Photo by Chester Alvarez on Unsplash

by Cyprien Grau and Vasily Sumanov

Token Engineering is an emerging field that aims at designing and building resilient cryptoeconomic systems. In order to analyze our own discipline, we need to build the methodology, tools and standards that will allow us to structure and assess any token-based project. We decided to start building this body of knowledge by providing Token Engineering Reviews, which we hoped would give us some fresh insights on token models and provide value for the whole community.

The first stop was to actually design the Token Engineering Review as an assessment process, because any imprecision or…


Highlights

  • Interesting market with high potential, but lack of active users
  • Solving a big issue with a bad UX and worrying mechanism design flaws
  • No break-through technology and a convoluted resolution process
  • Currently way overvalued on the fundamental side
  • Augur V2 (to be released in September) might solve some of the issues of the model, but will liquidity and participation rate increase?

Business Description

Augur is the largest fully decentralized and open-source prediction market platform built on top of the Ethereum blockchain. It was founded in 2014 by Jack Peterson and Joey (Joseph) Krug. Augur’s ICO in 2015 allowed the organization to raise…

Cyprien

cofounder · product x crypto Beem 🍿 // token engineering 🛠 // ultrarunning 🏔

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