Augur Weekly Report — November 14th

Development Update

This week, The Forecast Foundation is meeting up in Las Vegas to discuss:

— UI grievances
 — Reporter guidelines
 — Whether to add time-based fees in version 2 of Augur
 — REP price feed options
 — Augur version 2 work 
— Bookie SDK for Augur 
— Augur Node refactor
 — Augur.js refactor
 — Creating an Augur development blog

The team has also been fixing several syncing issues, as well as finishing up some UI code refactoring and mobile UI cleanup.

Augur Metrics:

Markets: 1,471

Open Interest: $2,413,315.50 USD (13,401 ETH)

CASH Contract: $2,521,985.31 USD (14,004 ETH)

ETH Price: $180.08

Circle Research on Prediction Markets

Circle’s research arm put out an in-depth piece on the history, current state, and future of prediction markets. It discusses, amongst other topics, the relative advantages between centralized and decentralized systems and, naturally, Augur is heavily featured.

Ariana Grande Trending Up

One of the coolest uses of Augur is PdotIndex, a basket of markets pertaining to the success of public individuals. The current indexes include Lebron James, Donald Trump, and Ariana Grande. Grande’s stock in particular has risen 25% in the past month. PdotIndex tells you why here:

To start, Ariana Grande’s Sweetener album continues to dominate the charts. The album has three songs in Spotify’s Global Top 200 (‘God is a woman’, ‘breathin’, and ‘no tears left to cry’) with each of these songs getting more than a million daily streams.
On the heels of this success, Ariana Grande surprised her fans by dropping a new single ‘thank u, next’ just weeks after her fourth studio album’s release. This break up track hit number 1 on the Billboard Hot 100, marking the first number 1 debut for Ariana and the first number 1 for a woman since Adele released ‘Hello’ three years ago.
With all of this excitement, Ariana’s Instagram following has been exploding. She has been consistently adding 100K+ followers each day, which puts her on pace to hit the 140 million mark before the end of the year.

Community Videos

Proof Suite put out a video exploring and reviewing Augur several months after launch:

Crypto Daily chronicled the election markets on Augur:

Reminder, the Forecast Foundation has no role in the operation of markets, trades or actions created or performed on the Augur protocol, nor does it have the ability to censor, restrict, control, modify, change, revoke, terminate or make any changes to markets created on the Augur protocol. The Forecast Foundation has no more control over the Augur protocol than anyone else using Ethereum.

Thus, we do not seek to advise others on how to use the protocol. We encourage those in the community that are well educated on Augur to pay it forward and share their ideas for best practices, tips, fixes and etc with the larger community via Twitter, Reddit, Discord, Github and other community channels. For more information regarding the role of the Forecast Foundation, checkout the FAQ.


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