Categories: CryptoNews

Augur Users Wager on President Trump Getting Assassinated in 2018

Augur recently opened its prediction market to the public and it was only a matter of time until some dubious predictions appeared on the platform. One particular “proposal” seems to wonder whether or not President Trump will be assassinated in the months to come.

Augur Predictions Take a Surprising Turn

A decentralized prediction market is designed to harness the wisdom of the crowd. As such, anyone can raise a prediction on such platforms and see if others agree or disagree.

In the case of Augur, some users are taking a very different approach. For example, an unnamed individual has put up a prediction regarding the potential assassination of President Trump by the end of this year.

Not only is this a very controversial topic, it also raises a lot of questions regarding Augur’s filter protocols. If content like this is allowed to continually exist on the platform, it will only be a matter of time until the prediction market gains a bad reputation. At the same time, removing this “prediction” from the platform would be counterproductive since Augur claims to be decentralized ‘first and foremost’.

More on the Issue

Sensationalist media outlets will gladly point out how decentralized prediction markets are the new gateway for assassination contracts. This type of activity is usually associated with the darknet and other criminal fora. Augur does not facilitate users to ‘gamble’ on President Trump getting assassinated, instead, it allows for anyone in the world to make predictions and see if anyone else agrees with them. The financial incentive associated with this model does not facilitate assassinations by any stretch of imagination.

Final Thoughts

Technology has never facilitated any criminal or illegal activity by default. However, when certain people abuse a particular technology for controversial means, they often cause regulators to crack down upon an entire industry. 

Image courtesy of Shutterstock.com


Looking to advertise? We will gladly help spread the word about your project, company, or service. CryptoMode produces high quality content for cryptocurrency companies. We have provided brand exposure for dozens of companies to date, and you can be one of them. All of our clients appreciate our value/pricing ratio. Contact us if you have any questions: contact@cryptomode.com

JP Buntinx

JP Buntinx has been writing about cryptocurrency since 2012. His interest in crypto, blockchain, fintech, and finance allows him to cover a broad range of different topics.

Share
Published by
JP Buntinx

Recent Posts

Chipz Betting Platform Announces NFT Marketplace and UFC Champion Nick Diaz as Ambassador

The global gambling industry is in the midst of being completely reinvented thanks to the…

1 hour ago

XBE Finance amplifies yield on $12bn Curve and Convex Liquidity

Curve.fi and Convex finance have fundamentally changed the way Decentralised Finance yield mechanisms work by…

1 hour ago

Panther and Polygon are Taking Privacy to New Heights in DeFi

Midtown, Gibraltar, 21st September, 2021, Panther Protocol creates private scalable infrastructure for smart contract platforms,…

3 hours ago

Amasa Raises $1.5M Led by Animoca Brands to Build Micro Investment Streaming App

Sydney, Australia, 21st September, 2021, Amasa is proud to announce the successful closure of a…

3 hours ago

Portal Secures $8.5M from Coinbase, Ventures Arrington XRP Capital and Others to Build Bitcoin-Based DeFi Platform

San Francisco, United States, 21st September, 2021, Portal ,a self-hosted Layer 2 wallet and true…

4 hours ago

SHIB Price Moves Up Again As Shiba Inu Community Expands To Over 900k Followers

All cryptocurrency markets attempt to mount a comeback after the absolute carnage of yesterday. Chinese…

5 hours ago