Do I Own a Shitcoin?




Wagerr - Shitcoin Review

on Sep 24, 2018


WAGERR WGR WAVES



We BET that you haven't heard of today’s token.

Wanna BET?

How much you wanna BET?

Okay...we bet you already know that today’s coin has to do with….betting.

Well...you bet right!

Today’s review is of Wagerr….(that’s not a typo, two r’s is correct...classic shitcoin amiright?)

Let’s dig in….

 

Wagerr (ticker: WGR)

Mid-Tier Shitcoin (kinda on the lower end)

 

Wtf is this shit?

First off, something unique about this coin….it has a live mainnet!

Anyways, Wagerr is a sports betting platform originally on the Waves platform. This was a Waves token, not an Ethereum token, so if you tried sending it to your Ethereum wallet...that would suck. You can find Wagerr on YoBit, the Waves DEX, and other shit exchanges.

They introduced Application Specific Smart Contracts (ASSC) which are smart contracts that serve a very specific purpose and only accept fixed parameters. They claim this helps with scalability.

Wagerr has oracle masternodes which require 25,000 WGR as collateral, and these oracles earn WGR by collecting and posting sports data. They can offer data through paid sports betting APIs, scraping sports data online, and manual entry.

These oracle masternodes earn block rewards as well as 50% of betting contract fees. The number of oracle masternodes allowed at the moment is 2,000.

Honestly, that’s kinda it...quick one here. Per usual, we’ll provide our opinion below.

 

Who tf is behind this shit?

Daivid Mah is the founder and CEO of Wagerr. He is a practicing physician in Australia (pretty cool), and has been involved with blockchain tech since 2013. Let’s see if he can pump this shit (lol).

 

All in all, mid-tier shitcoin. We feel it is limited compared to more general betting platforms and feel their marketing kinda sucks. We also are not sure how we feel about the 2,000 masternode limit...why would you really want to limit that? Also..where tf is their whitepaper? We didn't see it on the website.

 

Welp, as always, hope you learned some shit.

 

Chat soon!

- Mike and Aaron