Crypto investors see value in Chancer’s P2P betting solution

Crypto investors see value in Chancer’s P2P betting solution

  • Chancer presale has seen investors buy over 38 million tokens in a few days.
  • The excitement about this project stems from its value proposition, particularly in disrupting the online betting industry.
  • Current presale price for CHANCER token is $0.01, likely a bargain for early investors.

The Chancer presale launched this month offering investors an early opportunity to be part of a disruptive betting platform. Is this why the token sale has already seen investors scoop more than 38 million $CHANCER tokens? 

Chancer’s value proposition is the game-changer

As an innovative blockchain-based market, Chancer’s value proposition is in its approach to betting. Simply, control is seized from centralised bookmakers and handed to bettors. No central house means custom bets and smart contracts-powered payouts, with wagers shared globally to create a real-time social environment.

At the base of it is Chancer’s potential to completely change the gambling industry by tapping into the power of Web3. Early backers of this peer-to-peer online betting platform could be investing in the most disruptive project in the predictive markets industry.

What is Chancer?

Chancer is building the world’s first truly decentralised predictions market. It employs blockchain technology to introduce the features of transparency and immutability, a trustless environment that contrasts to the heavily centralised traditional betting industry.

The CHANCER token re-empowers bettors, allowing them to remain in control of their betting experience by offering a platform where they can create their own predictive markets. No bookmaker power to decide which markets to offer and which to restrict.

It means users can participate in all manner of wagers, from the biggest sports events and political contests to that mundane bet against friends and family. And if you are not creating your own custom bet, you can jump onto one from anywhere in the world.

Chancer’s P2P platform, which is Certik audited and integrated with Google’s WebRTC, makes social betting not just fun but also likely more profitable.

Is CHANCER presale the time to buy?

CHANCER is central to how Chancer works. The token grants its holders access to the prediction market and it’s what makes it possible for participants to create all bets. Payouts are also processed in CHANCER.

The Chancer presale is why investors are flocking to the project. Projections are that the betting industry could in a few years be a $150 billion market, with an estimated 11% CAGR to 2030. Adding to this is Chancer’s potential to disrupt the whole industry even as an expected crypto boon makes for a great opportunity.

Going by these prospects, it appears investors buying CHANCER today could be early adopters of a project set to grow alongside as well as revolutionise the broader market.

At the current price of $0.01, CHANCER is arguably a massive bargain – especially given the presale will see the token’s value jump more than 100% to $0.021.

The tokens are quickly selling out as can be seen on the presale page here, and that means interested investors may want to buy now to lock in the early gains as the platform moves through its 12 presale stages.

Will CHANCER price reach $1 in 2024?

Chancer’s industry-defining project is still in development, and the roadmap shows the Beta launch of the P2P betting platform is expected in Q3, 2023. Meanwhile, the token will go live on exchanges at the end of the presale, opening it up to more investors and increasing demand.

Availability on major exchanges could inject upside action in CHANCER price at a time the crypto market could be experiencing bullish moves. Product development for Chancer will continue through Q4, with testnet for market making, virtual betting and full node deployment adding to the growth impetus.

Mainnet launch is expected in Q1, 2024. Chancer will also integrate Filecoin data storage, migrate validator nodes and deploy quadratic governance. Certik auditing to verify decentralisation will also be undertaken. Amid these is Chancers tokenomics that outline a deflationary token.

Taken as a whole, the Chancer roadmap points to a project poised to achieve key milestones. Investor confidence could spike due to this and cascade into more demand for the native token, aiding a bullish trajectory that could coincide with an anticipated bull cycle.

If CHANCER price breaks to $0.1 after it goes live, the prediction would be a run to the primary target of $1 later in 2024. However, any investor would know that prevailing market conditions remain key to future CHANCER price performance.

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