Augur

“So we actually for the most part, our payroll is just in, in US dollars. ... But the well, we, so we raised money in cryptocurrency and have, you know, converted some of it to US dollars for payroll.”

“We raised 5.3 million dollars. In August and September of 2015. ... It was 5.3 million in crypto. 5.3 million dollars equivalent in crypto.”

“We don't, we're not actually involved in converting US dollars to anything else. We're, we don't get involved with money transmission or anything like that. We don't distribute ether either.”

“Augur will have little plugins like that. There'll be one for shapeshifts and one for Coinbase.”

“Basically, there, it's, you, Pete, if you have REP, you have a stake in the system, not in the sense of having a stake in the profits from the system, but in helping to resolve markets on the system after you know, the market's complete.”

“The people in the market set the price. So you're actually, you're not trading like with Augur. You're trading with other participants in the market. Normally the person who initially creates the market will set up an order book, right? So they'll have initial…”