Chancer is a brand-new blockchain-based gambling platform which will be powered by the $CHANCER Token. The token is a medium for exchanging value and claiming winnings on successful bets. Since the launch of the presale in March, tokens worth more than $1 million have been collected by investors – an amount rarely raised in presales. This indicates a high level of interest in the platform.

The aim of Chancer is to become a destination for decentralised predictive and social markets. It is the world’s first decentralised betting ecosystem and investors believe it could be revolutionary. The growing popularity of betting is a result of the increasing interest in gambling and blockchain is the next step.

Chancer offers a Peer-to-Peer (P2P) model, in which users decide their own odds and rules. This means that users can bet on events which they wouldn’t normally be able to, such as on political outcomes. They can also expect to be rewarded for creating P2P markets.

The size of the P2P betting market is hard to predict, but it is estimated that online sports betting will be worth $70.23 billion in 2021. This is projected to grow by a CAGR of 11.7% between 2030 and 2040.

The value of the Chancer token will depend on the platform’s continued use and demand. It might start to gain more value when it’s listed on Uniswap in Q3 2023 and may increase by double-digit or triple-digit percentiles when it is released. In 2024, the token may rise over 1,000%. This is because the main platform is expected to allow $CHANCER deployment for real-life use cases, unlocking organic demand that will sustain the token’s value and push it to higher levels.