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

[lotuspod]

Lotuspod left wagerr with a few others. I just got kicked from discord cause i mentioned that fraud adam matlack. Matlack is heavily involved in wagerr,  even though he should be in jail with josh garza for the paycoin scam.

Yeah you can refer all future questions to Adam and the ION guys, or whoever they get to fill the "front" side.  I want to help a project that has real potential in helping improve the massively unfair situation that bettors face, not to help cover up for some shady clown like that who doesn't even have the balls to face his own mistakes like a real man.

If/when Wagerr fails, Adam (and the ION crew by association) should be held squarely to blame. 

[Diamond_Darrell]

Lotuspod left wagerr with a few others. I just got kicked from discord cause i mentioned that fraud adam matlack. Matlack is heavily involved in wagerr,  even though he should be in jail with josh garza for the paycoin scam.

Yeah you can refer all future questions to Adam and the ION guys, or whoever they get to fill the "front" side.  I want to help a project that has real potential in helping improve the massively unfair situation that bettors face, not to help cover up for some shady clown like that who doesn't even have the balls to face his own mistakes like a real man.

If/when Wagerr fails, Adam (and the ION crew by association) should be held squarely to blame.  

Well, here again... again, the user with the rank of "member" is not happy with everything. In the previous branch, too, the "member" expressed his point of view. Such users, as usual, know everything better than developers, they know better how a project should develop, and so on.

[Beachguy2]

Maybe I missed something....but what does ION have to do with Wagerr?

Thinking the same.....little behind the curve on this.

[lotuspod]

Maybe I missed something....but what does ION have to do with Wagerr?

Pretty much everything.  Why else would things split so cleanly along ION and non-ION related people?

[Diamond_Darrell]

Someone watching the tests Wagerr 3.0? In the telegrams of the chat they write Thu will be posted no less than mesets "3.0.0 will launch on mainnet in about 1 month +"

[semifamou5]

A closer look at Wagerr

Wanna bet on Wagerr?
An asset for investors who like their odds

https://i.imgur.com/Hc3D9hr.png

Traditional sports betting in many locales is driven underground, leading to corruption, unfairness, and violence. Estimated at $400 billion worldwide, this untapped market offers an incredible opportunity to develop a safe, decentralized, and accessible blockchain alternative. If you’re an investor, speculator, or trader, Wagerr’s model is seriously compelling.

Wagerr (WGR) taps into a vast worldwide sports betting market. Say goodbye to risk and regulation and hello to an asset optimized to grow in value as Wagerr absorbs the pent up demand for secure, self-regulated betting.

However, capturing even a fraction of demand from this market is great, but only goes so far. Transient usage could be a major problem, as bettors generally convert BTC and fiat to WGR only when they want to bet, and back to fiat if they win, leading to a lot of market volatility during major betting events and from large bettors. So why would someone want to hold WGR?



Value Coupling: You can bet on Wagerr

https://i.imgur.com/tv3ELPD.jpg

The Wagerr network reduces the risk to value and protects holders of WGR tokens by linking betting volume to coin supply. This “Value Coupling” between usage and supply is a built-in deflationary mechanism that destroys 48% of the fee from every bet. With fees of 2%-6%, the net result is nearly 1-3% of every bet permanently removed from the network.

For example, if price falls dramatically, significantly more outstanding supply is destroyed with every bet, because bets now require more WGR. Conversely, if price rises dramatically, significantly less supply is destroyed. Over time, this leads to less price volatility and an asset value that more accurately reflects both adoption and usage.

Wagerr’s systematic destruction of fees thus creates supply scarcity over time. As the average volume of betting activity over the Wagerr network rises, the value of Wagerr rises with it, enabling all investors to participate in its strong growth potential simply by holding Wagerr.

Watch the video on Value Coupling to see how it works!

Oracle Masternodes: Be the house

https://i.imgur.com/CIhpuCE.png

For large scale investors, Wagerr’s Oracle Masternodes offer an exciting source of ongoing income. Like Dash Masternodes, Oracles win a portion of the block rewards. (Staking wallets win the remainder.) But that’s just the “icing on the cake” compared to the betting fees Oracles earn. That’s because 50% of all betting fees are paid to the processing Oracle, making them increasingly valuable as betting activity grows. They earn these fees for the intensive work of gathering and validating real world event data and forging contracts.



