ShapeShift Will Now Support Prediction Market Token REP

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The cryptocurrency asset exchange ShapeShift.io has announced it will integrate the Augur Reputation (REP) token. Now customers around the world can purchase and sell the first “oracle” cryptocurrency.

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ShapeShift.io Will Now Support Augur’s REP Tokens

nzl1phud_400x400On October 12, ShapeShift revealed it will support decentralized prediction market Augur’s native token. Popular exchanges and the wallet Jaxx also just added the cryptocurrency. ShapeShift users can swap their existing tokens for REP, or trade it for dozens of blockchain assets on the platform.

The REP token is the first decentralized “oracle” solution — meaning it can help users predict outcomes on the Augur platform. This includes nearly anything someone wants to predict, from elections to sports games and more. Augur says each REP is 1/22-millionth of all market trading fees. In turn, these will keep prediction reporting faithful.

ShapeShift

Read more ... source: TheBitcoinNews

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