Blog

• Chancer presale has seen sturdy demand as traders guess on blockchain-based betting.

• Less than 10% of Chancer tokens stay earlier than the first stage presale concludes.

• The worth of Chancer might rise strongly after itemizing on Uniswap in Q3 2023 and after the mainnet launch in early 2024.

Chancer, a blockchain-based predictive markets utility, opened the presale on June thirteenth, 2023. Five weeks later, traders purchased virtually $905,000 in tokens in the first phase. The quantity means that Chancer is imminently bought out at the present value of $0.01 since the first stage targets $1 million. Investors looking for to purchase the token can accomplish that by way of the firm’s website earlier than the value rises in the second stage.

Why is Chancer in excessive demand?

Raising funds shortly by a presale suggests traders see worth in Chancer. So, what does the token supply?

$CHANCER is the native token that can energy a blockchain-enabled platform Chancer. It is the world’s first blockchain betting platform that enables customers to guess in opposition to one another by a peer-to-peer (P2P) mannequin. 

The alternative lies in tapping into the fast-growing on-line playing and bringing it to blockchain. According to market reports, on-line playing will develop by 11.6% CAGR on this decade to hit $172 billion by 2030. Investors are betting on Chancer to revolutionise betting, given the rising utility of blockchain in a number of different sectors. 

What is the worth proposition of Chancer and its P2P mannequin?

Chancer carries a worth proposition in that it lets customers guess on quite a few occasions, outcomes, and conditions. This occurs as customers create their very own Chancer P2P markets and decide what to predict in these markets. They can then invite pals or be part of Chancer markets created by others. 

The thrilling bit of P2P betting is that it permits flexibility. Users can guess on their most well-liked occasions, changing the present mannequin the place the bookmaker creates betting markets. Users may also decide the guidelines and odds for every guess by way of Chancer. 

Besides rewards on profitable bets, Chancer lets customers earn from market-making actions or creating P2P markets. That makes Chancer greater than only a betting platform. The Chancer token may also be staked, permitting traders to earn passive incomes and enhance their backside traces. 

Chancer roadmap and predictions in 2023, 2024

Chancer is in the presale phase, however the demand for the undertaking is already excessive. While the worth of Chancer is rising at every presale phase, the potential worth of the token can be unlocked in the third and fourth quarters of 2023. This is when the token can be listed on exchanges. The token’s roadmap factors to the first itemizing on Uniswap in the third quarter. The group eyes a minimum of two CEX listings in Q3. 

In the fourth quarter, product growth will start. It will begin with the testnet, aiming to pave the manner for the full mainnet launch in the first quarter of 2024. 

The launch of the mainnet can be influential for Chancer because it actualizes the dream of bringing forth P2P betting. While our prediction is that the worth of the Chancer token might begin to rise in the third quarter of 2023, 2024 can be the most influential. This is when sustainable positive aspects could possibly be realised, permitting Chancer to go mainstream and develop into extra acceptable. 

With the above roadmap, the worth of Chancer might rise initially by double or triple-digit percentages in 2023. In 2024, the worth might skyrocket by greater than 10x heading into the future, the place Chancer’s future acceptance will enable extra positive aspects. 

Should you purchase Chancer this week?

Only 10% of Chancer tokens stay earlier than the first stage of the presale concludes. After that, the value will enhance by 10% in the second phase. 

With the demand for the token exhibiting little indicators of slowing down, chances are high that the first phase will conclude in a number of days. Thus, it could possibly be the proper time to seize the remaining tokens earlier than the value will increase to $0.011.