Blockchain Prediction Platform Augur Launches V2 on July 28

Blockchain-powered event betting company Augur says that users of its REP cryptocurrency need to migrate their tokens once a new version of the platform is available starting July 28. In addition, the company said the release of Augur v2 would require all REP token holders to participate in any forking, should it occur.

The platform’s native REP token — now REPv1 — ranks 44th by market cap and is trading at $16.77. Augur is a predictions market that uses smart contracts to let users create and bet on the outcome of any event using ETH.

Timeline of Augur, Ethereum