A better way to bet

https://i.imgur.com/f5uv7mZ.png

Wagerr offers a superior alternative to the existing morass of regulated and underground markets. Wagerr is universally accessible, secure, and safe. By contrast, betting with traditional bookkeepers leaves your capital vulnerable to theft by untrustworthy parties, confiscation by shifting government regulation, and loss due to corporate bankruptcy.

At its most basic, sports betting is fun. It’s an enduring and extremely popular form of entertainment.Bitcoin Loan Crypto The demonization, criminalization, and regulation of sports betting have only driven the practice underground, making it far more risky and dangerous, in a cruel self-fulfilling prophecy. Wagerr interrupts that cycle and safely puts the pleasure back into sports betting. Wagerr all you want: it’s your money.



A blockchain for sports bettors

https://i.imgur.com/1ewW3J1.png

If you enjoy sports betting, Wagerr is custom built for you. For a low fee, you can place your bet in secure escrow and, if you are on the winning side of the bet, get an automatic payout after the event. You can depend on the Wager network to confirm real world gaming results accurately because of strict enforcement of the requirements for Oracle Masternodes participation. The penalties for Oracles that attempt to feed bad data to the network are prohibitive. Supermajority consensus among the Oracle Masternode network is required in order to post game results on the blockchain, making results extraordinarily robust.

https://i.imgur.com/VBjhQHg.jpg

There's no risk of overleveraged betting because you can't bet more than you have. No loan sharks, no 5-0, no worries about your assets. Bet with Wagerr; your kneecaps will thank you.



Take back the house

https://i.imgur.com/YLxrGIm.png

You know what they say: “The house always wins.” Bookkeepers profit from the sure thing — fees. Wagerr not only cuts fees significantly, but enables anyone to own a piece of the house. Oracle Masternode operators become a low cost “distributed house,” earning fees when users bet. But the value proposition for Oracle operators gets better in two ways:

• Oracle Masternodes win block rewards for their role as consensus agents, retrieving sporting event outcomes and collectively validating them.
  
• Since nearly half the fees are destroyed, the value of the WGR token is structurally inclined to grow over time.

https://i.imgur.com/eduvgNX.png

You don’t have to operate an Oracle to win with Wagerr. Anyone who holds WGR can earn block rewards by operating a regular staking wallet. Bettors save with less spent on fees. And when bettors win, they may not even have to put their winnings in a wallet to win with Wagerr — if betting volume increases substantially, that could be enough to drive up the price of Wagerr through the two simultaneous mechanisms: increasing demand and increasing net fee destruction.



Profits you can feel good about

https://i.imgur.com/2OZb0eS.png

Wagerr is a carefully incentivized economy. We don’t give away money for nothing. Wagerr rewards work to secure the network, escrow bets, retrieve and validate sporting events, and make accurate payouts. The fee structure incentivizes adoption of Wagerr as the betting platform of choice. And even though investors can win big like the traditional house, you don’t have to act like a thug or a criminal to reap the rewards. Wagerr frees users from fear, risk, material harm, and exploitation and brings pure fun back to sports betting.



Good for digital currency

https://i.imgur.com/KHa5Jak.png

Wagerr has developed an economy, not just a currency. Innovative blockchain technology lays a crucial foundation to a successful cryptocurrency, but few coins see sustainable value growth and economic stability. Even Bitcoin Cryptocurrency Loans, the king of digital currency has fluctuated violently between $200 to $2000 in the last year.

Wagerr's focus on sports betting gives it an unbeatable edge over competition:

https://i.imgur.com/Rh3QRW6.png

Known as Application Specific Smart Contracts (ASSC), Wagerr's Smart Blockchain creates an optimized business model inspired by current open ended smart contracts — by pairing them with a single, reliable, rigid function. Smart contracts may be all the rage, but implementations that try to do everything risk disaster. Wagerr sticks to its knitting, doing one thing well: sports betting.



