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Wagerr Launches Decentralised Betting Blockchain

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Wagerr

BELIZE CITY, BelizeSept. 19, 2018 /PRNewswire/ — On Sept. 15, 2018, Wagerr launched the world’s first “Direct-Chain” betting protocol, creating an unrestricted, decentralised and globally accessible betting application, available on both Android and PC. With a “Direct-Chain” betting fee of just six percent on winnings, Wagerr users worldwide can securely place bets against the blockchain and get paid without a centralised authority.

This low fee means that the Wagerr blockchain offers some of the most competitive odds in the industry. Plus, all WGR users benefit from betting activity: half of the fee is destroyed (“burned”) — reducing the outstanding supply over time — while 40 percent is distributed to the active WGR Masternodes that secure the blockchain. And as betting activity rises, WGR supply becomes more deflationary.

Featured in eGaming Review (EGR)‘s 1st Annual Crypto Edition of their award-winning magazine earlier this year, Wagerr is a revolutionary decentralised sportsbook that brings trustless sports betting to the entire world. Using a decentralised blockchain to deliver secure, private and safe sports betting on a global scale, Wagerr is elevating the sports betting industry. Using Wagerr is easy, fair, secure and accessible.

Gambling, specifically sports betting, is a phenomenally large industry, generating revenue in the trillions of dollars each year. People all over the world like to wager, legally or otherwise. It is difficult to find a more widespread, popular and lucrative industry worldwide. It truly encompasses the whole world. It is unfortunate that bettors wishing to engage in their hobby currently face issues such as a lack of trust, lack of fairness, poor or no availability to them and security mishaps, just to name a few. Unfairness has become a staple of the sports betting industry and, until now, nobody has been able to do anything about it.

Wagerr solves these problems by using distributed blockchain technology to execute betting contracts, escrow stakes, verify results and pay winners. By eliminating central authorities, Wagerr solves the most pernicious problems in the industry, thereby reducing corruption and risk. The result is predictable operation, unprecedented transparency, and a positive user experience.

Wagerr launched the world’s first global, unrestricted and provably fair betting market on Sept. 15. The first blockchain betting event was the boxing event “Canelo Álvarez vs. Gennady Golovkin II.

The first weekend of action on the WGR betting market saw over 400,000 WGR bet. Because bets are burned up front and new coins are automatically created (minted) to pay winners, an underdog win for Canelo resulted in a net burn of over 107,000 WGR. This information is transparently accessible via a blockchain explorer.

In total for the event, 125,000 WGR was removed from the total coin supply. This is just one of the many ways WGR holders can benefit from “being the house” without even betting.

With the flawless release of its blockchain based “DApp,” Wagerr aims to disrupt one of the world’s largest industries. During its next phase of development, ongoing marketing and user adoption efforts seek to gain a significant share of the world’s global betting revenue and establish Wagerr as a frontrunner in the sports betting industry and a leading decentralised blockchain application.

“Wagerr enables the whole world to bet safely on their favorite sports. We gave considerable thought to ‘tokenomics’ to optimise network value. And we are committed to a great user experience, leading to a vibrant community. Good luck and have fun!” – David Mah, Wagerr Founder/CEO

“The Wagerr system is decentralised and self-regulating, and these qualities enable Wagerr to deliver secure, private and safe sports betting to the entire world. Users avoid the high fees, corruption, limitation, restriction, legal repercussions and violence prevalent in today’s industry. Using Wagerr is accessible, fair and safe. Say goodbye to risk and regulation, and say hello to Wagerr, a revolutionary DApp optimised to programmatically become more deflationary as it absorbs pent-up demand for secure, trustless betting.” – Jason Tauriello, Wagerr Director of Operations

*Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.*

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1xBit Offers A New Lottery For Its Customers

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1xBit Offers

1xBit is happy to announce a new lottery HOT BITCOIN, that will last from June 22, 2019, till August 12, 2019.

Are you fond of betting or maybe you want to earn bitcoins? 1xBit is a good chance to make your wishes come true and win a special prize. It is one of the best cryptocurrency gambling and betting platform. Try now and understand how it can be easy to earn cryptocurrencies! 

On August 13, 2019, the lottery draw will randomly determine lucky winners that will get the following prizes:

1st place: 1 Bitcoin (BTC)

2nd place: 10 Bitcoin cash (BCH)

3rd place: 100 Bitcoin gold (BTG)

4th place: 1,000 Stratis (STRAT)

5th place: 10,000 Nem (NEM)

But that’s not all prizes, the other 750 lucky participants will get bonus points, as it’s shown  in the list below:

  • 10,000 bonus points (10 winners);
  • 5,000 bonus points (20 winners);
  • 2,000 bonus points (30 winners);
  • 1,000 bonus points (40 winners);
  • 500 bonus points (50 winners);
  • 200 bonus points (100 winners);
  • 100 bonus points (200 winners);
  • 50 bonus points (300 winners);

Every winner can buy currency for bonus points or exchange them for free bets.  It’s very easy to take part in this lottery. Bet on any event at least 2 mBTC and get lottery tickets for each bet placed. Free tickets will be automatically credited to your account. Of course, the higher your stake, the more tickets you will get. For example, if you bet more than 12 mBTC you will earn 10 lottery tickets. There is no limit on the number of bets you can place or tickets you can receive.

