Open bid volume in Augur’s network has surpassed $2,5 mln during midterms in USA

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2 weeks ago
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Open bid volume on the platform for the creation of one rank market of predictions Augur has reached a record $2,5 mln. The reason is a surge of user activity due to midterm elections to Congress in the USA on November 6th.

According to Predictions.Global tracker data, users made bids on the probability of which party will receive the majority in The House of Representatives and the Senate.

Judging by preliminary results, Augur markets’ users made a correct prediction of events, as it is confirmed that the Democratic party will receive the majority in the House of Representatives and Republican Party will hold the majority in the Senate.

Previously Augur was criticized for the creation of “killer for hire” market due to users making bids on the death of a whole bunch of famous people as well as the probability of terroristic acts.