What is Wagerr?
Let’s face it, everybody knows someone that loves to place bets on sports. Wagerr is a cryptocurrency designed for a safe and secure way of betting on various sporting events. Betting worldwide is a three trillion dollar ( USD ) industry and Wagerr looks to have a big piece of that pie. With fees as low as 2%, it’s competing with bookmakers all over the world, along with additional features like creating fantasy leagues.
Every time a bet is placed using Wagerr coins, the transaction fees are split in three different ways. 48% of the coins are destroyed, 2% are kept for future development, and 50% is given to what is called Oracle Master Nodes. This process is called Value Coupling and it’s intent is to increase the value of Wagerr coins.
How do you Invest In Wagerr?
Currently, the only exchanges you can buy and sell Wagerr coins are Waves Decentralized Exchange and Tidex, as of July 8, 2017.
I had heard of Wagerr from a close friend of mine in the very early stages of the ICO, when it opened at 0.05 USD. The distribution of the coins was clever – having 10 rounds of 100,000,000 coins. 15% of those coins weren’t sold, but were given to the initial investors as a bonus. The Wagerr team promised if 10 rounds were sold before the contingency date, an additional 10 rounds would be added with the price increasing half a percent per round. That means by round 20, each Wagerr coin would be worth 0.10 USD, doubling for the early investors. That’s not all though, buying 1000 Wagerr gives you a chance at winning a golden ticket worth 15,000 bonus coins for rounds 11, 14, 16, 17, 19 and 20. Each of these bonus rounds had 10 golden tickets available.
Taken from Wagerr.com
Wagerr has gone as high as 0.121290 USD without any person placing a bet. In my opinion, this is a very promising coin with a sharp and knowledgeable team backing it. David Mah, the CEO of Wagerr, has been extremely helpful in their slack channel, answering every question investors had in the early stages. Make sure to keep this coin on your radar at coin market cap.
Sources:
https://coinmarketcap.com/assets/wagerr/
**Disclosure:**I have a position or beneficial interest in Wagerr
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