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Token gross sales are gaining momentum as the concern of lacking out (FOMO) continues and as buyers work to seek out the subsequent large factor. Earlier this 12 months, Metacade raised over $16 million from buyers. Today, the token has a market cap of over $25 million. Chancer, on the different hand, has raised virtually $400k in lower than three weeks. 

What is Chancer?

Chancer is a brand new firm that’s looking for to disrupt a large business that’s nonetheless rising. It is aiming to disrupt the sports activities betting and prediction market utilizing the blockchain know-how. This is a huge business that’s valued at billions of {dollars}. 

Some of the greatest firms in the sector are multi-billion greenback enterprises. For instance, DraftKings is price over $11 billion whereas Penn Entertainment is valued at over $4 billion. Other firms in the business are Flutter Entertainment, Entain, and 888 Holdings amongst others.

Betting is gaining reputation, particularly in the United States, the place many states have now legalized on-line sports activities wagers. Analysts imagine that extra states will proceed accepting betting in the coming years.

Chancer is aiming to introduce a platform the place folks can guess and create their very own markets. For instance, any Chancer person can create a market and let their mates and social group place wagers on it.

The $CHANCER token will assist to energy the ecosystem in a number of methods. First, the token will assist to energy the general decentralization of the ecosystem. In the future, when the community will get totally decentralized, holders will have the ability to vote for key modifications in the ecosystem. 

Decentralization is believed to be higher than centralization. For one, token holders will have the ability to obtain rewards and have their voice heard in the ecosystem. In their white paper, the builders advocated for a quadratic governance course of.

Second, $CHANCER token holders will have the ability to create and monetize their markets. For instance, you possibly can create a easy market of two native groups which are enjoying a match. 

Further, since this community might be a proof of stake, CHANCER holders will have the ability to make staking returns in the ecosystem.

Chancer third quarter outlook

Chancer builders have so much deliberate in the third quarter. First, the token sale will proceed in the third quarter. They hope that the first stage of the token sale will full quickly. In the first stage, the builders are elevating $1 million, with every token promoting for 0.01 BUSD. The value in the subsequent stage might be at 0.011 BUSD.

The different plans for the token sale are token itemizing on Uniswap, CoinGecko, and CoinMarketCap, and different different common centralized exchanges. They will even proceed constructing their BETA platform, and provoke the validator node program. 

Is $CHANCER a superb funding?

Chancer looks as if a superb funding. For one, consumers of the first part are assured that their tokens might be extra priceless in the subsequent part. 

However, buyers must be cautious when investing in token gross sales or Initial Coin Offerings (ICO) due to their important dangers. Therefore, if you’re all in favour of Chancer, we suggest a state of affairs the place you allocate a small portion of your funds in the token. This means allocating funds that you could really feel comfy shedding. You should purchase the Chancer token here.