Augur Users Down 90 Percent Since July Launch

Augur, an open source oracle and prediction market protocol built on the Ethereum blockchain, has seen a serious dip in users since it first launched in July, according to data from DappRadar.

A chart on the site's dedicated Augur page-which tracks tweets, the amount of Ethereum being traded on the app and the number of users, among other things-showed 260 users on the platform in July, and just 24 users in the past 24 hours as of writing.

That's a 90% drop in users since launch week back in July.

Augur is currently the 44th ranked ETH dApp by users.

People are building dapps on top of Augur to improve UX and it will integrate with Ox. You are not going to get mainstream adoption with people having to sync client locallly.

Since the markets are decentralized, they can't be censored or shut down by any one party.

To combat this, Augur has enabled certain users to be "Reporters" to flag darker markets as unethical, flagging them for developers.

Augur September 20, 2018.Forecasting apps that try to solve the problems of centralization and censorship facing current prediction markets still have a ways to go.

To remain decentralized, users have to sync to a local node, which takes a prohibitive amount of time in current versions of the Augur app.

Since users have to download the app, sync it to a node, buy and load ETH to their account, create markets to trade in and pay transaction fees, using something like Augur remains, for the moment, appealing to only those well-versed in cryptocurrency.