The crypto market rn splits with 80% locked into Bitcoin’s heavy dominance while the remaining 20% fuels all those spicy altcoins out there 🌑. This vibe’s bound to flip over time with alts claiming way more ground. Last year popped off huge for alts packed with fresh projects and wild fundraising rounds in degen spaces like decentralized social nets and swaps.
The Augur Token Presale Frenzy 💸
A year back this fresh project called Augur dropped as an altcoin bringing prediction markets onto a fully decentralized network 🖤. It sets up that perfect creepy space to stack future profits straight from your sharp calls.
The presale kicked off on August 17th 2015 and ran for around 1.5 months. They pulled in an insane 5 million USD back then on the first day alone it grabbed 2000 Bitcoins worth 500,000$ at the time while today those same 2000 BTC hit around 1,200,000$. The whole point was funding the platform and handing out Augur’s REP tokens to early degen investors. The token name is Reputation or REP with 11 million created during that round.
Augur: This Sick Prediction Powerhouse 👁️
Let’s kick things off with a quick intro vid. Augur runs built on the Ethereum chain as a full DAPP. The crew of seven devs with Joey Craig leading the charge aims to nail down the real odds on future events. Joey even scored a 100,000$ prize from the IEL foundation for his tech magic. Two brains always beat one so the more predictions the sharper the calls get in finance tech politics and beyond. Augur wants to be that global forecasting beast where the crowd’s wisdom makes markets way more accurate than any lone expert or poll.
What’s Next for Augur? 🚀
The beta’s live now so after a quick sign up you can play around with test tokens.
REP token distribution hits on September 9th when trading kicks off on big exchanges. Joey thinks the full product drops by end of year. We got that epic interview from August 2016 on Epicenter Bitcoin too. Good luck to the whole Augur squad and all the investors riding this wave 🕸️ 💀.
Just another echo from the void by iconofsin.eth 💖
