Augur REP to Mainframe MFT Exchange

Crypto Pair Details: REP to MFT

Augur REP

Augur is a trustless, decentralized platform for prediction markets. Augur is an Ethereum-based decentralized prediction market that leverages the wisdom of the crowds to create a search engine for the future that runs on its own token, REP. Augur allows users to create their markets for specific questions they may have and to profit from the trading buys while allowing users to buy positive or negative shares regarding the outcome of a future event. Prediction markets are markets created to trade the probability of an event happening. The market prices indicate what the crowd thinks the probability of an event happening. Predictive markets have shown to have been effective in accurately forecasting many results however it is still not widely used due to the many regulatory hurdles involved in setting up such a market. Augur aims to set up such a market in a decentralized manner. Augur is an Ethereum-based decentralized prediction market that leverages the wisdom of the crowds to create a search engine for the future that runs on its own token, REP. Augur allows users to create their markets for specific questions they may have and to profit from the trading buys while allowing users to buy positive or negative shares regarding the outcome of a future event. Augur REP is the gambling cryptocurrency. It’s the crypto token you can use to bet on sporting events, political outcomes, economies and just about everything else in the prediction markets. Online gambling is a $52 billion a year industry. At its founding the project included Intrade founder Ron Bernstein, Robin Hanson, and Ethereum founder Vitalik Buterin among its advisers. In April 2015, Augur's first contract was uploaded to the Ethereum network.The first beta version was released in March 2016. In October 2016, all the reputation tokens that were for sale during the 2015 crowdfunding campaign were distributed to their owners on the live Ethereum network and the two largest cryptocurrency exchanges, Poloniex and Kraken, added support for these tokens on their trading platforms. The project was delayed until it was launched in July 2018.

Mainframe MFT

Mainframe is the platform for decentralized applications. Resistant to censorship, surveillance, and disruption, the Mainframe network enables any application to send data, store files, manage payments, run tasks, and more. With the exception of a catastrophic asteroid event or an aggressive alien invasion, the Mainframe network is simply unstoppable. We build with five fundamental principles as our guide. The Mainframe network is the messaging layer for the new web. This goes beyond human-to-human messaging. There are many use-cases and applications for reliably, privately, and securely routing data packets through the Mainframe peer-to-peer network. Mainframe is resistant to censorship, surveillance, and disruption. With the exception of a catastrophic asteroid event or an aggressive alien invasion, the Mainframe network is simply unstoppable. We build with five fundamental principles as our guide. The Mainframe platform is a developer-friendly SDK providing all these services in a secure peer-to-peer fashion. It is designed to be modular and pluggable, so developers and users can configure which projects they prefer to use for the underlying service layers. Our mission is to delight developers by providing an SDK that is well-documented, supported and backed by strong developer communities. Because it is not always clear which projects will gain the most momentum, and because developers often have varying preferences, we feel that it is important to design our underlying service architecture to be modular and pluggable, allowing developers and users to configure which projects they prefer to use for each service layer and abstracting away as much of the differences as possible. A single medium of exchange in the form of Mainframe tokens (MFT) is also used to improve the developer and user experience. Where underlying service layers cannot be retrofitted to accept MFT, we will implement atomic swaps between native service-layer tokens and MFT.

SOURCE: COINGECKO

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