Augur is a decentralised oracle and prediction market platform built on the Ethereum blockchain. It was launched in 2015 by Jack Peterson and Joey Krug. Augur leverages the wisdom of the crowd to create accurate forecasts for future events, providing a platform for users to create and trade shares in predictions of real-world events, ranging from sports and politics to economics and more. The native token, REP (Reputation), is utilised by reporters who verify event outcomes, ensuring accuracy and providing incentives for honest reporting. Augur's decentralised nature ensures transparency, security, and resistance to censorship, differentiating it from traditional betting platforms. By effectively harnessing decentralised consensus, Augur empowers users to hedge risks, gather data-driven insights, and engage in peer-to-peer prediction markets without intermediary intervention.