1xBIT Logo1xBit is a cryptocurrency sportsbook and casino where only cryptocurrency is eligible for playing. Enjoy thousands of sporting events and a rich LIVE section to bet on daily and find all the ongoing events with the best odds! If you like slots, you can find here different kind of slots for all tastes. The high rates and a large number of various bonuses and promos increase your chances of winning. Register and receive a welcome bonus of up to 7 BTC! Yes, 7 BTC, it’s not a joke! You can see for yourself, just register on 1xBit website.

Register on the 1xBit website, place a bet on any event, get a lottery ticket and take part in the prize draw. Perhaps, YOU will be one of the winners.

You can find more detailed terms and conditions of the lottery on the 1xBit website.

Place your bets and GOOD LUCK!

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

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How Blockchain Turns the Game in African Financial Life

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Chatex
Image by Chatex.com

Progress never stands still. People seek for simplicity and convenience, and the financial system is no exception to that. Hardly anyone could have thought that cash could ever be replaced with plastic cards. Today, it’s time for cryptocurrency to trigger the change in the paradigm.

Besides being a great instrument for investment, crypto changes the very essence of how money is transferred. Today, everyone who owns crypto can seamlessly and transparently exchange, sell off and buy up assets.

Is that not the democratic solution our world needs? That’s the question which underpins the initial purpose of Chatex project. The company has chosen the African continent as the starting point of its expansion in order to help those who suffer from excessive commission fees and lack of fiat.

Why Africa?

The banking environment is so weak here, that it’s hardly called ‘banking’. It is mired in corruption and bureaucracy, while the level of financial literacy is extremely low. It’s a common practice for local third-party services to charge sky-high commission fees on money transferring. Sometimes these figures reach 10 or even 20 percent. Chatex’s CEO, Michael Ross-Johnson, comments the following:

“How can one be treated in such a sordid way in the continent where people survive on less than the equivalent of one dollar a day? We can’t just monitor with our hands folded. We at Chatex are here to help African people become a part of the transparent and fair system that will give them an opportunity to freely manage their money and enjoy the comprehensive financial freedom”

How Chatex will make it out?

ChatexChatex offers a same-name bot based on Telegram, which could be downloaded on any kind of a smartphone supporting the messenger. It is an official, licensed and GDPR-compliant service, which offers safe data storage, BitGo instant transfers technology and additional PIN-code protection.

Thanks to Chatex, users can carry out cross border transactions, whichever their education or location is. One registered with the bot can instantly buy crypto via banking and gift cards, including even iTunes one, and transfer money to other users worldwide with no commission.

What’s the catch? There aren’t any. The verification process and money transfer won’t last more than 15 minutes here. The interface is intuitively simple and user-friendly, that’s why even a layman user will be able to operate without hindrance.

Having established an office in Ghana, Chatex plans to extricate banks and extortionate money transfer services from all over the continent. Next step would probably be Uganda, where the banking system has run rampant. In Uganda, every year relatives send home about $700 million, and almost $70 million of that total are charged by third-party service providers.

Judging upon the current trends of pervasive smartphone penetration, it can easily be said that mobile solutions such as Chatex are on their way to fit a whole set of financial operations into the user’s pocket. Africa needs such services that will ease people lives and eliminate the limits local banks and third-party services set up. Chatex avoided the well-trodden path of expansion and no one will regret. It has started a new chapter in the African market, aiming to ‘make Africa great again’.

To find out more, visit https://chatex.com/.

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

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Bitcoin Events to Host South Africa’s First Crypto Festival

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Crypto Festival

Bitcoin Events is delighted to be hosting South Africa’s first Crypto Festival in Cape Town on 7 September 2019.

Bitcoin EventsThere’s been a lot of renewed interest in cryptocurrencies in Africa and globally, and the Crypto Festival will highlight the exciting opportunities that cryptocurrencies offer individuals and organisations: from investing, trading, mining and transacting to privacy, security, price volatility, tokenisation of assets, Initial Coin Offerings (ICOs) and Initial Exchange Offerings (IEOs).

South Africa is at the forefront of crypto adoption. It has the highest percentage, 10.7%, of internet users owning cryptocurrencies, twice the global average of 5.5%, according to a recent international survey by social media management firm Hootsuite in partnership with London-based WeAreSocial.

Bitcoin and other cryptocurrencies have certainly changed the way we think about money, privacy, investments, payments and more. Cryptocurrencies are a disruptive innovation that numerous start-ups and individuals are leveraging, along with blockchain technology, to build innovative products and services for consumers and businesses alike.

We are expecting about 150-200 attendees from various backgrounds and industries at the Crypto Festival: crypto exchanges, payment systems, investment firms, mining operations, trading enthusiasts and companies, ICOs and IEOs, legal practitioners, crypto enthusiasts, blockchain developers, thought leaders, industry innovators and entrepreneurs.

Grab your Early Adopter ticket now for ONLY R450!

The Crypto Festival Call for Papers is Open

Our call for papers is now open, so don’t miss this opportunity to share your insights and expertise with our audience by submitting your paper now.

For more information on the Crypto Festival, visit Cryptofest or email the team at info@blockchainafrica.co.

Disclaimer: Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

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