Bitcoin Forum

Wagerr: the sports betting blockchain

Wagerr (WGR), a fully decentralized sports betting blockchain, announces its Initial Coin Offering. The ICO runs June 1st-June 25th.

Wagerr taps into the massive worldwide sports betting market by offering a better, more secure way to bet. Smart blockchain technology forges betting contracts, validates sporting event outcomes, and automates payouts.

The Wagerr system is decentralized and self regulating. These qualities allow Wagerr to deliver secure, private, and safe sports betting to the entire world.

No more worries about changing regulations or crooked bookmakers. Say goodbye to risk and regulation, and say hello to Wagerr, an asset optimized to grow in value as the Wagerr economy absorbs pent up demand for secure, trustless betting.

Since the Wagerr system is significantly superior to traditional sportsbooks, we expect broad adoption. And through a mechanism called “Value Coupling,” betting activity over the Wagerr network is a deflationary engine that drives the value of the Wagerr token.

Here's how value coupling links usage of the Wagerr network to the price of the Wagerr coin:

Y’know how they say, “The House always wins?” That’s because bookkeepers bet on a sure thing: fees. Wagerr charges a modest fee for the service, just like traditional bookkeepers. But unlike mainstream bookkeepers, the Wagerr blockchain actually destroys about half of every fee. Since this reduces the coin supply, increased adoption of Wagerr as the sports betting blockchain gradually drives up the market value of Wagerr. What's good for bettors is great for investors; it's a simple matter of supply and demand.

Thanks to Value Coupling, anyone who holds Wagerr potentially benefits from this “house advantage,” because burning fees is the mechanism which drives a deflationary economy — meaning that the Wagerr token grows in purchasing power over time.

Larger scale investors have an additional opportunity to earn returns by operating Oracle Masternodes, which function as consensus agents — forging all betting contracts and retrieving sporting event outcomes. Oracles not only collect fees for this work, but also win fixed periodic block rewards. What’s more, the Wagerr tokens earned can increase in value as the Wagerr economy grows.
If you’ve lived in the digital currency space, you’ve seen a lot of ICOs. But Wagerr is a game changer, both for sports betting and for digital currency.

Early supporter bonuses begin May 25. Don’t miss out! Register for Wagerr ICO updates on wagerr.com to stay informed and get ready. You’ll also find more Wagerr news and info, including the development roadmap.

Keep an eye on the Wagerr bitcointalk.org ICO announcement thread wagerr.com/ANN for promotional opportunities to win free Wagerr and bet on sporting events.
https://bitcointalk.org/index.php?topic=1911583.0 (https://bitcointalk.org/index.php?topic=1911583.0)

Be sure to check out Wagerr’s first two video presentations at https://vimeo.com/wagerr (https://vimeo.com/wagerr)
• “What is Wagerr?” gives an introductory overview of how betting with Wagerr compares to traditional sports betting.
• “Value Coupling” explains Wagerr’s compelling economic model in greater depth.

Join slack.wagerr.com (http://slack.wagerr.com) to interact directly with the Wagerr team. We welcome your questions.

Join the ICO. Run a Wagerr Oracle Masternode. Be the House.

Wagerr: Accessible. Fair. Safe. The future of betting belongs on the blockchain!

White paper on the day of the ICO launch? Bit late imho. Publish it before, or move ICO a few days later. The idea is promising though. Big competitor in this market: www.peerplays.com (http://www.peerplays.com). Always good to know where you up against ;)

So this is similar to vdice? Where you bet using ETH using smart contracts, I am assuming you will create something similar to this as from your descriptions that is what you plan to do. The only difference here is that you'll be creating your own coin to bet with and not really using the existing ones that already have this feature of smart contracts.

Couldn't find whitepaper, project looks interesting but we can't understand much without reading whitepaper. Its quite surprising that its been over a week since you guys have posted ANN thread in this forum, but still haven't published your whitepaper.

Anyway I will have close eye on ICO.

we are rushing the white paper so that it is ready 1-2 days before.

In regards to the competition, this table sums it up

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FRh3QRW6.png&t=577&c=_uqiJN2F_wdORw

it is only possible to achieve what we want using a new blockchain, and not using a BAAS. also adding masternodes as the oracles to provide consensus results and value coupling to create a deflationary economy are our strong points. This network will be completely decentralized.

I checked this with Jonathan from PeerPlays. He says that 6 of the  'no's should be 'yes'. Only ASSC smart contract does not apply to PeerPlays. And I have to say... I also think that this table does not depict the PeerPlays capabilities correctly. Can you enlighten me on this?

https://i.imgur.com/UlbKlBo.png
Peerplays (Community) response

We have read the peerplays whitepaper, and website.  We just conducted another search through it, Here are all the words missing from the website and white paper that you/they are claiming peerplays has,  

Masternode,
Oracle,
Coupling,
destroyed,
burn,
deflation,
inflation.

