Chancer presale: 22 million CHANCER tokens bought inside hours

• Chancer’s presale is dwell and over 22 million CHANCER tokens have rapidly bought out, with $214k raised as a brand new period for the betting trade begins.
• $CHANCER is priced at $0.01 throughout the first presale stage, however will rise to $0.021 by the top of stage 12.
• $CHANCER token utilities embrace common platform engagement and validator nodes.

Regardless of the headwinds that proceed to cap upside momentum for cryptocurrency markets, as seen over these previous few weeks, there’s new pleasure amongst traders. That’s as a result of Chancer (CHANCER), a brand new decentralized betting platform, has lastly launched its token presale.

And unsurprisingly, greater than 22 million CHANCER tokens have been bought inside hours of the presale launch.

This even because the crypto prediction markets whole market cap fell to $398 million, and tokens akin to Gnosis (GNO), SX Community (SX) and Augur (REP) struggled alongside crypto mega caps Bitcoin (BTC) and Ethereum (ETH).

New period for Web3 social betting: 22 million CHANCER bought inside hours

As highlighted right here, the presale’s stage 1 section went dwell yesterday and noticed huge curiosity as over 6.5 million tokens bought very quickly. Certainly, the Chancer presale in on fireplace because the betting trade welcomes a platform that’s designed to vary the entire ecosystem. 

As of writing, traders have scooped greater than 22 million tokens – all inside hours of the presale launch. Greater than $214,000 has been raised up to now.

Take a look at the CHANCER presale right here.

What’s Chancer?

Chancer is being developed because the world’s first social predictive markets platform. The protocol is constructed on the Binance Good Chain (BEP20) community and presents a platform set to disrupt the betting trade as we all know it at this time.

It is because Chancer comes with a definite strategy to betting and prediction markets, full a decentralized mannequin that provides customers management over their bets.

How does Chancer work?

$CHANCER is the native token that may energy the brand new platform and holders will use it to create bets from nearly any occasion that has determinable outcomes. They will then invite associates and the broader social markets neighborhood to take part by putting wagers in opposition to the percentages.

So, whether or not a person is curious about predictions for a sports activities sport, election outcome or such different occasions, Chancer will supply the chance. Not like conventional betting platforms or present crypto prediction markets, Chancer doesn’t act because the “home.” Moderately, it’s particular person members of the neighborhood who’ll create markets for occasions, set the principles and leverage good contracts for rewards.

Token holders can even have an opportunity to take part in markets created by others, with this giving the platform the potential to develop into the most important Web3 social prediction web site. The $CHANCER token additionally provides the holder a direct stake in Chancer, with the governance characteristic among the many many different advantages.

Chancer validator nodes will assist to make sure community safety and full decentralization.

$CHANCER tokenomics and utilities

Chancer can have a complete provide of 1.5 billion tokens. The whitepaper highlights 65% of the 1.5 billion CHANCER tokens shall be accessible to traders in 12 presale phases.

As defined within the challenge’s whitepaper, Chancer’s goal is to supply management to the neighborhood, permitting not only for decentralization, but in addition higher income alternatives. That’s what the tokenomics and utilities of the CHANCER token define, which incorporates autonomy in creating betting markets, rewards and winnings, and staking.

A Share2Earn mannequin can even see customers profit once they proactively promote the markets they create to associates and the broader international neighborhood.

Aside from watching the worth of $CHANCER improve with demand and community progress, holders can even add to potential incomes by way of staking. Apart from that, Chancer Node operators will earn 50% of transaction charges, whereas stakers of that specific Node will share the opposite 50%.

traders will observe that the possibility to develop into a Node opened on Tuesday, June 13 – the presale launch date. Discover extra about Chancer’s tokenomics from their whitepaper, accessible right here.

Is the Chancer presale as funding?

 A presale presents retail consumers an early-bird alternative, with traders capable of scoop tokens at considerably discounted costs earlier than public launch. Savvy traders have scoured the marketplace for subsequent gems by going for extremely anticipated token presales.

What traders would possibly wish to observe is that the Chancer platform continues to be in growth and the presale success will have to be accompanied with a working product. Cryptocurrencies are additionally largely risky and unpredictable and targets when the tokens go dwell on exchanges in Q3 would possibly rely on general market circumstances.

Nevertheless, Chancer has outlined a betting mannequin that indicators the potential to revolutionize the betting trade. Its decentralized strategy, which removes the “home” mannequin, and the brand new wave of curiosity in Web3 social betting may 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 the CHANCER token holders, with demand for the native utility token prone to have upside influence on value.

What’s the worth of CHANCER?

$CHANCER is priced at $0.010 at this primary section and can see the protocol increase $1 million from 100,000,000 tokens. The value of CHANCER will improve all through the presale with the ultimate stage seeing the token priced at $0.021 earlier than it launches to the general public in Q3, 2023. Customers should buy $CHANCER utilizing BNB or BUSD (BEP20).