# Introduction

Wagering on sports has been a popular activity for centuries, but the industry has evolved over time with the advent of technology. One of the most significant changes in recent years has been the rise of blockchain and cryptocurrencies, which have opened up new opportunities for innovation in the gambling industry. WagerDAO is a betting protocol built on the Binance Smart Chain that leverages the benefits of decentralization, transparency, and security to create a fair and accessible platform for users.

WagerDAO offers a unique feature that distinguishes it from other betting protocols: the WagerPass NFT collection. WagerPass is a set of non-fungible tokens that are used as an entry into the DAO as well as a way to reward DAO members. In this whitepaper, we will explore the features and benefits of the WagerDAO protocol, the WagerPass NFT collection, and how they work together to create a seamless betting experience.


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