Wagerr and Edgeless - Regulation? | Bitcointalksearch.org

Metros

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Quote from: jerry0 on February 06, 2018, 11:06:42 PM

When will they both open?

Both are working atm, probably the very few real blockchain products that works out there.

Edgeless are under regulations and it is a token. it is pretty much just like any other online casino, nothing special imho, can't see how EDG token value can go up.

Wagerr are fully decentralized sport-betting with Oracle masternodes, the masternode owners get 2.4% of winning and all losing bets are burned. I actually already set 8 bets so far and won 5

jerry0

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When will they both open?

rapidleech

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Maybe it could be big, but reality atm is not sufficient - it hasnt any working product yet. If they will manage smoothly working product then it will moon.

Johnny00

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Quote from: Aetrader on July 07, 2017, 10:57:20 AM

Any blockchain project that is playing in this space should address these potential issues! So far I'm not finding anything from Wagerr or Edgeless on the matter. Lips sealed

Wagerr is decentralized so nothing anyone can do.

Str1x

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Buy me a beer 13mVkBy6HVwKuNovaWzYdF27FB6pLqoJtr

Quote from: Metros on October 27, 2017, 11:55:09 AM

Wagerr is P2P and does not need regulations or licence.

Edgeless devs said they are waiting for licence.

Agree edgeless is currently working on a casino license, if they get it. They can just be in business like every casino, so no treat from the EU or other government, unless they want to take on all the casino's that have a license but that won't happen in the next 100 years.

Metros

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Wagerr is P2P and does not need regulations or licence.

Edgeless devs said they are waiting for licence.

Aetrader

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Any blockchain project that is playing in this space should address these potential issues! So far I'm not finding anything from Wagerr or Edgeless on the matter. Lips sealed

x_crypto

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As much as I admire the optimism, there needs to be a little realism.

Starting with ICO's, I am sure these will be curtailed soon with the SEC coming down hard on them.

Secondly, if enough governments deem crypto to be an economic threat, they will most definitely find a way to come together to interfere, how they will do that is anyones guess.

I'm as much a believer about crypto as anyone else, but I see it playing out slightly differently, with more emphasis on blockchain platforms than currencies. But that's moving away from the topic.

tehMoonwalker

sr. member

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well the whole cryptospace has that fear, but you cannot stop us, we are a unstoppable lifechanging force of anarchy and freedom.

are there some hurdles along the way? damn yes

https://twitter.com/tehMoonwalker/status/875341169022181378

x_crypto

newbie

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not just that, but for example in the US a lot of states are against online gambling, some have even banned it by law

also in the UK and other places the gambling authorities require user funds to be segregated etc

as tempting as it is to invest, I just can't see the people behind both of these projects standing up to continued pressure from the US/other authorities

but the ideas themselves are revolutionary

bearex

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Hmm you are onto something here, i agree. Because most countries want a regulation, like age restriction. But i think that could be implemented (if it becomes necessary), so it would become legal.

x_crypto

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Both Wagerr and Edgeless look like great projects in their respective concepts, I am talking about their ideas, not necessarily the teams behind them.

However, the massive elephant in the room seems to be the threat posed by regulation. And yes we are all of the belief that "they are on the blockchain" and therefore can't be shut down, but I don't doubt that is a powerful regulatory body based out of US/Europe became interested they would find a way to bring a stop to the services.

Any views?

Topic: Wagerr and Edgeless - Regulation? (Read 774 times)