Chancer to launch token presale for prediction platform.
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Chancer is a new company that will start selling its tokens on June 13th.
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The company aims to use blockchain technology to disrupt the sports betting industry.
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Users will have the ability to create their own secure blockchain-based markets.
The sports betting industry is experiencing significant growth worldwide, with the majority of this growth coming from the United States, where online betting was previously banned. Today, American betting companies like Fanduel, DraftKings, and BetMGM have become billion-dollar giants.
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The global nature of blockchain technology makes it a promising tool for disrupting the sports betting industry. Several blockchain companies, including SportX and Gnosis, are already seeking to disrupt the industry. Chancer, a new company, is now entering the sector, which analysts believe is ripe for disruption.
What is Chancer?
Chancer is a new company seeking to change the sports betting industry by offering new features that are not available from existing companies. The ecosystem will be secured using the Biance Chain blockchain, which is the market leader in dApp development.
The most unique feature of Chancer is that users will be able to create their own markets, in addition to the available ones, on which other users can place bets. For example, a user can create a market for an upcoming game.
In addition to sports, users can create a market for current events, such as an election year, where the creator can create a market for the potential winner or loser. While similar betting markets exist, Chancer’s users can take advantage of markets that other platforms exclude.
The betting market will be facilitated by the $CHANCER token, which will be created using Binance’s blockchain. In the future, the token will also be used for governance purposes, where holders can submit and vote on proposals.
Chancer will use smart contracts, open-source code, decentralized nodes, and decentralized data storage. More information on Chancer and how it works can be found in the white paper.
Chancer’s upcoming token sale
As part of the product launch, developers plan to launch a token sale soon. In a token sale, users contribute funds to a project and receive tokens when they are listed. These users can then exit as soon as they are listed or hold them for a long time. In the past, many people have made a fortune by investing in token presales.
Chancer plans to raise $15 million in a token sale that will have 12 stages. In each stage, the price of the token will be higher. Chancer’s token sale will start on June 13th of this year.
Chancer roadmap
Chancer’s developers have already done preliminary work, including launching the website and commissioning a Certik audit. Other activities set to take place in the second quarter are launching the presale process, releasing the technical roadmap, and announcing partnerships with centralized exchanges.
Third-quarter activities include launching the BETA version of the Chancer platform and launching the validator node program. In Q4, the focus will be on product development testnet. The project will incorporate Filecoi in Q1 of next year and remove centralized entities in the ecosystem.
Will $CHANCER be a good token?
It is still too early to determine whether Chancer will be a good investment, and the token sale has yet to start. Historically, investing in presales and Initial Coin Offerings (ICOs) tends to be a high-risk and high-reward proposition.
Therefore, in this case, investors can allocate some cash to Chancer, but they should be aware of the risks involved, as with other crypto projects.
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