---
title: "Augur is a New Decentralized Prediction Market For Future Forecasting"
description: "Augur is the decentralized, blockchain-based prediction market founded by Jack Peterson and set to launch a token crowdsale this spring."
date: "2015-03-11"
modified: "2015-08-13"
authors:
  - name: "Alex Klokus"
    link: "https://futurism.com/authors/alex-klokus"
url: "https://futurism.com/augur-is-a-new-decentralized-prediction-market-for-future-forecasting"
categories:
  - "Bitcoin"
  - "Blockchain"
  - "Cryptocurrency"
  - "Future Society"
tags:
  - "bitcoin"
  - "blockchain"
---

# Augur is a New Decentralized Prediction Market For Future Forecasting

![Default Futurism featured image](<https://futurism.com/wp-content/uploads/2025/10/Futurism-Filler-Image.jpg>)

- Common perceptions aside, Gardner and core developer Joey Krug are out to prove that a platform that allows participants to bet on the outcome of real-world events can be a vehicle for social good, rather than simply another outlet for digital gambling.
- In conversation with CoinDesk, Gardner and Krug sought to portray Augur as a project that plans to use decentralized public ledgers to create a way for anyone in any field, from finance, healthcare and governance, to tap into the collective forecasting power of a global user base.
- At present, there are more immediate hurdles for Augur. One of which is ensuring that the public can get behind a prediction market, especially when their rocky history has clouded public perception about what they are and what they aim to achieve.

### Author social links  
[LinkedIn](<https://www.linkedin.com/in/alexklokus>)