In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Augur (REP) and Gnosis’s (GNO) Coin Prices are close. For instance, CoinMarketCap gave Gnosis a Coin Price of $16.68 on 7 February 2020. Meanwhile, CoinMarketCap gave Augur a Coin Price of $15.96 on the same day.
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Effectively, Gnosis is a platform that lets anybody build blockchain prediction markets with a solution called Gnosis Olympia. Interestingly, Gnosis Olympia lets users bet with OLY tokens, which it describes as Olympia’s “official play money token.”
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Augur is designed to be the most ambitious blockchain predictions market yet. It intends to collect data from Political Forecasts, Event Hedging, Weather Prediction, and Company Forecasting.
Anybody can go into Augur’s Ethereum blockchain platform and create a prediction market. That’s where the weird markets about Betty White’s murder came from. A person can take odds on any event.
Sharpe plans to take prediction markets and behavior based investment to the next level with a “Global Sentiment Index” in December. The idea is to create indexes of stocks, cryptocurrencies, commodities and other investments based on market sentiment.
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