BanklessTimes
Home News Chancer is the New Orange — Why the Future of Betting Leaves Nothing to Chance

Chancer is the New Orange — Why the Future of Betting Leaves Nothing to Chance

News Desk
News Desk
News Desk
Author:
News Desk
The latest news, comment and analysis from our crypto news desk.
July 21st, 2023

Crypto projects continue to battle for supremacy within an increasingly crowded marketplace as the 2022 crypto winter continues to ease and halving events begin ahead of the next bull market. One of these new projects is forging its own path into previously undiscovered territories. Chancer, the brainchild of Adam and Paul Kelbie, has identified a real opportunity to shake up the online betting industry with its new peer-to-peer (P2P) predictions market model.

Experts and crypto fans believe that Chancer could become a pioneer in the future of betting. Here’s how this pioneering new platform could become a standard bearer for decentralized online gambling.

Chancer: A gambling game changer

Chancer is a brand new crypto project aiming to shake up the online betting industry and disrupt the market status quo by taking power away from influential centralized bookmakers and placing it in the hands of gamblers. To enable this, it is releasing a pioneering P2P model that puts players in direct contact with each other to create custom markets, odds, and bets that other players can directly take up.

Unlike most sports betting sites that offer fixed markets solely on sports, with all markets controlled by the bookmaker, Chancer does things differently. Users are not reliant on preset markets and odds; they can create and customize their own markets to play with friends, family, and work colleagues or participate in globally crowdfunded bets on huge political, entertainment, and sporting events.

The $60 billion valued betting industry is projected to grow to over $150 billion by 2030, providing Chancer with a huge growth market to target with its new decentralized and democratized online prediction market solution. Powered by the native CHANCER token, which recently launched its presale event to great acclaim, Chancer will use pioneering software such as Google’s WebRTC to allow users to track the progress of their wagers in real-time while connecting with other global bettors to create new in-play markets.

How does CHANCER work?

Chancer is built on the Binance Smart Chain (BSC) to ensure complete transparency and fairness. This blockchain technology provides full transparency with a fully immutable ledger, while all winnings are paid out using highly secure and fast smart contract execution. Meanwhile, all markets, odds, and bets are overseen by a team of impartial moderators, ensuring that everything is above board and fair.

The CHANCER token not only provides users with extensive in-built utility but will also deliver coin holders with full governance voting rights over the platform’s future direction, much of which will be determined by community-led suggestions. In addition, CHANCER will be the coin by which bets are made, laid against, and paid out.

The Chancer crypto presale originally launched at just $0.01, a giveaway price that helps illustrate why it’s shot off the blocks rapidly. With online betting fans and crypto enthusiasts alike seeing the vast potential offered by this upstart new crypto project, the 12 phase presale event, which will see the coin price increase to $0.021 during the ICO, is expected to sell out fast.

Chancer price prediction for 2025

Chancer has identified a huge market to target with a new and innovative solution that could capture the imagination of investors and online gambling fans. The presale is currently in stage 1, with tokens available at $0.01. As well as this hugely attractive entry price, Chancer is running several promotional giveaways during its ICO, beginning with the chance to win $100K in CHANCER tokens.

Analysts are already looking to the future of CHANCER once the presale has achieved its $15 million liquidity target. With the coin going public on major crypto exchanges after its presale, experts predict it will surge in value to $0.50 and above, a likely achievement by 2025. This would result in at least 25x returns for all presale investors.

Is the Chancer presale event a worthwhile investment?

Several ICOs are vying for crypto investors’ attention on the market, yet, for many reasons, Chancer undoubtedly stands head and shoulders above most. With its low stake and potential high percentage returns, this new coin could significantly disrupt the online betting industry.

This enticing value proposition that seeks to decentralize and democratize a notoriously centralized marketplace sets Chancer apart from anything in two substantial growth markets, namely online betting, and blockchain. This makes Chancer unquestionably one of the best early investment opportunities of 2023, with exciting potential gains on offer for all presale investors. With additional chances to win big during the presale giveaways, investors should consider making CHANCER their next crypto purchase now.

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.