(Sep 17, 2019 12:07 PM)Kill Joy Wrote: Decentralization is such a broad term. Can you tell me what specifically in WGR that is decentralized that is better and more advantageous than a traditional sportsbook?
wagerr is a fork of bitcoin core..
Same everything..
Except tokens can be burned/minted based on winnings..
The module is called 'value coupling':
The more people win and create wagerr..
The more wagerr in circulation..
Leads to increase supply
Price goes down..
People buy cheap wagerr..
More people lose..
Less wagerr..
decrease supply..
price goes up..
people sell wagerr..
The people buying wagerr cheap is effectively the house!
Heres a calculator:
http://coinatomy.com/p/calc
The odds are currently scraped from about 5 top APIs in the game..
But we are ramping that up to 2000 APIs soon..
We take the average price of the bookies and make the odds 100% non profitable..
Then 6% of profits get burned as shown in the economics page..
So in the long run the house always wins..
Users are always paid out..
Currently the gambolrs are up nearly 3m wagerr..
Wagerr Block Explorer
thats why the price has declined..
But one day it'll be different..
Nobody can be banned from wagerr
and nobody loses their knee caps..
If you got knowledge that nobody else knows then you can make $wgr..
AKA tyson to beat wilder..
Get some free wagerr..
We've never done any promotion except for this post lol