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Chancer, a brand new firm, will launch a token presale on June 13.
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The corporate hopes to make use of blockchain to disrupt the prediction market.
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Customers will be capable of create their very own blockchain-secured marketplaces.
The sports activities betting business is rising quickly worldwide. Most of this development comes from the US, a rustic the place on-line betting has been banned. At this time, American betting firms resembling Fanduel, DraftKings and BetMGM have change into big firms price billions of {dollars}.
The blockchain business has the potential to disrupt the sports activities betting business attributable to its international nature. A number of blockchain firms are aiming to disrupt the business. Some firms trying to disrupt the sector embrace SportX and Gnosis. Now Chancera brand new firm is getting into a sector that analysts say is ripe for disruption.
What’s Chancer?
Chancer is a brand new firm aiming to vary the sports activities betting business by introducing new options not supplied by present firms. The ecosystem might be secured utilizing the Biance Chain blockchain, which is the market chief dApp growth.
Essentially the most distinctive characteristic of Chancer is that, along with the obtainable market, customers will be capable of create their very own markets the place different customers can place bets. For instance, a consumer can create a marketplace for an upcoming recreation.
Along with sports activities, shoppers can create a marketplace for present affairs. For instance, in an election 12 months, a developer can create a marketplace for the potential winner or loser of an occasion. Though related betting markets exist, lots of them exclude a few of the occasions that Chancer customers can reap the benefits of.
In line with the builders, the betting market might be facilitated by the $CHANCER token, which might be created utilizing the Binance blockchain. Sooner or later, the token can even be used for governance functions, the place its holders will be capable of submit proposals and vote on them.
Chancer can have a number of options together with utilizing good contracts, open supply, decentralized nodes and decentralized information shops. You’ll be able to learn extra about Chancer and the way it works White paper.
Upcoming Chancer Token Sale
As a part of the product launch, the builders plan to launch a token sale quickly. A token sale is a state of affairs the place customers contribute funds to a venture and are entitled to obtain tokens when listed. These customers can then go away as quickly as they’re listed or hold them for a very long time. Up to now, many individuals made a fortune investing in token pre-sales.
Chancer plans to boost $15 million in a token sale that may include 12 phases. At every of those levels, the value of the token will enhance. The Chancer Token Sale will start on June thirteenth this 12 months.
Chancer Plan
Chancer’s builders have already accomplished the preparatory work, together with launching the web site and ordering an audit from Certik. Different actions that may happen within the second quarter embrace the beginning of the pre-sale course of, the announcement of the technical roadmap and the announcement of partnerships with centralized exchanges.
Actions within the third quarter embrace the launch of the BETA model of the Chancer platform and the launch of the validation node program. The fourth quarter will give attention to the product growth check community. The venture will embrace Filecoi within the first quarter of subsequent 12 months and take away centralized entities from the ecosystem.
Will $CHANCER be an excellent signal?
It is too early to inform if Chancer might be an excellent funding. Additionally, the token sale hasn’t began but. And traditionally, investing in presales and preliminary coin choices (ICOs) is often a high-risk, high-reward proposition.
Subsequently, on this case, I feel traders can put some cash into Chancer. As with different cryptocurrency initiatives, an investor ought to pay attention to the dangers concerned.
