The Record-Breaking $152 Million Battle Over Blockchain Betting Tool Augur

in #augur • 6 years ago

Three years ago, Augur, a prediction market system that runs on the ethereum blockchain, held one of the first initial coin offerings (ICOs), long before the funding mechanism gained mainstream momentum.

Between August 7 and September 5, 2015, the project issued 8.8 million reputation (REP) tokens from a maximum circulating supply of 11 million tokens, each priced below $0.60, to raise over $5 million for the project.

Read More Here: https://www.coindesk.com/record-152-million-lawsuit-ensnares-blockchain-project-augur/

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#blockchain #predictionmarket #ico
6 years ago in #augur by
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