Crypto initiatives raised over $200M final week, with Chancer’s presale closing in on $1M

Key takeaways

• Cryptocurrency initiatives raised $201 million from VC corporations final week.

• Chancer’s presale is at present ongoing, and the undertaking is near hitting the $1 million mark. 

The cryptocurrency market is beginning the week in a bearish method. Bitcoin is down by greater than 2% at present and will expertise additional decline within the subsequent few hours. At press time, the worth of Bitcoin stands at $29,148 per coin.

Nevertheless, Chancer’s presale continues to soar increased, with the staff now near hitting the $1 million mark.

Crypto initiatives raised $201M in per week

Bitcoin and different cryptocurrencies have been experiencing ranging markets for the reason that begin of the month. Nevertheless, regardless of the market’s poor efficiency in July, cryptocurrency initiatives proceed to set new information.

A report by CoinDesk revealed that cryptocurrency initiatives raised $201.4 million final week. The most important earners available in the market had been initiatives that create developer instruments for zero-knowledge proofs.

VC corporations proceed to put money into cryptocurrency initiatives regardless of the bear market, indicating that there’s a robust perception about the way forward for the business.

Chancer is gaining traction regardless of not going through the VC funding path for the time being. The staff’s presale occasion is about to hit the $1 million mark, with greater than 11 million tokens bought up to now. 

What does this imply for Chancer?

Cryptocurrency initiatives elevating enormous quantities of cash from VC corporations is a transparent indication that buyers are keen to enter the market and put money into the best undertaking.

Sturdy initiatives with wonderful use instances will acquire the eye of buyers, each retail and institutional. 

Chancer is without doubt one of the thrilling and new initiatives at present within the cryptocurrency area. Chancer is without doubt one of the initiatives that’s gathering momentum amongst retail buyers. 

The staff is growing a singular Web3 peer-to-peer (P2P) customized betting platform that might make it attainable for customers to live-stream betting occasions. 

What Chancer seeks to realize is to decentralise the betting business. The platform is adopting a decentralised methodology of betting and on-line playing. 

A superb function of Chancer is that, in contrast to conventional betting platforms, it doesn’t prohibit its customers’ betting alternatives. Which means that Chancer customers can guess on a variety of occasions, past conventional sports activities and on line casino bets. 

The Chancer presale is in its first part, and the staff has raised $954,038.02 of the $1,000,000 required. Within the first presale, CHANCER is promoting for $0.01 USDT however can be elevated to $0.011 within the second stage. 

The builders will use the funds raised from the varied funding rounds to construct a P2P betting platform. 

Of their whitepaper, the Chancer staff mentioned they’d grant customers entry to quite a few options, together with, betting markets in real-time and primarily based on person pursuits, social media connections, and experience. 

Along with that, Chancer is trying to get rid of the issues related to utilizing bookmakers when betting by permitting customers to arrange their customized P2P betting markets. 

Maybe an important function of Chancer is that it might permit customers to guess on numerous actions. The guess may be on vital sporting or political occasions or trivial ones like the primary to finish a process amongst associates. 

CHANCER to go for $0.011 within the second presale stage

Chancer’s first presale stage can be accomplished quickly, and the staff will transfer to the second part. Within the first part, the CHANCER token is at present going for $0.01 USDT. 

Nevertheless, the staff will improve the token worth to $0.011 within the second presale spherical. The Chancer staff will use the funds to develop its suite of merchandise. There could be 12 presale occasions, with an collected goal of $15 million. 

CHANCER can have quite a few utilities inside the Chancer ecosystem. CHANCER token holders can have the choice of making and investing in markets created by others. 

Moreover, the token will permit holders to create, take part in, and revenue from their very personal predictive markets. 

In the meanwhile, buyers can buy CHANCER tokens utilizing quite a few wallets, together with, Belief Pockets, MetaMask, Coinbase Pockets, and Rainbow. 

Go to the Chancer web site to get extra details about the presale. 

Do you have to put money into Chancer now?

As extra buyers enter the cryptocurrency market, the main target is on wonderful initiatives nonetheless of their early levels. Chancer might change into a giant undertaking within the cryptocurrency area as a result of its distinctive nature. 

By decentralising the betting ecosystem, Chancer might acquire huge adoption inside the Web3 area and past over the following few months and years. 

A surge in adoption of the Chancer platform might additionally result in a rally by its native CHANCER token. Moreover, if the broader cryptocurrency market embarks on a Bull Run, CHANCER might change into one of many largest winners.