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

[Edgemaster]

Guys, these banner ads in the media pack are brilliant!  Good on you! TO THE MOOOOON!!!

https://github.com/wagerr/mediapack

Thanks! We had a lot of fun making them. And now you can, too! We will be distributing a blank template for a new competition.

Wagerr Meme Contest

We haven't finalized the terms for the Wagerr Meme Contest, but this is the idea we're kicking around for now:

• If you make a meme that we love enough to use it, we'll pay you 100 WGR. No limits. Go crazy
• You must post the meme here on bitointalk and at lease one other social media site (Twitter, Chinese social media, a gambling site, Facebook, your favorite Slack.
• When you post in bitcointalk, link to where else you posted.

Be creative. Have fun. Win Wagerr.

[Edgemaster]

I still do not get it

who chooses the events to bet?

The Oracle Masternode network gathers and agrees on the event lists.

who sets the odds for those events?

In head to head and multi user betting, the initiating bettor sets the line.

would it be possible to bet on live events?

10 confirmations (fully confirmed) needs to happen before the start of the event, so probably at 30 minutes there is a hard cut off.

[darktt]

I like your idea. But i think 2-6% is too much for players, why they should go to wager for place bet with huge fees?

[Edgemaster]

I like your idea. But i think 2-6% is too much for players, why they should go to wager for place bet with huge fees?

Wagerr's fee structure is competitive with traditional sportsbooks.

Here are some reasons bettors might choose Wagerr:

Since betting is prohibited in some regions, bettors don't want their assets confiscated by governments or crooked bookkeepers. Wagerr provides a better alternative:

Wagerr payouts are reliable and fair.

• Wagerr is secure, safe and distributed.
• Because it's a distributed network, no government can shut it down or block betting activity.

There are several reasons Wagerr needs to charge fees:

The Oracle Masternodes that secure the network and function as consensus agents do crucial work that makes the system function safely and reliably. The fees compensate the Oracle operators for their work of forging contracts, retrieving sporting event outcomes, and consensually validating the outcomes that trigger payouts. The fees function as a crucial incentive to maintain the system.

Just like traditional bookkeepers, the Wagerr network takes risk whenever it takes a bet on the blockchain because the network has to pay out all winning bets. The fees partially offset the risk. And while the blockchain doesn't really care if it has to pay out the winners, everyone who holds Wagerr tokens cares a lot. The fees offset the risk to the value of the WGR token.

Since about half the fees are burned (48%), the Wagerr economy and the people who hold WGR tokens are also protected from dramatic changes in the WGR token's value. Systematic proportional destruction of WGR tokens keeps a check on the coin supply, stabilizing or even improving the price of Wagerr. And that's important because when people bet on Wagerr, they want to get a payout that has at least the fiat value they expect. If the Wagerr economy were not self-regulating, bettors would be taking much greater risks. The way we've designed Wagerr, however, actually opens up new opportunities for bettors to profit.

[jeeb]

   so very Interesting~~~good project~

[Raizou]

What is the price expectation for 1 WGR, Dev? Will there be press campaigns (Media, Blogs)? Or is this contest you just announced an example of a media campaign?

[subG]

Hello Edgemaster.   Very interesting project.  I like how 48% of the fees will be burned.  Will the Wagerr ICO be open to US Residents?  Thank you and good luck! 

[roscoelacy]

good project and market, i make sport bets is populer in china

reading, watching,, talented team, good concept, pro design

hope for good plan on bounty, meme contest is good they are so funy and I like the sig

i like safe blockchain sports beting not control by feds or gangs,

other project no compare, no oracle, no on chain bet, risky use and complix, centralize platform, is wrong approach

[zrunfeng]

Dev,why you change the rule of signature bounty again and again?300 posts is very hard and pointless.It is usually 10 posts per week. Why do you have to be special?

[memii]

One of the best OP I saw ever not only with usage of nice graphics but at the same time is very informative. I have it on my to do list already noted. This is not to miss project big names in the teams gives positive impression. I am waiting anxiously for the start of crowdfunding campaign.

[Grab]

If i have negative feedback from untrusted member i can join bounties?

[FandangledGizmo]

How does your service differ from http://bookie.exchange being built on Peerplays?

How long do you envisage payouts taking on average? (From event finishing to receiving winnings)

Also will you allow bets to be placed with the Wagerr token itself, possibly at a discount or will betting be exclusively in ETH?

($X million in fees on $100 million in volume is lucrative but driving some of the betting volume/demand through a lower market cap token like Wagerr is even more lucrative)

[Edgemaster]

Dev,why you change the rule of signature bounty again and again?300 posts is very hard and pointless.It is usually 10 posts per week. Why do you have to be special?

