• Chancer nears presale sellout in stage 3 as amounts raised surpass $2.39 million.

• Investors are attracted to Chancer’s decentralised betting feature

• Chancer could rise by up to 10x in the future as P2P betting grows

Betting has, for a long time, been centralised. Bookmakers control the platforms and decide betting rules and odds. However, this is changing with blockchain, with the idea of giving betting control to wagers. Chancer endeavours to become the world’s first decentralised platform for bettors. Users can set betting events and create rules and odds for successful bets. The decentralisation has attracted investors, who have accumulated over $2.39 million tokens in presale.

How does Chancer work?

Chancer covers two betting mechanisms: conventional betting and social betting. Conventional betting is for known events like football, basketball, marathons, etc. It is akin to traditional betting but with a touch of blockchain.

Social betting has been the most innovative feature of Chancer. This is where users bet against their peers in uncommon or private events. Let’s look at it in a hypothetical scenario:

Assume you have a local marathon that is barely known outside your area. You don’t expect such an event to feature on your usual betting platform. But you want to bet on the event with a friend, say Marathoner A or B wins it. Both of you hold contrary opinions. 

So, you can create a secure P2P market via Chancer and bet on the outcome. The winnings are secured through the blockchain platform. You can do so for several other social events with anyone, regardless of where they are. 

With social betting, Chancer opens up endless opportunities for day-to-day occurrences. This allows Chancer to open new ways to bet and grow. Users also have fun betting on their preferred social events. 

Is Chancer attractive?

Chancer could be attractive to speculators and investors. Chancer token powers a real-world use case, betting, which has increased rapidly in the past decade. As the platform attracts users, the value of Chancer could skyrocket, benefiting the speculators. The hot-selling presale gives a glimpse of the post-listing potential for the token. 

An exciting prospect of passive income generation also makes Chancer attractive to investors. Chancer rewards users for creating custom P2P markets and sharing the platform. The features make the platform attractive beyond betting, which could fuel the demand and price for the token.

Chancer is also built by its community. Users can participate in the platform growth by allocating some of their tokens through a staking feature. Investors who stake their tokens earn yields to supplement their passive incomes. 

Stage 3 presale nears sellout, with token rising to $0.013 

Chancer opened the presale at a bargain price of $0.01, which quickly sold out. The price entered the second stage at $0.011, selling out on solid demand. In the third stage, the price of Chancer is $0.012, with investors still showing interest. The stage is almost done, which will pave the way for the next price increase to $0.013.

At the end of the presale, early investors will get more valued tokens than they bought. This means investing in the token at its earlier stage offers a better opportunity. Investors could also look at the listing roadmap, which sets the token debut on exchanges in Q3 2023. As the token is listed, the price could embark on an upward trajectory as it unlocks more demand.

What is the price potential of Chancer in 2023?

Early indications of demand suggest that Chancer could rise by strong margins after getting listed. A clear project roadmap and betting momentum give Chancer a strong price potential.

Analysts have earmarked up to a 10x increase in value after the token is listed. The prediction is realistic, although the gains could occur in the medium to long term on platform use. In 2023, investors could settle for up to three-digit percentages as speculations intensify.

• Chancer welcomes decentralised betting, allowing more user participation and flexibility.

• Chancer price has risen to $0.013 as presale continues amid strong demand.

• Analysts expect the value of the Chancer token price to rise up to 50 times on betting trends.

The price of the Chancer token is now $0.012, a rise from the initial $0.010 and previous $0.011. The price will rise to $0.013 in the next stage presale. While the price changes are fixed in tokenomics, there are visible signs of increased buying. A total of over $2.217 million has been raised in presale as investors make bullish bets. According to the project’s roadmap, the Chancer token will be listed on Uniswap and other CEXs in Q3 2023. Analysts believe the token could witness strong increases after listing owing to the project’s use case. The token is available for purchase via the Chancer website.

What is Chancer?

Chancer is a decentralised betting platform. The platform aims to bring betting closer to the user through blockchain. It also allows investors to earn in a variety of ways, expanding what the current betting platforms offer.

From a betting sense, Chancer allows users to create peer-to-peer betting markets. In this betting system, users bet against friends, family, and acquaintances. The method makes betting fun and engaging, allowing Chancer to grow. 

