Market Overview
The altcoins continue to do quite well and +100% moves in a matter of days is nothing out of the ordinary right now. Some tokens were added this month on Coinmarketcap (DEGENS) While other tokens were removed as they merged (BETR -> FUN). Looking at some of the volumes, things also continue to go up slowly but surely. These are some of the things that happened last month.
I never had Funfair in this list as I saw it more like a casino coin without a direct relation to Sports Betting. This changed as they merged with Betterbetting which was one of the coins I have been keeping close track of in these posts. Last month I wrote
4 BETR can now be turned in for 1 FUN which made the 0.001448$ value for 1 BETR go up to 0.0088325$ currently which is an overnight 5x. I still have to take a much deeper look into the FunFair project and plan to do that along with swapping my coins the coming month. I already made a brief announcement post the day when the news was announced and plan on doing a full project review one of these weeks.
Wagerr has seen some increased activity and tokens actually being burned by losing gamblers last month. This along with the fact that is now being traded on the Binance Smart Chain with relatively low transaction costs put some life into it again. The price doubled but the total market cap still is on the low side around 20 Million.
WGR right now certainly is a token I will continue to hodle and I'm very tempted to add some more to my bag as I would not be surprised to see one of those big pumps at some point in time also knowing that they have continued to develop during the entire bear market. Certainly one to keep an eye on next month!
| Month | Total Supply Change | Change | Total Bet | Volume $ |
|---|---|---|---|---|
| July 2020 | +7,546,461 WGR | - | - | - |
| August 2020 | +7,245,966 WGR | -300,495 WGR | - | - |
| October 2020 | +9,826,294 WGR | +2,580,328 WGR | - | - |
| November 2020 | +8,191,020 WGR | -1,635,274 WGR | - | - |
| December 2020 | +8,638,879 WGR | +447,589 WGR | - | - |
| January 2021 | +9,418,870 WGR | +779,991 WGR | 570M WGR | - |
| February 2021 | +7,682,182 WGR | -1,736,688 WGR | 602M WGR | 1.2M $ |
| March 2021 | +5,039,730 WGR | -2,642,452 WGR | 617M WGR | 1.4M $ |
Gamblers lost 2.6M WGR which equals around 237ù on a total betting volume of 1.4M which equals -17% ROI. The fact that it is possible to take accumulators certainly adds to the token burns as they mostly attract clueless losing gamblers as shown in the numbers on xplorer.wagerr.com
Betting on their platform can be done on https://wagerr.com/sportsbook, for a quick guide on how to but WGR when only having a Binance Account check This Guide
The Degens token has now been listed on Coinmarketcap. From what I understand, a part of the fees generated on the platform will be distributed to token holders which potentially makes them interesting. The supply is fixed around 1.2M tokens of which 22.5% have been airdropped to previous users of the platform. The other tokens belong to the team/investors and have a 1-4 year vesting period. "We are not selling DEGENS tokens and we don’t consider them to have any inherent value, but they will be useful to participate in the growing Degens community, and allow token possessors to earn profit by helping to grade events."
I have not yet tried Degens or sportx (even though I planned to last month) both these platforms stay on my radar of having potential.
Listed Projects (CoinMarketCap)
03/03/2021 --> 26/03/2021
| Rank | +/- | Project | Token | MCap | Price | 24h Vol |
|---|---|---|---|---|---|---|
| 132 | (-16) | Augur | REP | 369M | 33.59$ (+16.38%) | 46M |
| 134 | (-) | FunFair | FUN | 364M | 0.03533$ (-%) | 11M |
| 174 | (-29) | Gnosis | GNO | 212M | 140.76$ (+7%) | 881k |
| 332 | (+28) | Wink | WIN | 114M | 0.0003631$ (+71.4%) | 7M |
| 745 | (-) | Wagerr | WGR | 19.4M | 0.08969$ (+133%) | 100k |
| 1203 | (-144) | Peerplays | PPY | 3.7M | 0.8141$ (+2.33%) | 78k |
| xxx | (-) | Sportbet.one | SBET | 1.34M | 0.003358$ (-16.4%) | ??? |
| 1565 | (-145) | Stox | STX | 1M | 0.02028$ (-2.9%) | 740$ |
| 1635 | (+154) | Scorum | SCR | 707k | 0.02417$ (+195%) | 4.2k |
| 1687 | (+71) | Decent.Bet | DBET | 624k | 0.003312$ (+135%) | 3.1k |
| 1697 | (-22) | Blitzpredict | XBP | 596k | 0.001557$ (+85.9%) | 361$ |
| 2989 | (-) | Degens | DEGENS | - | 3.58$ (-%) | 120$ |
| 3398 | (-342) | Sportx | SX | - | 0.4017$ (-19.2%) | 11k |
| 3731 | (-220) | zensports | SPORTS | - | 0.0000917$ (+95.4%) | 948$ |
| 4096 | (-708) | Bitbook Gambling | BXK | - | 0.1983$ (+145%) | -$ |
| - | (-) | Bethereum | BETHER | - | -$ (-%) | 0$ |
Unlisted Projects
| Project | Token | Type | Website |
|---|---|---|---|
| Fairlay | BTC | Exchange | Fairlay.com |
| Marginless | MRS | Betting Exchange | marginless.io |
| Fansunite | FAN | Sports Betting | fansunite.com" |
| Mevu | MVU | Social Betting | mevu.bet |
| Gifcoin | GIF | ICO Book Profit Share | gifcoin.io |
Previous Monthly Reports On Blockchain Betting Projects
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