In an October 6 webinar, Pantera Capital disclosed that their Digital Asset Fund intends to invest more heavily into DeFi assets than the rest of the market. Pantera’s co-chief investment officer, Joey Krug said that unlike other funds that allocate most of their portfolios to stores of value like Bitcoin (BTC), his company is prepared to place its primary bet on DeFi: “And so if you look at portfolio construction, we can see that relative to the market, we're taking a different bet with the Digital Asset Fund. Most of the market is basically payments and store of value. So …
Augur, the decentralized prediction market, launched its alpha version on Tuesday. Augur alpha Augur users can wager on the future — whether on the outcome of a soccer match or on an election. If they guess correctly, they win money, if they don’t they lose. By aggregating these bets in advance of an outcome, the idea is that users can make accurate predictions about the future, by tapping diverse opinions. Lead Developer Joey Krug said: “This is the culmination of eight months of work since we started writing Augur, and we're glad to finally release something people can play around …