Assassination Markets for Jeff Bezos, Betty White, and Donald Trump Are On the Blockchain

Assassination Markets for Jeff Bezos, Betty White, and Donald Trump Are On the Blockchain

5 years ago
Anonymous $RBasgWKaIV

https://motherboard.vice.com/en_us/article/gy35mx/ethereum-assassination-market-augur

Earlier this month, the non-profit Forecast Foundation launched its Augur protocol on the Ethereum network in a bid to create the first blockchain-based betting platform. Now, Augur is hosting several wagers where users bet on when a public figure will die, with a pot of digital money going to whoever makes the correct guess. This type of betting is referred to as an “assassination market” because it arguably incentivizes someone to guarantee a win by offing the person themselves.

On the Augur marketplace, Motherboard found open bets on the deaths of a number of public figures, including Betty White, Donald Trump, Jeff Bezos and Warren Buffett. Other events were also bet on as well, such as whether SpaceX will complete a crewed flight beyond Earth orbit this year. Most of these betting pools had few or no bets on the books at the time of writing, but some betting pools, including one predicting Donald Trump’s death this year, had dozens of trades.