Tokens will be released no later than 1 week after close of ICO. Tokens will be issued on the WAVES platform and then those tokens will be swapped for legit Wagerr tokens once the official blockchain launches.
They took this approach so you can trade your tokens immediately after the ICO closes, should you choose to do so, rather than having your funds locked up until Q3 of this year.
I thought they would be ERC20 tokens on Ethereum? Have I misunderstood - perhaps that's what WAVES does, but I'm not familiar.