Long essay where Joey Krug of Pantera/Augur outlines their investment thesis which is interestingly all about open finance: "The killer apps from the decentralized/parallel financial system use cases are already live. They work, they’re just slow and expensive."
After being live on testnet since September last year, Veil is ready for mainnet next week (same day as Grin coincidentally, or purposely).
This is a big moment for Augur, as it gets a consumer grade front end that takes away most of the UX frictions of interacting with the default Augur app and enriches the experience with additional features (like the option to settle immediately instead of waiting for Augur reporting). This also shows the power of Ethereum modularity, with smart contracts from Augur and 0x together enabling a new user experience (while unlocking a potentially lucrative business opportunity).
Interestingly one of the first live markets will be on Grin's price and hashrate, so the many who are invested in mining operations will have an opportunity to hedge themselves.
Veil also announced their Seed round, led by Paradigm and participated by Sequoia and 1confirmation.
(Disclaimer: we are personal LPs in 1confirmation).