Wagerr is a decentralized blockchain platform that looks to enhance the betting industry by offering superior features than the traditional betting network which users are experiencing today. It is self-regulated and prevents possibilities of manipulations and corruption. There are no central authority restrictions.
Wagerr applies the Application Specific Smart Contracts (ASSC) and Oracle Masternodes to update and execute the smart contracts as well as the game results. The token it uses is WGR that has an initial value of $0.05.
Users pay a low fee to place a bet on Wagerr. The system runs on three types of betting.
Wagerr has introduced a new Waves token wallet. With the Wagerr wallet, users can keep a track of their balance and the transactions. Wagerr charges a transaction fee on the winning side of 2% on head to head betting, 4% on multi-user betting, 6% on direct chain betting. In addition, there is a 0.00001WGR transaction fee and if the bet value is below 1WGR, the fees charged is triple.
Because of its built-in deflating mechanism, Wagerr network maintains its control and protects the WGR token holders from running into any loss. By destroying 48% of the bet fee, it maintains the equilibrium retaining its value. The betting fee is lower than the others in the market. It ensures more margins and the possibilities of winning higher stakes are more. Even holding on to the WGR can give the users incentives. There is no risk involved of losing money since the players can only bet an amount for the WGR they hold.
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