- Chancer uses blockchain technology to power a social betting platform
- The new platform lets users create their own P2P betting markets, including setting customized odds
- Chancer is currently in development, and the CHANCER token presale launches in three days
Chancer is a new prediction market platform built on blockchain that aims to harness decentralized technology to create a social betting experience.
The platform is still under development, and the presale for its native token, CHANCER, is scheduled to begin on June 13, 2023. According to the project’s whitepaper, the presale and other core development milestones are expected to conclude in the second quarter of 2023.
Custom Peer-to-Peer Betting Markets
Chancer offers a decentralized environment where users can create unique peer-to-peer betting markets without being limited by traditional bookmakers or preset odds. The platform is designed so that users can act as market creators—setting terms and odds—while the platform itself remains a neutral facilitator.
Users can not only place bets with friends but also set their own odds and compete with wagers from around the globe.
Unlike many conventional betting sites, Chancer supports bets on virtually any event: talent contests, friendly wagers between groups of friends (for example, betting whether someone will complete a specified challenge), or even long-shot predictions like the date a person might step foot on Mars. This flexibility lets users define and participate in a much wider range of markets, making the platform more engaging and multifunctional.
Each market creator can configure their market, confirm the proposed odds, and designate an outcome source so participants understand how results will be verified. Once set, anyone can take part and accept the bet.
Creators can also restrict participation so only friends may join their market, or they can open the market to anyone worldwide who wishes to back one side or the other.
Bets on Chancer are facilitated by the CHANCER token, enabling open participation across the platform. Interested users will be able to purchase CHANCER during the upcoming presale, which begins in three days.
Is Chancer a Good Investment?
Deciding whether to invest in any project requires evaluating multiple factors, with trustworthiness and technical robustness among the most important.
To address these concerns, Chancer submitted its specifications, smart contract, and team details to an audit by CertiK — a leading blockchain security firm that provides auditing and consulting services to improve the safety and credibility of crypto projects. The CertiK audit confirmed that Chancer’s code and operational plans meet high Web3 security and quality standards.
With certification in place, prospective investors can next evaluate the CHANCER token economics. CHANCER is issued on Binance Smart Chain (BSC).
According to the presale schedule, the token price is planned to increase from $0.010 in the initial stage to $0.021 in the final stage. The presale will run across 12 stages and aims to raise a total of $15,000,000.
Participants in the presale will be able to purchase CHANCER tokens using BNB or BUSD (BEP20).
Chancer BETA Launch Timeline
Chancer expects to release a BETA version in the third quarter of 2023, following the completion of the presale and preliminary listings of CHANCER on major tracking platforms and exchanges.
The project’s roadmap indicates that a successful BETA release will be followed by mainnet launch activities. The schedule anticipates mainnet rollout in the first quarter of 2024, contingent on completing key testnets for market creation, virtual betting, live WebRTC streaming initiation, and deployment of full validator nodes.