Chancer’s presale is live and the excitement among investors is palpable as more than 22 million CHANCER tokens have been sold within hours of the launch. The protocol is set to revolutionize the betting industry by offering a decentralized model that gives users control over their bets and $214,000 has been raised so far.
What is Chancer?
Chancer is being developed as the world’s first social predictive markets platform on the Binance Smart Chain (BEP20) network. It offers a platform set to disrupt the betting industry as we know it today and $CHANCER is the native token that will power the new platform.
Token holders will use the token to create bets from almost any event that has determinable outcomes and they can then invite friends and the broader social markets community to participate by placing wagers against the odds.
Token utilities and tokenomics
Chancer will have a total supply of 1.5 billion tokens. 65% of the tokens will be available to investors in 12 presale stages, with stage 1 priced at $0.01 and the final stage priced at $0.021.
The tokenomics and utilities of the CHANCER token will include autonomy in creating betting markets, rewards and winnings, and staking. A Share2Earn model will also see users benefit when they proactively promote the markets they create to friends and the wider global community.
Chancer Node operators will earn 50% of transaction fees, while stakers of that particular Node will share the other 50%.
Is the Chancer presale a good investment?
The presale offers retail buyers an early-bird opportunity and investors can scoop tokens at discounted prices before public launch. The success of the presale will need to be accompanied with a working product and the targets when the tokens go live on exchanges in Q3 will depend on overall market conditions.
However, Chancer has outlined a betting model that signals the potential to revolutionize the betting industry and its decentralized approach may establish Chancer as the go-to destination for everything in predictive markets.
Such a scenario could be great for the CHANCER token holders, with demand for the native utility token likely to have upside impact on price.
