Augur is raising a lot. thoughts?
https://sale.augur.net/
They are, but the Reputation tokens are over priced right now. I wouldn't buy them at these prices.
I missed the crowedsale with Ethereum because i had the same thought.
Augur is to easily replicated. It's a prediction market but Bitshares could do the same and od it better. Bitshares can't currently do what Ethereum is trying to do so Ethereum has a niche in that it's a smart contract platform.
I would not invest in an app on Ethereum. in the middle of the Ethereum bubble and hype.
I do think long term Ethereum could worth as much as $50 each, because it's better than Litecoin and it's neck and neck with Litecoin, but I don't see Augur being near release in the current form and even if they did release it, I am not convinced the amount of reputations would provide for enough jobs to pay back I would pay in.
Good idea but it depends on a monopoly early on for the people buying Rep tokens to get more money out than they got in. I've already seen several decentralized prediction markets, one of them is also on Ethereum, you have Truthcoin, and Bitshares itself will have one too.