Chancer is a blockchain-based decentralised predictive markets application with the slogan, “Chancer: Your Game, Your Rules, Your Odds”. It facilitates P2P predictive markets for betting on conventional and unconventional markets and enables user-led predictions amid record betting levels in traditional markets. The token $CHANCER will start presale on June 13th, 2023.
What is Chancer?
Chancer allows users to set their own customised P2P betting platforms with their own rules. People can bet on anything from a live football match to a personal bet, such as who will finish top of the class. What’s more, they can let their friends and others join their market, bringing the fun to their betting world.
The platform will run on the BSC blockchain with the aim of enabling token purchases through a secure chain with minimal transaction fees and high speed. The team behind the blockchain will create a platform that works similarly to a dApp, seamlessly linking to the BSC blockchain, to make Chancer a fully decentralised ecosystem.
Record betting an advantage to decentralised Chancer
Betting activity is at all-time highs due to increasing technology and more people seeking to grow their incomes and have fun. For instance, the American Gaming Association reported that gross gaming revenues from sports rose to a record $7.5 billion in 2022, a 75% increase from the year before. In the first quarter of 2023, commercial gaming revenues hit a quarterly record of more than $16 billion.
This growing popularity of betting indicates that there is a need for a betting model that is user-led and peer-controlled, and Chancer follows this model to generate win-win situations for users and investors.
Is Chancer a good investment opportunity?
Chancer offers more than just a blockchain-based betting ecosystem. It confers value to its participants by being an investment opportunity. The first benefit to investors is holding the $CHANCER token, which is different to betting platforms where the winner takes it all.
Holders of $CHANCER can create their own markets and participate in markets created by peers. This provides the opportunity to collaborate, engage and profit from wider Web 3.0 betting. Users can also benefit from a potential increase in the value of $CHANCER as more people join the network, as well as stake the token for passive income.
Other ways to earn include market-making rewards for creating Chancer markets, becoming a platform validator, and Share2Earn rewards for promoting the market to increase the participation of members. The platform will also introduce a “Loyalty” program to reimburse small amounts of transaction charges paid by users.
Chancer presale and listings
The Chancer presale is aiming to raise $15,000,000 over 12 stages. The token will then be listed on Uniswap, Coingecko, and Coinmarketcap in the third quarter, with more listings to follow. The testnet is expected in the fourth quarter and the mainnet, with full functionality, is expected in the first quarter of 2024.