The Wagerr team updated the signature campaign to make the campaign easier to join, with clear rules and clear rewards.

Qualifying members must post a minimum of 15 posts with the Wagerrr signature (and no other signature) over the course of the entire campaign.

Because we want to make sure the posts are high quality, we have capped the number of posts that can win rewards at a maximum of 200 posts.

If a participant demonstrates excellent quality of posts consistently, the campaign managers may authorize rewards for more than 200 posts over the course of the campaign.

[katmatui]

I like your idea. But i think 2-6% is too much for players, why they should go to wager for place bet with huge fees?

Wagerr's fee structure is competitive with traditional sportsbooks.

Here are some reasons bettors might choose Wagerr:

Since betting is prohibited in some regions, bettors don't want their assets confiscated by governments or crooked bookkeepers. Wagerr provides a better alternative:

Wagerr payouts are reliable and fair.

• Wagerr is secure, safe and distributed.
• Because it's a distributed network, no government can shut it down or block betting activity.

There are several reasons Wagerr needs to charge fees:

The Oracle Masternodes that secure the network and function as consensus agents do crucial work that makes the system function safely and reliably. The fees compensate the Oracle operators for their work of forging contracts, retrieving sporting event outcomes, and consensually validating the outcomes that trigger payouts. The fees function as a crucial incentive to maintain the system.

Just like traditional bookkeepers, the Wagerr network takes risk whenever it takes a bet on the blockchain because the network has to pay out all winning bets. The fees partially offset the risk. And while the blockchain doesn't really care if it has to pay out the winners, everyone who holds Wagerr tokens cares a lot. The fees offset the risk to the value of the WGR token.

Since about half the fees are burned (48%), the Wagerr economy and the people who hold WGR tokens are also protected from dramatic changes in the WGR token's value. Systematic proportional destruction of WGR tokens keeps a check on the coin supply, stabilizing or even improving the price of Wagerr. And that's important because when people bet on Wagerr, they want to get a payout that has at least the fiat value they expect. If the Wagerr economy were not self-regulating, bettors would be taking much greater risks. The way we've designed Wagerr, however, actually opens up new opportunities for bettors to profit.

Best reply I've seen. Amazingly solid. I wish all teams were this responsive. Never saw an ICO with such clear and compelling presentation. Anyone thinking of doing one should look to this as a model.

Wagerr seems to have something to offer —  more than I can say for most ICO coins. So many getting BTC lol, but they don't have tech, team, or a plan. How are they going to succeed. This campaign raises the bar. It's about time.

When will meme campaign start? I'm working on some ideas, but I need the blank canvas to work on — official one.

[p3ngu1n]

This is expected project.
Let's see the future.

[highaltitude20322]

do we post our wagerrmemes here?

[jpass022]

Very interesting concept, I'll have to keep an eye on this one. 

[EarlyBirdSpecial]

I apologize if this has been addressed but what's the difference between this and edgeless?

[roscoelacy]

I apologize if this has been addressed but what's the difference between this and edgeless?

edgeless not decentralize blocks some locals, does too mcuh

Wagerr sports only work evrywhere open source oracles masternodes deflationed coin supply

[Edgemaster]

WagerrMemes Contest

Make Memes • Win Wagerr

If @Wagerrx retweets your meme, we pay 100 WGR. No limits. Go crazy

Tweets must include wagerr.com and hashtag: #wagerrmemes

Winners must also post the meme and the tweet url in the bitcointalk announcement thread to win: wagerr.com/ann

Here are the blank base templates. Go to town!






Here is some suggested text:

Wagerr: betting belongs on the #blockchain. Learn more at wagerr.com. #wagerrmemes @wagerrx $WGR #crypto #fintech

The house always wins. Be the house. Join the #ICO at wagerr.com. #wagerrmemes @wagerrx $WGR #blockchain #crypto #fintech

There's a better way to bet. $WGR is accessible, fair, safe. wagerr.com #wagerrmemes @wagerrx #blockchain #crypto #fintech

Safe betting is no betting, unless it's #decentralized. wagerr.com #wagerrmemes @wagerrx $WGR #blockchain #crypto #fintech

Not #decentralized? You're doing it wrong. Bet on the #blockchain at wagerr.com #wagerrmemes @wagerrx $WGR #crypto #fintech

Sportbetting is $400bil untapped market. Get your share at wagerr.com #wagerrmemes @wagerrx $WGR #blockchain #crypto #fintech