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1/25 Since the poll started, I have dug deeeeep into $WGR and reached out to both the community and developers for their insight. This is what I have found… Wagerr is a blockchain which is custom built for sports betting.
2/25 If you compare it to all the other gambling projects, nothing even comes close to their approach. IMO with the numbers they are doing right now ($1.5m weekly volume) I can’t see why they are still at $20M market cap. Check out their numbers!
3/25 They had their successful ICO in 2017 and seemed to drop off people's radar during the bear market. But after digging deeper into this monster, it seems like they chose to focus on building a solid working product instead of blowing money on pointless marketing.
4/25 As far as I can tell, Wagerr is the world's first sports betting book built completely on its own blockchain which has massive advantages. This essentially lets Wagerr offer its bettors a bundle of unique features that I will list below.
5/25 Check this out. So, if I throw down $1000 worth of $WGR on my team winning and double my money ($2000), and the price of $WGR doubles the next day. I essentially make $4000 off my initial $1000 bet. So both betting and holding the token have their advantages!
6/25 Wagerr is a Peer-to-Peer open network. Therefore, it can be accessed from anywhere in the world at any time, without restrictions. As long as you’re connected to the internet, you’re all set! Annnd the best part is…
7/25 It does NOT require you to hand over any personal information. NO KYC, NO NOTHING! Which means accounts can never be restricted or suspended. Wagerr is wont be able to execute these actions because all users remain anonymous.
8/25 Wagerr has no limit betting. Other betting apps and websites claim this, but Wagerr states there is no need to find a counterparty so therefore the Wagerr blockchain will accept any size bet you make. Also, the Wagerr Blockchain rids the need for trusted 3rd parties.
9/25 Bettors always remain in complete control of their $WGR token, meaning no bookmakers withholding your funds or closing accounts. You essentially bet directly against the blockchain, so you always get paid!
If your unfamiliar with how the model works. Check this photo.
If your unfamiliar with how the model works. Check this photo.
10/25 The Wagerr Blockchain is not a company and does not require a profit to run. This means Wagerr can provide you with the best odds and will not rob the customer of their earnings. The network goes one step further and allows users to share in the success of the platform.
11/25 Wagerr looks and operates very similar to a normal betting apop. However, users must use the WGR currency. The main thing to understand is that because the Wagerr blockchain is capable of minting new tokens to pay out bets, users have comfort in betting large amounts.
13/25 Remember that every bet is all on chain. You can see everything here: http://explorer.wagerr.com
14/25 Let talk about its Masternodes. Wagerr has oracle Masternodes that help operate the blockchain, which users are incentivised to run because they are set to earn 75% of each block rewards. (2.75 WGR every minute is given to a Masternode).
15/25 These Masternodes also have the job of delivering event data and betting results to the blockchain (the oracle part to the system). For this, they receive a clip of the betting fees. Right now, each node is yielding about 12% p.a.
16/25 But keep in mind that the chain is currently also burning coins at ~4% p.a. So overall WGR is becoming scarcer, and holders benefit the most. The amount of WGR burned depends on total betting volume. This is to the benefit the holders since the users are the house!
17/25 Masternode holders lock up 25k WGR and can earn bigger portions of the betting volume. This creates a feedback loop. They have calculated what returns these nodes receive in an excel calculator.
19/25 Every sportsbook should adopt Wagerr instead of any other token because it makes their business model more profitable. No future sportsbook is going to use WINK ($1B MC), Augur ($400M MC) or any other crypto betting platform because none of them have changed their model.
20/25 All of them have recreated the exact same business model which makes for a bad user experience.
Wagerr are already onboarding others to adopt their model. https://news.wagerr.com/wagerr-partners-with-top-match-24/
Wagerr are already onboarding others to adopt their model. https://news.wagerr.com/wagerr-partners-with-top-match-24/
21/25 By adopting Wagerr as their native currency, a sportsbook can manage their risk correctly and become much more profitable. They can run their book at a much lower risk. It’s a win-win because the extra betting volume from platforms adopting $WGR benefits both $WGR holders.
22/25 Ultimately, this is a revolutionary product for the industry. It means betting platforms will become more competitive and therefore grow the industry as a whole by simply using the Wagerr blockchain.
23/25 It also means that people all over the world have access to reliable betting platforms using the same under lying $WGR token.
Check the affiliate program out also. You can profit for any winning bets your friends make. https://news.wagerr.com/introducing-the-wagerr-affiliate-program/
Check the affiliate program out also. You can profit for any winning bets your friends make. https://news.wagerr.com/introducing-the-wagerr-affiliate-program/
24/25 The amount of betting volume that Wagerr will attract in the near future will be ridiculous. They are tackling a trillion-dollar industry! There is still a long way to go in terms of adding more in-depth betting features across multi sports.
25/25 Their tech is mind blowing. I hadn’t even heard about it until last week. Cheers to community for showing me this gem!
Follow updates and upcoming events via their news page. https://news.wagerr.com/
Follow updates and upcoming events via their news page. https://news.wagerr.com/
