Chancer to launch token presale for its prediction platform

• Chancer, a brand new firm, will launch its token presale on June 13.

• The corporate hopes to make use of blockchain to disrupt the predictions market.

• Customers will have the ability to create their very own blockchain-secured markets.

The sports activities betting business goes by means of important development around the globe. Most of this development is coming principally from the US, a rustic the place on-line betting was banned. Right this moment, American betting firms like Fanduel, DraftKings, and BetMGM amongst others have turn into large enterprises price billions of {dollars}.

The blockchain business can disrupt the sports activities betting business due to its international nature. A number of blockchain firms are searching for to disrupt the business. A few of the firms searching for to disrupt the sector are SportX and Gnosis. Now, Chancer, a brand new firm is coming into the sector, which analysts consider is ripe for disruption.

What’s Chancer?

Chancer is a brand new firm searching for to alter the sports activities betting business by introducing new options that aren’t provided by present firms. The ecosystem will likely be secured utilizing the Biance Chain blockchain, which is the market chief in dApp growth.

Probably the most distinctive characteristic for Chancer is that, along with the accessible market, customers will have the ability to create their very own markets, which different customers can place bets on. For instance, a consumer can create a marketplace for an upcoming sport.

Along with sports activities, customers can create a marketplace for present affairs. For instance, in an election 12 months, the creator can create a marketplace for the potential winner or loser for the occasion. Whereas comparable betting markets exist, a lot of them exclude some occasions, which Chancer’s customers can benefit from.

In response to the builders, the betting market will likely be facilitated by the $CHANCER token, which will likely be created utilizing Binance’s blockchain. Sooner or later, the token will even be used for governance functions, the place holders will have the ability to submit and vote on proposals.

Chancer may have a number of options, together with the usage of good contracts, open-source code, decentralised nodes, and decentralised knowledge storage. You’ll be able to learn extra about Chancer and the way it works in its white paper.

Chancer’s upcoming token sale

As a part of the builders’ product launch, they’re planning to launch a token sale quickly. A token sale is a scenario the place customers contribute funds to a mission and are entitled to tokens when they’re listed. These customers can then exit as quickly as they’re listed or maintain them for a very long time. Prior to now, many individuals have made a fortune by investing in token presales.

Chancer is planning to lift $15 million in a token sale that may have 12 levels. In every of this levels, the worth of the token will likely be increased. Chancer’s token sale will begin on June thirteenth of this 12 months.

Chancer roadmap

Chancer’s builders have already finished the preliminary work, together with launching the web site and commissioning a Certik audit. Different actions set to happen within the second quarter are launching the presale course of, releasing the technical roadmap, and asserting partnerships with centralized exchanges. 

The third-quarter actions embody launching the BETA model of the Chancer platform and launching the validator node program. In This autumn, the main focus will likely be on product growth testnet. The mission will incorporate Filecoi in Q1 of subsequent 12 months and take away centralized entities within the ecosystem.

Will $CHANCER be a great token?

It’s nonetheless too early to find out whether or not Chancer will likely be a great funding. In addition to, the token sale is but to begin. And traditionally, investing in presales and Preliminary Coin Choices (ICOs) tends to be a high-risk and high-reward proposition. 

Subsequently, on this case, my view is that buyers can allocate some money to Chancer. As with different crypto tasks, the investor ought to concentrate on the dangers concerned.

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