It didn’t take long for the new blockchain based service Augur to be hijacked.
The open source platform offers the possibility to bet on every kind of event to occur or not based on the Ethereum capabilities to build Smart Contracts.
Just a few days after its launch, a bet has been put on the platform : “Will Donald Trump ( President of The USA) be killed at any point during 2018”.
And what matters here is that it can quickly lead to an assassination market, as soon as sufficient people can gain money - or here tokens - if that event occurs…
This is kind of anecdotic but in fact it shows two things : first, blockchain’s purpose is to decentralize and, well, it works ! It seems really hard to put that bet outside of Augur. And even if it’s possible, as it is an open source project, anyone can fork it and rebuild it in minutes.
Second, blockchain is rather new, and it has to find its way and best use cases. It usually starts with sex / crime (human nature ?) but then goes to more mature, interesting matters and it starts to bring real value.