Proton Tech Labs’ GoWagr App Hits 50,000 Downloads as Its Webapp – Squads Fantasy – Surpasses 100,000 Users

Proton Tech Labs’ peer-to-peer social contest app, GoWagr, has officially surpassed 50,000 downloads, marking a significant milestone in its journey to revolutionizing informal contests. Additionally, its Squads Fantasy feature has crossed 100,000 registered users, cementing its place as a leading platform for fantasy sports enthusiasts. Launched as a secure peer-to-peer contesting app, GoWagr enables users to create and engage in contests on their terms, covering various topics, including real-life events, sports, politics, finance, gaming, and personal opinions. The app streamlines informal wagers as a secure escrow, holding stakes until users decide to settle the outcome. Founded by Oluwaleke Fakorede, Danielle, Daniel Oladepo, and Michael Okoko, Proton Tech Labs is backed by early-stage investment firm Microtraction, known for supporting innovative African startups.

As the platform continues to gain traction, GoWagr is redefining how people engage in friendly competitions, making it easier and more secure to stake and settle informal wagers across various interests. The app’s ability to facilitate contests on nearly any topic—from predicting stock prices and crypto movements to debating political outcomes or competing in gaming challenges—has made it a versatile tool for users seeking a structured yet flexible way to engage with friends, colleagues, and online communities.

Proton Tech Labs’ commitment to security and user trust remains a key focus, with GoWagr serving solely as a neutral escrow, ensuring that all stakes are safely held until users confirm the results of their contests. This approach simplifies the process and eliminates disputes, providing a fair and transparent system for participants. The company also owns Squads Fantasy, which recently surpassed 100,000 users, further highlighting the growing demand for community-driven competitions and the adoption of the company’s success, particularly among waging enthusiasts who appreciate the app’s automation and seamless contest experience.

With continued backing from Microtraction and growing adoption across different user demographics, GoWagr is well-positioned for further expansion. The team at Proton Tech Labs is actively exploring new features, potential partnerships, and market opportunities to enhance user engagement and scale the platform globally. “Our vision has always been to create a platform where anyone can engage in fun, structured contests without worrying about trust issues. The response so far has been phenomenal, and we are excited about the possibilities ahead,” added Oluwaleke Fakorede.

As GoWagr’s popularity continues to rise, Proton Tech Labs is set to push boundaries in the social contesting space, offering a secure and engaging platform that meets the evolving needs of users worldwide. With its strong foundation, innovative approach, and growing user base, GoWagr is on track to becoming the go-to destination for anyone looking to engage in informal contests anytime, anywhere.