Chancer, a blockchain-based predictive markets application, opened its presale on June 13th, 2023 and has seen strong demand from investors. The first phase of the presale had a target of $1 million and has already raised almost $905,000 in tokens, meaning only 10% of the tokens remain available at the current price of $0.01. Investors can purchase the token via the company’s website before the price rises in the second stage.
So, what does the Chancer token offer that is making investors bet on its success?
$CHANCER is the native token that will power Chancer, the world’s first blockchain-based betting platform. It allows users to bet against each other in a peer-to-peer (P2P) model, revolutionizing the online gambling industry, which is set to grow by 11.6% CAGR in this decade and reach $172 billion by 2030.
The value proposition of the token lies in the flexibility it offers. Users can create their own Chancer P2P markets to bet on their preferred events, rules and odds. They can also earn rewards for successful bets and from market-making activities. In addition, they can stake their tokens to receive passive income.
The value of Chancer is set to rise in the third and fourth quarters of 2023 when the token will be listed on exchanges. The team plans to list it on Uniswap in the third quarter and at least two centralized exchanges (CEXs) in the fourth quarter. Product development will then begin, starting with the launch of the testnet and culminating in the launch of the mainnet in the first quarter of 2024.
This timeline suggests that the value of Chancer could start to rise in the third quarter of 2023 and increase significantly in 2024, when the token is expected to become more accepted. Investors could be looking at double or triple-digit percentage gains in 2023, and more than a 10x increase in value in 2024.
With only 10% of the tokens remaining before the first stage of the presale concludes, now could be the right time to grab them before the price increases to $0.011.