What is Wagerr? | Best Wagerr Wallets | How to Buy WGR Token?
Designed for sports and marketed for the World Cup, Wagerr defines itself as a decentralized sports book that changes the way the world bets on sports. That feels like a somewhat ambitious mission statement at this point, but it speaks to why we can actually look at this particular currency as a possible trendsetter. That is, even if Wagerr itself has modest value and little brand recognition at this point, it may be the first of several attempts to turn sports betting into blockchain activity.
If you want to get into the details, there are a few features that make Wagerr particularly appealing for sports betting, at least in theory. One is that its decentralized nature means it’s free of any regulatory body, which essentially means there isn’t actually a sportsbook looking to take advantage of users. Another is that the so-called Oracles that verify transactions do so for lower fees than you usually get when betting (2-6% as opposed to the more standard 10%). And perhaps most importantly, the same Oracles facilitate value coupling tokens, which is a little bit complicated but essentially means the more people bet, the more valuable Wagerr becomes.
The reason this seems like a potential trendsetter is crystal clear: sports betting is coming to America, where Wagerr is based and where blockchain innovation is taking off. Right now it’s tough to predict exactly what the U.S. sports betting the market will end up looking like. It will certainly be happening at casinos in select states, and lately, there’s the talk of betting activity coming to American stadiums (as predicted by an actual NBA owner). We’ve also heard about sports betting making its way into bars, most notably the massive Buffalo Wild Wings chain. But even if these things all come to fruition, there’s another avenue for sports betting that seems inevitable, which is an emerging app market.
The potential for sports betting to emerge online, and not just in stadiums, casinos, and bars has already led to talk of cryptocurrencies benefiting from the legal sports betting push. This could well be the truth, but Wagerr has introduced the possibility of cryptocurrencies emerging from legal sports betting rather than existing ones getting a boost.
It’ll be interesting to see how this turns out over the next few years while betting becomes more widely legalized and more commonly practised.
Wallets for Wagerr
Wagerr is an ERC20 token which can be stored in any ERC20 compatible Ethereum wallet. Below are some popular and trusted wallets:
| Wallet Name | Wallet Type | Supported Coins | Link |
|---|---|---|---|
Atomic Wallet | Desktop, Mobile | BTC, LTC, ETH, TRX, XMR, DGB, QTUM, XLM, ZEC, XRP, BCH, ETC, DASH, AWC, BTG, DOGE, TPAY, VET, many more... | Go To Website |
Ledger Nano S/X | Hardware | BTC, BCH, BTG, ETH, ETC, LTC, ZEC, XRP, DASH, STRAT, KMD, ARK, UBQ, VTC, VIA, NEO, XST, XLM & 1,000+ more | Go To Website |
MyEtherWallet | Web | ETH, ERC20 | Go To Website |
Trezor Wallets | Hardware | BTC, BCH, BTG, LTC, DASH, DOGE, ETC, ETH, ERC20, NEM, NMC, ZEC, EXP, UBQ... | Go To Website |
Coinbase Wallet | Mobile | Multiple Coins and Tokens | Go To Website |
MetaMask | Browser Extention | ETH, ERC20 | Go To Website |
Coinomi Wallet | Mobile | BTC, ETH, ETC, BTG, DOGE, LTC, LCC, BCH, DASH, NBT, RDD, MONA, DGB, DGC, NEOS VTC, BTA, ABN many more | Go To Website |
Trust Wallet | Mobile | ETH, ETC, ERC20, ERC223 | Go To Website |
imToken | Mobile | Bitcoin, ETH, EOS, ERC20 etc | Go To Website |
Bread Wallet | Mobile | BTC ETH, ERC20 | Go To Website |
How to Buy:
WGR currently listed on Crex24 exchange where you can exchange it for Bitcoin or another coin.
