Wagerr (WGR) Analysis
Market Cap
$6,388,247 USD
Volume (24h)
$16,609 USD
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Wagerr investment analysis
Wagerr is a decentralized sports betting platform that is free from the control of any central authority figure. They offer gamblers the ability to utilize trustless smart contracts in order to ensure that the bets they place will be honored when they go to collect their winnings.
By automating the process of verifying bets and completing payouts to the relevant parties they solve one of the biggest problems with the online gambling sector: corruption. It can often be hard to tell if you will actually receive a pay off with some other platforms in this niche, but thanks to the blockchain you can be sure of it with WGR.
The team behind this project has also made efforts to create an easy to use platform that people of all experience levels can enjoy. If you choose to make a Wagerr investment, you can also earn income by staking your tokens or running a node that will assist in the verification of transactions on the project's native chain.
This asset is also subject to something called "value coupling" where a portion of the fees of all transactions will be burnt, resulting in a lower coin supply to drive up the demand of the underlying asset. There's some excitement surrounding them right now as they become the only project where users worldwide can place their bets on the 2018 world cup.
The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.
The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.
How to buy Wagerr?
Investors can buy Wagerr on a number of exchanges, but some of them might be more unusual. However, there's still plenty of volume on these providers to place a quick trade. Bitcoin is the highest volume trading pair, with waves coming in at second place. While there are some other options, most of them have little trading volume. This could make it difficult to execute a trade with these other pairings, but Ethereum and the US Dollar are options as well.
In order to store your tokens, it would be best to utilize the official wallet from the project's website. The team has made available installation packages for Windows, Mac and Linux operating systems. After downloading and installing the correct wallet software make sure to create a back up of your wallet file, and stow it away in a safe place. This will be the only way to retrieve your funds in the event of hardware failure.
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