- Twitter rival Threads has raced to greater than 100 million customers days after its launch.
- Chancer is a predictive markets app constructed on the blockchain and which seeks to disrupt the betting market.
- The $CHANCER presale is gaining upside momentum amid investor exuberance on challenge’s potential.
Chancer’s presale is gathering recent momentum, with over 67 million tokens offered and almost $680k raised up to now. This comes because the investor group will get to be taught concerning the potential influence of this blockchain-based predictive markets platform within the world betting trade.
The challenge can also be attracting curiosity at a time when what would find yourself as an epic battle within the social media house takes form.
What’s Threads?
Mark Zuckerberg, the CEO & founding father of Meta Platforms (previously Fb), lately introduced the launch of Threads, a brand new social media platform touted as the largest menace to Twitter. Days after the launch, which noticed over 30 million signal ups in hours, Threads has hit greater than 100 million customers.
The rivalry between this Instagram sister app and the Elon Musk-owned platform may simply be initially of what may flip right into a titanic battle. Already, Musk has labelled Threads a copycat and his legal professionals have threatened authorized motion over allegations that Meta snapped former Twitter workers to realize insider data that it used to create Threads.
Threads has Twitter-like options akin to liking posts, commenting, retweeting (reposting), and sharing. There aren’t any direct messages or hashtags. The app nevertheless helps 500 characters per thread (greater than Twitter), and movies of as much as 5 minutes.
Twitter vs. Threads: Who’s your cash on?
Statistics present Twitter’s customers quantity lower than 370 million, which suggests Threads may presumably overtake it. It’s notable that Twitter needed to wait 5 years to succeed in 100 million customers – one thing Threads did in 4 days.
Predictions on the potential of Threads overtaking Twitter or not are a part of the social dialog now. Additionally not shocking is the truth that some folks might need positioned wagers on one or the opposite final result.
Whereas the Musk vs. Zuckerberg “caged match” sort of battle has zero likelihood of occurring, if it ever does, blockchain-based Chancer app may very well be the place most wagers occur resulting from its fully completely different strategy to betting.
What’s Chancer?
Chancer is a brand new predictive markets platform that appears to faucet into the ability of blockchain know-how to revolutionise the betting trade. Whereas just a few crypto initiatives provide prediction markets merchandise, Chancer is taking a brand new strategy to the trade – one that’s tailor-made in the direction of eradicating management from conventional bookmakers.
It seeks to switch the centralised strategy of legacy betting firms with a decentralised peer-to-peer (P2P) mannequin. The purpose, in response to the Chancer whitepaper, is to place customers in charge of the markets (odds, guidelines, payouts).
Bettors putting wager on any market can play by their very own guidelines and leverage the utility of the native $CHANCER token to profit from passive earnings alternatives. Token holders even have an opportunity to earn passively by staking tokens to bolster community safety.
Chancer presale good points recent momentum
$CHANCER is a Binance Good Chain token presently in presale. There’s recent momentum for the token sale as traders poured over $200k in two days to push total fundraising proceeds to over $676k.
As CoinJournal highlighted in June, Chancer’s distinctive strategy may very well be very enticing to traders.
Traders who take part within the presale are serving to Chancer increase funds to attain its mission of democratising the betting trade. And it’s probably that investing now whereas costs of the native token are nonetheless low may include important future returns.
The platform targets $15 million throughout 12 presale phases.
A have a look at the Chancer roadmap
In addition to the whitepaper that outlines the know-how behind the challenge and the way it works, many individuals eyeing investments in its token additionally have a look at the roadmap. Most often, a transparent roadmap with strategic milestones is important to a challenge’s total success.
Chancer’s roadmap consists of the token launch on exchanges within the third quarter of 2023 earlier than additional growth of the P2P platform within the subsequent quarter. Testnets for the product will then pave the best way for the mainnet launch anticipated in Q1, 2024.
The platform may also combine Filecoin for file storage and launch its quadratic governance system as it really works on reaching true decentralisation.
In case you are searching for extra particulars about Chancer earlier than you make investments, a superb place to start out can be right here.