Topic: [ANN]Personal Wager | Head 2 Head Wagering in Video Games (Read 186 times)

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Vision

Personal Wager’s vision is to create a globally accessible esports player to player (P2P) wagering system, allowing players in any country to wager on their own skill with players at home or in any other country. In the near future, with expansion into an AI to AI (A2A) system through the acquisition key gaming assets, Personal Wager expects to be the de-facto standard for human vs human, AI vs AI, and human vs AI wagering.  
 
Problem Statement

Traditional exchanges of winnings for a personal wager relied on cash and locally played games. When these wagers were brought to the web, they were hard to fund internationally, as a large proportion of the players still only have cash and as a result, wagers have mainly been created in local currencies, and still with substantial losses due to high FIAT currency conversions. In times of small wagers, it can be difficult to pay the winnings back to the players due to costs, exchange rates, and currency controls.
 
 
Player Won Token Solution

The Player Won Token (“PWON”) solution solves all of the aforementioned problems and limitations by creating a very simple “utility token” which acts as a stored value for players transactions facilitated on the platform. As all transactions on the Personal Wager platform are performed using PWON Credits, fees are negligible, and small wagers between players become commonplace while large wagers are not diminished by high withdrawal fees back to PWON. The Personal Wager platform utilizes the PWON token. While the PWON token (an ERC-20 smart contract) is used durıng inbound and outbound platform transactıons, the sale of the tokens can be made in any currency worldwıde ıncludıng FIAT or cryptocurrency. In addition to the stored value, the supply and demand will allow the value of the PWON token to float based on its own merits with strict tokenomics rules and consistent PWON Token ⇔ PWON Credits conversion when depositing to your account.
 
Players can also purchase PWON tokens using FIAT directly from Personal Wager by using services such as PaySafeCard, which has over 550,000 locations worldwide, successfully providing cash to ecash services. These locations include the Canada Post offices amongst other prime locations.


Competitive Landscape
While there are other esports gambling type sites and services on the web, there are none that have the worldwide reach and targeted scope of potential that the Personal Wager player to player wagering system has, which keeps Personal Wager strongly in the “Game of Skill” legal realm.
In creating the PWON, we are creating associations and loyalties to the Personal Wager brand, as well as providing a worldwide decentralized system of play. In addition, there are few sites that allow a player to play ‘any’ game, anywhere, and at ‘any’ time, all the while building the blockchain scorecard and paying the winners. Personal Wager operates as easily with non-integrated games as with integrated games.

What is the role of Personal Wager during the process of a wager?  
1)SCHEDULING- Personal Wager schedules the games.
2)ESCROW-Personal Wager escrows the money for the players, and pays it to the winner pending the outcome.
3)ARBITRATION- In the case of a dispute, Personal Wager provides arbitration services.

Personal Wager does not provide the games, and since Personal Wager gets paid regardless of  the outcome, it is not dependent upon a winner or a loser and thus has no bias.

The Personal Wager website and systems have the following features:
● The Personal Wager website structure with content and graphics functions on PC based browsers as well as tablets, phones, and other mobile devices.
● User can register and create a profile with favorite games, an avatar and game system ids.
● Registration as a free player will wager only Play PWON credits instead of Real PWON credits and Real PWON tokens.
● Registration as a funded player can wager Real PWON credits with Real PWON credıts.
● Players can fund their PWON accounts with a range of payment gateways including internal and external acquisition of PWON tokens.
● Players can compete for a position on the leaderboard on a variety of games.  
● The Refer-a-Friend system is in place to reward refererres in Real PWON tokens for referring friends to our website to assist with the expansion of the site and its subsequent user base.  
● A commercial affiliate system is in place to reward affiliate companies for referring users to https://www.personalwager.com​. This will assist with the expansion of the site and its user base.  
● A challenge system assists the user with finding those they wish to wager against. The system will store recent players with whom they have wagered. They can also propose a wager by using their username or ID, and the challenge is sent for confirmation.  
● A challenge calendar, where players can post challenges and other players can accept.  
      o Wager Placement System (WPS).  
      o Record the wager.  
      o Identify the counterparty.  
● Confirmation from the counterparty  
      o Wager Results System (WRS).  
      o Enter result of game.  
      o Upload proof of result using application.  
● Wager protest and appeal system  
      o Appeal reported results.  
      o Appeal committee evaluates upload proof.  
      o Renders decisions to users.  
● Accounting System
● Quick withdrawal system
      o Request PWON credit winnings from the system and receive payment in PWON tokens to your ERC 20 wallet to trade for other cryptocurrencies, or fiat currencies. 
● An email system used by https://personalwager.com to email promotions, system messages or other messages to owners and users regarding accounts.  
● We are Integrating with Facebook™, Twitter™ and YouTube™ to allow for social sharing of games played, wagers won, challenges issued and more. Since games are shared with friends, and all games require a second player, the social component is important.  
● A management system is also integrated for Personal Wager staff to monitor user levels, affiliates and provide customer service.
● Setup and configuration of all the servers and databases to facilitate the wagers.  
● We offer a robust user search and challenge system for matching gamers who wish to wager.  
● We aim to integrate a self funding method through your user dashboard to easily fund your account with PWON tokens without complications through a variety of payment gateways including bank deposit and via facebook.
● We provide an on site chat functionality so players can chat during the game.  
● A rating and feedback of individual users.  
● Apps for Android™ and iOS

Conversion to credits preventing fractional wagers
PWON tokens are initially at a total of 1 Billion in supply during ICO+, during initial listings and during mainnet. In order to conduct wagers without fractions of PWON tokens, the following applies:
 
PWON tokens have a deposit rule applied when sending to your dashboard wallet:
 
● For every fully cleared (blockchain confirmed) PWON token sent to your dashboard, 10 PWON credits gets created and your tokens are registered and sent to the PWON cold wallet.
 
● If for example, after your ethereum gas fees the PWON tokens sent to your dashboard wallet amount to 11.78 PWON, then it will be rounded to 11.70 PWON and the conversion to PWON platform credits gets you 117 to wager with.
 
● Upon winning a wager, if a user wishes to convert their transactional platform credits back to PWON tokens, then a withdrawal conversion rule applies to cover the gas fees involved: PWON Credits / 10.25 = PWON Tokens (117 Credits would convert to 11.41 PWON Tokens).
 
 
Ticker: PWON
Token Name: Player Won Token
Token Platform: ERC-20
Private Sale Price: $0.05
Token Sale Price: $0.10
ICO Hard Cap: $25,000,000
ICO Soft Cap: $2,500,000
Total Supply: 1,000,000,000
Minimum Purchase: $25.00
Private Sale: 100,000,000 PWON
Token Sale: 200,000,000 PWON
Total Sale Supply: 300,000,000 PWON
Available options to purchase PWON: BTC, ETH or EUR
Team: 10%
Marketing: 30%
Development: 45%
Legal: 5%
Consulting: 5%
Accounting: 5%