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Reputation

#872
REP
$1.1090
24h-0.63%
7d+10.36%
30d+21.09%

Reputation Price Performance

Low
High
$1.0848
$1.1351

Reputation Key Metrics

Market cap
$3.14M
FDV
$3.16M
Volume (24h)
$14.43K
Vol/Mkt Cap (24h)
0.00%
Total supply
2.83M REP
Circulating supply
2.83M REP

REP to USD Converter

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Resources

Website
WebsiteWhitepaperBlog
Socials
@AugurProjectr/AugurFacebookbitcointalk.org

Information

Repositories
AugurProject/turboAugurProject/docsAugurProject/augur-coreAugurProject/augur
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Reputation Overview

24h High
$1.14
24h Low
$1.08
24h Change
-0.63%
7d Change
+10.36%
30d Change
+21.09%
Volume 24h
$14.43K
Market Cap
$3.16M
Circulating Supply
2.83M REP

Reputation News

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About Reputation

Augur (REP) is a decentralized prediction market platform built on the Ethereum blockchain, allowing users to create and participate in markets predicting outcomes in various fields. It was created by Jack Peterson and Joey Krug, with contributions from Ethereum co-founder Vitalik Buterin. The native token, $REP (Reputation), is used for reporting and disputing outcomes in these markets, with holders staking their tokens on reported outcomes. Accurate reporting is rewarded, while false reporting risks losing staked REP. Additionally, $REP holders can engage in the governance of Augur, influencing its development and protocol changes. Augur leverages blockchain to create a trustless, transparent prediction market, decentralizing and democratizing this space.

The Reputation (REP) token was designed to enable the following functions within the first version of Augur:

  • Reporting Event Outcomes: REP holders are responsible for reporting the outcomes of prediction markets. If they report accurately, they are rewarded with fees collected from the platform. Dishonest or incorrect reporting may lead to penalties, such as the forfeiture of REP.

  • Dispute Resolution: In cases where event outcomes are contested, REP holders can stake their tokens to challenge or validate these outcomes. This dispute-resolution process ensures that the system remains accurate and resistant to manipulation.

  • Staking for Market Creation: While not always required for participation, REP was sometimes used as collateral to create markets in order to establish user commitment and discourage malicious actors.

Augur was created by Jack Peterson and Joey Krug. The project also had early contributions from Ethereum co-founder Vitalik Buterin. Augur was one of the earliest projects built on the Ethereum network and has been notable for its innovative use of blockchain technology to decentralize and democratize the prediction market space.

Reputation Markets

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Reputation Platforms

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Reputation Market Data

The live Reputation price today is $1.11 USD with a 24-hour trading volume of $14,427.11 USD. We update our REP to USD price in real-time. Reputation is down 0.63% in the last 24 hours.

The current market cap is $3,158,993.56 USD, ranking #872 by market capitalization. The circulating supply is 2,833,996 REP.