Wagerr - The next big thing in betting?

in #bitcoin7 years ago

wagerr image.jpg

Hey all
This is the only ICO this year that caught my attention and its the first ICO that i have participated in. I believe if the devs can keep on track with what they have planned in the roadmap it could be huge. I don't bet very often but when i do i go big so i also think that the Wagerr tokens could potentially reach between $5-$10 each within a year or so. Maybe i'm biased being a hodler of these but maybe it could reach that price. Lets be fair $10 isn't that much of a big bet when you really think about it. There is a total of 200m coins and personally i think a 2b marketcap isnt out of reach.

Below is the road map the team have planned for the coming months.

Let me know what you all think, be sure to up-vote and follow =D

Have a good day Steemians!

Version 1: Head to head betting
Fall 2017
The blockchain mediates bets between two players taking opposite sides on upcoming sporting events. The fee for an executed contract is 2% of the payout. 1% goes to the processing Oracle and 1% gets burned.

Version 2: Multi-user betting
Winter 2017
To make it easier to find and fulfill more bets on low volume events, the system allows multiple players to be paired against a single bettor. This ensures that large bets do not require an exact match to forge a contract. The fee for this transaction is 4 percent. 2% of the fee goes to the Oracle processing the transaction and 2% gets burned.

Version 3: Direct on chain betting
Spring 2018
In the final phase of major development of the token, Wagerr gives the player the option to forgo looking for a match and bet directly against the chain, using the chain itself to take their bet automatically. The fee for this transaction is 6 percent. 3% of the fee goes to the Oracle that processes the request and 3% is automatically burned.

Late Q3 2017
Testnet Release
The Wagerr testnet deploys, allowing players to preview Head to Head bet matching and general wallet functions. Oracle Masternode owners can become familiar with their operation and test different configurations for best results.

Q4 2017
Head to Head Betting
The blockchain mediates bets between two players taking opposite sides on upcoming sporting events. The fee for an executed contract is 2% of the payout. 1% goes to the processing Oracle and 1% gets burned.

Q4 2017
Event Chat Add-on
Every event will have its own chat room that will allow those who are betting on the event to communicate with one another. Users can get to know who they are betting against and allows them to talk about the event live while it happens.

Q1 2018
Multi-User Betting
To make it easier to find and fulfill more bets on low volume events, the system allows multiple players to be paired against a single bettor. This ensures that large bets do not require an exact match to forge a contract. The fee for this transaction is 4 percent. 2% of the fee goes to the Oracle processing the transaction and 2% gets burned.

Late Q1 2018
Challenge/Rematch Add-on
The Challenge and Rematch system allows the player to message previous betting partners and issue challenges or ask for rematches. This expands on the concept of an address book by allowing users to see, track, and rematch past players and easily invite friends to use Wagerr to bet against one another.

Q2 2018
Direct Chain Betting
Wagerr gives the player the option to forgo looking for a match and bet directly against the chain, which takes the other side of the bet automatically.. The fee for this transaction is 6 percent. 3% of the fee goes to the Oracle that processes the request and 3% is automatically burned.

Q2 2018
Dynamic Odds Balancing
For Direct on Chain betting, Wagerr incentivizes betting on the other side when one side gets overweighted. This feature allows the Wagerr chain to ensure that it exposes the network to the smallest amount of payout liability.

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Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
http://blocks4all.com/topic/1147/wagerr-wgr-a-revolutionary-betting-blockchain/5

Very promising but they are only on Waves as an exchange. I have 25k of these bad boys. But their price will be stagnant next 3 months at least. Or if they an exhange it can go quickly.

I write about crypto, personal life, sports and life on my profile. Will soon start blogging about food, travel and my adventures in Japan, South Korea, Taiwan and Philippines. You might be interested, love <3

Im in for the long run so not over bothered about the price atm. Iv'e followed you =D

I Hold Wagerr tokens as well. Very curious to find out how well they will do.

What surprised me more about them right now is that they publicly put Ethereum aside. I've written a post about it: https://steemit.com/cryptocurrency/@valderrama/wagerr-did-not-choose-ethereum-for-withdrawal-of-tokens

I will defo have a read of that when i wake up tmz. Thanks. Followed btw

You're welcome mate.

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sorry about that i didn't realise i didnt put the source where i got the info from. will try and be more careful

Nice write up, any idea what or when Wagerr will be added to exchanges (apart from Waves) ?

Hey its been added to tidex recently and they are in talk atm with the likes of bittrex and polo i believe.