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

[Edgemaster]

I may have missed so if I have, please let me know but... has a start time been posted for the ICO yet? What time zone is the launch happening exactly and at what time? I know the launch is on June 1st but depending on what location in the world you are referring to, the start of June 1st will be different. It would be nice to know this so I can eagerly wait and press refresh a thousand time lol

exact time to the second is now available.

[tiger5056]

started worried since no whitepaper or detail release.

[msilk]

Can you guys tell us why the whitepaper got delayed to the last minute ? It's the first time I see such a thing, most whitepapers are published weeks or even months before the ICO.

speculation... they know we are in a bubble and want to raise cash while the gettin's good. Sorry just the cynical side of me speaking. :p

You are partly correct; we are confident there is enough demand even without the whitepaper that we would reach our goal of Round 1 anyway, and proceed with token issuance and full H2H development. It is simply an additional tool to us, that supports funding into much later rounds.

I am very pleased with the results of this approach as we have been able to hone our messaging, plan, and goals before finalizing, so as to make it a strong document. The feedback we have received to this end has been extremely valuable.

However, rest assured we are making final edits to the paper as we speak and it will be available shortly.

[msilk]

The wagerr.com Dashboard is now live! You can see the countdown to ICO start, accepted coins, pricing, and purchase history. Be sure to add 2 Factor authentication to protect your account, and reset your password to something complex!

[gipsy]

There will be a bonus for the early investors? Like first 24 hours (10%-20%) or something like that. ?!?

[digitalgrow]

Sorry but i cant see how many wgr are required for the oracle masternode, could anyone please advise as I cant see from the ANN or their website

[pwpwpw]

Sorry but i cant see how many wgr are required for the oracle masternode, could anyone please advise as I cant see from the ANN or their website

25k coins or 1250$.

[msilk]

There will be a bonus for the early investors? Like first 24 hours (10%-20%) or something like that. ?!?

1% bonus for each round completed after the round you participated in. You can see the bonus structure in the OP.

[digitalgrow]

Sorry but i cant see how many wgr are required for the oracle masternode, could anyone please advise as I cant see from the ANN or their website

25k coins or 1250$.

Cheers buddy

[hannusolo]

On top of the masternode reward how much will be the regular staking reward per block? Will it be a fixed amount?

[tiger5056]

Sorry but i cant see how many wgr are required for the oracle masternode, could anyone please advise as I cant see from the ANN or their website

25k coins or 1250$.

Cheers buddy

Price is fix per USD or per ETH?

[pwpwpw]

Sorry but i cant see how many wgr are required for the oracle masternode, could anyone please advise as I cant see from the ANN or their website

25k coins or 1250$.

Cheers buddy

Price is fix per USD or per ETH?

looks like price is fixed @ 5 cents US

[FandangledGizmo]

Hard cap ?
Price per token ?
Telegram group link please .

soft cap 100 million, if sold out before 14 th June,hard cap will be 200mill

Price per token is fixed at $0.05

sorry we dont have a telegram group going , its slack at this stage , slack.wagerr.com

Ok so the absolute hard cap is $10 million. I think it's a good project and will probably invest but...

I would be remiss not to point out that you have got game theory and incentive alignment wrong in terms of your ICO imo. On the one hand you are attempting to encourage word of mouth marketing and the complete sale of each round...

A progressive bonus system rewards early adopters while encouraging word of mouth marketing and the complete sale of each round.

https://wagerr.com/ico

But on the other...

soft cap 100 million, if sold out before 14 th June,hard cap will be 200mill

So never mind a 1-9% bonus, shareholders could receive a -50% equity deduction if they engage in the word of mouth marketing you were trying to incentivize. As with any project, more funding is usually a good thing but in terms of incentives, you have encouraged complete radio silence from ICO participants until at least the 14th of June.

Having said that it's a good project all round and you may well raise your hard cap very quickly, just pointing out your incentives are misaligned and hopefully there aren't as significant incentive misalignments in Wagerr itself.

[yokosan]

a rapid rise could be as Gnosis? 4 minutes was over. I feel like we won't get here like. hopefully after we receive ends.

there's too much ico in June. we are eagerly waiting for.

[thehun]

Can I participate directly with BTC or do I have to get ETH for the ICO?

[kotik_valeria]

joined the twitter bounty
good luck
thanks

[YIz]

How about using Namecoin for DNS and make the website a little more decentalized?

[bitdrafter]

Hard cap ?
Price per token ?
Telegram group link please .

soft cap 100 million, if sold out before 14 th June,hard cap will be 200mill

Price per token is fixed at $0.05

sorry we dont have a telegram group going , its slack at this stage , slack.wagerr.com

Ok so the absolute hard cap is $10 million. I think it's a good project and will probably invest but...

I would be remiss not to point out that you have got game theory and incentive alignment wrong in terms of your ICO imo. On the one hand you are attempting to encourage word of mouth marketing and the complete sale of each round...

A progressive bonus system rewards early adopters while encouraging word of mouth marketing and the complete sale of each round.

https://wagerr.com/ico

But on the other...

soft cap 100 million, if sold out before 14 th June,hard cap will be 200mill

So never mind a 1-9% bonus, shareholders could receive a -50% equity deduction if they engage in the word of mouth marketing you were trying to incentivize. As with any project, more funding is usually a good thing but in terms of incentives, you have encouraged complete radio silence from ICO participants until at least the 14th of June.

Having said that it's a good project all round and you may well raise your hard cap very quickly, just pointing out your incentives are misaligned and hopefully there aren't as significant incentive misalignments in Wagerr itself.

very fair point of view, just one thing to add, the bonuses stack if those rounds are started and sold.  So those new rounds selling as well would mean that bonus would move from 9% max round one to 19% and following rounds etc.

but im happy to hear you are still interested! thanks again!

[bitdrafter]

Can I participate directly with BTC or do I have to get ETH for the ICO?

Accepting multiple Currencies including ETH, BTC, XRP, ETC, LTC and others.

As for the website being decentralized, once the ico is over and distribution is complete, the website that hosts the wallet downloads and FAQs and more will be completely open source.

[digitalgrow]

so wait, if the crowdsale sells out before the 14th you will issue another 100m tokens to the market for sale? Sorry in advance if i have this wrong