In the P2P model, users create their betting markets and determine the rules and odds. Say you strongly believe company X will debut a new product in January, but your friend differs. You can create a P2P market for the probabilistic outcome on Chancer. You and your friend (peer) can then bet on the outcome. 

You can think of any other event and create a Chancer market for it. The increased number of events that one can bet on expands the scope of betting. As more users join, Chancer will have a great opportunity to grow and occupy a crucial position in betting.

From an investment perspective, Chancer carries a huge opportunity. Creators can build real-time betting games and earn from their skills and dedication. A staking feature will also be available for holders of Chancer tokens. This is a good way to contribute towards the growth of the Chancer platform and earn passive income. 

Other ways to earn through Chancer include sharing the platform. Users are rewarded as more users join the network and help Chancer grow. There are also discounted fees to be enjoyed by Chancer token holders for using the platform.

Will Chancer rise by 50x by the end of 2023?

Betting is one of the fastest-growing sectors, and Chancer could benefit from the trends. Consequently, analysts have lauded Chancer token as a 50x investment. By making betting available to everyone and giving them flexibility, the prediction is justified.

However, looking at the project’s roadmap, the projected 50x increase could be too soon for 2023. Chancer is in its infancy, and crucial project development, like the mainnet, will occur in early 2024. The timeline means any prolonged and sustainable gains to take to 50x could happen in the medium to long term.

In 2023, the value of Chancer will be driven by speculations after the token lists. A projected increase of about 10x is more realistic. 

Is Chancer worth buying this week?

Chancer value has been rising at every stage of the presale. Buying the token this week is advantageous before the price increases in the next stage. When the presale ends, investors who bought the token early will get assets with greater value.

Also, buying Chancer in the presale is beneficial. Tokens of presale carry a low risk since they are selling at a value less than the market. When Chancer is listed on CEXs, the token could skyrocket, and investors will spend more to buy. Buying now allows the investors to capitalise on possible price gains expected due to listing speculations.

• Chancer has raised $1.99 million in a presale

• The presale could benefit from improved crypto sentiment as BTC recovers to $27K

• Chancer carries a more than 10x gain in the future.

Chancer has raised over $1.99 million in a presale welcoming the first decentralised betting platform. With betting one of the fastest-growing sectors, the prospect of taking it to blockchain has excited investors. This comes when cryptocurrencies undergo consolidations following market turbulence. Bitcoin has recovered above $27,000, giving hopes of a potential resurgence. The cryptocurrency had previously slipped to below $25,000. The recoveries in the leading crypto could boost the sentiment for risk-on assets, benefiting Chancer. 

Why Bitcoin is rising this week

Bitcoin is up more than 7% over the past week, thanks to improving market sentiment. The sentiment reflects expectations that the Fed will pause rate hikes during the September 20 meeting.

Investors have based their expectations on the September 13 inflation, which showed cooling prices. Although the consumer price index increased 3.7% in August from 3.5% in July, the annual core CPI dropped. The core CPI, which measures inflation less volatile food and energy, increased 4.3% from the previous 4.5%.

The falling prices provide hope that the US is headed for the Fed’s target inflation rate of 2%. This could provide the impetus for the US central bank to pause rates. A less hawkish Fed is considered positive for risk-on assets, which could boost Bitcoin and altcoins. 

The role of Chancer in the crypto ecosystem

Chancer is a revolutionary blockchain that aims to change how betting occurs. Presently, betting is conducted on centralised marketplaces. The bookmakers or owners of such marketplaces determine the betting events.

With Chancer, the role of intermediaries in betting is eliminated. Betting occurs in a virtual blockchain ecosystem, which is in the hands of the users. In other words, users create peer-to-peer betting markets and set their own rules and odds.

Wagers invite friends, family, acquaintances, and fans to their betting market. They can also join P2P markets created by others and participate in blockchain-based prediction. 

Chancer carries a lot of flexibility as users can create P2P markets from multiple events. Users can create a Chancer market, from mainstream betting events to social activities. The ability to develop a P2P market from almost any event expands the scope of betting. This allows Chancer to grow and capture a considerable market niche in the fast-growing betting sector. 

What is Chancer token, and what value does it carry

Chancer token or $CHANCER is the token that will run the blockchain P2P betting platform. Users get rewarded with the token for successful winnings and predictions.

