- The Chancer presale is reside and over 22 million CHANCER tokens have shortly bought out, with $214,000 raised as a brand new period for the betting business begins.
- $CHANCER is priced at $0.01 throughout the first presale stage, however will drop to $0.021 on the finish of stage 12.
- $CHANCER token utilities embody basic platform engagement and validation nodes.
Regardless of headwinds that proceed to restrict bullish momentum in cryptocurrency markets, as seen in current weeks, there’s renewed enthusiasm amongst traders. It’s because Chancer (CHANCER), a brand new decentralized betting platform, has lastly launched its token presale.
And unsurprisingly, over 22 million CHANCER tokens had been bought inside hours of the presale launching.
This at the same time as the overall market capitalization of the crypto prediction markets fell to $398 million, and tokens corresponding to Gnosis (GNO), SX Community (SX) and Augur (REP) struggled alongside crypto megacaps Bitcoin ( BTC) and Ethereum (ETH).
New period for Web3 social betting: 22 million CHANCER bought in just a few hours
As highlighted right here, Part 1 of the presale went reside yesterday and garnered huge curiosity with over 6.5 million tokens bought very quickly. Certainly, the Chancer presale is on hearth because the betting business welcomes a platform designed to vary all the ecosystem.
As of this writing, traders have scooped up over 22 million tokens, all inside hours of the presale kicking off. Over $214,000 has been raised thus far.
Take a look at the CHANCER presale right here.
What’s Probability?
Chancer is being developed because the world’s first predictive social markets platform. The protocol is constructed on the Binance Sensible Chain Community (BEP20) and provides a platform designed to disrupt the betting business as we all know it right this moment.
Certainly, Chancer provides a definite strategy to betting and prediction markets, enhances a decentralized mannequin that places customers accountable for their bets.
How does Chancer work?
$CHANCER is the native token that can energy the brand new platform and holders will use it to create bets from virtually any occasion with determinable outcomes. They will then invite buddies and the broader social market group to take part by putting bets towards the chances.
So whether or not a person is involved in predictions for a sports activities match, election consequence, or different occasions, Chancer will present the chance. Not like conventional betting platforms or present crypto prediction markets, Chancer doesn’t act as a “home”. Moderately, it’s the particular person members of the group who will create markets for occasions, set the principles, and leverage sensible contracts for rewards.
Token holders may also have the flexibility to take part in marketplaces created by others, giving the platform the potential to grow to be the biggest Web3 social prediction website. The $CHANCER token additionally offers its holder a direct stake in Chancer, with the governance perform amongst many different advantages.
Chancer validator nodes will assist guarantee community safety and full decentralization.
$CHANCER tokenomics and utilities
Chancer could have a complete provide of 1.5 billion tokens. The whitepaper highlights that 65% of the 1.5 billion CHANCER tokens can be obtainable to traders in 12 pre-sale phases.
As defined within the challenge’s white paper, Chancer’s purpose is to supply management to the group, enabling not solely decentralization, but in addition larger income alternatives. That is what tokenomics and CHANCER token utilities describe, which incorporates autonomy in creating betting markets, rewards and payouts, and staking.
A Share2Earn mannequin may also enable customers to learn from proactively selling the marketplaces they create to their buddies and the broader international group.
Along with seeing the worth of $CHANCER enhance with demand and community progress, holders may add to potential earnings by means of staking. Aside from that, Chancer Node operators will earn 50% of the transaction price, whereas stakers of that individual node will share the remaining 50%.
traders will observe that the possibility to grow to be a node opened on Tuesday, June 13 – the launch date of the presale. Study extra about Chancer’s tokenomics of their whitepaper, accessible right here.
Is the Chancer presale a superb funding?
A pre-sale provides retail patrons an early hen alternative, with traders in a position to decide up tokens at considerably discounted costs forward of the general public launch. Refined traders scoured the marketplace for the following gems as they opted for extremely anticipated token presales.
What traders would possibly wish to observe is that the Chancer platform remains to be in improvement and pre-sale success will must be accompanied by a working product. Cryptocurrencies are additionally largely risky and unpredictable and targets for when tokens go reside on exchanges in Q3 might rely on basic market circumstances.
Nevertheless, Chancer described a betting mannequin that alerts the potential to revolutionize the betting business. Its decentralized strategy, which does away with the “in-house” mannequin, and the brand new wave of curiosity in Web3 social betting might show a cog that establishes Chancer because the go-to vacation spot for every thing in predictive markets.
Such a situation might be nice for CHANCER token holders, as demand for the native utility token is prone to have an upward affect on the value.
What’s the value of CHANCER?
$CHANCER is priced at $0.010 on this first part and can see the protocol increase $1 million from 100,000,000 tokens. The value of CHANCER will enhance all through the pre-sale, with the ultimate stage seeing the token priced at $0.021 earlier than its public launch in Q3 2023. Customers should buy $CHANCER utilizing BNB or BUSD (BEP20).
