Published on August 18th, 2015 | by bitcoin0
$600,000 Passed By Augur Prediction Market in Crowdsale
For example, if 65% if the reporters disagree with you about what actually happened, then you will lose your collateral.
REP will have a total of 11 million units, all distributed proportionately to contributors and investors when the platform launches.
If, let’s say only 11 people donate 1 bitcoin each, they will each receive one million REP.
However, the sale has surpassed that mark at over 1,600 bitcoin and close to 100,000 ETH contributed so far.
ETH and BTC are the only tokens that Augur accepts directly, however investors can contribute with any other cryptocurrency they wish, thanks to their partnership with ShapeShift.