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Augur rep
$0.644-6.53 %
Description of the coin
Augur is a prediction market platform launched in 2014 on the Ethereum blockchain. The platform wants to replace the centralized prediction services with the ones powered by blockchain technology. On Augur, anybody can create a market on any event. Users can purchase shares on the outcomes of these events. REP is an ERC-20 token that helps in ensuring unbiased reporting of the results. Reporters bet REP on their reporting, the accurate ones will be awarded and the inaccurate ones will be losing the REP.

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