There’s Less than $100k at Stake on Ethereum Gambling DApp Augur

Author : Sunil Kumar   1 week ago   ethtipc 11  ethxrtcoin 11  doge 21 

Tetras Capital Founding Partner Alex Sunnarborg has revealed that decentralised gambling platform Augur is suffering from the same lack of volume that continues to plague the decentralized application (dApp) ecosystem at large. Reacting to the platform’s weekly report released on January 9, Sunnarborg stated that the total volume of active markets on Augur is, in fact, less than $100,000. In the report, Augur placed the total value of bets placed on the platform at $2,040,934.63 (13,451 ETH). This value was achieved across a total of 1,724 markets. Writing on Twitter, however, Sunnarborg tore into this valuation, stating that it includes already concluded bets which when removed present a different picture of the platform’s adoption.

Please login to leave a comment.

0 Magical Oatmeal 1 week ago

I met the founder of Augur once he\'s a cool guy.