$ 0.008 3.82%
Wagerr (WGR) Rank 2131
Wagerr is a decentralized sportsbook built on blockchain technology. Due to its peer-to-peer structure Wagerr brings trustless sports betting to the whole world while avoiding single hacks, scams and server downtime. Wagerr is able to escrow user stakes, verify results and pay out winners automatically, eliminating the need for third party services which charge higher fees.
In Wagerr ets are executed through the use of Application Specific Smart Contracts (ASSC), while a network of Oracle Masternodes update game results and execute smart contracts to facilitate reliable betting and payouts and receive 50% of the bet's fee while doing so. 48% of the fees are destroyed, reducing the total supply of WGR while demand is created by users who buy WGR to gamble with. The current Wagerr token is a transitionary token issued on the Waves Platform. It's a provisionary token that can be exchanged freely on the Waves decentralized exchange before the Wagerr mainnet launches.
| Mkt.Cap | $ 0.00000000 | Volume 24H | 0.00000000WGR |
| Market share | 0% | Total Supply | 200 MWGR |
| Proof type | Open | $ 0.0074 | |
| Low | $ 0.0074 | High | $ 0.0078 |
"Wagerr" by AltcoinCentral
Wagerr uses distributed blockchain technology to execute betting contracts. They raised about $10 million in crypto currency during their Initial Coin Offering back in June 2017. Due to the appreciation in Bitcoin and other crypto since June 2017 they probably have much more than that in their "bank" today.
By eliminating central authorities, Wagerr solves the most pernicious problems in the industry, thereby reducing corruption and risk. The result is predictable operation, unprecedented transparency and a positive user experience. Featured in eGaming Review (EGR)'s 1st Annual Crypto Edition of their award-winning magazine earlier this year, Wagerr is a revolutionary decentralized sportsbook that brings trustless sports betting to the entire world. Using a decentralized blockchain to deliver secure, private and safe sports betting on a global scale, Wagerr is elevating the sports betting industry. With a "Direct-Chain" betting fee of just six percent on winnings, Wagerr users worldwide can securely place bets against the blockchain and get paid without a centralized authority.
A total of 841 coin's are currently circulating in the Market. Wagerr prices are currently experiencing a change of 17.28 %, check all cryptocurrency. Over the past 24 hours 0.000 M US dollars Wagerr has been traded on Crypto Exchanges. Get Wagerr's progress by adding it to your favourites and creating a free portfolio if you wish. The Wagerr ICO started on June 1st, 2017 and ended on June 25th, 2017.
We also provide rich advertisement campaings to advertise your bussiness on this website. The Wagerr coin (WGR) is a Proof-of-Stake cryptocurrency initially established on the Waves platform and later moved on its own mainnet. It is designed for the usage as a utility token within the Wagerr platform. One of the main features of the coin is its adaptive price generation system. Today Wagerr price in US dollars is currently 0.0417 USD, and if converted to Bitcoin is 0.
There are links to their crypto holdings in one of their press releases on the website. Wagerr’s blockchain uses second-layer Oracle Masternode network to achieve consensus regarding external events that trigger contract execution. The network requires 75% majority agreement to trigger contracts, far more rigorous than simple 50% majority. Wagerr is a blockchain protocol that authenticates and executes smart contracts according to outcomes of verifiable external events.
See Also on BitcoinWiki
The team managed to raise over 10 million USD by selling 8,500,000 WGR tokens. Today there is a vast number of bookmakers and other organizations that provide betting. Most of them are associated with many problems in this business like the lack of guarantees in obtaining a reward, the large number of various commissions paid to the bookmaker, fake matches and some other unpleasant moments. The main problem is that people run the system, and their primary goal is their enrichment.
Wagerr: Q&A
Oracles receive rewards and fees as the coin supply becomes increasingly scarce, so operators owns a gradually increasing proportion of the entire Wagerr network. The standard Wagerr wallets are based on the Proof of Stake consensus algorithm and represent the first layer of the network. This layer allows the network’s participants to earn rewards for block formation, support the security of the network and contribute to the maintenance of the full copy of the Wagerr’s blockchain. The platform guarantees a prize winner in the dispute, without the intervention of third parties. In particular, Wagerr guarantees the impossibility of manipulating the results of the competition on the part of the bookkeeper.
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Wagerr price today ✓ $ 0.042 USD (17.28 %) Wagerr historical data, chart, market capital & circulating supply. Stay up to date with the current price of Wagerr for 1 min, 1 hours, 24 hours, 7 days, 1 month, 1 year, and more.
WGR Exchanges
- - Already listed on 6 traditional and decentralized exchanges for $WGR coin, 2 peer to peer exchanges and 1 traditional exchange for $WGR token.
