Augur REP to Spendcoin SPND Exchange

Crypto Pair Details: REP to SPND

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.

Spendcoin SPND

Spendcoin is a decentralized cryptocurrency that powers the Spend.com ecosystem of products. Spend has two financial services products, the Spend App and Spend Card, which are products of Spend.com that give our users a multi-currency digital wallet that they are able to store fiat and digital assets/currencies. They will be able to buy, sell, store, manage, and exchange all supported currencies within the app. The Spend App is available on iOS, Android, or Web based devices. The Spend prepaid debit card allows users to send fiat based currencies loaded onto it via the Spend App anywhere that accepts MasterCard. Spend Foundation is also launching a decentralized educational platform called Blockchain University (bu.org). Blockchain University is designed to run off our open-source blockchain called Cross Ledger which incorporates a hybrid delegated proof-of-stake consensus model called Proof-of-Support. Proof-of-Support creates a learning based ecosystem that rewards those users who support and answer the knowledge base and Quora style system. Spendcoin will be the native digital currency powering the platform. Blockchain University and Cross Ledger are planned to launch in 2019.

SOURCE: COINGECKO

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