CHANCER derives value from the popularity of the Chancer ecosystem. The more users join and participate in P2P betting, the more the token’s demand and price are unlocked. The prospect makes CHANCER an exciting token since betting is a demanded service. 

Chancer token isn’t restricted to betting only. Users are rewarded with the token for creating the P2P betting markets. The aim is to incentivise more users to engage in market-making activities and grow the platform. Market-making rewards make a substantial investment case for Chancer beyond betting. 

Staking will also be a passive income-generating strategy for Chancer users. Users can stake the native token to facilitate the platform’s growth and earn yields. For sustainability, users get discounted fees when they create or join P2P markets. Additional rewards are earned by sharing the Chancer platform. 

Chancer price prediction in 2023 and 2024

Chancer gears for listing on Uniswap and other CEXs in Q3 2023. The price could start to pick up when the token is available on exchanges. Investors have earmarked up to a 1,000% increase for the token when listed. 

In this prediction, a prudential 100% or more is preferable as a sustainable price gain. The forecast is based on the fact that the Chancer platform will launch later in Q4 2023 and early 2024. 

A 10x increase is preferred in 2024 when Chancer’s demand stems from the use of its platform. In the long term, gains could exceed the 10x estimates as Chancer attracts more usage.

• Chancer introduces blockchain-based betting based on the P2P model

• Chancer could benefit from a strong and growing betting market, valued at 81B in 2022

• The price potential for Chancer is huge and could surpass 1,000% in 2024 and beyond

Have you ever thought of how much potential blockchain-based betting has? Well, the traditional global sports betting market alone was valued at $81.03 billion in 2022. The sector growth is estimated at 9.50% up to 2030. This projection has inspired blockchain-based betting, with Chancer being its firstcomer. Essentially, blockchain is one of the most rapidly growing sectors. Chancer has the potential to beat the growth rate in traditional betting under its novel model.

Chancer’s presale and what it means for investors

Ahead of the launch of its decentralised betting platform, Chancer is welcoming investors. The project launched a presale of the token, $CHANCER, which has seen huge demand. Over $1.65 million has been raised in two months as investors bet big on blockchain betting. 

Investors see the Chancer token as an opportunity for 2023 and beyond. CHANCER will be used to transfer value through the betting platform. Should Chancer become mainstream in betting, the demand and use of the token will increase. This could see the token skyrocket in value and generate sustainable gains in the long term.

Chancer also carries a rare opportunity for creators. Users can create and customise their own betting games and be rewarded. The attribute embodies a peer-to-peer model, where users build Chancer markets on predictive events. This gives Chancer more than a betting use case and makes the platform attractive to investors. Besides, the token can be staked for investors to earn passive income.

How does Chancer work?

Chancer functions as a P2P model, where users relate directly to each other. In P2P betting, users come up with betting events and invite others (peers) to bet for and against them. Users can create a Chancer market for any event, expanding the scope of betting. For example, you can bet about an upcoming marathon, election, or even weather conditions.

Next, users set rules for their betting market. They also decide on the odds of successful winning in the betting event. The flexibility means users are open to what they can do, overcoming restrictions in traditional betting. 

Based on the outcomes of the betting event, users can claim winnings using the Chancer token. The P2P relationship is secured via a decentralised Chancer ecosystem. The system guarantees transparency and trust for bettors and investors.

Besides, Chancer features live streaming using Google-powered WebRTC capabilities. The features allow the community to engage, communicate, and watch live gameplay activities.

Chancer prediction and market potential

It might be too early to judge about the future potential of Chancer. However, being the world’s first blockchain betting platform, the potential is huge. The platform changes how betting is done and gives investors more value and income opportunities. That makes Chancer an attractive investment now and in the future. 

Predicting the Chancer token, sustainable gains could be realised in 2024. Analysts have predicted up to 1,000% increase in price. In the future, the value could rise by bigger margins as the Chancer platform witnesses organic use. 

The price of Chancer could be a bit volatile in 2023 due to high speculation. The volatility allows early investors to cash in on strong price moves when the token is listed in Q3 2023. A price increase of up to three-digit percentages should be considered realistic in 2023. 

Should you invest in Chancer this week?