Attractive for arbitrage

https://i.imgur.com/nvmwB5a.png

Wagerr offers a better solution to a problem traditional sportsbooks commonly face. Frequently, mainstream sportsbooks find that they have taken on too much payout liability when their customers’ bets are unbalanced, strongly favoring on one side. If the overweighted team wins, the sportsbook has to pay out big time. They typically manage this liability by placing their own bets on the underweighted side — with competing sportsbooks.

Although Wagerr's low fees, automated payouts, and strong security against manipulation make it a competitor to traditional sportsbooks, the blockchain also offers a potent arbitrage solution at a competitive price.



Wagerr is a win

https://i.imgur.com/ANZTyBE.png

When you add it all up, here’s what you get. A blockchain that makes sports betting safe, secure, and potentially more profitable — for a $400 billion/year untapped industry. A deflationary coin whose value is tied to capturing market share of that $400 billion/year industry. crypto loan A coin that lets Oracle Masternode operators profit, first from providing network security and betting service, and second from a deflationary economy. A coin in which its value is driven up by the scale of betting activity. A coin that gives everyday holders a chance to capitalize on the value growth of Wagerr by staking coins in the easy-to-use HTML5 wallet to win regular awards, or simply by holding on to Wagerr. As betting volume and coin value grows, everyone wins.

If the Wagerr sports betting blockchain captures even 0.25% of the global market — just the illegal market — we’re looking at one billion Dollars worth of betting activity. The corresponding fees destroyed would cut the total coin supply in half in one year. (Estimate assumes the price of WGR holds constant at the ICO price.)

https://i.imgur.com/UCckUkf.png

So, we’re feeling pretty good about things. If we were the betting types, we’d be going all in. But since we’re mainly digital currency developer types and business developers, well, nevermind, we’re going all in anyhow because we absolutely believe in the project.

The future of betting is accessible, fair, and safe. Betting belongs on the blockchain, and that blockchain is Wagerr.

ah yes

[Diamond_Darrell]

With regret, I look at the recent failure of up to 600 Satoshi. There was an opportunity to purchase and free funds. But greed is not good

[lotuspod]

With regret, I look at the recent failure of up to 600 Satoshi. There was an opportunity to purchase and free funds. But greed is not good

It's done, look at ION's graph if you want to see the future of WGR.  Save your btc, better solutions are certainly on the way.

[SuparTipstar]

If anyone has any questions about what happened in the last month, the team splitting up, millions of $ unaccounted for etc, you can ask me here.

[andremd3]

If anyone has any questions about what happened in the last month, the team splitting up, millions of $ unaccounted for etc, you can ask me here.

Please fill us in on all of it.

[lotuspod]

If anyone has any questions about what happened in the last month, the team splitting up, millions of $ unaccounted for etc, you can ask me here.

Please fill us in on all of it.

Tippy knows quite a bit more than I do even - the ION guys are doing all they can to silence him and then insult him with multiple sockpuppet accounts in an attempt to discredit him.  Those guys can hardly run a 2mm market cap coin (ION), let alone are able to handle the kind of scale everyone is expecting of WGR.  Get out while you still can.

[lotuspod]

https://archive.is/www.talkxpy.com

Lots of familiar WGR names in those old Paycoin threads, I suppose to make their money back they had to take it from someone else...Wagerr was doomed to failure from the start.  They just wanted us on the 'front side' as they call it - to take the fall eventually.

[SuparTipstar]

If anyone has any questions about what happened in the last month, the team splitting up, millions of $ unaccounted for etc, you can ask me here.

Please fill us in on all of it.

