Re:What in the Ethereum application ecosystem excites me
by negamax on Tuesday December 06, 2022 @07:41AM
(#33878746)
They took a lion's share of money and Augur creator now runs an investment fund. They weren't successfully in the sense, people successfully gamed the outcome
Re:What in the Ethereum application ecosystem excites me
by spir on Tuesday December 06, 2022 @10:51AM
(#33882010)
this is true. Augur is not a success story. It's a story of mismanagement, legal "embezzlement" of tens of millions of dollars due to lack of legal safeguards, and squandering of the opportunity to build a truly great prediction market platform.
Amazing, they are an OG of the first wave of ICO token..good to see them still operating.
I've stayed out of it the last few years and just maintained a high view of the market.
It seemed obvious to me this was all going to blow up, sad about BlockFi but once I saw them ink the FTX deal I knew they were done.
Too soon for that play... The story of Crypto!