Chancer’s presale has happened fast, and the listing is drawing closer. Investors that buy the token on presale are more advantaged as they can ride the price momentum after listing. As such, the presale presents an opportunity for investors looking to maximise returns. Investors can buy the token via ETH, USDT, BNB, and BUSD.

The crypto fear and greed index moved to the fear zone of 34 this week as Bitcoin and other cryptocurrencies plunged. Bitcoin moved below $26,000 as it experienced its worst week of the year. Other cryptocurrencies like Ethereum, Cardano, and Oasis Network also slipped, bringing the total market cap to $1.02 trillion.

Fear and greed index slipped

The fear and greed index is one of the most prominent sentiment gauges in the financial market. The initial index was created by CNN Money to provide sentiment in the stock and bond market. It looks at important gauges like the CBOE VIX index, put and call options, and stock price breadth among others.

The crypto fear and greed index, on the other hand, looks at several important measures in the industry. Some of the most important things it looks at are social media activity, volatility, momentum, and dominance.

In most periods, the crypto fear and greed index usually rises when Bitcoin and other cryptocurrencies are rising. It then retreats sharply when Bitcoin and Co are falling. For example, the index remained at the neutral level of 50 when BTC remained at the consolidation phase of $29,000.

Some analysts believe that cryptocurrencies will bounce back in the coming weeks. They cite the fact most big Bitcoin holders, popularly known as whales, have continued holding their positions and have not sold during the recent sell-off. 

In a Twitter post, the head of Pantera Capital argued that Bitcoin has stayed in depressed levels for so long. He now expects that BTC will jump to $35,000 in the near term and then surge to $150k by the next halving event.

#Bitcoin recently experienced the longest period of negative year-over-year returns in its history, lasting 15 months.

The longest period prior was just under a year.

Our view is that we’ve seen enough – there’s just so long markets can be down.

More: https://t.co/REfxkTp9CJ pic.twitter.com/UCEMMcznAM

— Dan Morehead (@dan_pantera) August 23, 2023

Chancer token sale gains steam

Another sign that there is interest in cryptocurrencies is the rising demand for token sales. Chancer, is a new company seeking to disrupt the fast-growing and highly popular industries. The company has raised over $1.65 million from investors in the past few weeks. You can buy the Chancer token here.

Chancer is aiming to become the biggest player in the sports betting and prediction industry. This is a large industry that was estimated worth over $91 billion in 2023. In a report, FMI estimated that the industry will have a compounded annual growth rate (CAGR) of 10% by 2030 to over $245 billion.

Today, the sports betting industry is dominated by highly centralized companies like FanDuel, DraftKings, BetMGM, and Caesars. Internationally, some of the best-known brands are companies like Bwin, Bet365, and William Hill among others.

While these companies work well, there is always room for disruption, especially using the blockchain technology. This is the gap that Chancer is aiming to fill using blockchain technology.

Instead of users being just customers, they will own the ecosystem since the network will use a decentralized autonomous organization (DAO) model. To achieve this, Chancer will be powered by the $CHANCER token. Holders will have important privileges like making decisions in the ecosystem.

Further, $CHANCER holders will have a chance to make money by creating markets and livestreaming them. Some analysts believe that the network could be a game changer if it works. You can read the Chancer white paper here.

• Chancer aims to take the mainstream betting market to the blockchain.

• The P2P betting has been in demand, as the presale raises $1.4 million

• Chancer has huge potential after listing and could rise more after the platform launches

Blockchain is fast infiltrating traditional sectors. Betting is one of them, with Chancer taking steps to take the predictive market to the blockchain. Chancer lets users bet on a fully decentralised ecosystem powered by a crypto token. Since launching a presale, investors have bought over $1.43 worth of tokens. But is Chancer worth buying at presale ahead of the listing?

How Chancer works

Chancer is coined under the phrase “Your Game, Your Rules, Your Odds.” That partly explains how the platform works.

Chancer allows users to dictate the game of betting. Users can determine what they want to bet on, from mainstream events like football to social events. There is no limit on what users can bet on, making Chancer a game-changer in new betting experiences. 

To bet, users create a peer-to-peer Chancer market via the decentralised ecosystem. Users can invite others (peers) to their markets. 

Once created, users develop rules that will govern their P2P betting market. They also determine the odds of claiming winnings.

