Augur is a Decentralized Prediction Market Platform powered by blockchain technology. Prediction markets let participants buy and sell shares tied to the result of an event. The going market price for a share reflects an estimate of how likely the event is to happen. To reach a wide audience, Augur runs on Ethereum, a decentralized blockchain network akin to the Bitcoin network. With this setup, the platform can remove counterparty risk and reliance on centralized servers, while enabling a global market through cryptocurrencies such as bitcoin.

Convert political insight into actionable predictions by trading on the results of upcoming elections, likely policy moves, and other political developments.

Protect against major risks such as natural disasters, market downturns, and geopolitical instability by placing bets on whether an event will occur.

Use crowd-sourced input to build a more dependable weather prediction system for events such as hurricane landfalls, heat waves, and daily temperature averages.

Organizations can rely on Augur to support planning and strategy by forecasting key details like total product sales and expected project completion times.