Basically wagerwithastranger is a blockchain based app utilising the smart contracts protocol.
How we work is you buy our token with btc or ETH from either our own website or a dedicated exchange
This enables you to place a wager with a stranger what this entails is pick an event available on our app or website decide how much you want to bet and on what event available at the time this will then match you with another person to initiate the bet with.
So for example Dortmund and real Madrid are due to kick off so John bets 10 tokens on Dortmund to score first another we will call Frank for example will see there's 1 open bet where John has bet 10 tokens for Dortmund to score first but Frank thinks Real Madrid will score first so Frank matches the bet and also puts in 10 tokens now the smart contract enforces this bet so if Dortmund score first John gets all the wager and if real Madrid score first Frank gets all the wager if there is no score then both parties are returned there wagers.
Another function is the between friends feature where say you and a friend have a wager with each other verbally which creates no agreement so is solely based on trust.
This is where it gets interesting by using the smart contract method you can both put your wagers onto the site or app and generate what you are both betting on the smart contract will execute by using a 3rd party to verify the outcome of the wager once verified the correct party will be paid out.
Thus allowing to 100% get paid if your wager comes true.
As I said before just getting feedback on this concept from you guys and any thoughts or comments you may have.
Look forward to hearing your thoughts on this project.
Details of website,app develepment,whitepaper,roadmap and The Team to follow in the very near future.
Many Thanks
Wagerwithastranger