|ICO Time:||1 Jun, 2017 - 25 Jun, 2017|
The Wagerr testnet deploys, allowing players to preview Head to Head bet matching and general wallet functions. Oracle Masternode owners can become familiar with their operation and test different configurations for best results.
The blockchain mediates bets between two players taking opposite sides on upcoming sporting events. The fee for an executed contract is 2% of the payout. 1% goes to the processing Oracle and 1% gets burned.
Wagerr implements a system to reward ambassadors for bringing new business to Wagerr.
Sports betting on Wagerr expands to include e-sports. Place bets on the next generation of professional digital gaming leagues.
To make it easier to find and fulfill more bets on low volume events, the system allows multiple players to be paired against a single bettor. This ensures that large bets do not require an exact match to forge a contract. The fee for this transaction is 4 percent. 2% of the fee goes to the Oracle processing the transaction and 2% gets burned.
The Challenge and Rematch system allows the player to message previous betting partners, issue challenges, and ask for rematches. This expands on the concept of an address book by allowing users to see, track, and rematch past players and easily invite friends to use Wagerr to bet against one another.
Wagerr gives the player the option to forgo looking for a match and bet directly against the chain, which takes the other side of the bet automatically. The fee for this transaction is 6 percent. 3% of the fee goes to the Oracle Masternode that processes the request and 3% is automatically burned.
For Direct on Chain betting, Wagerr incentivizes betting on the other side when one side gets overweighted. This self-regulating feature of the blockchain minimizes network payout liability.
Wagerr opens to bets on games in progress. Users can take real time lines to bet on who will score next, the score at end of quarter/period, the number of offsides or penalties in the game. Odds adjust dynamically to balance betting volume and direction.
Wagerr adds currency interchange capacity directly within the modern wallet. This functionality facilitates entry to the Wagerr network and exit to Bitcoin, alts, or fiat.
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