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Chancer, one of the most exciting new Web3 projects of 2023, officially launched its crypto presale today, June 13th. The project aims to disrupt the betting industry by removing the house from the picture and putting the markets firmly in the hands of punters, allowing users to create their own betting markets, set their own odds and create their own own rules.
Chancer is the world’s first decentralized predictive markets app, which co-founders and brothers Adam and Paul Kelbie believe will radically change the way people bet and ultimately make betting fun again.
Chancer positions itself as a betting facilitator, not a betting house, allowing users to create peer-to-peer (P2P) bets. It can be small friendly bets between a small group of people or huge viral bets such as predicting the final result of the Champions League or who will win the best director award at the Oscars, in which masses of people can participate . Chancer does not limit people to sports betting; bets can be made on any prediction or event, a stark contrast to most bookmakers. Its inherent appeal is that users are in complete control of their bets and won’t lose to a traditional bookmaker who puts the odds in their favor.
Adam Kelbie, CEO of Chancer, said:
We were convinced that we could change the way betting and gambling worked. The next few months are going to be very exciting and we are excited that we can bring a new cryptocurrency to such a competitive market. Were doing something no one else has done, disrupting an industry that has had the odds against consumers since its inception. It won’t be easy, but we were ready for the fight.
How CHANCE works
All bets and payouts are made in Chancers native token, CHANCER, which can then be exchanged with stablecoins like USDT. The online betting and gambling industry is huge, worth around $64 billion (in 2022), and Chancer aims to capitalize on it and claim a dominant position in the space.
The CHANCER token will be launched on the Blockchain BSC and is now available during its presale, which consists of 12 stages in total. The token is now available at a price of $0.010 in the first stage of the presale and will eventually reach $0.021 in stage 12, which is a 70% increase from the initial price of the first stage of the presale.
Revolutionizing the betting industry with future-proof capabilities
As stated in the whitepaper, the project has a well-planned roadmap outlining a variety of product use cases to attract different types of investor interest. Chancer also aims to achieve and maintain true decentralization. To do this, Chancer will have a proof-of-stake consensus mechanism so that no one party can take control of the network. Quadratic governance will entrust decision-making to platform users.
For full transparency, the Chancers source code will remain open. It also means that everyone is welcome to review, contribute and propose changes to how the platform works with the assurance that they will be listened to.
Uniquely, Chancer will be channeled through Google’s WebRTC real-time communication capability to broadcast live events to its community.
Chancer believes in rewarding its users and will therefore be offering CHANCER tokens simply for using the platform, as well as a Share2Earn program, staking and reduced fees for those who create and participate in the marketplace, making it makes it profitable for those who frequently use the platform. Another way to earn passive income through Chancer is to become a node validator.
About the odds
Chancer is set to develop the world’s first decentralized predictive social market platform. This will allow Chancer token holders to create, participate in, and profit from their own predictive markets based on their interests, expertise, and social opportunities.
The project aims to disrupt the global gambling and betting market by taking down the house and taking market share as it gains attention by challenging the traditional business model of bookmaking and betting .
Website | White Paper | Social
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CEO
Adam Kelbie
Odds
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