PlayerWonCoin eSports industry is growing like no industry in past or present. Everyone is jumping on the bandwagon, including high‐profile investors like Mark Cuban, Will Smith and Ashton Kutcher; high‐visibility companies like Burger King, Red Bull, and others; established real‐world sports teams now own their own eSports franchises; and even the Olympics will introduce eSports in 2024.
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Personal Wager’s vision is to create a globally accessible eSports Player to Player (P2P) wagering system, allowing players in any country to wager on their own skill with players at home or in any other country. In the near future, with expansion into an AI to AI (A2A) system through the acquisition of GameBotsOnly, Personal Wager expects to be the de facto standard for Human vs Human, AI vs AI, and Human vs AI wagering. All transactions occur in the PWON within the PersonalWager site, yet the purchase and sale of PWON can be in any currencies worldwide – FIAT or Crypto.
Hard to fund from all countries
While most sites have ways to pay via credit cards, many of the players are either too young to have credit cards or their cards are blocked from doing gambling transactions Players can purchase cryptocurrencies from their local cryptocurrency exchanges using their local banking systems or local credit/debit cards and the use the cryptocurrencies to purchase PWON. Players can purchase PWON directly from their local cryptocurrency
exchanges. Players can purchase PWON using FIAT cash directly from PersonalWager.
Using services like PaySafeCard.
Difficult to pay
Without PWON, it would be the responsibility of PersonalWager to wire the winnings back to the players, causing extra expense and delays. By utilizing PWON, as soon as the winner of the game receives the winnings (Within seconds of the end of the game), the player has the option to sell the PWON on their exchange and convert them to other cryptocurrencies or FIAT with no fees from PersonalWager and no delays. Many countries do not allow “gambling”, thus block services like Neteller and other gambling related financial services companies.
The player in Slovakia would take his Euros to the local BILLA store and deposit it to his PaySafeCard™. He would receive a receipt with a unique bar code. He would then scan the bar code into his PersonalWager app, or enter the numbers on his PC to purchase PWON.
He would then do his wagering on using the PWON for instant verification. Once he is finished wagering and would like to have his funds transferred back to him, he can convert his PWON to BTC, BTH or ETH. From there, he can sell them on his local cryptocurrency exchange in Slovakia and receive Euros directly in his bank account.
While there are other eSports gambling type sites and services on the web, there are none
that have the worldwide reach and targeted scope of Personal Player to Player Wagering
system, which keeps PersonalWager strongly in the “Game of Skill” legal realm. In creating the PWON, are creating loyalties to the PersonalWager system, as well as providing a worldwide location‐agnostic system of play. In addition, there are no sites that allow a player to play ANY GAME, ANYWHERE, at ANY TIME – all the while building the scorecard. PersonalWager operates as easily with non‐integrated games as with integrated games.
PersonalWager is a peer‐to‐peer platform where clients choose and interact directly with the person who will be providing the service instead of a third‐party. Using smart contracts, the platform will provide a trustless, secure and fast scheduling, escrow and arbitration services. PersonalWager was beta‐launched with a small test group in 2015. The result of this beta‐ launch was to make some changes and then try again. PersonalWager has been successfully tested in the market. Subsequent to the test, it was left on the shelf while working to raise funding for operations.
Skill‐based wagering gambling
Cash‐based wagers in games of skill are not considered gambling because the generally accepted definition of gambling involves three specific things: (1) the award of a prize, (2) paid‐in consideration (meaning entrants pay to compete) and (3) an outcome determined on the basis of chance. Without all three of these elements, a cash competition is not gambling. In the case of Personal Wager, outcomes are not determined by chance, but are rather achieved through a player’s skill or ability, making these tournaments legal in all but 12 U.S. states.
Brian R. Niessen FOUNDER, CEO
Greg Wahl CFO
Chris Webster COO
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