[ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties

[Sowik]

this coin can be $0.25 - $0.30 easily once it hits the second market.

Hi , could you say how you derive the figures please?

Out of the air. I could be 1/10th of a cent if there is panic or it could a dollar. I don't think anyone can predict what it will be. My guess is up because it's in the interest of the dev team and they have tons of money now so they have the interest to not let it collapse but who knows what they are doing (I don't know them). I can hope for the best but anything can happen.

Does anyone know when this thing hits the exchange?

Probably when they release the tokens on 26th June or a few days after that.

[nayanmehta]

Bought some coins..
When and which exchange wgr will list ?

Any prediction on exchange price?

[klixion]

Wagerr is on Round 18 now with over half a million sold already.  With 9 days remaining for the ICO, it looks like there's a good chance all 20 rounds will be completed.  The wallet demo was a success. 

[swansong]

this coin can be $0.25 - $0.30 easily once it hits the second market.

Hi , could you say how you derive the figures please?

it's not hard to predict where it goes. this coin will have 20 million usd marketcap when it is only $0.10. considering every crypto in a bubble right now 0.25 $0.30 per coin would be 40 - 50 million marketcap which is pretty doable. if the dev team provides what they promise and we can actually bet on blockchain then even $1 is possible. but hey you know i am just another speculator, speculating about possibilities. don't put more than you can't afford to lose my friend.

[highaltitude20322]

this coin can be $0.25 - $0.30 easily once it hits the second market.

Hi , could you say how you derive the figures please?

it's not hard to predict where it goes. this coin will have 20 million usd marketcap when it is only $0.10. considering every crypto in a bubble right now 0.25 $0.30 per coin would be 40 - 50 million marketcap which is pretty doable. if the dev team provides what they promise and we can actually bet on blockchain then even $1 is possible. but hey you know i am just another speculator, speculating about possibilities. don't put more than you can't afford to lose my friend.

Can't stress this enough.  I think it is a solid idea, good pitch and a promising wallet demo. Shows at least some skills in the code and UX department.  But none the less, no one should be investing more than they can afford to lose!

Keep calm... and Wagerr on.

[Scor Pio]

Where to buy the tokens ?
Whats the procedure?

you need to signup on wagerr official website
https://wagerr.com
then after log in on your account, Enter Amount of WGR that will you buy,,
select the cryptocurrency will you use to buy this WGR,,

[lucidwater]

Wow! Look at how Wagerr cruises against the storm. 1,253,024 sold within a single night while its bartering coins are still in slow recovery. 60 newly collected BTC amidst the storm that represent 1,645,000+- Wagerr sold. This indicates most of the latest adopters are crypto-newbies who did not hold BTC previously in hand. Newbies are naturally the most careful investors by instinct as they are not yet polluted by the speculation madness.

I'm too lazy to shit any deeper. The logistic simply shows that Wagerr is the rarest star for investment in crypto-history so far.

[SoyLaCasa]

Hi,

Although this project sounds interesting at first sight, and it's the first decentralized sports betting platform that seems to have clear goals, I have some doubts about this project being a success, besides the price of the token or the amount of money raised during the ICO.

As far as I'm concerned, the biggest value seems to be the oracle masternode, where anyone holding a certain amount of tokens will be able to act as the bookmaker and earn half of the fee that bettors pay (still not sure about the exact requirements for this oracle masternode).

I will try to focus in the main aim of this company, which is to compete against existing sportsbooks, and create an edge for players to move to this platform.

There are two types of bettors, which are mug players and professionals.

The mug players will always need the following requirements for a new sportsbook:

- User friendly, easy to use interface
- Welcome bonuses. This is the typical catch that most bookies use (in many cases it means a cost for companies, due to bonus abusers).
- PROPAGANDA, and by this I mean mainstream advertising, as all the scam, worldwide known bookmakers do, which makes mugs feel their money is safe playing with them (doesn't really matter if it really is safe, the perception is key here), and they are getting the best deal (usually they are getting the worst deal, but then again, they don't care). This will be expensive, and wagerr will have to compete against billion dollar companies.
- Easy to deposit/withdraw money. Here I see the biggest problem, since mugs are not generally used to crypto, and are pretty skeptical (those who are even familiar to this industry). Even more with the volatility of the market.
- Feeling of being "safe" using the company. This again is related to propaganda, and since cryptocurrencies are not known for good things among general public, I see a very difficult task here to convince people to "risk" their money and avoid current easy-to-use options.


