Wagerr
Crypto Overview
Purpose and Utility
Wagerr is a cryptocurrency project that positions itself as a decentralized sportsbook and betting platform. The WGR token is used within the platform's ecosystem to facilitate sports betting operations.
Business Model Analysis
The core business model revolves around sports betting and gambling activities. The platform allows users to place bets on sporting events using WGR tokens. The protocol also includes features for operating as an 'oracle masternode' to validate sports event outcomes.
Real-World Adoption
The platform has maintained consistent betting volume since its launch, though exact statistics are difficult to verify. The project continues to operate its betting platform and maintains regular updates to its infrastructure.
Platform Development
Development activity appears ongoing, with regular updates to the betting platform and infrastructure. The team maintains an active GitHub repository and provides regular technical updates.
Token Distribution and Governance
The project implements a masternode system for governance and betting result validation. Token distribution information and vesting schedules are publicly available through their documentation.
Crypto Impact
To assign a comfort level investing in Wagerr from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Wagerr.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.