Topic: Wagerr [WGR] the sports betting blockchain - page 2. (Read 3179 times)

Our ICO launches in less than 3 days ! Decentralized sports betting on the block chain

thank you for your kind words, we hope members in the gambling forum can give us their opinions as well

i am not much of a betting man in sportsbook or other table games but i do bet once in a while if theres is a match i am excited about.
what i really like about this project is the ability of users to invest on the house in a secure way. because i suck at trading altcoins maybe this is a slow but sure way of growing my crypto holdings

I ve reading your white paper,really cool,i hope you will be able to that fast as you can.Best luck

sorry i meant this topic

What do you mean as "this channel"? This topic? The Gambling section? Some other external site or channel?

We have read the peerplays whitepaper, and website.  We just conducted another search through it, Here are all the words missing from the website and white paper that you/they are claiming peerplays has,  

Masternode,
Oracle,
Coupling,
destroyed,
burn,
deflation,
inflation.

They dont explain in anyway how the events get confirmed and how they are incentivized to do so.

They dont explain how the events are posted and confirmed in a decentralized manner.

im still puzzled how they can say they have oracle masternodes and not even have the words mentioned on their site.. or in their whitepaper.
 
Also this is saying they have a deflationary economy

yet again the words deflation does not exist in the whitepaper or site

value coupling IF they have it, it also is not mentioned or explained in any way.

What they do have mentioned is profit sharing , and that is simply the idea that all portions of their network get slices of the fees, no mention of deflation of any kind , just distribution of the winnings and fees

here they show what happens to the fees



none of which create deflation

nor respond to it according to its use, which is what value coupling is

so ultimately i have to disagree with your accuracy of this graph, due to the fact that with a simple 10 mins search its clear peer plays has none of what you say.

Also we have downloaded the white paper. SO do your due diligence and don't just listen

It is also worth noting that it seems they do say that they have partnerless betting, no explanation  to how it is achieved. but i would be inaccurate to state they they didnt, we will update our graph accordingly.

https://i.imgur.com/UlbKlBo.png
Peerplays (Community) response

I checked this with Jonathan from PeerPlays. He says that 6 of the  'no's should be 'yes'. Only ASSC smart contract does not apply to PeerPlays. And I have to say... I also think that this table does not depict the PeerPlays capabilities correctly. Can you enlighten me on this?

it is only possible to achieve what we want using a new blockchain, and not using a BAAS. also adding masternodes as the oracles to provide consensus results and value coupling to create a deflationary economy are our strong points. This network will be completely decentralized.

we are rushing the white paper so that it is ready 1-2 days before.

In regards to the competition, this table sums it up

Couldn't find whitepaper, project looks interesting but we can't understand much without reading whitepaper. Its quite surprising that its been over a week since you guys have posted ANN thread in this forum, but still haven't published your whitepaper.

Anyway I will have close eye on ICO.

So this is similar to vdice? Where you bet using ETH using smart contracts, I am assuming you will create something similar to this as from your descriptions that is what you plan to do. The only difference here is that you'll be creating your own coin to bet with and not really using the existing ones that already have this feature of smart contracts.

White paper on the day of the ICO launch? Bit late imho. Publish it before, or move ICO a few days later. The idea is promising though. Big competitor in this market: www.peerplays.com. Always good to know where you up against

For those participating in our signature campaign , there will be additional credit for those posting in this channel. However the post will have to be on topic about gambling, betting and various sports.

Wagerr: the sports betting blockchain

Wagerr (WGR), a fully decentralized sports betting blockchain, announces its Initial Coin Offering. The ICO runs June 1st-June 25th.

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.

No more worries about changing regulations or crooked bookmakers. Say goodbye to risk and regulation, and say hello to Wagerr, an asset optimized to grow in value as the Wagerr economy absorbs pent up demand for secure, trustless betting.

Since the Wagerr system is significantly superior to traditional sportsbooks, we expect broad adoption. And through a mechanism called “Value Coupling,” betting activity over the Wagerr network is a deflationary engine that drives the value of the Wagerr token.

Here's how value coupling links usage of the Wagerr network to the price of the Wagerr coin:

Y’know how they say, “The House always wins?” That’s because bookkeepers bet on a sure thing: fees. Wagerr charges a modest fee for the service, just like traditional bookkeepers. But unlike mainstream bookkeepers, the Wagerr blockchain actually destroys about half of every fee. Since this reduces the coin supply, increased adoption of Wagerr as the sports betting blockchain gradually drives up the market value of Wagerr. What's good for bettors is great for investors; it's a simple matter of supply and demand.

Thanks to Value Coupling, anyone who holds Wagerr potentially benefits from this “house advantage,” because burning fees is the mechanism which drives a deflationary economy — meaning that the Wagerr token grows in purchasing power over time.

Larger scale investors have an additional opportunity to earn returns by operating Oracle Masternodes, which function as consensus agents — forging all betting contracts and retrieving sporting event outcomes. Oracles not only collect fees for this work, but also win fixed periodic block rewards. What’s more, the Wagerr tokens earned can increase in value as the Wagerr economy grows.
If you’ve lived in the digital currency space, you’ve seen a lot of ICOs. But Wagerr is a game changer, both for sports betting and for digital currency.

Early supporter bonuses begin May 25. Don’t miss out! Register for Wagerr ICO updates on wagerr.com to stay informed and get ready. You’ll also find more Wagerr news and info, including the development roadmap.

Keep an eye on the Wagerr bitcointalk.org ICO announcement thread wagerr.com/ANN for promotional opportunities to win free Wagerr and bet on sporting events.
https://bitcointalksearch.org/topic/ann-ico-wgr-wagerr-the-betting-blockchain-bounties-1911583

Be sure to check out Wagerr’s first two video presentations at https://vimeo.com/wagerr
• “What is Wagerr?” gives an introductory overview of how betting with Wagerr compares to traditional sports betting.
• “Value Coupling” explains Wagerr’s compelling economic model in greater depth.

Join slack.wagerr.com to interact directly with the Wagerr team. We welcome your questions.

Join the ICO. Run a Wagerr Oracle Masternode. Be the House.

Wagerr: Accessible. Fair. Safe. The future of betting belongs on the blockchain!