- The Wagerr coin (WGR) is a Proof-of-Stake cryptocurrency initially established on the Waves platform and later moved on its own mainnet.
- In particular, Wagerr guarantees the impossibility of manipulating the results of the competition on the part of the bookkeeper.
- In total for the event,125,000 WGR was removed from the total coin supply.
- The typo on June 26th about the blockchain starting was written before the ICO started and ended, when we planned to fork Dash or issue ERC20 tokens.
Wagerr is able to escrow user stakes, verify results and pay out winners automatically, eliminating the need for third party services which charge higher fees. With the flawless release of its blockchain based "DApp," Wagerr aims to disrupt one of the world's largest industries. In total for the event,125,000 WGR was removed from the total coin supply. This is just one of the many ways WGR holders can benefit from "being the house" without even betting. Wagerr solves these problems by using distributed blockchain technology to execute betting contracts, escrow stakes, verify results and pay winners.
A decentralized, blockchain-based network turned out to be a solution to all of these problems. The Wagerr platform is the result of an attempt to provide such a system. According to the developers, Wagerr has some fundamental differences from the classic bookmakers.
It's a provisionary token that can be exchanged freely on the Waves decentralized exchange before the Wagerr mainnet launches. Wagerr is one of the first blockchain platforms that were designed to provide a sports betting platform.
The typo on June 26th about the blockchain starting was written before the ICO started and ended, when we planned to fork Dash or issue ERC20 tokens. So assuming they had all the exchange stuff planned out before hand but apparently not. After the 20 rounds ends no mention of a token or exchanges, there reports that David the CEO went to Waves a couple days after the ICO to enquire about how to make a Waves token.
So now we are on the Waves platform, no volume no activity, no mention where you can trade the tokens on there main page of the site or on Twitter? They keep mentioning this token as a temporary token, which devalues the token to potential investors. I get it they want to issue the token on Waves because it's easy and theirs no network issues.
The Wagerr ICO started on June 1st 2017 and ran until June 25th, gathering 2360 BTC, ETH, LTC, ETC 1025, DASH 131 ZEC. The Wagerr ICO had a bonus structure that was comprised of ten stages - Learn more here. Wagerr is a decentralized sportsbook built on blockchain technology. Due to its peer-to-peer structure Wagerr brings trustless sports betting to the whole world while avoiding single hacks, scams and server downtime.
Wagerr ICO
For example, the Wagerr platform rejects the unspoken “House always wins” rule (the betting institution is always a winner). Bookmakers earn through commissions from the winning bets (dishonest bookmakers get money from fake matches, but it is punishable by law). In the Wagerr system, the commission is paid to the network's participants for the use of machine resources by a distributed network, and the size of the commission is much lower than in existing offices. At the same time, there is no specific bookmaker receiving commissions in the system. Get Wagerr (WGR) price live chart and market data from all exchanges.
The platform is powered by its native cryptocurrency - Wagerr coin, a coin used with the Wagerr wallet application. At the time of its appearance, it was the first decentralized betting shop based on blockchain network. The advantages of the system are the reliability in obtaining winnings, protection from the third party intervention and the classic betting possibility of earning on the forecasts made. CryptoStatZ shows the most accurate live prices, charts and market rates from trusted top crypto exchanges globally.
Unbelievable that this wasn't planned before the launch of the ICO but done the last min. Wagerr is a decentralized betting blockchain platform where users can bet on their favorite sports with lower fees than normal sportsbooks.
User are able to view the posted events and place bets against existing posted bets or set a new line and matched amount (for a taker or bet partner to fill). Once betting pairs are determined to be complementary, a smart contract can be created and initiated on the Wagerr blockchain. - Already listed on 6 traditional and decentralized exchanges for $WGR coin, 2 peer to peer exchanges and 1 traditional exchange for $WGR token. wagerr trades today as a token on the Waves Decentralized Exchange, Tidex and I think some exchange called Yobit. Wagerr’s protocol systematically diminishes coin supply proportionate to network utilization by destroying 50% of smart contract fees.
Users are rewarded for their contributions to the transaction validation within the Wagerr platform.
But Do what MobileGO did issue the token on Waves and then add it to other exchanges. Doing this allows investors to buy and sell freely on the open market. Some people are still going to hold long term but they also want the peace of mind if they need to sell some coins they can do so at any time on a decent volume exchange. 48% of the fees are destroyed, reducing the total supply of WGR while demand is created by users who buy WGR to gamble with. The current Wagerr token is a transitionary token issued on the Waves Platform.
The first weekend of action on the WGR betting market saw over 400,000 WGR bet. Because bets are burned up front and new coins are automatically created (minted) to pay winners, an underdog win for Canelo resulted in a net burn of over 107,000 WGR. This information is transparently accessible via a blockchain explorer.
