Place your bets
Wagerr has launched the world’s first blockchain enabled “Direct-Chain” betting protocol. Users can safely place bets on the blockchain all over the world and reap rewards without the need for a centralized authority.
The betting application, which provides decentralized, unrestricted, and global access, is available either on a personal computer or via Android OS. By leveraging the power of blockchain dApps, Wagerr is seeking to solve betting problems such as best odds, blacklist problems, control of bettor’s freedom to maximize profits, and issues relating to restrictions in placing bets or while cashing out . Additionally, the betting fee is just 6% on winnings. The low fee ensures that the most competitive odds are offered. Half of the fee is “burned” (the outstanding supply is reduced over time). Forty percent is then distributed to the active WGR Masternodes.
Through Oracles and Masternodes, Wagerr is able to utilize an incentive mechanism that offers an economic model to non-crypto adopters. This is useful not only for bettors but also for supporters of the network at the technical level.
Wagerr utilizes distributed blockchain technology to perform the betting contracts. This involves using escrow facilities for stakes, results verification, and pay-outs to winners. This therefore eliminates the perennial problems of central authorities as well as reducing corruption in betting. The decentralized user-to-user betting approach and the built-in mechanisms ensure rewards go to the rightful participants. The use of blockchain also helps in solving scalability concerns.
Free from all regulatory authorities, both casual players and experienced veterans have access to the inbuilt easy to use wallet which integrates advanced options. Such options include sports entertainment, multi-user betting, peerless direct chain betting and organizing the line for head to head bets.
The release of Wagerr’s blockchain-enabled betting app aims to disrupt the betting industry by positioning the company as a pioneer of technology-driven sports betting in the world.