- #1735
Augur REP
REP Price
Market Cap
$6.32 MRank #1735FDV
$6.32 MRank #1876Investors
X Followers
Detailed Performance
REP shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
REP to USD Converter
Price History
- All-Time High
- $340.51592.60x to ATH
- All-Time Low
- $0.23132.48x to ATL
- Trade Launch Date
- 27 Oct, 2015
3309 days ago
Fundraising
See more- ICO Price
- $0.602
- Funds Raised
- $5.30 M
- Tokens Sold
- 8.80 M REP
Exchanges
Exchanges type
About REP
Augur is an open, global prediction market protocol that allows anyone to create a market for anything. It is powered by Ethereum, which ensures that payouts are automated and cannot be interfered with by any person or organization, including Augur itself. Augur allows users to bet on various outcomes and is like an online casino for the crypto world, offering diverse betting options with better odds for players. The Augur token, REP, is an Ethereum-based utility token used by reporters during market dispute phases.
What makes Augur unique?
Augur stands out from other cryptocurrencies due to its unique features and functionalities. Here are a few key aspects that make Augur unique:
1. Decentralized Prediction Market: Augur is a decentralized prediction market platform built on the Ethereum blockchain. It allows users to create and participate in prediction markets on a wide range of topics, including sports, politics, finance, and more. This decentralized nature ensures transparency, security, and eliminates the need for intermediaries.
2. Disruption of Traditional Betting Platforms: Augur disrupts traditional betting platforms by offering better odds and allowing users to bet on a diverse range of options. Unlike traditional platforms that limit successful bettors, Augur provides a fair and open betting environment.
3. Use of Smart Contracts: Augur utilizes smart contracts, written in solidity, to facilitate the prediction market process. These smart contracts automate the settlement of bets and ensure that outcomes are determined accurately and transparently. This eliminates the need for a central authority and reduces costs.
4. Low Trading Fees: Augur significantly reduces trading fees compared to traditional betting platforms, which often charge around 1%. The decentralized nature of Augur results in lower costs of running and lower trading fees, providing a more cost-effective betting experience.
5. Integration with Chainlink: Augur has integrated with Chainlink, a decentralized oracle network, to enhance the platform's capabilities. This integration allows users to create their own betting markets on various sports events, such as NBA, MLB, MMA, and the Olympics, as well as NFL and college football.
Overall, Augur's combination of decentralization, smart contract technology, lower fees, and diverse betting options make it a unique and innovative cryptocurrency in the prediction market space.
Live Augur Price Data
The current price of Augur (REP) is approximately $0.5746, reflecting a decrease of -0.79% in the last 24 hours. The REP trading volume in the last 24 hours stands at $157,292.00. Augur's market cap is currently $6.32 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of REP is 11.00 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Augur's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on REP, check out our crypto insights page.
Official Links
REP to USD Converter
Price History
- All-Time High
- $340.51592.60x to ATH
- All-Time Low
- $0.23132.48x to ATL
- Trade Launch Date
- 27 Oct, 2015
3309 days ago
Fundraising
See more- ICO Price
- $0.602
- Funds Raised
- $5.30 M
- Tokens Sold
- 8.80 M REP