What market types will be supported at the launch of Augur?

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What market types will Augur support at launch? Will it be limited to binary markets with "true" or "false" answers or will there be more resolution options available?

cowboy4life

Posted 2017-08-04T13:30:43.507

Reputation: 128

1I'm voting to close this question as off-topic because Augur markets will not be restricted to Binary markets, which means the question is based on false information. – Micah Zoltu – 2017-08-04T23:19:02.203

1Recommend changing the question to be, "What market types will be supported at launch of Augur?". This makes for a better long-term Q&A answer rather as currently phrased, which is more specific and less general. Having more general questions tends to help SEO. – Micah Zoltu – 2017-08-05T19:25:35.557

@MicahZoltu thank you for the edit suggestion. I changed the wording of the question – cowboy4life – 2017-08-05T21:56:34.280

Answers

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According to the Augur roadmap from June 2017, the initial release will include:

The ability to create markets: binary (yes/no), scalar (a range of values, i.e. how many iPhones will Apple sell in Q4, how many inches of rain will fall in x location, etc.), and categorical (will it be Trump, Hillary, Johnson, or other?), the ability to trade, and the ability to resolve markets using reporting with both backstops implemented will be in the initial launch.

Binary markets will not be the only option. As described above, more market resolution types will be available right away!

Big A

Posted 2017-08-04T13:30:43.507

Reputation: 198

1At the moment, the codebase treats binary, categorical and scalar the same, so there is no extra code/risk for any of them. – Micah Zoltu – 2017-08-04T16:35:00.320

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The format has to be yes/no to be truly successful. It's designed as another tool not a guarantee of the perfect answer. In short it won't do the thinking for the user. AI will do so much but the responsibility still is the of the questioner.

Humble Profit

Posted 2017-08-04T13:30:43.507

Reputation: 11