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Chancer Token Presale Surges Past $750k in Under 4 Weeks

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Written By: Michael Abadha
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    Summary:
  • Chancer gives bettors the freedom to play house and a chance to determine their own odds on local and international events.

The developers of Chancer, a blockchain-based predictive markets app, have announced that they have successfully raised $750,000 in just 4 weeks of their presale. With less than 23% of tokens remaining before the 10% increase in price, it appears like Stage 1 may soon sell out.

The innovative idea behind the platform is what’s getting people excited about the project. It provides entirely decentralised betting, allowing individuals to “become the house” and set their own odds. Chancer is the first blockchain-based betting platform that is both decentralised and entirely democratic.

Decentralised predictive market

Bettors are typically at the receiving end of unfavourable odds established by the house or bookmaker. From the outset, the deck is stacked against the bettor. Moreover, these bookmakers typically restrict bettors to wagering on sports and other popular events.

Adam Kelbie, CEO of Chancer, said “I am delighted with the engagement we’re seeing in the ever-growing Chancer community, as well as the raise – but not completely surprised to be honest! This idea has been years in the making, and this is the year we deliver something huge. We’re not only seeing increased investor interest by the day, but a number of potential partner collaborations.”

Due to the decentralised nature of the network, wagers are placed directly between users. Users can place local bets with friends or join widespread wagers on international events like the World Cup Final, the Academy Awards, and the U.S. presidential election. The CHANCER token is the platform’s fuel, and all wagers are placed and settled in this cryptocurrency.

If you want to buy some Chancer tokens, you can do so on the main site.  Users can place wagers on events in real time and have conversations with other viewers thanks to Google’s WebRTC technology.

With a completely KYC’d workforce and the assurance of authenticity that comes from a comprehensive development plan, the fact that Chancer has been audited by CertiK only serves to increase confidence in the project.

The current goal of Chancer’s fundraising campaign is $15 million. Moreover, since the first $750,000 was raised so quickly, the company is optimistic that the rest of the way there will go as smoothly. After the presale ends, Chancer token will be released on a number of exchanges that will be disclosed at the time.

Roadmap, growth prospects and incentives

Chancer has a comprehensive road map outlining everything from the presale to future transition to DAO. It’s easy to see why early adopters would want to join in on the ground floor of Chancer given its promising future and very inexpensive entry price. In addition, the presale is now accessible to millions more investors as of July 12th, when the developers included USDT and ETH as payment choices.

Moreover, CHANCER token holders are entitled to a number of benefits. Staking tokens offers users the chance to make passive token revenue and reduce betting expenses. All of this, plus the fact that users can determine their own odds, makes it a novel idea for the crypto and gambling communities.

Chancer has begun holding a $100,000 giveaway in tokens to further whet appetites and attract an even greater crowd. This is Chancer’s way of giving back to the community, and ten lucky winners will each get a significant portion of the money. Users with any amount of CHANCER in their wallets are eligible to win, regardless of the total number of coins they hold.

This post was last modified on Jul 15, 2023, 10:54 BST 10:54

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha