Wagerr Weekly: 12/29
2019 was an amazing year for Wagerr!
🔎 Electron app made betting faster, simpler, and more searchable.
📱 Android app took betting mobile
💰 $11 million USD bet on 5,352 sports betting events
🌅 $200k USD bet in one day!
💖 $161k USD paid in oracle rewards
More in store for 2020!
Electron Betting App
The Electron App was a real game changer for Wagerr this year. This user friendly, scalable application made it easy for anyone to use Wagerr. Released in August, the new app features a slick UI with many more events and leagues and the best odds in the industry. Recent updates have made it much faster and easier to sync. Without a doubt, Electron is the star of 2019.
Massive betting volume
Wagerr was built for big volume and 2019 delivered. More than 206 million WGR was bet on the platform across 5352 events. That's almost the entire coin supply bet in a single year! It's a tremendous achievement that showcases the utility and promise of Wagerr, the sports betting blockchain.
To put the 2019 betting volume in perspective, that 206 million WGR translates to $11.3 million USD bet on the Wagerr platform. This rate of volume growth suggest even more impressive betting volume to come in 2020 and beyond.
The consistently high betting volume in 2019 meant that Oracles shared more than 2.8 million WGR in rewards. This strong incentive is the reason so many community members support the network by operating Masternodes.
$200 thousand USD in one day
In late October, Wagerr made a significant record in daily betting volume: $200,000 USD in one day. Then, on a Sunday in mid-December, Wagerr made another record: the daily WGR volume topped 3.26 million. What is even more exciting is that, even in the slow last two weekends of December, the Sunday figures were still comparable, falling just short of breaking the record.
In addition to the Electron App, Wagerr introduced the Andoid mobile betting app. Now it's easy to bet one Wagerr, any time, any place. Wagerr also introduced an iOS wallet app, making it easy to manage your Wagerr wherever you are.
You can expect to see more innovations in 2020 including more mobile and light betting clients that make it even easier to access the network.