A brand new online betting platform has sparked attention in Web3 thanks to its groundbreaking capabilities: Chancer.
Chancer is the first platform of its kind anywhere in the world. It delivers a fully peer-to-peer (P2P) betting market that bypasses centralized bookmakers entirely, opening up new possibilities to gamblers during major sporting events.
For now, the Chancer presale is still in stage 1 but investors have a limited time only to buy the token during its discount phase, which could give the platform plenty of momentum heading into the IDO. One thing looks certain: Chancer has extremely high long-term potential.
Chancer is making waves thanks to its strong start during the presale and massive $100k giveaway prize
Chancer has announced an exciting $100,000 giveaway to mark the beginning of the CHANCER presale. The event will give 10 lucky Chancer community members a share of the total prize pot. This could spark a bullish run from the new online betting platform, which is widely considered to be one of the most promising releases of the year.
The online betting industry is expected to grow to $150 billion by 2030. Chancer’s unique decentralized predictions market has the potential to capture a significant share of the market, as it delivers brand new ways to place wagers against friends, family, and other users online.
The platform’s native token, CHANCER, is currently available for $0.01 during stage 1 of the Chancer presale. The event will span 12 stages in total, giving early backers of the world’s first decentralized predictions market the option to get involved at discounted prices pre-IDO.
What is Chancer?
Chancer is the world’s first decentralized predictions market. It offers a range of features that make it stand apart in the world of online betting, including the ability to bypass centralized bookmakers entirely.
Bettors can create their own custom bet slips on the Chancer platform, which includes the ability to create personalized odds. This opens up new realms of possibilities as users can place wagers on any conceivable outcome using a fully customized bet slip.
Whether making bets against small groups of friends or family, or taking the other side of Chancer users’ bets during major global events, Chancer will provide better odds than any alternative platform.
How does CHANCER work?
The native CHANCER token, which has just been launched during stage 1 of the Chancer presale, is used to make and settle all bets on the platform. Wagers will be secured using smart contracts, which essentially hold cryptocurrency in escrow once a bet has been made. Once there’s a winner, pay-outs will be automatically transferred to the victor’s wallet.
Blockchain technology enables Chancer to deliver a fully P2P betting solution. All user interactions are recorded on-chain, which removes the need for centralized parties to act as an intermediary. This is a key reason why so many Web3 users have highlighted Chancer’s disruptive potential in the online betting industry.
To keep all users safe while transacting on the P2P predictions market, Chancer has taken measures to ensure that no user receives unrealistic odds. An impartial moderator will be available to oversee all custom bet slips, which means that every enticing bet has a real chance to win.
Chancer will be integrated with Google’s WebRTC. This enables real-time communications between users from all over the world. As a result, Chancer users can collaborate around their custom bets during major sporting, entertainment, and political events, minimizing latency and ensuring that bet ideas can be fulfilled almost instantly.
Will CHANCER reach $0.50 in 2025?
Experts are forecasting a strong future for Chancer thanks to its unique offering both in Web3 and the online betting industry. Crypto investors can get involved during the Chancer presale ahead of its launch on digital asset exchanges, which may provide a lucrative investment opportunity in and of itself.
The CHANCER token has deflationary tokenomics and real-world utility. As mentioned, the online betting industry is growing year-on-year. Since Chancer gives more control back to bettors, it has a real opportunity to generate consistent demand over the coming years. Combined with a fixed total supply, this is sure to boost the token valuation.
Price analysts expect CHANCER to breach the $0.50 mark during the next crypto bull market. It will climb from $0.01 to $0.021 during the Chancer presale, after which point it could see a multi-month bull phase where it appreciates over 20x.
Is Chancer worth buying?
The Chancer presale is a prime investment opportunity. It combines an attractive platform with deflationary tokenomics and extensive token utility, which gives it massive potential within the world of Web3.
To top it off, Chancer is a fully compliant online betting platform. It can legally offer betting services to users from all over the world, which could help drive demand for the native token over the coming years. It could certainly be a great addition to an investment portfolio at the current price of $0.01.
You can take part in the CHANCER presale here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.
