DISCLOSURE: I have nothing to do with the Wagerr team and am not compensated from them (I don't even know any of them). This report is 100% independent and it's my opinion not influenced by the investment I'm reviewing, all my financing is from reader donations and STEEMIT up-votes, therefor I don't owe anything to the platforms I review, only my subscribers and supporters! (Thank you!).
I spent tons of time researching crypto currency and picking investments and uncovering the scams so we don't get stuck holding the shit-coin bags (there are more and more of them).
In this report I want to talk about my first ever ICO and why I chose them. Feel free to comment on any part and tell me if I made any mistakes and share your views. The more we know the more we make. In the crypto world information is coin!
WHAT IS WAGGER?
Wagerr is a decentralized sports book that is blockchain driven. Now I know that in all countries around my country in East Europe especially my country people consistently bet on sports games. I have never made a bet on a game and have no clue how to do it. My main problem is I don't invest any time to figure out who will win or loose, but I know a huge % of the male population does bet on games which is why I think this concept has great potential and I decided to invest in it.
HOW DOES THE BETTING WORK?
So from what I understand there is an espcrow for the bets. The escrow verifies the the results and pays the winners. So the big promise of Wagerr is that they will eliminate the central authority which in turn will reduce corruption.
YOU CAN BE THE BOOKEEPER
I have to admit I don't understand this part werry well yet, but for about 20K Wagerr you can be the bookkeeper. I might be wrong, but if they allow some type of nodes or something to set the bets and oddd this platform can be huge. In other words a Tennis enthusiast can setup shop on Wagerr platform and start making odds on say the Wimbledon tournament and earn from that. If this is the case, it's going to grow the platform because there will be more and more of both players and bookies.
SYSTEMATIC DESTRUCTION OF FEES
From what I understand they will slowly over time destroy the fees in order to create supply scarcity over time. This will have an effect on the price of Wagerr going up in terms of fiat Euros especially if more and more players join the platform if it functions the way they promise and if they do a good job marketing the platform. So far I have good expectations on the marketing since the website, anouncement video and overall look are just amazing.
RECOMENDATION
My recomendation is that at 5 cents this is a good risk/reward investment. They have 20 rounds and at time of writing this it's at round 12. I give it a positive review and recomend this platform. Of course do your own due diligents and only invest what you can loose, but my money is in and lets see what the next year brings us from Wagger.
PS: If you like my reports please feel free to support in any of the tokens below. It will help pay for future reports and so I don't have to get new clients and just focus 100% on finding new investments and opportunists and warning you about scams. I would like to do this full time, but need support. If you don't see your token, please comment below i'll try to list it. Thanks.
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