My guest today is Joey Krug. Joey is the co-founder of Augur, the co-founder of Eco, a new cryptocurrency, and the Co-Chief Investment Officer at Pantera Capital, one of the largest cryptocurrency and blockchain-focused asset managers.
Joey is the specialist for everything related to crypto and prediction markets. Augur, the decentralized betting platforms he co-founded is one of the most promising projects of recent years.
In this conversation, we cover everything related to prediction markets. We start with what Joey would like to achieve with Augur and what are the current challenges. Then we cover the question of the truth, and how prediction markets could help us find it. We mention all the other underrated areas where prediction markets could have an impact.
Please, enjoy my conversation with Joey Krug!
💬 Topics we discuss
- Prediction Markets
- Skin in the game as a service
- Augur now
- How prediction markets can help us find the truth
- Forecast by Facebook
- The future of Prediction Markets
- The technical challenges
- Robin Hanson
- Prediction market in companies
- Health Insurance
- Twitter polls are broken, why not Augur instead?
- Prediction market on the effect of climate change
- The cultural side: Gambling has a connotation, how to move from this?
- Underrapreciated applications of prediction markets
- What is Joey most excited about in crypto right now
📚 Books recommended by Joey
Crazy Good: The True Story of Dan Patch, the Most Famous Horse in America
Crazy Good: The True Story of Dan Patch, the Most Famous Horse in America [Leerhsen, Charles] on Amazon.com. *FREE* shipping on qualifying offers. Crazy Good: The True Story of Dan Patch, the Most Famous Horse in America
📝 Resources and articles we Mention in the Conversation
Corporate prediction markets: a roundup of the major players | Hacker Noon
Robin Hanson recently issued a " call to adventure ": "I turn 58 soon, and I'm starting to realize that I may not live long enough to finish many of my great life projects. So I want to try to tempt younger folks to continue them. Hence this call to adventure."
Forecast: A community for crowdsourced predictions
Make your 2020 election forecasts and find out what friends predict.
The Crypto State? | City Journal
Throughout history, world powers-Spain, the Netherlands, France, Britain-have found themselves routinely replaced by more dynamic rivals. Today, many speculate about whether the United States will cede place to China as the global superpower. What if this is the wrong way to look at the question, though-and what if we're living through a more radical transition?
The Augur Master Plan
Augur's purpose is to democratize and decentralize finance. We'll do this by enabling anyone, anywhere, at anytime in the world to create and speculate at a low cost for the first time. If Bitcoin gave us decentralized currency and Ethereum brought decentralized computation, Augur will enable a decentralized financial system.
The Augur Master Plan (Part 2)
With the upcoming launch [https://www.augur.net/blog/v2-launch/] of Augur v2, the first Augur Master Plan [https://medium.com/@AugurProject/augur-master-plan-42dda65a3e3d] from 2017 is now almost complete.
Facebook tests Forecast, an app for making predictions about world events, like COVID-19
Forecast, a new project from Facebook's internal R&D group, NPE Team, is launching today to build a community around predictions. The iOS app will allow users to ask questions and then use in-app points to make predictions about what might happen in the future. Users can also create, disc...
Winton Capital sets up climate change prediction market
One of Europe's largest hedge funds is looking to move into the gambling industry in the UK, as it sets up a new venue where players can bet on the effects of climate change.
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