Augur’s Revamped Predictions Platform Launches Next Month With a New Token

Augur’s Revamped Predictions Platform Launches Next Month With a New Token

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Blockchain predictions platform Augur is launching a new version of its protocol next month, but users will have to migrate to a new token if they want to use it.

The company the “v2” rollout has been slated for release on July 28, and will represent an entirely new deployment of the Augur core protocol on the Ethereum network.

Augur v1 will in its current form independently on Ethereum, as it has no “escape hatch or method of halting trading activity on the protocol or of the REP token,” the company said.

Augur v2 will offer a new version of the platform’s native REP token called “REPv2,” with REPs renamed “REPv1.” Current token holders are being asked to manually migrate to the new REPv2 token in order to participate in the new platform’s reporting system.

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