Augur is a trust-less, decentralized oracle and prediction market platform. It is built on the Ethereum network, where you can wage the outcome of future events to earn a reward. It . Using Augur, people will have the ability to trade in prediction markets at very low cost. The only significant expenses participants assume is compensation to market creators and to users that report on the outcomes of markets once the event has taken place. The result is a prediction market where trust requirements, friction, and fees will be as low as competitive market forces can drive them.