The P2P model of Chancer is unique from the mainstream betting platforms. Users are not constrained to what bookmakers provide. This aspect is expected to bring limitless betting opportunities and attract new users. The revolutionary features explain the fast presale of the token. 

What is the value proposition of Chancer?

Betting is one of the fastest-growing and most popular sectors globally. By bringing it to the blockchain, Chancer has a huge potential to find unlimited uses. Users need not turn to their local or bookmaker currencies to bet and claim winnings. They will do so with the Chancer token. This means the potential for the token to skyrocket is high as demand increases, delivering returns.

Owning Chancer is also an opportunity to earn through market-making rewards. Users get rewarded for creating the P2P markets. The native token can also be staked for passive income-generating opportunities. Those who like to spread the word about Chancer are rewarded for their efforts through a Share2Earn feature.

Betting does not also need to be boring too. Chancer features real-time or live streaming powers via P2P markets. This is a good way to engage with wagers in one’s betting cycles and have fun. 

Chancer price potential and prediction in 2023 and 2024

The magic of creating one’s betting market through Chancer gives the token a lot of potential. Analysts have lauded the token as a 10x investment, which is realistic and attainable.

Based on the project’s roadmap, Chancer will be listed on Uniswap in Q3 2023. The company seeks a minimum of two CEX listings in the quarter. The listing will open up the token for more buys and unlock value. It means the value of Chancer could start to rise then.

But from a prudential perspective, Chancer’s value could rise by 1,000% in 2024 or more in the future. This is after the main platform launches, and the value is unlocked from organic use rather than speculation. For 2023, investors should be comfortable with 100% or more increases. A 10x increase could be overambitious in the near term.

Is it the right time to buy the Chancer token?

There is a clear expectation that Chancer will surprise the markets, looking at its successful presale. The price will be ready for takeoff when the token is listed in the third quarter. Investors that miss the presale may be forced to buy the token at a higher price on exchanges. 

Buying the token at the presale is advantageous as the token’s price is low. More so, the token is most attractively priced at the initial stages. For example, while Chancer started the presale at $0.01, it now goes for $0.011. That makes it worthwhile to buy it now rather than later.

Sports betting and gambling revenue jumped in the first half of the year as demand for the services rose. Recently released financial results by companies like Penn National, Entain, and Flutter Entertainment. At the same time, Chancer, an upcoming betting platform that uses the blockchain technology, has raised almost $1.4 million in the past few weeks.

Betting revenue is soaring

Publicly-traded companies in the sports betting and gambling companies have published strong financial results in the past few weeks. Flutter Entertainment, the parent company of Fanduel, PokerStars, Paddy Power, Sisal, and Betfair, said that its revenue jumped by 42% in the first half of the year. It made over 4.8 billion in revenue as the number of users soared by 28%. In his statement, the head of Flutter said:

“We acquired over two million new players in the period, cemented our leadership position in sports and grew our share in iGaming to 23%. The US business was profitable in the first half with FanDuel generating over $100m in EBITDA.”

Similarly, Entain had a strong performance, offset by a huge fine in Turkey. Its revenue jumped by 19% in the first half of the year. Most of this growth came from the United States, where the company owns several brands. Its gaming revenue rose by 22%.

DraftKings, one of the leading players in the industry also recorded strong results as the company nears profitability. Its revenue jumped to over $874 million in Q2 and EBITDA coming in a positive territory.  

Other companies in the sector like Penn National, 888 Holdings, and Churchill Downs have all reported strong financial results. As a result, most of these stocks have jumped by more than 20% this year. Entain has underperformed because of the company’s legal issues.

Chancer is set to thrive

All these numbers mean that Chancer is set to thrive when its product launches later this year. For starters, Chancer is a company that is building a unique beting platform where people from around the world can participate.

Its global nature is enabled by the company’s use of blockchain technology. $CHANCER, its crypto token, will help to facilitate payments in its ecosystem. Also, holders will be able to create their market, live stream them, and then make money when people place bets on them. 

Also, $CHANCER holders will take part in the network’s governance, where they will be able to vote on key issues. As owners of the platform, they will receive a share of the profits that the network generates. All these features are different from traditional companies that are managed centrally. You can buy the Chancer token here.

While Chancer token has more room to grow, investors should always do their own research before investing.