Joey Krug on Pantera’s Investment Thesis for Augur

in #bitcoin2 years ago

The link below is to a recent Chain Reaction podcast with Joey Krug.

He’s a co-founder of Augur and currently the co-CIO, Chief Investment Officer, of Pantera Capital.

Here’s the podcast link.

Some comments from Krug:

The markets for Augur are currently niche as you need to be a ETH user and be able to figure out how to use the protocol. Improvements in UI/UX will help resolve these issues and grow Augur markets. V2 will also help as it will speed up the protocol.

Krug regarding V2: You can bet on whether markets are valid or not. It’s an important signal for users of Augur; V2 adds support for DAI; markets will resolve faster, in under 36 hours at most and often under an hour ; UI and UX improvements; easier onboarding.

Krug thinks Augur can gain users by solving existing problems, like high fees or limits, in traditional markets.


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