Chancer is a new company that seeks to revolutionize the sports betting industry with blockchain technology. On June 13, it will launch its token presale with the aim of disrupting the predictions market. According to the development team, users will be able to create their own blockchain-secured markets.
The sports betting industry is rapidly growing worldwide, particularly in the United States, a country where online betting was once illegal. Now, American companies such as Fanduel, DraftKings, and BetMGM have become billion dollar enterprises.
The blockchain industry is seen as a viable solution for disrupting the sports betting industry due to its global nature. Several blockchain companies are already looking to revolutionize the sector, such as SportX and Gnosis. Chancer is the latest company to join the race to disrupt the industry.
Chancer offers features not available from other companies. The ecosystem will be secured using the Biance Chain blockchain, the leader in dApp development. The distinguishing feature of Chancer is that users will be able to create their own markets, which other users can bet on. This opens up the possibility of markets for events like elections, where betting on the outcome is not allowed elsewhere. The $CHANCER token will facilitate the betting market and will also be used for governance purposes.
The Chancer token sale will raise $15 million in 12 stages. The price of the token will increase with each stage. In addition, the developers have launched the website and commissioned a Certik audit. Furthermore, the technical roadmap will be released, partnerships with centralized exchanges announced, and the BETA version of the Chancer platform will be launched.
It is too early to determine if the $CHANCER token will be a good investment. Investing in token presales and ICOs can be risky, so interested investors should be aware of the risks involved.
