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Technology Stocks : wagerr - betting belongs on the blockchain

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From: Elroy2/19/2018 4:18:02 AM
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Wagerr completed their ICO back in June 2017. People who bought Wagerr coins in the ICO (5 cents up to 10 cents each) could hold them on the Wagerr main web sight or transfer them into the Waves blockchain (where they were "Wagerr on Waves" tokens).

The Wagerr tokens on Waves have been tradeable since the ICO ended, but they didn't have any active function.

On Feb 16th a few days ago Wagerr launched their blockchain. It's publicly accessible (although it still doesn't do much of anything).

Today Wagerr announced how to transfer Wagerr Coins from the main Wagerr web sight or from the Waves Blockchain to the Wagerr blockchain.

news.wagerr.com

So ..... Wagerr now has an active blockchain where Wagerr coins can be held in wallets, transferred between wallet holders, and off it goes. The Wagerr blockchain still doesn't do much of anything, but over time features are supposed to be added that allow individuals to bet on sporting events using the Wagerr coin.

One Wagerr coin today is about 50 cents.

This is fascinating stuff.

The big "next step" (I think) is the explanation of how to set up and run a masternode (masternodes are the servers that manage the wagerr network.

The Wagerr blockchain is on block 5,144 as I write. There are no "rewards" for running a Masternode until block 10,000. So......I think the Wagerr team will release the explanation of how to run a Masternode before block 10,000, which is expected to occur in a few days.

After that, the two big developments are

1. Testnet - testing the betting code to make sure it works. Not sure if we will get to see this or not, but maybe.

2. Exchange relationship. They've said they expect Wagerr to get listed on a "top 5" exchange fairly soon, and that will allow people to buy and sell Wagerr.

Interesting stuff.
In the meantime, Wagerr tokens still trade on the Waves DEX.
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