Quote from: Edgemaster on May 20, 2017, 04:39:22 AM

Quote from: darktt on May 20, 2017, 03:56:36 AM

I like your idea. But i think 2-6% is too much for players, why they should go to wager for place bet with huge fees?

Wagerr's fee structure is competitive with traditional sportsbooks.

Here are some reasons bettors might choose Wagerr:

Since betting is prohibited in some regions, bettors don't want their assets confiscated by governments or crooked bookkeepers. Wagerr provides a better alternative:

Wagerr payouts are reliable and fair.

Wagerr is secure, safe and distributed.
Because it's a distributed network, no government can shut it down or block betting activity.

There are several reasons Wagerr needs to charge fees:

The Oracle Masternodes that secure the network and function as consensus agents do crucial work that makes the system function safely and reliably. The fees compensate the Oracle operators for their work of forging contracts, retrieving sporting event outcomes, and consensually validating the outcomes that trigger payouts. The fees function as a crucial incentive to maintain the system.

Just like traditional bookkeepers, the Wagerr network takes risk whenever it takes a bet on the blockchain because the network has to pay out all winning bets. The fees partially offset the risk. And while the blockchain doesn't really care if it has to pay out the winners, everyone who holds Wagerr tokens cares a lot. The fees offset the risk to the value of the WGR token.

Since about half the fees are burned (48%), the Wagerr economy and the people who hold WGR tokens are also protected from dramatic changes in the WGR token's value. Systematic proportional destruction of WGR tokens keeps a check on the coin supply, stabilizing or even improving the price of Wagerr. And that's important because when people bet on Wagerr, they want to get a payout that has at least the fiat value they expect. If the Wagerr economy were not self-regulating, bettors would be taking much greater risks. The way we've designed Wagerr, however, actually opens up new opportunities for bettors to profit.

Best reply I've seen. Amazingly solid. I wish all teams were this responsive. Never saw an ICO with such clear and compelling presentation. Anyone thinking of doing one should look to this as a model.

Wagerr seems to have something to offer more than I can say for most ICO coins. So many getting BTC lol, but they don't have tech, team, or a plan. How are they going to succeed. This campaign raises the bar. It's about time.

When will meme campaign start? I'm working on some ideas, but I need the blank canvas to work on official one.