- Chancer is a revolutionary betting platform that seeks to leverage the power of blockchain technology.
- The CHANCER token is going for 0.01 BUSD in the current stage.
- CHANCER token holders will have the opportunity of creating customized betting markets on the Chancer platform.
Chancer, one of the most intriguing new Web3 projects of 2023, officially launched its crypto presale today.
By removing the “house” from the equation and firmly placing the markets in the hands of the bettors, Chancer seeks to disrupt the betting industry by enabling users to create their own betting markets, set their own odds, and establish their own rules.
Chancer is the first decentralized predictive markets app in the world, and its creators, brothers Adam and Paul Kelbie, believe it will fundamentally alter the way people bet and ultimately restore the fun to gambling.
How Chancer seeks to alter the betting industry
Chancer wants to capitalize on the sizeable online betting and gambling market, which is estimated to be worth $64 billion by 2022 and establish a dominant position there.
Chancer users can create peer-to-peer (P2P) bets, positioning the platform as a betting facilitator rather than a betting house. The bets can range from small, casual wagers among close friends to massive, viral wagers involving thousands of people, such as picking the winner of the Oscar for Best Director or guessing the Champions League final score.
Contrary to most bookmakers, Chancer allows bets to be placed on any prediction or event, not just sports. Users have complete control over their bets and won’t lose to a traditional bookmaker who sets the odds against them, which is part of its inherent appeal.
Commenting about Chancer and the coming months for the project, the CEO of Chancer, Adam Kelbie, said:
“We’re confident that we can change the way betting and gambling works. The next few months are going to be very exciting, and we’re thrilled that we can offer a new cryptocurrency in such a competitive market. We’re doing something no one else has done, disrupting an industry that has had the odds stacked against consumers since it began. It won’t be easy, but we’re ready for the fight.”
All bet payouts will be made in Chancer’s native token, “CHANCER,” which will be tradable on several cryptocurrency exchanges once the presale is completed.
Chancer token presale
The Chancer token presale officially launched today and at press time, 6,541,850 tokens had been sold out raising $65,418.49 barely a few hours after the presale went live.
According to the project’s whitepaper, the presale will be conducted over twelve stages with the first stage seeking to sell 100 million tokens to raise $1 million. The CHANCER token, which is BUILT ON THE Binance Smart Chain (BSC), is currently going for 0.01 BUSD stablecoin.
What’s unique about Chancer betting platform?
The project has a well-planned roadmap outlining a variety of product use cases to pique the interest of various types of investors, as stated in the whitepaper. Additionally, Chancer seeks to achieve and uphold true decentralization.
So that no one party can take control of the network, Chancer will have a proof of stake consensus mechanism. The platform’s users will take control of decision-making under quadratic governance.
In addition, the source code for Chancer will always be available for inspection. This implies that anyone is free to examine, contribute, and suggest modifications to the platform’s operation with the confidence that their ideas will be taken into consideration.
In a novel way, Chancer will also use Google’s WebRTC’s real-time communication capabilities to broadcast events live to its community.
Additionally, it will offer a Share2Earn program, staking, and discounted fees for those who create and participate in the market, making the platform affordable for those who use it frequently. Users can also generate passive income by becoming node validators.
The post 6.5M tokens bought within hours of the highly anticipated Chancer Presale launch appeared first on CoinJournal.
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