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WAGERR - A DECENTRALIZED SPORTSBOOK

Wagerr.com Review


Wagerr.com - A unique Gambling Experience:

Read it right! Wagerr.com is a unique in its kind, It is a decentralized sportsbook which truly changes the way the world used to bet on sports. Wagerr taps into the massive worldwide sports betting market by offering a better, more secure way to bet. Smart blockchain technology forges betting contracts, validates sporting event outcomes, and automates payouts. The Wagerr system is decentralized and self regulating. These qualities allow Wagerr to deliver secure, private, and safe sports betting to the entire world.



Features:

Trustless betting-

Wagerr uses distributed blockchain technology to execute betting contracts. It escrows stakes, verifies results, and pays out winners. By eliminating central authorities, Wagerr solves the most pernicious problems in the industry. Reducing corruption and risk results in predictable operation. You can bet on Wagerr.

Built for Everyone-

Experienced and casual players alike appreciate the easy to use wallet that integrates advanced options like sports entertainment and setting the line for head to head bets. Investors large and small can hold a stake in the system by operating Oracles or simply holding Wagerr.

Value Coupling-

Nearly half of all fees are systematically destroyed — and destroying fees diminishes coin supply. It’s a simple matter of supply and demand: Given steady demand, free markets tend to respond to a dwindling supply with rising asset price. Holders of the asset will only sell it for the highest price the market will bear. Watch the video and check out the “economics” tab for more details on how the Wagerr economy works.

How Betting In Wagerr works?

1. Betters Set thier terms on Blockchain.
2. Oracle Masternodes  gather super majority consensus on sporting event outcomes.
3. Payout execute automatically and securely.


Wagerr Economics:



In the Wagerr system, when price declines, deflation accelerates and corrects the price. Here’s how:

Since bettors tend to bet consistent amounts in their local fiat currency (e.g., USD or Euros), when the price of WGR declines, the local currency buys more WGR. So, the user who usually bets $100 USD gets more WGR for $100, and the service fee — a percentage of the bet — is also a proportionally larger number of WGR coins. Since about half that fee is burned, even more WGR are being destroyed when the price of WGR is depressed. This built-in adjustment is like a self-righting mechanism for the economy and it allows WGR to function as a consistent (reliable?) store of value, not merely a token of transient value.

As a result, it’s much safer to hold Wagerr over the long term because even if the price goes down, there’s protection for the holder. The deflationary engine makes Wagerr a great store of value.

Be the House:

You know how they say, “The House always wins?” That’s because bookkeepers bet on a sure thing: fees. Bettors win and lose, but steady fees provide a reliable income.As much as people may enjoy the thrill of betting, it sounds kinda nice to be the House, doesn’t it? Well, Wagerr allows everyone involved to win in two compounding ways.
The most straightforward way to “be the house” is by operating an Oracle Masternode, a network component (or consensus agent) that earns half of Wagerr’s service fees for performing bookkeeping services. Oracle investors collect fees and systematically win, just like traditional bookkeepers.
But there’s a second way that any participant in the Wagerr economy can win, simply by holding Wagerr. That’s accomplished through a mechanism we call, “Value Coupling.”

ICO:

In the era of talking big about smart contracts, Wagerr demonstrates the true power of what blockchain technology can offer by marrying the right technology with the perfect use case. Creating a token and blockchain that has rigid rules allows Wagerr to fully utilize “smart contracts” through phased transactions from betting to payout.



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