The professionals will need the following things:

- LOW JUICE (low fees), and therefore bigger payouts.
- LIQUIDITY, which is 100% linked to low juice (see PINNACLE business model)
- safe deposits and withdrawals
- No limits/bans on winning accounts

As far as I'm concerned, the lowest fees are 2% on head to head betting and 4% on multi-user betting (this does not beat some of the current leading exchange bookmakers such as matchbook (1%), Smarkets (2%).
The fee for direct chain betting (I guess this is typical "bet against the house odds" system) is 6%, which certainly won't be even close to beating main asian bookmakers, neither in fee nor liquidity.
In case wagerr is thinking about implementing a mode where people can bet against the system, this is a huge risk, and here is why.
Most bookmakers profit from a large number of mug players, and are not able to compete against professionals. In order to still be profitable companies, what they do is limit winning accounts.
If wagerr is planning on decentralized betting, without identity verification and other KYC procedures, they need to be among the very few companies that are profitable against professionals (this would be very expensive, as they would need to hire the best traders and attract the best market makers), otherwise they will be eaten out by value bettors and arbers.

I guess you might think that decentralizing the service is an advantage against current companies, but I will explain you why I think it is not necessarily that way.
Mug players are losing players, who don't even care enough to pay attention to this (this is the vast majority of players), and as I mentioned before, they just need to be brainwashed with very expensive propaganda, welcome bonuses and user friendly interface.
Professionals currently have access to companies who offer huge limits (impossible to replicate by wagerr under their current terms) and lower fees.
They can use reputable and trusted betting agents to access anonymously to many of these companies, and even deposit and withdraw using bitcoin if they want further anonymity.

With all this being said, the cherry of the pie, which are the oracle masternode, is useless without the ability to bring money to the platform, and therefore liquidity.

By no means I'm saying that investing in this token will not be profitable in the short term, since it's a pretty hyped project, but I would not expect this company to be successful in the mid-long term under the current conditions.

[DurbanPoison]

Hi,

Although this project sounds interesting at first sight, and it's the first decentralized sports betting platform that seems to have clear goals, I have some doubts about this project being a success, besides the price of the token or the amount of money raised during the ICO.

As far as I'm concerned, the biggest value seems to be the oracle masternode, where anyone holding a certain amount of tokens will be able to act as the bookmaker and earn half of the fee that bettors pay (still not sure about the exact requirements for this oracle masternode).

I will try to focus in the main aim of this company, which is to compete against existing sportsbooks, and create an edge for players to move to this platform.

There are two types of bettors, which are mug players and professionals.

The mug players will always need the following requirements for a new sportsbook:

- User friendly, easy to use interface
- Welcome bonuses. This is the typical catch that most bookies use (in many cases it means a cost for companies, due to bonus abusers).
- PROPAGANDA, and by this I mean mainstream advertising, as all the scam, worldwide known bookmakers do, which makes mugs feel their money is safe playing with them (doesn't really matter if it really is safe, the perception is key here), and they are getting the best deal (usually they are getting the worst deal, but then again, they don't care). This will be expensive, and wagerr will have to compete against billion dollar companies.
- Easy to deposit/withdraw money. Here I see the biggest problem, since mugs are not generally used to crypto, and are pretty skeptical (those who are even familiar to this industry). Even more with the volatility of the market.
- Feeling of being "safe" using the company. This again is related to propaganda, and since cryptocurrencies are not known for good things among general public, I see a very difficult task here to convince people to "risk" their money and avoid current easy-to-use options.


The professionals will need the following things:

- LOW JUICE (low fees), and therefore bigger payouts.
- LIQUIDITY, which is 100% linked to low juice (see PINNACLE business model)
- safe deposits and withdrawals
- No limits/bans on winning accounts

As far as I'm concerned, the lowest fees are 2% on head to head betting and 4% on multi-user betting (this does not beat some of the current leading exchange bookmakers such as matchbook (1%), Smarkets (2%).
The fee for direct chain betting (I guess this is typical "bet against the house odds" system) is 6%, which certainly won't be even close to beating main asian bookmakers, neither in fee nor liquidity.
In case wagerr is thinking about implementing a mode where people can bet against the system, this is a huge risk, and here is why.
Most bookmakers profit from a large number of mug players, and are not able to compete against professionals. In order to still be profitable companies, what they do is limit winning accounts.
If wagerr is planning on decentralized betting, without identity verification and other KYC procedures, they need to be among the very few companies that are profitable against professionals (this would be very expensive, as they would need to hire the best traders and attract the best market makers), otherwise they will be eaten out by value bettors and arbers.

