The battle to be seen as the best crypto to buy is now intensifying, and joining the battle are two currencies opening new frontiers in the crypto sector. Online payment portal PayPal is launching the PayPal stablecoin (PYUSD) as part of the platform’s push toward becoming a fully-fledged DeFi platform.
Meanwhile, Chancer is looking to disrupt the vast online betting market, already valued at $60 billion, with its brand-new peer-to-peer (P2P) online prediction model. Created by passionate online betting fans and entrepreneurs Adam and Paul Kelbie, Chancer could ignite the blockchain sector with its unique take on online betting.
PayPal’s stablecoin is the first step on the DeFi ladder
Jose Fernandez da Ponte, Paypal’s senior VP of blockchain, crypto, and digital currencies, has said that the recently launched PayPal stablecoin is intended to be usable across the entire blockchain sector. With stablecoins underpinning DeFi platforms, PayPal wants its version to become a genuine alternative to USDT.
The PYUSD token is currently only available through the PayPal wallet and not yet through any crypto exchanges, although releases on leading CEXs are imminent. Once this hurdle is cleared, the ERC-20-launched PayPal stablecoin will be usable on any Ethereum-compatible platform.
Best of all, PYUSD complies entirely with all US crypto regulations regarding Know Your Customer (KYC) and anti-money laundering. It is ready to join its parent platform in becoming a giant in transacting money throughout the virtual and real worlds.
What is Chancer?
Chancer is betting on the luster of its new P2P betting model to take the online gambling world by storm and propel it onto the top step of the podium, a gold medal hanging proudly around its neck. Unlike other traditional online betting platforms that dictate markets, rules, and odds, Chancer’s decentralized platform provides punters with a bespoke betting system that transfers power into their hands.
Anyone can use Chancer to create custom markets on any event they choose, earning a profit when they win and chasing the thrill of the win when taking on other people’s markets. Rather than being limited to the odds set by a centralized, biased bookie, users can choose to take wagers on the next person. Be it a friend to get the milk right or to global events like the Women’s World Cup final or guessing the next World Series champs.
How does CHANCER work?
The CHANCER token unlocks the Chancer ecosystem’s power, fun, and profit potential. By offering punters the chance to democratically bet by defining the market, terms, and odds of the game, punters win big, not the corporate big-wigs in their ivory towers.
The founders, the Kelbie brothers, are fully involved in the Chancer community, taking on all-comers at challenges set through their YouTube channel, such as eating hot wings or whopping them at FIFA. Indeed, it’ll surprise no one who has interacted with CEO Adam and Product Head Paul online that Chancer’s birth owes itself to a pub bet.
Users have several opportunities to make money as they bet by successfully winning wagers and creating appealing markets that other users flock to. Punters can leverage the power of social media platforms such as Twitter and TikTok to promote their bets. The more that take on the odds, the more passive income flows into users’ wallets.
Not only that, but Chancer is a betting platform with a conscience. The Kelbie brothers place a heavy emphasis on user safety. The proof-of-stake (PoS) consensus mechanism provided by the Binance Smart Chain (BSC) provides users with a fully decentralized and democratic platform with an immutable public ledger while offering users a say in how the experience develops over time.
In addition, users can vote for a charity to benefit from a percentage of all transaction fees in the ecosystem, meaning that it’s not just punters that win big but some of society’s most vulnerable. With a team of moderators working tirelessly to ensure fairness on all markets and odds set, Chancer provides a genuinely exciting and enjoyable online betting experience and one where safety matters. This all adds up to Chancer becoming a front-runner in the race to be the best crypto to buy now.
What is next for Chancer?
While PayPal stablecoin’s value is connected to the health of USD, Chancer has the opportunity to exceed this level of performance and potentially go viral over the coming months and years.
The CHANCER ICO recently launched at $0.01 and will rise over twelve stages to an eventual price of $0.021. Once the presale ends, CHANCER will launch on major crypto exchanges, beginning with Bitmart, opening an infinitely broader audience to the charms of this disruptive online betting platform.
Indeed, as if the comprehensive feature suite wasn’t enough to whet the appetite of betting fans, investors, and crypto enthusiasts, CHANCER is incentivizing the ICO with a series of exciting giveaways. Beginning with the $100,000 token giveaway, which ten lucky winners will share, Chancer is unquestionably the MVP in the new crypto market as it aims to become the best crypto to buy now.
Analysts are already forecasting where Chancer might end up once it goes public, with many predicting 10x returns for all presale investors by the end of 2023 as the price races toward $0.25. After that, the sky’s the limit, with predictions of $1 by 2025 looking realistic.
Is Chancer the best crypto to buy now?
Chancer is a rarity in the crypto sector by bridging two exciting growth markets, both of which are projected to grow exponentially in the next couple of years; online betting and blockchain. While the Paypal stablecoin could become a massive challenger to USDT in the next few years, Chancer could become a revolutionary product upsetting an entire multi-billion dollar market.
Currently priced at $0.011, CHANCER could quickly be the best crypto to buy now — ready for when it hits its first public exchange Bitmart and takes flight. While there’s no such thing as a sure bet in the crypto sector, Chancer is a hot favorite to become the betting world’s next hot thing. Get your tokens now to avoid FOMO and become part of something extraordinary.
You can take part in the CHANCER presale here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.