Bet on the blockchain!
The Wagerr Betting release is here. Following successful public and private testing sessions, we are ready to enable betting functionality directly on the blockchain. This requires a hard fork.
New Wagerr wallets will be available for download from GitHub on September 11th.
The new wallet software prepares the network for a fork at block 298386 which occurs at approximately 6:00 PM UTC, Thursday, September 13th, 2018.
The Mainnet fork will enable our first iteration of “Direct-Chain” betting. With Direct-Chain betting, users can place bets against the chain itself, and the chain will burn and mint coins as required. The betting fee is 6% of the profit from winning bets. The Oracle portion of the betting fees will be distributed to all active Masternodes.
The 6% fee means that Wagerr will offer some of the most competitive odds in the world for major events. Not only will Wagerr offer some of the most competitive odds in the world, it will also be accessible and usable by bettors all over the world without restriction. On September 13th, Wagerr will be introduced to the world as the only application of its type: an unrestricted, globally available, provably fair betting network.
As a result of the introduction of distributed ledger technology and the Wagerr team’s incredible work building a decentralized blockchain with a functioning Oracle layer and strong economic backbone, the disruption of one of the world’s largest industries is about to begin.
First event: Canelo vs. GGG 2
Wagerr’s first Mainnet betting event will be the Canelo vs. GGG 2 boxing match taking place on Saturday, September 15th.
What better way to introduce a universally accessible, decentralized betting platform, than with a highly anticipated global sporting event! People from all over the world will tune in to one of the biggest boxing rematches of all time, and now they can wager on it securely. No matter your location, you will be able to bet on it using Wagerr.
Stay tuned to our social media channels for updates on the wallet release, upcoming fork, and betting functionality. Do not miss out on history in the making!