Widening Augur Adoption
Currently Augur is planning to fully launch on Ethereum on July 9th. While this will certainly be a major milestone, getting people excited and using the platform is key to realizing Augur's vision of getting off chain events incorporated into the blockchain in the scalable and repeatable manner of crowdsourcing. In order to make it as easy as possible for people to be active reporters of the prediction markets it's critical that REPutation tokens be as easy as possible for new users to acquire and stake on event outcomes. Specifically, Augur's REPutation token needs to be available on as many exchanges as possible prior to launch. Based on recent listings of REP on Binance and Bithumb, we can assume that major crypto-marketplace supporters are taking notice of the Augur project and its potential for wide reaching impact within the crypto-ecosystem."I think the most exciting thing in the space is Augur, it's going live with its prediction market on July 9th, it will be the first big thing working on top of Ethereum, and I think it will really get people excited. REP is probably the most interesting currency right now." https://t.co/sbzMcw9WE2— Augur (@AugurProject) May 31, 2018
While the value of the REP token is a secondary concern from the fundamental value that Augur hopes to bring to the crypto-ecosystem, it's not unreasonable to assume that listing of a fairly low volume token on major exchanges suggests these exchanges expect volumes to increase dramatically with the upcoming launch of the prediction platform. Wider interest in the REP token should bode very well for its value in the upcoming months.
For more details on how Augur will work please see:
If you want to get your own REP tokens and start reporting please consider using my referral link when making your account. https://www.binance.com/?ref=22307131Want to learn more about Augur? Watch this excellent walkthrough explainer video of #Augur and #REP by @BlockWolfCrypto! #ethereum #blockchainhttps://t.co/WAb69O2DvI— Augur (@AugurProject) May 28, 2018