Why I Put $1250 On Wagerr and not Peerplays - The Pros & Cons, Comparing The Whitepaper
What's up everybody i'm going to give you my opinion today on why i think Wagerr was a better investment for me than Peerplays. This is not in anyway to slander peerplays or their clients in anyway, this is only my opinion on a smart investment based on the information that i will describe below.
Let me start by saying i am fairly new to the crypto world and i am not a financial advisor. But i think after you read this article that you will see why i think Wagerr will be a better service than Peerplays.
When i first heard about Wagerr it was right here on SteemIT, and i wish i could find the original post that led me to it, but i found out right before their ICO on June 1st. When i read that online betting blockchain technology being used I immediately took interest into investing in some of their coins. I figure something like this has to eventually be a good investment, unless the entire company tanks..and which case i still wouldn't have lost a lot of money, risk vs reward baby!
Being the forgetful guy that i am, in the next couple days i had forgotten all about the Wagerr ICO, it wasn't until June 3rd that i saw a post by fellow Steemian @tee-em that reminded me of this awesome new ICO, you can find that post here. Another member here @toddemaher1 in the comment section commented "$1,250 for a masternode? Holy sh*t! I'm in!". It was right then and there i knew i had to invest and get a full master node. Originally i was just going to buy maybe $500 worth of their coin, at the time it was only $.05 per coin. But once i found out i could get a masternode for just double that price, i jumped on it immediately!
What is a master node?
Decentralized Oracle Intranet:
● Oracle Masternodes, a second layer of the Wagerr network, function as consensus
agents, forging betting contracts, retrieving sporting events outcomes data, and
consensually validating results that trigger contractual payouts.
● Oracle Masternodes also mediate decentralized governance of the Wagerr network
-- source: wagerr whitepaper
Benefits of running a master node.
● Earn a percentage of block rewards (direct, static reward)
● Earn sports betting fees (direct usage-based reward)
● WGR value improved by network ecodynamics (indirect, usage-based rewards)
-- source: wagerr whitepaper
The Whitepaper
Wagerr Whitepaper
Peerplays Whitepaper
When you take a look at PeerPlays white paper, it looks good..real good. But when you compare theirs next to Wagerr's i think its a no contest whose technology is more advanced. Wagerr's whitepaper is almost 3 times the length of PeerPlay's and the information is not just fluff, it is very descriptive and detailed throughout on how the entire betting system works.
there isn't really much to look at in comparison to Wagerr's.
"Because the rewards for operating Oracle Masternodes is predictably far greater in the
long run than liquidating them, investors will be loath to give up the residual income they
generate. Masternode and staking rewards keeps coins in active use in the network, and
keeps their holders from adding sell pressure to the market."
-- source: wagerr whitepaper
I think from an investors standpoint that it is obvious that Wagerr is going be better, and it seems to me as if their technology is far more advanced than Peerplays. We'll see in the coming months once i get my test node up and running how well things go. But if i'm right Wagerr just might be the de-facto betting solution for online gambling in the future. This is not to discourage anyone who is invested in or appreciates the value of Peerplays betting system, just from my point of view, Wagerr was the safer bet...Until next time Steemians! Thank you for reading.
I am feeling sorry for you, but only because you are new to crypto.
@vato...... I have read both whitepapers numerous times and researched. You took this image from Wagerr whitepaper and edited it and made checkmarks by PeerPlays features that DO NOT exist in their current whitepaper. I would 100% call your posted image deception at the least. I am invested in both,and also Steem. But I believe if your going to post opinion on something at least post the correct info. for others
You need to change this. It is not right to change material like that!
This is not correct. Peerplays is a good product. But it has different features than what this graphic suggests.
Furthermore I wonder what you are getting out of this, since I know for a fact that you are not part of the Peerplays team.
meep
lol wth, noooo... maybe i will still be okay? haha.
i am very new to crypto only a few months..but we'll see what happens for me man haha. I don't mind either way man, i dont't sweat life or get upset, its just another lesson learned..thank you, peace and bliss!
Peerplays whitepaper would suggest your image is not accurate
Graphene isn't scalable?
i don't know. Peerplays whitepaper is not very informative. Wagerr talks about theirs in the whitepaper.
Well PeerPlays uses the same blockchain technology that Steem does. If it doesn't scale the Steemit doesn't scale either.
This information is correct.
Peerplays blockchain is based on Graphene which is being used by steemit.
The technology Peerplays uses is tried and tested.
So I would like to have a proper breakdown on how rondonson came to the conclusion that Wagerr technology is far more advanced
Plus, there is the possibility to migrate to EOS once the capacity of Graphene is exhausted.
Correct
that chart was taken from wagerr's whitepaper. I will ask them about it in their slack chat.
Looks nice dude, Good Luck !
thanks man!
NEVERDIE ICO is LIVE.
The first block chain based Virtual Reality gaming crypto! NEVERDIE coin will allow monetizing the game items in real cash economy game Entropia Universe. NOW game player can cash out their in-game money earned by playing game and can exchange NEVERDIE coin with other ERC20 tokens such as Gnosis, Golem, and Frist Blood.
https://steemit.com/ico/@maxtill94/nevedie-ico-full-analysus-why-you-should-buy-neverdie-coin-gaming-cryptocurrency-coin-comparision-with-gamecredit-mobilego-first
Interesting article. Good to see I'm not the only one that is thinking about this. Buy low, sell high, it seems so simple but most investors still don't seem to get it :-) An interesting website I found: https://www.coincheckup.com They researched and analyzed every tradable coin out there from a investment, team, product, transparency perspective. Really interesting.