In terms of investment, on what term do you guys expect the value of a Wagerr token to exceed the ICO price? At the moment there doens't seem to be an overwhelming interest, otherwise the ICO would have been long completed (like when BAT and BNC had their ICO).
Is this a mid/long term investment?
I'm thinking of joining the ICO.
I'm not a big basher of other guys projects, but honestly, I think this Wagerr sucks. As a background: I develop gambling software for a living, have run operational companies for 15+ years, and am well versed in cryptography, cryptocurrencies, and related themes. I thus believe I uniquely qualified to break down what wagerr is.
1. The head guy is in the 'medical field' in Australia. Chiropractor or holistics? Who knows. His professional background in gambling? In development? Non-existent.
2. In the whitepaper, he writes that his solution will help players to 'avoid violence' among other things. It lend me to question: what type of gambling have this person engaged in? It seems like he must have been engaging with loan-sharks that let guys wager on credit that then would break the legs of a guy that don't pay back. Again, who knows, but after 17 years in the field, I have never heard a player being subject to a physical attack. It's online gambling, people.
3. Immature platform. As another poster stated, a key element to succesful wagering platform is a inviting and fast user interface, nice features and general ease-of-use. It seems like they are a long way from having a mature platform. They stated among this in their 'road map'.
● Event Chat Addon
● Rematch Function/friend challenge
● Dynamic Odd Balancing
● Moneyline betting
● Season winner/champions bets
Moneyline betting is a key factor of sportswagering. As is 'Season winner' or Futures. Dynamic odd balancing, i assume they means Odds. It is indicative they have no idea how to do basic bookmaking and making sure they have as little liability as possible.
So, while it's not in my habit; I will make a bold prediction: Wagerr won't amount to much of anything, as it seems like they don't have the first clue about sportsbetting, complete novices. Another example of an ICO that is just fishing for money based on a pipe dream.
as a Wagerr investor I can't help but to agree with some of your points (#1 and #3). I don't see a lot of experience at all among the top brass in this project. Who is the lead developer? What has the founder been involved with? The "Senior Advisor" looks to be a professional fisherman.
They'd be well-suited to hire some full-time, experienced devs with this ICO money along with a 'gambling consultant' ie. someone well-respected in Vegas to help them with the actual book-making side