Augur is an open-source, decentralized prediction market platform built on Ethereum. The Augur protocol is a set of smart contracts that exist on the Ethereum blockchain.
Augur was founded in 2014 by Jack Peterson and Joey Krug. The first working version of Augurs alpha release was published to the Ethereum test network in June 2015. Development was funded via an online crowdsale during August and October of 2015. Four months later in March of 2016, Augurs beta release was deployed to the Ethereum test network. The project has gone through a few iterations since then, and are in the final stages of preparing for a main network launch.
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