Augur is a ghost town with sight set on better future – The Block Crypto

Quick Take

  • There have been 2,150 markets created and 1,600 markets finalized so far
  • About 42% of total orders haven’t filled because of missing counter-parties
  • In the last 9 weeks, Augur’s USD volume was the same as the first week following Augur’s launch
  • Open interest is now less than 2,200 ETH (~$300,000), which is the lowest since Augur’s second week post launch

More than eight months after launch, Augur hasn’t gained much traction despite being one of the most anticipated DApps.

Having raised $5 million in 2015, Augur was the first ICO on the Ethereum platform. The project was founded by Joey Krug and Jack Peterson with Vitalik Buterin serving as a lead advisor.

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