I guess you might think that decentralizing the service is an advantage against current companies, but I will explain you why I think it is not necessarily that way.
Mug players are losing players, who don't even care enough to pay attention to this (this is the vast majority of players), and as I mentioned before, they just need to be brainwashed with very expensive propaganda, welcome bonuses and user friendly interface.
Professionals currently have access to companies who offer huge limits (impossible to replicate by wagerr under their current terms) and lower fees.
They can use reputable and trusted betting agents to access anonymously to many of these companies, and even deposit and withdraw using bitcoin if they want further anonymity.

With all this being said, the cherry of the pie, which are the oracle masternode, is useless without the ability to bring money to the platform, and therefore liquidity.

By no means I'm saying that investing in this token will not be profitable in the short term, since it's a pretty hyped project, but I would not expect this company to be successful in the mid-long term under the current conditions

TLDR: I'm a noob talking out my ass.

[klixion]

Im confused about people being worried about it being offshore?... most of the ICO's ive seen are offshore to prevent regulation, and this one is even more important that it is offshore.

and to avoid taxes which is not legal also


I took this from official website
"The world needs Wagerr. Millions of people bet billions of Dollars every year. And when they bet on sports in the underground market,..."

this is nonsense, the company is registered in Belize offshore and offshore itself is considered "underground"

That is literally why im here... I cannot bet legally where i live. I think that is bullshit, and wagerr is offering (at least on paper as an idea) a way for me to be able to bet on sports and not have to worry about taxes.. and and third parties freezing my accounts or what have you.

I agree nothing exists other than a sales pitch but i dont know what makes you think they should have launched this from a non-offshore company.  The mere fact that you think it shouldn't be launched via offshore makes me laugh a little.

Alright ,your first sentence makes sense but I wouldn't laugh instead of you
so they fear regulation , but their servers are located in the US and UK which can easily be turned off by law enforcement authorities and you can say goodbye to your coins, another nonsense

that is a good point

That it's just a couldflare protection for ddos, the real server is behind this layer but is also located in the US

I would like someone to address this. If this is the case, can't the gov't shut it down whenever they want?

Correct me if i'm wrong but aren't all the betting on Wagerr, done in the wallet?  If that's the case, and the website doesn't accept any bets so there isn't a problem.  If the the servers do become an issue, devs can easily find hosting elsewhere. 

[Aces84]

What's the normal time frame from exchange withdraw to wagerr?

I withdrew from bittrex, and it shows completed, but I don't see anything in wagerr.  Its been a few hours. 

[dham]

A central site wont matter, the entire platform will be based on the blockchain, thus a server shut down wont affect the system that is Wagerr.  Thats whats so great about Wagerr, decentralization.

[dham]

What's the normal time frame from exchange withdraw to wagerr?

I withdrew from bittrex, and it shows completed, but I don't see anything in wagerr.  Its been a few hours. 

Lots of people send without compensating for tx fee, so make sure you sent correct amount. Also if its bitcoin, Id give it some time.  If nothing else contact support at support@wagerr.com

[slap]

Hi,

Although this project sounds interesting at first sight, and it's the first decentralized sports betting platform that seems to have clear goals, I have some doubts about this project being a success, besides the price of the token or the amount of money raised during the ICO.

As far as I'm concerned, the biggest value seems to be the oracle masternode, where anyone holding a certain amount of tokens will be able to act as the bookmaker and earn half of the fee that bettors pay (still not sure about the exact requirements for this oracle masternode).

I will try to focus in the main aim of this company, which is to compete against existing sportsbooks, and create an edge for players to move to this platform.

There are two types of bettors, which are mug players and professionals.

The mug players will always need the following requirements for a new sportsbook:

- User friendly, easy to use interface
- Welcome bonuses. This is the typical catch that most bookies use (in many cases it means a cost for companies, due to bonus abusers).
- PROPAGANDA, and by this I mean mainstream advertising, as all the scam, worldwide known bookmakers do, which makes mugs feel their money is safe playing with them (doesn't really matter if it really is safe, the perception is key here), and they are getting the best deal (usually they are getting the worst deal, but then again, they don't care). This will be expensive, and wagerr will have to compete against billion dollar companies.
- Easy to deposit/withdraw money. Here I see the biggest problem, since mugs are not generally used to crypto, and are pretty skeptical (those who are even familiar to this industry). Even more with the volatility of the market.
- Feeling of being "safe" using the company. This again is related to propaganda, and since cryptocurrencies are not known for good things among general public, I see a very difficult task here to convince people to "risk" their money and avoid current easy-to-use options.


