Augur Started Distribution of REP Tokens, Kraken Ready With Trading Markets

5 Oct


It has been a bit over 1 year since Augur has finished with their crowdsale of Reputation Tokens (REP) for their decentralized prediction markets platform. Augur has already sent the Reputation Tokens (REP) to everyone that participated in the crowdsale sometime today, even though their platform is not yet live (still in beta). The prediction markets platform is expected to be ready and launched probably by the end of the year, though exact date is not yet set.

The total supply of Augur Reputation Tokens (REP) is 11,000,000 REP (eleven million). The total number of token holders at the time of distribution is apparently 2516 based on unique addresses. If you have participated in the Augur crowdsale you can check if you have received your tokens successfully already.

How to check if you received your REP tokens:
1. Open
2. In the field “Filter By Address” enter your Ethereum Wallet Address
3. You need to use the ETH Wallet address that you set in the Augur crowdsale
4. There should be a transaction and you need to check if the Value (REP) is the right one
5. Do note that if you have not participated in the crowdsale last year no REP tokens will be shown

The Augur REP tokens however will be available for trading on exchanges even before the official launch of the platform and there are already announcements from exchanges that they will be supporting REP token trading. The first exchange to announce Augur REP token support is apparently Kraken. The exchange is introducing the following trading pairs for Augur Reputation Tokens (REP): REP/XBT, REP/ETH, REP/EUR, REP/USD, REP/CAD and REP/JPY, though we are probably also going to soon see more exchanges. If you have missed the crowdsale of REP tokens last year now could be your chance to get some by trading them on exchanges. The expectations from the Augur platform are pretty high already, and the amount of money that users invested in the project during the crowdsale phase was tremendous…

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