How to mine Augur (REP) coins?

What is Augur?

• Augur is a decentralized prediction market where the wager can speculate the future outcomes.
• However, To win some tokens wager has to forecast correctly while the wrong outcome will result in the loss.
  

  Where these predictions of forecasts will be performed?

• These predictions will be performed on Augur platforms. Wagers with correct speculation will be rewarded by REP tokens.
• You can use Augur Cycle to Choose an Event
• Also, Create a Market
• To Buy and Sell Shares
• Report the outcome
• Claim your winnings
• Currencies used by AUGUR are REP and ETH
  

  Which kind of forecasts can be done with Augur?

• Political Forecasts – It will help to predict upcoming elections, potential policy decisions, and other political events.
• Weather Prediction – Predictions such as daily temperature averages, heat and landfalls will be forecasted efficiently.
• Company Forecasting – Companies will like to use Augur to forecast information such as total product sales and project completion.
• Event Hedging-  This is one of the most important forecastings which will be aware us from natural calamities, market crashes, and other geopolitical events.
  

  Benefits of using Augur

• Low trading fees.
• Also, User-created Markets.
• Also, Automated Payouts.
• Open to all.
  For Further information visit – Augur.net