https://www.publish0x.com/cryptocurrency/what-augur-rep-comprehensive-guide-understanding-augur-xgvrdl
[partial quote follows] What is Augur (REP)? [A Comprehensive Guide to Understanding Augur] By Mr.CryptoWiki | cryptocurrency | 2 weeks ago Since the gambling and sports betting industry is booming year after year, there is a constant influx of new businesses trying to get a piece of the cake. This has proven true in the crypto industry as well, where dapp development platforms like EOS attribute 70 percent of their overall traffic to gambling dapps and TRON attributes 95 percent of its network activity to gambling-related dapps. Ethereum, however, is much less than this at only 2 percent, largely because the DeFi (decentralized finance) industry makes up the majority of network activity. Nevertheless, the online gambling and betting market are booming and if you apply the decentralized nature of cryptocurrencies combined with smart contract capabilities, the potential to create something truly revolutionary arises. One such project doing just that is Augur (REP) – a decentralized prediction market platform where anyone can place bets on literally anything. Bet on sporting events, political outcomes, economies, weather, natural disasters, market crashes, cryptocurrency prices, and much more. With Augur, you bet on the outcome of future events that anyone, anywhere in the world can create to get monetary prizes. The less likely an event is to occur, the bigger the reward you can earn predicting its success.[end partial quote]
