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Augur is a ghost town with sight set on better future

by Larry Cermak

March 22, 2019, 12:59PM EDT  ·  4 min read

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

by Larry Cermak

March 22, 2019, 12:59PM EDT  ·  4 min read

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.