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- Chancer’s presale is stay and over 22 million CHANCER tokens have rapidly bought out, with $214k raised as a brand new period for the betting trade begins.
- $CHANCER is priced at $0.01 through the first presale stage, however will rise to $0.021 by the tip of stage 12.
- $CHANCER token utilities embrace common platform engagement and validator nodes.
Regardless of the headwinds that proceed to cap upside momentum for cryptocurrency markets, as seen over these previous few weeks, there’s new pleasure amongst traders. That’s as a result of Chancer (CHANCER), a brand new decentralized betting platform, has lastly launched its token presale.
And unsurprisingly, greater than 22 million CHANCER tokens have been bought inside hours of the presale launch.
This even because the crypto prediction markets whole market cap fell to $398 million, and tokens corresponding to Gnosis (GNO), SX Community (SX) and Augur (REP) struggled alongside crypto mega caps Bitcoin (BTC) and Ethereum (ETH).
New period for Web3 social betting: 22 million CHANCER bought inside hours
As highlighted right here, the presale’s stage 1 part went stay yesterday and noticed huge curiosity as over 6.5 million tokens bought very quickly. Certainly, the Chancer presale in on hearth because the betting trade welcomes a platform that’s designed to alter the entire ecosystem.
As of writing, traders have scooped greater than 22 million tokens – all inside hours of the presale launch. Greater than $214,000 has been raised up to now.
Take a look at the CHANCER presale right here.
What’s Chancer?
Chancer is being developed because the world’s first social predictive markets platform. The protocol is constructed on the Binance Good Chain (BEP20) community and provides a platform set to disrupt the betting trade as we all know it right this moment.
It is because Chancer comes with a definite method to betting and prediction markets, full a decentralized mannequin that offers customers management over their bets.
How does Chancer work?
$CHANCER is the native token that may energy the brand new platform and holders will use it to create bets from nearly any occasion that has determinable outcomes. They will then invite mates and the broader social markets neighborhood to take part by inserting wagers towards the percentages.
So, whether or not a person is desirous about predictions for a sports activities sport, election end result or such different occasions, Chancer will supply the chance. Not like conventional betting platforms or current crypto prediction markets, Chancer doesn’t act because the “home.” Reasonably, it’s particular person members of the neighborhood who’ll create markets for occasions, set the principles and leverage sensible contracts for rewards.
Token holders can even have an opportunity to take part in markets created by others, with this giving the platform the potential to develop into the largest Web3 social prediction website. The $CHANCER token additionally provides the holder a direct stake in Chancer, with the governance function among the many many different advantages.
Chancer validator nodes will assist to make sure community safety and full decentralization.
$CHANCER tokenomics and utilities
Chancer may have a complete provide of 1.5 billion tokens. The whitepaper highlights 65% of the 1.5 billion CHANCER tokens will likely be obtainable to traders in 12 presale levels.
As defined within the mission’s whitepaper, Chancer’s goal is to supply management to the neighborhood, permitting not only for decentralization, but additionally better income alternatives. That’s what the tokenomics and utilities of the CHANCER token define, which incorporates autonomy in creating betting markets, rewards and winnings, and staking.
A Share2Earn mannequin can even see customers profit once they proactively promote the markets they create to mates and the broader international neighborhood.
Aside from watching the worth of $CHANCER enhance with demand and community progress, holders may add to potential incomes through staking. Aside from that, Chancer Node operators will earn 50% of transaction charges, whereas stakers of that exact Node will share the opposite 50%.
traders will observe that the prospect to develop into a Node opened on Tuesday, June 13 – the presale launch date. Discover extra about Chancer’s tokenomics from their whitepaper, accessible right here.
Is the Chancer presale as an excellent funding?
A presale provides retail patrons an early-bird alternative, with traders in a position to scoop tokens at considerably discounted costs earlier than public launch. Savvy traders have scoured the marketplace for subsequent gems by going for extremely anticipated token presales.
What traders would possibly need to observe is that the Chancer platform continues to be in improvement and the presale success will should be accompanied with a working product. Cryptocurrencies are additionally largely risky and unpredictable and targets when the tokens go stay on exchanges in Q3 would possibly depend upon total market situations.
Nevertheless, Chancer has outlined a betting mannequin that indicators the potential to revolutionize the betting trade. Its decentralized method, which removes the “home” mannequin, and the brand new wave of curiosity in Web3 social betting might show a cog that establishes Chancer because the go-to vacation spot for all the pieces in predictive markets.
Such a state of affairs could possibly be nice for the CHANCER token holders, with demand for the native utility token more likely to have upside affect on worth.
What’s the value of CHANCER?
$CHANCER is priced at $0.010 at this primary part and can see the protocol increase $1 million from 100,000,000 tokens. The value of CHANCER will enhance all through the presale with the ultimate stage seeing the token priced at $0.021 earlier than it launches to the general public in Q3, 2023. Customers should purchase $CHANCER utilizing BNB or BUSD (BEP20).
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