The very, very short version is that the WGR whitepaper was written by Adam Matlack and Derek Broyhill (Matt, Don Draper, AtomSmasher) of Ionomy. David Mah is no CEO (not even his proper name). Probably close to $40m is unaccounted for. As WGR raised $10m at ICO the logic is it is only owed that $10m is spent, even though the funding grew to a value of $50m (bitcoin cash sold near high etc). This funds Ionomy (much more vibrantly than wgr) among others. Anyone who didn't work for Ionomy left the company. WGR funds used to build centralised sports betting websites of which Adam Matlack is personal stakeholder. Team buy orders hold the price on the markets and have done since everyone went dark after ICO in 2017. Majority of MNs are run by team etc. Ionomy lead dev Mitchell is guy trying to release the new wallet since dev team quit. Ionomy general manager Richard was doing results for WGR during QT betting ....

It's all a big fucking joke. David will do really well to stay out of jail.

I can't describe what happened without ranting so specific questions appreciated.

[SMDCM]

Very interesting. The sockpuppet accounts are evident to anyone looking at discord or tele. Matlack doing the exact same thing he did in the old hash talk forum days. If David does go down, surely Matlack will too once the FBI realise the similarities between what happened with paycoin and this.

Q. How the hell did David initially get involved with Matfraud? Didn't he do some due diligence on paycoin?

[SuparTipstar]

Q. How the hell did David initially get involved with Matfraud? Didn't he do some due diligence on paycoin?

Predates me.

[lotuspod]

Q. How the hell did David initially get involved with Matfraud? Didn't he do some due diligence on paycoin?

Predates me.

Assuming sometime back in the Paycoin days from what I got from it, maybe even earlier.  Then there's Derek Broyhill, who lurks under many different names and always seems to know what is going to happen and tries to steer the 'community' towards it.

Also sciborg/FollowBTCnews has been very active at times.  Krumz, Xeohash, Dkbay, modcom, GTR_JOEY...the list of ION guys involved in one way or another goes on and on.  Tippy will explain.

Edit - can confirm even just users are now being banned for asking legit questions

[SuparTipstar]

Predates me.

Also sciborg/FollowBTCnews has been very active at times.  Krumz, Xeohash, Dkbay, modcom, GTR_JOEY...the list of ION guys involved in one way or another goes on and on.  Tippy will explain.

Edit - can confirm even just users are now being banned for asking legit questions

You might call them 'devout' lol. Ionomy staff outnumbered WGR staff by like five to one at the best of times. While WGR market cap has been 10x of that of Ion and should have $40m+ in funding.

[sluppy]

Predates me.

Also sciborg/FollowBTCnews has been very active at times.  Krumz, Xeohash, Dkbay, modcom, GTR_JOEY...the list of ION guys involved in one way or another goes on and on.  Tippy will explain.

Edit - can confirm even just users are now being banned for asking legit questions

You might call them 'devout' lol. Ionomy staff outnumbered WGR staff by like five to one at the best of times. While WGR market cap has been 10x of that of Ion and should have $40m+ in funding.

Wagerr Mcap 13,678,179 wagerr should have between 30-45 mln in funds.

You showed us what 7-8 mln in that post on the website ?

where is the rest of it ?

[SuparTipstar]

Predates me.

Also sciborg/FollowBTCnews has been very active at times.  Krumz, Xeohash, Dkbay, modcom, GTR_JOEY...the list of ION guys involved in one way or another goes on and on.  Tippy will explain.

Edit - can confirm even just users are now being banned for asking legit questions

You might call them 'devout' lol. Ionomy staff outnumbered WGR staff by like five to one at the best of times. While WGR market cap has been 10x of that of Ion and should have $40m+ in funding.

Wagerr Mcap 13,678,179 wagerr should have between 30-45 mln in funds.

You showed us what 7-8 mln in that post on the website ?

where is the rest of it ?

What hasn't been spent on other businesses is in Adam's control.

[andremd3]

Ok I'll get a little more specific. Can you discuss the token swap process:

Who choose the 3 month hard deadline and why? Was there any pushback internally on making it such a short time period? Seemed odd at the time esp. after 3 quarters of telling people not worry about it and with a new wallet in the works. Why not wait till the new wallet was released to do it?

Guess it was David's decision to keep all the unswapped coins for the wagerr team instead instead of burning them. Let me know if that is incorrect.

Also, how many coins were lost by investors because of the swap? Last estimate I saw was like 15 million.