The professionals will need the following things:

- LOW JUICE (low fees), and therefore bigger payouts.
- LIQUIDITY, which is 100% linked to low juice (see PINNACLE business model)
- safe deposits and withdrawals
- No limits/bans on winning accounts

As far as I'm concerned, the lowest fees are 2% on head to head betting and 4% on multi-user betting (this does not beat some of the current leading exchange bookmakers such as matchbook (1%), Smarkets (2%).
The fee for direct chain betting (I guess this is typical "bet against the house odds" system) is 6%, which certainly won't be even close to beating main asian bookmakers, neither in fee nor liquidity.
In case wagerr is thinking about implementing a mode where people can bet against the system, this is a huge risk, and here is why.
Most bookmakers profit from a large number of mug players, and are not able to compete against professionals. In order to still be profitable companies, what they do is limit winning accounts.
If wagerr is planning on decentralized betting, without identity verification and other KYC procedures, they need to be among the very few companies that are profitable against professionals (this would be very expensive, as they would need to hire the best traders and attract the best market makers), otherwise they will be eaten out by value bettors and arbers.

I guess you might think that decentralizing the service is an advantage against current companies, but I will explain you why I think it is not necessarily that way.
Mug players are losing players, who don't even care enough to pay attention to this (this is the vast majority of players), and as I mentioned before, they just need to be brainwashed with very expensive propaganda, welcome bonuses and user friendly interface.
Professionals currently have access to companies who offer huge limits (impossible to replicate by wagerr under their current terms) and lower fees.
They can use reputable and trusted betting agents to access anonymously to many of these companies, and even deposit and withdraw using bitcoin if they want further anonymity.

With all this being said, the cherry of the pie, which are the oracle masternode, is useless without the ability to bring money to the platform, and therefore liquidity.

By no means I'm saying that investing in this token will not be profitable in the short term, since it's a pretty hyped project, but I would not expect this company to be successful in the mid-long term under the current conditions

TLDR: I'm a noob talking out my ass.

Why so offensive? Good points and food for thoughts imho.
Better elaborate whats your view than just simply put TLDR.
I for one, am not familiar with it, so can not put up a good discussion...
but I like to see your point though.

[LifeOfDoge]

Will be there a Linux wallet? because who wanna run Masternode on the Windows, right 

[lucidwater]

A central site wont matter, the entire platform will be based on the blockchain, thus a server shut down wont affect the system that is Wagerr.  Thats whats so great about Wagerr, decentralization.

Simple, brief and precise answer to full whole page repeated shitty questions. Another real Wagerrior exposed! Wagerr naturally attracts all unique people with the highest IQ and EQ. It is simply the fact of the universe. The planet evolves, mankind evolves, the social systems evolve.

[gamerfan]

Are twitter spots still available?

[lucidwater]

Another round of massive sabotage attack by the competitors. With at least much better planned and designed strategy than the previous one not long ago. But still too idiotic to deserve attention.

A very important Wagerr team member, killer weapon of Wagerr - one of the most experienced senior sport bettor, houser and investor from the most enthusiastic country of sports in the world, must be laughing out his shit now reading those stupid pretending questions relating his most knowledgeable field. 
 

[burner2015]

Going strong !  FUD is always here

I don't worry anymore after seeing the Demo Wallet...   Open Question is for me only the Marketing Plan. 

[lucidwater]

For the sincere newbie investors with minimal knowledge on blockchain concerning legal issues. Here's the best 'straight-to-the-point' by David.

"  .... Wagerr believes that self-regulating, open source systems can produce better, more reliable and fair outcomes because they are not subject to human vagaries. People can design and control machines, systems and networks more precisely and more reasonably than they could ever control other people — even themselves.
....
.... Wagerr believes the internet is the greatest invention of modern time. Access to this freedom must always be free of fear and legal repercussions. Instead of having to invest trust into unknown individuals or entities who may or may not be there tomorrow, players can rely on a trustless and decentralized system. ..."

Every word of the article is worth reading. https://news.wagerr.com/bit-by-bit-a-manifesto-for-modern-freedom-through-decentralization/