They dont explain in anyway how the events get confirmed and how they are incentivized to do so.

They dont explain how the events are posted and confirmed in a decentralized manner.

im still puzzled how they can say they have oracle masternodes and not even have the words mentioned on their site.. or in their whitepaper.
 
Also this is saying they have a deflationary economy

yet again the words deflation does not exist in the whitepaper or site

value coupling IF they have it, it also is not mentioned or explained in any way.

What they do have mentioned is profit sharing , and that is simply the idea that all portions of their network get slices of the fees, no mention of deflation of any kind , just distribution of the winnings and fees

here they show what happens to the fees

https://i.gyazo.com/fe56f5d3f60ca46e60da38e84bfbcb72.png

none of which create deflation

nor respond to it according to its use, which is what value coupling is

so ultimately i have to disagree with your accuracy of this graph, due to the fact that with a simple 10 mins search its clear peer plays has none of what you say.

Also we have downloaded the white paper. SO do your due diligence and don't just listen

It is also worth noting that it seems they do say that they have partnerless betting, no explanation  to how it is achieved. but i would be inaccurate to state they they didnt, we will update our graph accordingly.

What do you mean as "this channel"? This topic? The Gambling section? Some other external site or channel?

sorry i meant this topic

I ve reading your white paper,really cool,i hope you will be able to that fast as you can.Best luck

i am not much of a betting man in sportsbook or other table games but i do bet once in a while if theres is a match i am excited about.
what i really like about this project is the ability of users to invest on the house in a secure way. because i suck at trading altcoins maybe this is a slow but sure way of growing my crypto holdings

thank you for your kind words, we hope members in the gambling forum can give us their opinions as well

Our ICO launches in less than 3 days ! Decentralized sports betting on the block chain

1 day and 4 hours left till ICO opens , we are here to revolutionize the betting industry, its time to go fully decentralized

full decentralized sports book - wagerr.com (http://wagerr.com)

Aoo I am thinking only your site is accepting your wagerr tokens.
Correct?

This is the first time i am hearing about your project,you do have a really cool site and it says it already in the seventh round,what does it mean,on may 24 th you said you will be releasing the white paper in a couple of days and this is June 3 and already it is the seventh round of investment. ::) i am a bit confused ,can you explain to me in details how these rounds are calculated.

I must agree it is a nice design and site is nice.
But since it's a sports betting site will you be considering to offer e-sports betting in the near future?
I mean for league of legend and cs:go games.
These are the more popular ones.

hello, you can purchase wagerr with a few major coins as on the dashboard

white paper was released on may 31st. here is the link https://wagerr.com/wagerr_whitepaper_v1.pdf . rounds are basically set allocation of coins. round 10 is over, and we are waiting for round 11 to start

most definitely =))))

This project looks good, considering to join! I am a better, is my personal drug :D
Good luck for the ICO,
jjc

Congrats for the ICO.
I entered round5 and now I add a bit more at round18.

All the best for the future. Wagerr is probably the only coin today with a clear market and use case.

Blockchain at its best!

Wager ICO is now sold out ! thank you for your support

Congratulations.
One of the most well driven ICO so far.
The rounds were a brilliant idea, and I was glad to see thst things accelerated after round 15.

Very happy for you guys (and us, hodlers who believe in Wagerr!)

Well I'm in. What's next do we download the Wagerr's that we purchased in the ICO to a wallet or what do we do now?

Wow you guys really got a lot of btc in for that ICO. Definitely looking forward to a game changer in the world of sportsbetting. First up, you guys definitely need to get on an exchange. Any news on when thats happening ?

Ive joined the group of very lucky soon to be group of wager   ;D

How to get masternode?

3 millions usd raised, wow you guys rock, and your product will be successful.

I don't think they have published it yet. The only thing they have given is a demo wallet and that is it. I would be shocked if they are ready with the masternode at this point. No one even has a clear answer if you need 20K or 25K for a master-node.

I think this is going to take months before they go live with Wagerr. Hopefully I'm wrong and they are up and running by July. Lets see !

Join the ICO. Run a Wagerr Oracle Masternode. Be the House.
You still can !!! 
Get your Tokens now via Waves & Tidex or Yobit
The future of betting belongs on the blockchain!
Wagerr: Accessible. Fair. Safe.

Completely missed this one. looks like it's still in ico price range, i have some waves stored on mobile wallet. would probably buy in 100 waves worth wagerr. ;)

Wagerr 2.0.0 Masternode Setup
https://www.youtube.com/watch?v=Y-8ybqk5Q3A&feature=youtu.be