One of the earliest Blockchain application built on Ethereum, and once called “the uber for knowledge” by none other than Ethereum’s founder, Vitallik Buterin, Augur has launched its main-net and officially said goodbye to ERC-20 token.
On July 9th, 11:01 AM PT all the existing ERC 20 based REP tokens were frozen and were replaced by the newly minted REP tokens from the deployed main net. The ratio of the token been minted was 1:1.
The entire migration was automatic and was completed successfully. Exchanges, wallet providers, block explorers and other services that interact with REP will be updating the REP contract address over the coming days.
Augur was founded in 2014 by Jack Peterson and Joey Krug. At its founding Augur had notable people in the blockchain community such as Vitalik Buterin as their advisor. Augur had raised $5.4 Million in their ICO back in 2015. Augur is currently worth $347 Million, after reaching an all-time high of $1.1 Billion in January 2018.
Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity
Did you like the news you just read? Please leave a feedback to help us serve you better
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
Circle of Games (COG)—Web3's multi-gaming platform has raised a $1mn round from Nazara, with participation…
Unconference Bali 2024, Asia’s premier Web3 event, is poised to take center stage against the…
Tradeleaf, a leading FinTech company empowering global trade through digital solutions, recently celebrated a significant…
Foundership Global Accelerator, a prominent force in the Web3 & Emerging-Tech Community boasting over 10,000…
April 16, 2024 - Condo, the world's first real-world asset (RWA) meme token, was recently…
The Partisia Blockchain Foundation, at the forefront of crafting privacy-enhancing and interoperable blockchain platforms, today…