Augur is a decentralized oracle and peer to peer protocol for prediction markets. Augur is free, public, open source software, portions of which are licensed under the General Public License (GPL) and portions of which are licensed under the Massachusetts Institute of Technology (MIT) license. Augur is a set of smart contracts written in Solidity that can be deployed to the Ethereum blockchain.
Augur is a protocol, freely available for anyone to use however they please. Augur is accessible through a desktop client app, similar to interacting with an Ethereum or Bitcoin node. Users of the Augur protocol must themselves ensure that the actions they are performing are compliant with the laws in all applicable jurisdictions and must acknowledge that others’ use of the Augur protocol may not be compliant. Users of the Augur protocol do so at their own risk.
Forecast Foundation is a group of developers and technology professionals who are passionate about the potential of decentralized applications. The Forecast Foundation does not own or lead Augur, and receives no fees from the use of the protocol, but rather supports and develops the free, open-source protocol that is Augur.
The Forecast Foundation’s mission is to support the development of open-source trading protocols, oracle systems and related technologies that advance transparent, open and financially sound markets, as well as their underlying protocols and toolings.
The Forecast Foundation has no role in the operation of markets created on Augur, and does not have the ability to spend funds that are held in escrow on-contract, does not control how markets resolve or are created, does not approve or reject trades or other transactions on the network, and do not have the ability to modify, cancel, undo, or interact with orders on the network. The Forecast Foundation has no power to censor, restrict, or curate markets, orders, trades, positions or resolutions on the Augur protocol contracts. The Forecast Foundation has no more control over the Augur protocol than anyone else using Ethereum.
The Forecast Foundation is not a bank or financial institution and does not provide investment or financial advice or consulting services to users