Chancer – First blockchain-based predictive markets app and potential game-changer.
Chancer is a decentralised platform that enables P2P predictive markets for conventional and non-conventional betting markets.
The platform aims to provide a space for user-led predictions amid growing interest in traditional markets.
The token $CHANCER will be available for presale starting on June 13, 2023.
Imagine being able to bet against any event and set your own rules and odds. This is what the new decentralised blockchain platform, Chancer, is bringing. But that’s not the main idea behind Chancer. The platform will offer an investment opportunity for its holders to earn in various ways. The $CHANCER presale will take place on June 13, 2023, amidst growing enthusiasm for the token.
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What is Chancer?
Chancer is a blockchain-based decentralised predictive markets application. The platform’s slogan, “Chancer: Your Game, Your Rules, Your Odds,” emphasizes its focus on allowing people to create customised P2P betting platforms with their own rules.
Users can bet on anything they like, from a live football match to a personal bet, such as predicting that their friend will finish at the top of the class. Users can also invite their friends and others to join their market, adding even more fun to their betting world.
The platform’s token, $CHANCER, will run on the BSC blockchain, with the aim of enabling token purchases through a secure chain with minimal transaction fees and high speeds. The team behind the blockchain aims to create a platform that works similarly to a dApp, seamlessly linking to the BSC blockchain. A proof-of-stake consensus mechanism seeks to make Chancer a fully decentralised ecosystem.
Record betting an advantage to decentralised Chancer
Betting is at an all-time high, thanks to growing technology and more people seeking to grow their incomes through various models and have fun. For example, sports betting activity levels hit record levels in 2022. The American Gaming Association reported that gross gaming revenues from sports rose to a record $7.5 billion in 2022, almost a 75% increase from the previous year. In the first quarter of 2023, the AGA reported that commercial gaming revenues hit a quarterly record of more than $16 billion.
These trends have presented a massive opportunity in the betting market. However, betting models have mostly remained the same as platforms remain centrally controlled. There is a need for a betting model that is user-led and peer-controlled. The decentralised model is more transparent and confers benefits to users beyond betting. Chancer follows this model to generate win-win situations for users and investors.
Is Chancer a good investment opportunity?
Chancer isn’t only a blockchain-based betting ecosystem. It also offers value to its participants by being an investment opportunity. The first benefit to investors is holding the $CHANCER token. This differs from betting platforms, where the winner takes all.
Holders of $CHANCER can create their markets and participate in markets created by peers. This presents an opportunity to collaborate, engage, and profit from a wider Web 3.0 betting space. Users benefit from a potential increase in the value of $CHANCER as more people join the network. They can also stake the token for passive income.
Other ways to earn include market-making rewards for creating Chancer markets through the dApp and live stream features. Users can become platform validators for a chance to earn more and enjoy priorities in platform governance. Share2Earn features also allow users to get rewarded for promoting the market to increase member participation. The platform will also introduce a “Loyalty” program to reimburse small amounts of transaction charges paid by users. The rebate is an incentive and a strategy to make the platform economically viable for its investors.
The unique ways investors earn and the decentralised model make Chancer a potentially viable investment opportunity. Being the first of its kind, investors may want to experiment with blockchain-based predictions, which could allow the ecosystem to grow and benefit investors.
Chancer presale and listings
Chancer’s presale aims to raise $15,000,000 over 12 stages. The token will be listed on Uniswap, Coingecko, and Coinmarketcap in the third quarter, followed by more listings. The testnet is expected in the fourth quarter, with the mainnet, offering full functionalities, expected in the first quarter of 2024.