How is Augur compared to Status “What should I choose?” Is REP better than SNT?
Augur combines the magic of prediction markets with the power of a decentralized network to build a stunningly precise forecasting tool. Augur can be used for placing bets on the outcome of events by casting votes using REP.
Status is a mobile operating system that will completely change the way the world interacts with the Ethereum network. Status is trying to bridge the gap between different blockchain-based decentralized apps (DApps) so that only one gateway (the Status wallet) is a user needs to access everything on the Ethereum network.
Augur (REP) Vs. Status (SNT) Price Prediction
Augur is an Ethereum-based decentralized forecast market that leverages the wisdom of the crowds to build a search engine for the future that works on its token, REP. It launched in 2015 shortly after the public release of Ethereum; It aims to build a ‘world-changing forecasting tool’ in which users collectively vote on the prediction of the result of a regular event. Users whose votes turn out to be correct are rewarded in the denomination of REP tokens.
As a platform for forecast markets, Augur can be used as:
- Collecting rewards for providing the correct outcomes of events
- Discovering solutions to problems via crowdsourcing
Status is an open source, decentralized, peer to peer network formed on top of Ethereum network which intends to make Smart Contracts usable in real-life and also allows a mobile wallet to promote Ethereum-based transactions. Status Coin is the cryptocurrency of the dApp program of Status. Status Coin is a platform based on the Ethereum blockchain.
- Status is built entirely using the Ethereum blockchain network which is versatile, proves, tried & tested system, adopted by millions of users.
- Ethereum based blockchain transactions are safe, secure and lightning fast. The sales are processed in seconds, and the confirmation is received within a few seconds as well.
Augur Price Prediction: REP to go up to $42.392!
Lead developer Jack Peterson founded augur in 2014, the concept for Augur started out of the desire to practice blockchain technology to the newly-formed field of predictive markets. Then College Cryptocurrency Network director Jeremy Gardner & core developer Joey Krug soon joined the project. The funds for Augur development were raised in an Ethereum-backed ICO period. Augur is first crowdsourced token projects hosted on the Ethereum platform, making their ICO before the term was synonymous with blockchain product development.
REP can be a profitable investment option. Augur price equal to 24.224 USD at 2018-04-10. If you buy Augur for 100 dollars today, you will get a total of 4.128 REP. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-04-06 is 226.060 US Dollars. With a 5-year investment, the revenue is expected to be around +833.22%. Your current $100 investment may be up to $933.22 in 2022. Augur (REP) price today is $24.224 and have the current supply of 11,000,000 REP. The market cap value is $265,421,200, and the volume is marked as $3,521,880.
Status Price Prediction: SNT to go up to $0.151725!
Jarrad and Carl, are the co-founders of the Status, who have worked together for six years on several projects. The bulk of the operators are engineers concentrated on the core development of the program and as well the creation of decentralized applications. The rest of the team manages business operations such as community management, marketing, and legal compliance. The Status Coin has an entire market capitalization of 98-135 million US dollars, of which 2-7 million US dollars are traded every day.
SNT can be a profitable investment option. Status price equal to 0.0867 USD at 2018-04-10. If you buy Status for 100 dollars today, you will get a total of 1153.72 SNT. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-04-06 is 1.809 US Dollars. With a 5-year investment, the revenue is expected to be around +1987.98%. Your current $100 investment may be up to $2087.98 in 2022. Status (SNT) price today is $0.0867 and have the current supply of 3,470,483,788 SNT. The market cap value is $300,949,943, and the volume is marked as $22,665,400.