The prediction market Augur was the first decentralized application (DApp) launched on the Ethereum blockchain. Augur enables users to create and trade predictions on various events. It operates on a decentralized platform, allowing the community to determine market outcomes based on real-world events. This innovation represents a significant development in the use of blockchain technology for creating decentralized applications. DApps like Augur expand the possibilities for users by providing platforms for trading information and forecasting future events.
