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Both Omen and Augur appear to be dead. Omen isn't online, Augur isn't available on the US but their email signup is broken and they haven't posted on social med

Both Omen and Augur appear to be dead. Omen isn't online, Augur isn't available on the US but their email signup is broken and they haven't posted on social media in a year. "Company is a fucking joke. I invested upon launch and there's still nothing usable after half a decade. Been seeing the same "roadmaps" for 5+ years. Company raises hundreds of millions and can't manage to launch a simple UX for prediction markets lmfao..." https://www.reddit.com/r/Augur/comments/mvsyf8/comment/gyu4sg5/?utm_source=share&utm_medium=web2x&context=3 https://www.reddit.com/r/Augur/comments/mvsyf8/comment/gyu4s...

glerk 4y ago
That's unfortunate to hear, I haven't followed these projects in a while. Looks like their competitor PolyMarket is now the most popular prediction market: https://polymarket.com/ https://polymarket.com/
- pirate787 4y ago
  Polymarket looks interesting but crypto/blockchain isn't necessary for prediction markets-- with Polymarket you still need a trusted entity to record whether the event happened. There are much more legitimate non-crypto prediction markets -- this new one is actually federally regulated in the US https://kalshi.com/ https://kalshi.com/
  - glerk 4y ago
    Some of these prediction contracts can be resolved using a decentralized oracle (I know this is the model Omen was trying to implement). But even if there is a trusted entity involved, a smart contract I can interact with directly using blockchain transactions is better than having to provide my picture, passport and SSN to some company that builds a database of all my trades. This problem is even worse if I move to a jurisdiction where you need to be accredited to play, or where prediction markets are illegal. For many of these financial applications, crypto/blockchain isn't strictly necessary, but it can be very useful.

glerk 4y ago

That's unfortunate to hear, I haven't followed these projects in a while. Looks like their competitor PolyMarket is now the most popular prediction market: https://polymarket.com/ https://polymarket.com/

pirate787 4y ago
Polymarket looks interesting but crypto/blockchain isn't necessary for prediction markets-- with Polymarket you still need a trusted entity to record whether the event happened. There are much more legitimate non-crypto prediction markets -- this new one is actually federally regulated in the US https://kalshi.com/ https://kalshi.com/
- glerk 4y ago
  Some of these prediction contracts can be resolved using a decentralized oracle (I know this is the model Omen was trying to implement). But even if there is a trusted entity involved, a smart contract I can interact with directly using blockchain transactions is better than having to provide my picture, passport and SSN to some company that builds a database of all my trades. This problem is even worse if I move to a jurisdiction where you need to be accredited to play, or where prediction markets are illegal. For many of these financial applications, crypto/blockchain isn't strictly necessary, but it can be very useful.