Chancer, the blockchain-based predictive markets app, has announced that it will list its native token on BitMart, the crypto exchange which has users in over 180 countries and a daily trading volume of over $500 million. In doing so, it takes a significant step towards its ultimate objective of introducing innovative and secure financial solutions to the DeFi sphere, such as yield farming, staking, and decentralised token swaps.
Any user of the Chancer platform can create a bet on any topic, with any odds they like, and other users can choose to wager against them in real-time through a broadcast. By eliminating the need for a central betting house or bookmaker, the platform returns control to the players.
Chancer has recently announced that it has successfully raised over $1 million, and the listing on BitMart couldn’t have come at a better time. The team behind the project insists this is only the beginning and that they will continue to pursue other exchange partnerships and monitor the outcomes of similar projects closely.
Users of Chancer have the opportunity to profit in a number of different ways, including betting, market-making rewards, staking, and its Share2Earn system. As the medium of exchange for all bets and the means through which winnings are distributed, CHANCER tokens have practical value.
Chancer is giving away a total of $100,000 in tokens in addition to a Las Vegas trip worth $25,000. This is part of an effort to market itself and sign up new users. Anyone with CHANCER tokens can take part in the giveaways on Gleam, proving that the platform’s community will be key to realising its mission. Ultimately, Chancer hopes to raise $15 million in a phased-out fundraising campaign. Participants can lock in the current price of $0.011 at Stage 2 of the presale, before it increases by 9% to $0.012 during Stage 3.
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