Augur to be Criticized as 'Assassination Markets'

Users of "decetralized totalizator" make bets on deaths of celebrities and even a terrorist acts
26 July 2018   1464

On the Internet there was a criticism of the Augur platform, which is called a "decentralized totalizator". Users express indignation over the possibility of creating bets on the death of a person, as well as the likelihood of committing terrorist acts. This is reported by Bitsonline.

One of the bitcoin developers Matt Odell in his Twitter commented on the appearance, he said, of the "market of assassins" on Augur

Matt Odell Twitter
Matt Odell Twitter

Users of the Augur platform make bets on the date of death of people such as Warren Buffett (head of Berkshire Hathaway), Jeff Bezos (head of Amazon), Betty White (American actress and TV presenter) or US Senator John McCain.

And Larry Chemak from Diar found even more controversial rates. So, users vote whether Donald Trump will be killed during his presidency, and whether there will be shooting in the US with more than 4 killed before the end of 2018.

Larry Cermak Twitter
Larry Cermak Twitter

Because if you provide financial incentives to commit crime there will likely be a tipping point at which someone cracks and feels incentivized enough. Keep in mind there are already deranged killers out there who are currently unpaid... this gives them an income source.

Jackson Palmer

Founder, Dogecoin

Representatives of The Forecast Foundation, Augur developers, emphasize that users are responsible for making predictions.

Markets on Augur are created by individual users of the Augur protocol. The Forecast Foundation does not operate or control, nor can it control, what markets and actions people perform and create on the Augur protocol. People who do create markets using the Augur protocol must ensure they’re in compliance with all their local jurisdictional laws, rules and regulations.

Forecast Foundation 

The launch of the Augur mainnet took place on July 10. Over a week the turnover of transactions exceeded $ 1.5 million.

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   1168

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”