Augur is a blockchain based predictions market which provides powerful predictive forecasts. Users trade digital assets on prediction markets which reflect the probability of an outcome actually occurring in the real world.

• Augur relies on the “Wisdom of the Crowd” which states that average predictions made by a large pool of people are more likely to occur than that made by select individuals
• Augur utilises real-time predictive data, traded using real money which leads to market participants backing what will think will happen rather than what they hope will happen

Prediction markets have proven their worth in accurately predicting outcomes when compared to individual experts, surveys or traditional polls. Augur hopes to make prediction markets more accessible by linking them to digital assets.