Augur is a forecast market based on Ethereum blockchain. It provides forecasting results of various events based on the principle of the wisdom of the crowd. The wisdom of the crowd principle is a large group of aggregated answers that are better to the answers by other individuals in the group. Augur enables a user to ask a particular question regarding the future event and to purchase and sell negative and positive shares about this event outcome. Market creators will get an Augur coin (REP) support from the fees required to buy shares. Cryptoknowmics is the ultimate destination to find the latest Augur news. Stay tuned to our site and keep yourself up to date with Rep Coin News.