Decentralized Prediction Market Augur Raises More Than Oculus Rift in 3 Days of Crowdfunding Campaign

By September 15, 2015Bitcoin Business

Photo – http://photos.prnewswire.com/prnh/20150915/266901LOGO

Prediction markets make use of the concept called the Wisdom of Crowds to arrive at market driven forecasts which feature a high degree of success. Using Augur, participants buy and sell shares in the outcomes of everything from elections to the destruction of our solar system. The current market price of a share is an estimate of the probability of an event occurring. Imagine a weather report, but for everything including […]

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