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• Chancer revolutionises betting by making it potential to foretell a number of occasions.

• Chancer launched a presale on June 13, which has been taking place quick.

• The token is a 50x funding sooner or later as blockchain-based betting features prominence.

A number of weeks since Chancer launched a presale, buyers have collected greater than $1 million of the tokens. Very few presales elevate these quantities that rapidly, underlying a sturdy curiosity within the token of the peer-to-peer betting platform. As the world’s first decentralised betting ecosystem, buyers consider Chancer could possibly be revolutionary. That stems from the rising curiosity in betting, which Chancer goals to take to the blockchain. 

About Chancer and its P2P betting mannequin

Chancer is a new blockchain-based betting platform. The platform will be powered by a $CHANCER token. The token will be the platform’s medium of exchanging worth and claiming winnings on profitable bets and different rewards. There are a complete of 1.5 billion Chancer tokens in provide, but solely 65% can be found for presale.

Chancer goals to develop into the go-to vacation spot for decentralised social and predictive markets. Betting on Chancer happens by a P2P mannequin, the place customers set their guidelines and odds.

Picture this: You count on candidate X to win an election. Your friends might maintain a opposite opinion. So, you place a guess towards them for this probabilistic consequence. Under regular circumstances, you gained’t be capable to guess on such a political occasion. Chancer permits betting through these much less standard occasions.

Through Chancer, buyers can guess on many occasions. They merely create a P2P Chancer marketplace for the actual occasion or incidence and guess on it. In different phrases, Chancer will increase buyers’ alternative and suppleness in betting. This makes the platform a exceptional solution to decentralise betting and allow buyers to be in cost. 

The thrilling bit is that customers are rewarded for creating the P2P markets. The use case makes Chancer greater than a betting platform. Users also can generate passive earnings by sharing the platform and staking the native token.

How massive is the P2P betting alternative?

Since P2P betting is new, estimating the market dimension is right down to estimations. However, it’s straightforward to foretell based mostly on the market dimension and developments in conventional betting. 

Market reports level out that on-line sports activities betting was valued at $70.23 billion in 2021. This degree is predicted to develop at a CAGR of 11.7% by 2030. Growth in know-how and the proliferation of the digital area are linked with these sturdy developments. 

The projected progress in betting is constructive for Chancer. Traditionally, sports activities betting dominated, but Cancer needs to convey new methods to guess. Coupled with the ever-growing reputation of blockchain, Chancer will craft a area of interest from conventional betting. It will additionally construct a new area of interest that might improve the betting market dimension additional by the P2P mannequin. 

Given the above, Chancer’s betting market dimension is huge, conferring vital alternatives to buyers. A powerful demand for the platform is constructive for the token and its potential to return huge. 

Chancer prediction in 2023, 2024, and the long run

The Chancer token’s long-term worth will be derived from the platform’s continued use and demand. As such, quantifying the long run worth could be extremely speculative. Most cryptocurrencies have risen by hundreds of percentages after discovering and incomes the market belief. Thus, a potential 50x improve or extra sooner or later is possible if Chancer lives to its promise. 

However, within the brief time period, $CHANCER may begin to discover larger values when it lists on Uniswap in Q3 2023. This is when the token will unlock extra demand and rise, doubtlessly by double or triple-digit percentages.

In 2024, $CHANCER may rise by over 1,000%. The foundation for the prediction is that the primary platform will permit $CHANCER to be deployed for real-world use circumstances. That may unlock natural demand that will maintain the token’s worth and push it to larger ranges.