Augur is an open-source, decentralized, peer-to-peer prediction market platform built on Ethereum.
It is a prediction market platform that rewards you for correctly predicting future real-world events.
People can make predictions about a lot of important things (politics, health, climate, agriculture, crypto...) and earn a money.
Augur promises “stunningly accurate forecasts on any topic,” while Gnosis notes that it raised US$12.5 million in 12 minutes through a cryptotoken offering through the Dutch auction process. The accent is on “decentralization,” which is the heart and soul of the blockchain (i.e., distributed ledger) technology.
Jack Peterson was on a panel about prediction markets for insurance with Ron Bernstein of AugmentPartners and Martin Köppelmen of Gnosis at the D1 conference in Cancun, right before Devcon3.
ETH team published video and wrote a great recap of the panel.
It looks like it could be an interesting investment, and also could bring u a lot of opportunities.