Chancer to launch token presale for its prediction platform

• Chancer, a brand new firm, will launch its token presale on June 13.

• The corporate hopes to make use of blockchain to disrupt the predictions market.

• Customers will have the ability to create their very own blockchain-secured markets.

The sports activities betting business goes via vital development around the globe. Most of this development is coming largely from the US, a rustic the place on-line betting was banned. At present, American betting firms like Fanduel, DraftKings, and BetMGM amongst others have change into big enterprises price billions of {dollars}.

The blockchain business can disrupt the sports activities betting business due to its world nature. A number of blockchain firms are searching for to disrupt the business. A few of the firms searching for to disrupt the sector are SportX and Gnosis. Now, Chancer, a brand new firm is getting into the sector, which analysts imagine is ripe for disruption.

What’s Chancer?

Chancer is a brand new firm searching for to alter the sports activities betting business by introducing new options that aren’t provided by current firms. The ecosystem can be secured utilizing the Biance Chain blockchain, which is the market chief in dApp growth.

Probably the most distinctive characteristic for Chancer is that, along with the out there market, customers will have the ability to create their very own markets, which different customers can place bets on. For instance, a person can create a marketplace for an upcoming recreation.

Along with sports activities, customers can create a marketplace for present affairs. For instance, in an election yr, the creator can create a marketplace for the potential winner or loser for the occasion. Whereas related betting markets exist, a lot of them exclude some occasions, which Chancer’s customers can reap the benefits of.

In line with the builders, the betting market can be facilitated by the $CHANCER token, which can be created utilizing Binance’s blockchain. Sooner or later, the token may even be used for governance functions, the place holders will have the ability to submit and vote on proposals.

Chancer could have a number of options, together with the usage of sensible contracts, open-source code, decentralised nodes, and decentralised information storage. You may learn extra about Chancer and the way it works in its white paper.

Chancer’s upcoming token sale

As a part of the builders’ product launch, they’re planning to launch a token sale quickly. A token sale is a scenario the place customers contribute funds to a undertaking and are entitled to tokens when they’re listed. These customers can then exit as quickly as they’re listed or maintain them for a very long time. Prior to now, many individuals have made a fortune by investing in token presales.

Chancer is planning to lift $15 million in a token sale that can have 12 levels. In every of this levels, the worth of the token can be greater. Chancer’s token sale will begin on June thirteenth of this yr.

Chancer roadmap

Chancer’s builders have already executed the preliminary work, together with launching the web site and commissioning a Certik audit. Different actions set to happen within the second quarter are launching the presale course of, releasing the technical roadmap, and asserting partnerships with centralized exchanges. 

The third-quarter actions embrace launching the BETA model of the Chancer platform and launching the validator node program. In This fall, the main target can be on product growth testnet. The undertaking will incorporate Filecoi in Q1 of subsequent yr and take away centralized entities within the ecosystem.

Will $CHANCER be a great token?

It’s nonetheless too early to find out whether or not Chancer can be a great funding. Apart from, the token sale is but to begin. And traditionally, investing in presales and Preliminary Coin Choices (ICOs) tends to be a high-risk and high-reward proposition. 

Subsequently, on this case, my view is that buyers can allocate some money to Chancer. As with different crypto initiatives, the investor ought to pay attention to the dangers concerned.