I've been keeping an eye on this Wagerr project — looks cool with solid team.

Agree about "holy grail"  — so, I've been trying to price out what this would be worth at ICO. They don't say the price. I wouldn't pay more than a dollar per coin at this point — but I wouldn't be surprised if it hit a buck once it starts trading. but will grow even more when you can use for all kind of betting.

I got my eye on u, Wagerr!

blows on dice

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.