Venture-backed startup Veil has acquired Predictions.Global, the leading site for scrolling through data on Augur (REP) prediction markets.
Veil called Predictions.Global “the CoinMarketCap for the Augur ecosystem” in an announcement post on Medium.
— Veil (@veil) January 24, 2019
Another excerpt from the post said:
“We believe there will be a surge of new social experiences enabled by open markets — everything from websites reacting to which market positions you hold to reputation systems for curating alike markets. We’re excited to have Ryan help us design and build technology to make these experiences real and intuitive.”
Augur is a decentralized protocol on ethereum that makes it possible to create prediction markets around anything, and Predictions.Global currently lists all the open betting markets running on Augur.
For Veil’s mainnet launch earlier this month, supported markets included crypto-derivatives for BTC, REP and ZRX; bets on which film will win Best Picture at the 2019 Academy Awards; and more recently, a market for the upcoming Super Bowl.
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According to the Veil, the new peer-to-peer prediction market and derivatives platform has been built on top of Augur, 0x, and Ethereum. The platform is operated by Veil International Ltd, a Cayman Islands company, but it is not available to users in the United States, Cuba, Syria, North Korea or any area with restrictive crypto trading laws.
Veil makes it easy to buy leveraged positions on three trading pairs, BTC/USD, REP/USD, and ZRX/USD.
Users can also trade on Ethereum hedging products which provide options for fundamentals such as the GAS price and current network hashrate. In addition to Veil the new Augur app version 1.9.1 has just been released on Github.