Bitcoin Forum

I could have missed it but I wanted to get a feel for what people thought about Wagerr.

Some key points I see:

-At a rediculously low price compared to previous years (in terms of sats not fiat) as are most alts.

- The one thing I lile about this coin/team is that it has a fully functioning betting mechanism that utilizes the blockchain the verify bets and burn and/or mint new coins based on wins and losses.  It works flawlessly and eliminates high 3rd party fees and eliminates the risk with sending your coins/money to a 3rd party where it could be locked up for a multitude of reasons or even just stolen.

I think this is defimately a niche coin but has a very nice use case that people are using now. 

Anyone have any comments on future pricing for wagerr?  Looks like there is limited downside with a high ceiling if it can gain some traction in the gambling community.

Basing up on own observation about tokens/coins that do relate with gambling which it isnt really getting that much of attraction but this one i had checked out that
they are still standing strong and had been still operating  nowadays.Imagine;

$26,874,205.02
Winnings Paid Out

550,473,587
Total WGR Bet

This isnt something that can be achieved easily if you arent really making that well.

Agreed that is one of the reasons this caught my eye.  550mil wagerr bet within a couple of years.  Just imagine if this was used by more people.  Incredible numbers and the coin price doesn't reflect a fully functional coin.  Think there is some value here.

Wagerr's Problems :

Marketing is none existent. 
Marketing at this time consists of  We updated our website and Tell your friends.
Its been in development for 3 and half years and it has been Glacial.
Recently a big update came through and there was no marketing to celebrate is huge event for Wagerr to attract any kind of attention.
It promised transparency on how the ICO funds would be spent there has not been any.
Its been saying for 3 years now a big exchange will be added SOON.
The presence of the Ionomy crew in Telegram that keeps on pushing their shitty exchange with no real volume.
The Affiliate marketing plan that has been in the works for at least 6 months to be soon arriving  six months is generous i think its been over a year.
From Discord: "The affiliate though is probably the most important. The details are still being ironed out and hence why no one has really spoken about it but essentially their are two paths. One is just a simple affiliate where they direct betting volume to the platform and they earn a clip of the dev fund. The second is a more professional type setup where someone can white label wagerr or just utilise the chain to offload risk."
Offload Risk ? posting stuff like that just seems so detached from reality. thanks to Uniswap we have a little more volume but offload risk come on.
Several websites where build for betting, angry ex team members told us about them and then those websites just disappeared from view when we asked Cui bono. (Slickbet and another one i forgot the name)

With the Latest updates we are at a crossroads,  either there is going to be a real marketing team hired that will push wagerr beyond its ATH of 1 usd with a real sized exchange or it will slowly die  out.
But as it stands only David knows what funds are available for that huge marketing push that will be needed so for outside investors its a really unattractive deal at this time.
If there are millions for marketing then Wagerr is a great investment if there are not then not so much.



Moving forward requires open communication about the remaining ICO funds , new exchange with standing and volume  external marketing team and maybe the affiliate marketing if they can ever figure out how to make it work.

Thats my 2 cents on it .. I am sure the fanboys will disagree but this is what I see.

Not a bad recap.  Honestly just recently started looking at it.  Am hard-core not into putting money into ICOs as most are empty promises and then exit scam.  So now that it's been a couple years and I see a functioning product it intrigues me.  I'm open to both sides of the floor so I appreciate your insight on the history of some of the backdrop

I believe the team made the right decision in not spending any money on marketing so far, as there wasn't an easy to use product out.

But now that the web sportsbook is out, which let's you easily bet on the blockchain without the hassle of the downloadable app, I expect the team to invest money on marketing and get on a decent exchange. I agree that without this type of exposure the project is at risk of remaining a niche product for fan boys, at least in the short term.

Long term, who knows. Decentralised betting with self custody is a ground breaking concept. So it is earning by running masternodes of a betting blockchain instead of creating your own bookmaking infrastructure. It took the world almost a decade to even start understanding Bitcoin. It may well be still early for the world to understand other blockchain projects such as Wagerr.

i bought wager when it is nearly 0.75 dollar 3 years ago. now it is $0.03.
i am still holding that coins. i hope it will rise and be 1 dollar again in 3 years.

There has been an idea to promote for at three and a half years now. You see it everyday, products keep themselves in the news with new releases, partnership announcements, hiring of new staff, etc. Microsoft was built on this strategy. Look at what Auger and others have done. This tactic costs almost nothing but effort and awareness.
Unfortunately, for whatever reason, Wagerr chose to belief their brilliance would light up the sky and the world would come to them.

I've been scouring this forum and don't see much at all.  The gambling section right on this forum seems to hit every mark as far as target market. 

Thousands of people
Gamblers
People who understand and participate in the crypto community
And best of all....free advertising

Well affiliate is up you can do it XD .. get that big fat 0.075% (0.15% of Winning bets assuming 50/50 win lose If they use the webwallet else you get zero.)

you can still bet using wager coins in the book right?

Yes.  They are throwing prop bets up for the superbowl too.  The betting mechanism is super easy, and it feels so much safer winning a big bet with wagerr than one of the shady books.  Win too much and you are sure to get locked out.  This thing definately has legs.

beaxy ...  must have been a Free listing , cant imagine people paying for a no volume exchange like that.

Seems like Wagerr project final is getting the attention it deserves : they have a working product unlike their competitors, their own blockchain where you can bet completely anonymous without max limits and country restrictions.
They are gaining some traction on twitter and it is now reflection on their market price with an awesome triple up , from 0.05 to around 0.15 at the moment.
Their market cap is extremely low and I'm confident there is still much room for further growth

https://i.postimg.cc/JhpwZDqX/WGR.png

Looks like this bull is passing WGR by its back down to 6 cent there is not enough drive from the team to get wagerr noticed.
They are not willing to spend any money on marketing.

Yep, have to agree on that : seems like the team is much more focused on development than on marketing.
Still think this coin is an undervalued gem thou.

Upon checking the website, it seems like a great project. I wasn't aware of this until now and I hope that it could bring a new way. It's been around for a couple of years now and I think it's a great approach towards the gambling industry. Now that you mentioned this, I think it's a great time to buy this. ;D

Remember BetaMax ?

Just in case you have some quick help  they have a quite active telegram channel https://t.me/wagerrcoin




Mmh not sure: are you referring to video cassette recorder system developed by Sony ages ago?

It's fine I'd rather see a use for all these worthless alts.  Whether or not it's price rises right now not worried.  99.9999% of these alts that are literally clones that serve no purpose will disappear during the next bear, the small amount of coins like wagerr will keep trucking along.

wow you are Old (like me) .. yes thats what i was refering to it was much better then VHS .  VHS took the market  Betamax is mostly forgotten.
Better product doesnt allways win if it doesnt get marketed and promoted properly and thats Wagerrs problem the team is not willing to spend money on promotion.

It doesn't, just look at augur.  Completely inferior product but because it's on known exchanges and decent press upfront it has a much higher market cap.  Unfortunate because wagerr dogs auger

looking at how Auger works Wagerr should be valued at 10 times that.