The Wagerr Betting platform is celebrating its second year of operation. A significant milestone for any crypto protocol but particularly for one in such a competitive industry like gambling.
How has Wagerr thrived?
Wagerr brings to market a true innovation in betting. Unrestricted, Anonymous, No limit betting cannot be replicated with traditional technology and is why Wagerr has such a vibrant future. But before we look too far into the future lets take a step back and see what Wagerr has achieved over the last two years.
Out with the old in with the new!
At the end of Wagerr's first year the Electron wallet was released bringing with it a much slicker betting UI as well as the ability to support much larger events simultaneously. And it certainly worked we saw an increase in betting events of 435% in our second year.
More WGR More USD
The betting volume certainly responded in the second year where we saw an explosion of WGR betting come online. On a Year-on-Year basis WGR betting volume increased 210%!
Using the daily price of WGR we are able to calculate the USD betting volume on Wagerr. This increased 45% to 12.75 million, a great milestone considering Year 2 was a year of limited sports with Covid-19 restrictions and a generally slumped Crypto market.
With more betting volume Masternode holders earn more rewards, making for a more appealing proposition for users and crypto enthusiasts. This is the strength of the Wagerr product which provides real value and utility to its users. Something that many Crypto projects have struggled to deliver on.
New year resolutions!
A new year brings new possibilities and our third year of operation is set to be our biggest yet. From product developments to partnerships, Wagerr is gearing up for a massive expansion of the Wagerr platform......How about a sneak peek?
Firstly, We're rebranding! The new Wagerr logo is simple and aligns to the simplicity of the Wagerr betting platform. The "W" is a nod to the elegant design of the Wagerr tokenomics that couples the value of the WGR coin to the value of the Wagerr betting platform. It's not just the Logo we're updating though, with it comes a whole new Website that helps new comers learn and get started on the Wagerr platform much faster.
Secondly, We're introducing a web based betting platform, allowing users to get started on Wagerr immediately with very little friction.
No Syncing, No nodes, no problems!
The web based wallet will be open source allowing affiliates to rebrand the web wallet and utilise the Wagerr engine to power their operations. It will expand the Wagerr universe whilst driving betting volume to the protocol and the Wagerr ecosystem.
There is plenty more but we wouldn't want to ruin all the surprises. Wagerr is truely revolutionising the betting industry by building a new incentive based system that rewards all stakeholders who add value to the platform. The best news? Wagerr is still just getting started!