fees generated on the platform.
Augur's user numbers dropped off sharply after launch in 2018: from 265 daily users in early July, to 37 on 8 August.
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