What is Augur? Decentralized Gambling Simply Explained

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Augur is a protocol that allows users to create their own prediction markets. The Augur protocol rewards users for correctly predicting future events. Prediction markets allow users to buy & sell shares in the outcome of any upcoming event. In simple terms, this means anyone can create their own bet (on anything) and let anyone in the world bet on it.

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What is Augur? Decentralized Gambling Simply Explained | Ecency