Augur, Ethereum's pioneering decentralized prediction market, is preparing for a relaunch after years of inactivity. Initially launched in 2018, Augur was notable for being Ethereum's first successful ICO, raising over $5 million in 2015. Despite its early promise, the platform faced challenges such as high transaction costs and a complex user interface, which hindered its growth. In March 2025, Augur announced its comeback with two new teams, Lituus Foundation and Dark Florists, spearheading the redevelopment. The revamped platform aims to function as a cross-chain decentralized truth machine, featuring a modular oracle system and exploring AMM-based prediction markets.