Heres the translation in English, preserving the HTML format:
```html
Bugu is a community-based digital asset valuation platform that allows individuals and organizations to evaluate digital asset events. Through the Bugu network, the outcomes of events can be accurately discovered via voting and discussions within the community. The results are validated and made transparent using blockchain technology. Bugu combines several concepts from the blockchain domain, including smart contracts, prediction markets, the basic attention model, and reserve funds. At its core, Bugu features its proactive reward model CIRM, incentivizing users to make high-quality predictions by utilizing Bugu tokens.
The first iteration of Bugu will serve as an effective valuation tool, providing valuable pricing data. As more and more predictions take place, Bugu will evolve into an increasingly efficient market for valuing digital assets.
```
Note: Ive kept the `
` tag for a line break after the first paragraph to match the original structure. However, its not necessary in this context since theres already a paragraph break. If you prefer to remove it, you can do so without affecting the meaning or formatting of the text.
