<INDEPENDENT REPORT> Why I Invested In Wagerr and my independent review of the ICO
DISCLOSURE: I have nothing to do with the Wagerr team and am not compensated from them (I don't even know any of them). This report is 100% independent and it's my opinion not influenced by the investment I'm reviewing, all my financing is from reader donations and STEEMIT up-votes, therefor I don't owe anything to the platforms I review, only my subscribers and supporters! (Thank you!).
I spent tons of time researching crypto currency and picking investments and uncovering the scams so we don't get stuck holding the shit-coin bags (there are more and more of them).
In this report I want to talk about my first ever ICO and why I chose them. Feel free to comment on any part and tell me if I made any mistakes and share your views. The more we know the more we make. In the crypto world information is coin!
WHAT IS WAGGER?
Wagerr is a decentralized sports book that is blockchain driven. Now I know that in all countries around my country in East Europe especially my country people consistently bet on sports games. I have never made a bet on a game and have no clue how to do it. My main problem is I don't invest any time to figure out who will win or loose, but I know a huge % of the male population does bet on games which is why I think this concept has great potential and I decided to invest in it.
HOW DOES THE BETTING WORK?
So from what I understand there is an espcrow for the bets. The escrow verifies the the results and pays the winners. So the big promise of Wagerr is that they will eliminate the central authority which in turn will reduce corruption.
YOU CAN BE THE BOOKEEPER
I have to admit I don't understand this part werry well yet, but for about 20K Wagerr you can be the bookkeeper. I might be wrong, but if they allow some type of nodes or something to set the bets and oddd this platform can be huge. In other words a Tennis enthusiast can setup shop on Wagerr platform and start making odds on say the Wimbledon tournament and earn from that. If this is the case, it's going to grow the platform because there will be more and more of both players and bookies.
SYSTEMATIC DESTRUCTION OF FEES
From what I understand they will slowly over time destroy the fees in order to create supply scarcity over time. This will have an effect on the price of Wagerr going up in terms of fiat Euros especially if more and more players join the platform if it functions the way they promise and if they do a good job marketing the platform. So far I have good expectations on the marketing since the website, anouncement video and overall look are just amazing.
RECOMENDATION
My recomendation is that at 5 cents this is a good risk/reward investment. They have 20 rounds and at time of writing this it's at round 12. I give it a positive review and recomend this platform. Of course do your own due diligents and only invest what you can loose, but my money is in and lets see what the next year brings us from Wagger.
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Got a lot of these babies. For me, WGR is the crypto with the most potential.
Use case, monetization and technology make a lot of sense, and market is massive.
Happy to share my referral link to promote this coin.
Hey, how would I invest a small amount into wagerr? Thanks!
Hi @abh12345,
Here's just 1/2 of Litecoin (LTC) you get 200 WGR on this URL: http://www.wagerr.com/dashboard
So you need to first make an account then just type how many WGR you want, they are in round 14 of 20 right now of the ICO.
Excellent thank you. Is there a referral program you can link me with?
@abh12345 they don't have a referral program if you end up liking the program just invest I don't need to profit I invested some of my money and if it works out I'll make some profits next year if this works out, that is enough. Feel free do donate some if you end up making money :) but no obligation. Good luck!
Ok will do! As a member of Betfair since the Flutter buyout, peer-peer betting has always seemed like the way forward, so I do think it is work getting
Involved early here.
Thanks @abh12345 I have a good feeling and at 5 cents my prediction is when they finish most investors will not dump below other then if they are desperate for cash so worst case scenario I think maybe we see 4 or 3 cents right after that is if many of them dump but then it will recover and go up. I see us making 100% or more after since there is a real world use for this coin and right now it's cheap. So if DEV team does what they promised we should do pretty good. Time will tell but I'm in on this one.
I'm officially in now too, thanks for your help!
Your welcome, hopefully we will be happy next year with our investment :)
Based on this particular article and my understanding of how this block chain is going to work, i decided to invest at round 17.
Thanks for the review!
Thanx for the review..I picked up some