What is Augur?

[grofee]

Augur is a decentralized, trustless oracle and prediction market platform built on top of the Ethereum Blockchain. It is also the first major decentralized application (dApp) developed using Ethereum, making it a major proof of concept for this technology. Augur was created to enable crypto users to leverage the "wisdom of the crowd" and predict the outcome of any future event, such as an election, a successful SpaceX launch, or the World Cup winner.