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Airbitz

706, 2016

Airbitz and Augur partner in virtual trading predictions

|7 Jun 2016|News|

San Diego based Airbitz Inc., a leading blockchain, and data security-company, recently announced a partnership with Augur, a decentralized Ethereum-based prediction market. Do you think Hillary Clinton will win the presidency in November? Here is how Augur’s market works. The purchase price of a share is $1. Time and outcome will determine the rise and fall of the share price. Augur's prediction markets provide dynamic predictive data - you can think of the current market price of any share in any market as an estimate of the probability of that outcome occurring in the real world. For example, a share trading at 64 cents has a 64% likelihood of happening.

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