Augur is live! Here's how to make a market

in augur •  6 years ago 

Augur, a decentralized prediction market on the Ethereum blockchain, allows anyone to create a prediction market.

Want to bet on the World Cup? How about whether the next Supreme Court nominee will pass Congressional scrutiny? Augur is where you can do it.

I put together a short video that will give you an idea on how it works. Take a look and feel free to ask questions in the comments below.

-Jeff

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  ·  6 years ago (edited)

I would very much like to make a multiple choice one for which ERC-20 token will be listed on Coinbase first. I want to make the longshot bet for Dai, but I only want to bet like $10 so I'm not sure if it would be worth it.

I think my options would be something like:

  • Augur
  • Basic Attention Token
  • Waltonchain
  • OmiseGo
  • Ark
  • Power Ledger
  • TenX
  • Icon
  • Civic
  • SALT
  • EthLend
  • Golem
  • DigixDAO
  • Maker
  • Dai
  • Other
  • None (expires in one year)

I suppose it would be smart to add others that have a mainnet like eos, tron, vechain, and dragonchain just to get some more suckers in there.

... what do you think? Would people want to bet on this?

There's only one way to find out!

I think it's a great idea. But maybe limit it to four tokens and "other"?

yeah i got a little carried away.

I can see MKR/DAI being picked up in the next year.

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Sounds like I might need to give it a try. Would be interesting to see how accurate you could be, and how long the odds will get on some of the options.

The more liquidity there is, the more accurate it should be.

So early on there should be some great opportunities to find mismatched odds.

Much appreciated! It's very exciting to see such a big project come to life on the Ethereum blockchain, especially considering how many ERC-20 tokens are dubbed "shitcoins".