Technology is growing rapidly, with new projects and platforms constantly emerging to revolutionize established markets. One market about to be transformed by the power of blockchain technology is the $63 billion betting industry as Chancer, a new blockchain-based online betting platform, launches the CHANCE token presale, aiming to raise $15 million. Here’s what early entry into the Chancer presale could mean for you.
Chancer’s launch could disrupt the online betting industry
Chancer, a brand new idea in the world of online betting, will offer bettors a decentralized gambling platform that removes centralized bodies, such as the “house” or bookmakers, from the equation. Instead, with Chancer, bettors will become the house by setting their own wagers with their own odds that can be taken up by friends and family or any other players worldwide.
This pioneering peer-to-peer (P2P) model will be powered by the native CHANCE token, which will allow users to create bespoke prediction markets on almost any event without any restrictions from a centralized entity. This means that users will be able to create small bets between friends or big stakes bets on global sporting events such as the Superbowl or T20 World Cup.
Online betting is an industry where the user has limited autonomy. They’re at the mercy of a centralized body that sets the odds in their favor, meaning users always lose out. In contrast, Chancer plans to let users set markets, odds, and resolutions, all to be verified by independent moderators to ensure impartiality, providing a breath of fresh air in the online betting sector.
Chancer is co-founded by the Kelbie brothers, Paul and Adam, who believe that blockchain technology can revolutionize the online betting industry for the greater good by emphasizing transparency and placing control in the hands of the users. As a result, the platform looks set to attract casual and seasoned bettors alongside serious crypto investors to put the enjoyment back into online betting.
What makes Chancer unique?
Chancer will be a unique platform in itself by becoming a pioneer in using blockchain technology to disrupt the online betting industry. But what makes the Chancer presale one of the best cryptos to invest in now?
Chancer will offer a wider range of incentives to attract users to the platform, including the novel use of Google’s WebRTC live streaming software, which will allow bettors to watch the outcome of their bets in real-time while offering real-time markets that can be shared to more and more participants. For those creating markets, this means extra CHANCE tokens under the platform’s novel Share2Earn scheme.
Meanwhile, the platform’s versatility, which doesn’t confine users to sports betting markets, is expected to be a winner with users. Players will be able to create markets for any events they wish, from the outcome of political elections worldwide to who will win Best Picture at the Golden Globes or Oscars. As a result, Chancer can expect to attract a much more diverse audience to its platform than traditional online gambling apps.
Chancer is entirely committed to transparency, with its open-source code available for users to interrogate and suggest changes. In addition, as the platform is built on Binance Smart Chain (BSC), all transactions are publicly visible. This approach, along with fast transaction speeds and low fees, is alien to current online gambling apps.
This all feeds into Chancer’s governance plans, which provide one of the most compelling reasons why Chancer could be the best crypto to invest in now. With plans to turn Chancer into a decentralized autonomous organization (DAO), CHANCE token holders can vote on how the platform moves forward.
Take a CHANCE on the Chancer presale: Potentially one of the best cryptos to invest in now
The CHANCE token will provide the wherewithal for the Chancer ecosystem to function. The primary purpose is as the medium of exchange to enable users to make bets and receive payouts, yet it will also be usable as a staking token and for users to create markets. In addition to its eventual use as a governance coin, the value of CHANCE will be directly linked to the platform’s success.
The launch of the Chancer presale will present investors with a once-in-a-lifetime opportunity to be part of one of the best cryptos to invest in now. With its aim of raising $15 million — a drop in the ocean for most gambling companies — demand for tokens in this decentralized, user-controlled platform will likely be enormous. The stage one presale price of $0.01 looks undervalued, cementing CHANCE as one of the best crypto to invest in now.
You can take part in the CHANCE presale here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.
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