• Chancer’s pre-sale is now dwell and over 22 million CHANCER tokens bought out shortly, elevating $214,000 firstly of a brand new period within the betting trade.
• The worth of $CHANCER is $0.01 within the first pre-sale stage, rising to $0.021 by the top of stage 12.
• The $CHANCER token utility consists of frequent platform engagement and validation nodes.

As seen up to now few weeks, there’s renewed pleasure amongst buyers regardless of the headwinds that proceed to dampen the upward momentum within the cryptocurrency market. That is as a result of the brand new decentralized betting platform, Chancer (CHANCER), has lastly launched its token pre-sale.

And never surprisingly, over 22 million CHANCER tokens have been bought inside hours of the presale launch.

Which means the market capitalization of the cryptocurrency prediction market has dropped to $398 million, and tokens equivalent to Gnosis (GNO), SX Community (SX), and Augur (REP) have fallen into cryptocurrency mega-cap Bitcoin. (BTC) and Ethereum (ETH) are struggling.

Web3 New Period of Social Betting: 22 million CHANCER bought inside hours

As highlighted right here, the Stage 1 part of the pre-sale kicked off yesterday, instantly promoting over 6.5 million tokens and garnering a variety of curiosity. Actually, Chancer’s pre-sale is booming because the betting trade welcomes a platform designed to remodel the whole ecosystem.

As of this writing, buyers have collected over 22 million tokens, all inside hours of the presale launch. Over $214,000 has been raised to date.

Try the CHANCER presale right here.

What’s Chancer?

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

It’s because Chancer has a singular strategy to betting and prediction markets, perfecting a decentralized mannequin that offers customers management over their bets.

How does Chancer work?

$CHANCER is the native token that powers the brand new platform, with which holders can create bets from nearly any occasion with a particular final result. You may then wager on the chances and invite your mates and the broader social market neighborhood to hitch you.

So, whether or not people are excited about predicting sports activities video games, election outcomes, or different occasions, Chancer gives that chance. Not like conventional betting platforms and current cryptocurrency prediction markets, Chancer doesn’t act as a ‘home’. Somewhat, it’s the particular person members of the neighborhood who create the marketplace for occasions, set the principles, and leverage sensible contracts to earn rewards.

Token holders may even have the prospect to take part in markets created by others, growing the potential of the platform to change into the biggest Web3 social prediction website. The $CHANCER token offers the holder a direct stake in his Chancer and gives governance options amongst many different advantages.

Chancer validator nodes assist guarantee community safety and full decentralization.

$CHANCER Tokennomics and Utilities

The whole provide of Chancer will likely be 1.5 billion tokens. The whitepaper highlights that 65% of the 1.5 billion CHANCER tokens will likely be obtainable to buyers in 12 pre-sale levels.

As defined within the undertaking’s whitepaper, Chancer’s goal is to supply management to the neighborhood, permitting not solely decentralization but additionally better income alternatives. Right here is an summary of the tokennomics and utilities of the CHANCER token, together with autonomy in creating betting markets, rewards and prizes, and stakes.

The Share2Earn mannequin additionally advantages when customers proactively promote their markets to their associates and the broader world neighborhood.

Along with seeing $CHANCER improve in worth as demand and community progress, holders also can improve their potential earnings by way of staking. Aside from that, the Chacer Node operator will get his 50% of the transaction charges, and the stakers of that exact her Node share the remaining 50%.

buyers ought to notice that the chance to change into a node opened on Tuesday, June thirteenth, when the presale began. To study extra about Chancer’s tokenomics, learn our whitepaper, which you’ll be able to entry right here.

Is the Chancer presale an excellent funding?

The pre-sale gives retail consumers with the chance to purchase early and permits buyers to get their tokens at a deep low cost earlier than the general public launch. Good buyers are making the most of the extremely anticipated token pre-sale to scour the marketplace for the subsequent gem.

Traders ought to notice that the Chancer platform continues to be in improvement and a profitable presale should be accompanied by a working product. Additionally, cryptocurrencies are extremely risky and unpredictable, and total market circumstances might decide when tokens will go dwell on exchanges in Q3.

However Chancer has outlined a playing mannequin that would doubtlessly revolutionize the playing trade. Its decentralized strategy, ditching the ‘home’ mannequin, and the renewed wave of curiosity in Web3 social betting may very well be the cogs that set up Chancer because the go-to vacation spot for the entire prediction markets.

Such a state of affairs may very well be nice for CHANCER token holders, as demand for native utility tokens might have an upward affect on costs.

What’s the value of Chancer?

The worth of $CHANCER is $0.010 on this first part, and the protocol will increase $1 million from 100 million tokens. The worth of CHANCER will improve throughout the pre-sale and the ultimate stage earlier than the general public launch in Q3 2023 will convey the token value to $0.021. Customers should buy $CHANCER utilizing BNB or BUSD (BEP20).