- Twitter rival Threads reached over 100 million customers inside days of its launch.
- Chancer is a predictive markets app constructed on the blockchain that seeks to disrupt the betting market.
- The $CHANCER presale is gaining momentum amid investor exuberance over the mission’s potential.
The Chancer presale is gaining momentum, with over 67 million tokens bought and practically $680,000 raised to this point. This comes because the funding neighborhood learns in regards to the potential affect of this blockchain-based predictive markets platform on the worldwide betting trade.
The mission can also be garnering curiosity at a time when what’s going to culminate in an epic battle within the social media area is looming.
What’s Threads?
Mark Zuckerberg, CEO and founding father of Meta Platforms (previously Fb), just lately introduced the launch of Threads, a brand new social media platform touted as the most important risk to Twitter. Inside days of launching, which noticed over 30 million signups inside hours, Threads reached over 100 million customers.
The rivalry between this Instagram sister app and the Elon Musk-owned platform could possibly be simply the beginning of what may flip right into a titanic battle. Already, Musk has known as Threads a copycat and his attorneys have threatened authorized motion over allegations that Meta took former Twitter staff to acquire inside info he used to create Threads.
Threads has options much like Twitter corresponding to posts, feedback, retweet (repost) and share. There are not any direct messages or hashtags. The app does, nevertheless, help 500 characters per thread (greater than Twitter) and movies as much as 5 minutes lengthy.
Twitter vs. Threads: Who’s Your Cash On?
Statistics present that the variety of Twitter customers is lower than 370 million, which signifies that Threads may ultimately surpass it. It ought to be famous that Twitter needed to wait 5 years to achieve 100 million customers, which Threads did in 4 days.
Predictions on whether or not or not Threads will overtake Twitter have change into a part of the social dialog. Neither is it stunning that some folks positioned bets on both end result.
Whereas the ‘caged match’ sort battle between Musk and Zuckerberg has no likelihood of occurring, if it ever does, the blockchain-based Chancer app could possibly be the place many of the betting occurs. as a result of its fully completely different method to betting.
What’s Likelihood?
Chancer is a brand new predictive markets platform that seeks to harness the facility of blockchain know-how to revolutionize the betting trade. Whereas just a few crypto initiatives provide prediction markets merchandise, Chancer is taking a brand new method to the trade – one designed to take away management from conventional bookmakers.
It goals to interchange the centralized method of previous betting corporations with a decentralized peer-to-peer (P2P) mannequin. The aim, based on the Chancer whitepaper, is to present customers management of the markets (odds, guidelines, payouts).
Bettors putting bets on any market can play by their very own guidelines and leverage the utility of the native $CHANCER token to profit from passive revenue alternatives. Token holders even have an opportunity to earn passively by staking tokens to reinforce community safety.
The Chancer presale will get a brand new enhance
$CHANCER is a Binance Good Chain token at present on presale. There may be renewed momentum for the token sale as traders poured in over $200,000 in two days to deliver the general fundraising proceeds to over $676,000.
As CoinJournal identified in June, Chancer’s distinctive method could possibly be very engaging to traders.
Traders who take part within the presale assist Chancer increase funds to attain its mission of democratizing the betting trade. And it is seemingly that investing now whereas the native token’s costs are nonetheless low may lead to important future returns.
The platform is aiming for $15 million over 12 presale levels.
A Have a look at the Chancer Roadmap
Along with the whitepaper that describes the know-how behind the mission and the way it works, many individuals contemplating investments in its token are additionally trying on the roadmap. Normally, a transparent roadmap with strategic milestones is crucial to the general success of a mission.
Chancer’s roadmap consists of launching tokens on exchanges in Q3 2023 forward of additional improvement of the P2P platform within the subsequent quarter. Testnets for the product will then pave the best way for the mainnet launch scheduled for Q1 2024.
The platform may even combine Filecoin for file storage and launch its quadratic governance system as it really works to attain true decentralization.
If you’re in search of extra particulars about Chancer earlier than investing, place to begin could be right here.
