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There are hundreds of new projects at various stages of development. That said, not many offer market disruptive platforms that could alter the landscape of an already established and thriving industry.

Chancer does – in the form of a decentralised peer-to-peer (P2P) app set to completely overhaul the world’s betting market. This is a market estimated to grow by a CAGR of more than 11% in the next seven years or so.

Crypto was on a roll this week, evidently boosted by the significant win for XRP around the Ripple vs. SEC case. While the euphoria that pumped through the markets has faded, Ripple’s win, albeit partial, has galvanised the industry.

Amid the upbeat sentiment is investors’ awareness that the possibilities and the opportunities that could come with further regulatory clarity are immense. Many have been quietly positioning themselves for what could yet be the market’s biggest bull cycle.

As well as the usual big cap coins, a host of small caps and presale projects offer attractive returns scenarios. Chancer, which is in presale and quickly selling out, could be one of these breakout projects.

But what makes this project stand out among the many that are poised to launch right on the cusp of a bull market?

In a nutshell, Chancer is a blockchain-based betting platform whose proprietary model could supercharge the next growth chapter for the betting and gambling sector.

According to their whitepaper, anyone on the platform has a chance to play and win by their own rules. Users can create their prediction markets from any event with a determinable outcome, set the odds and play. No central bookmakers and what’s more – you can invite family, friends and anyone else on the platform via a Share2Earn feature.

It’s thus not just another crypto project looking to ride the next bull wave – but a predictive market designed to see value return to everyday users. This ecosystem will be powered by $CHANCER, a utility token that also offers other passive income opportunities to holders.

$CHANCER is presale, and the first stage is almost sold out. Check it out here.

Blockchain is already at the heart of an ever-growing list of applications changing the world, and Chancer is using this novel technology to bring a truly decentralised approach to the betting market.

As detailed in their whitepaper and highlighted throughout their roadmap, taking control from the world’s biggest betting and gambling platforms and giving it to individual users is Chancer’s stated goal. Statistics show that more and more people are finding decentralised systems more lucrative for investment targets. Chancer’s P2P betting model is likely to be no different.

Also notable is that the platform is not envisioned to be another gambling market provider, but a social ecosystem where users share and get more value than just placing bets on events. Investors could also be encouraged by the fact that passive income opportunities come with a staking feature offering rewards in the native $CHANCER.

Is $CHANCER lining up as an investment project for 2023? It looks likely as evidenced by the massive interest in its biggest milestone so far – the presale that could clock $1 million over the next few days. The project has raised over $788k so far and targets $15 million.

$CHANCER presale price is $0.01 today. It will increase to $0.011 at the next stage and continue to increase throughout the token sale. Currently, buying options include ETH, BNB, USDT and BUSD.

Once Chancer’s presale ends, the native token will begin to trade on crypto exchanges. The roadmap suggests $CHANCER will go live in Q3, 2023 beginning with a listing on leading DEX platform Uniswap and at least two other major crypto exchanges.

Product development will continue in Q4, 2023 with the Chancer app debuting its market making, virtual betting and live streaming features. The mainnet launch is expected in Q1, 2024.

While it might sound preposterous to say Chancer could do a 5x, or 10x in the short to medium term, the outcome isn’t an impossibility. Many crypto gems have exploded in value over the years and Chancer’s unique approach to a predictions market expected to see steady growth could help it mirror or even surpass that.

Add to this mix the current outlook on crypto where mainstream focus and adoption is expected to skyrocket, with tailwinds from the likes of BlackRock and Fidelity with potential Bitcoin ETF approvals. Many countries and jurisdictions, including the European Union via MiCA, are setting the stage for proper regulation.

Riding its unique approach to betting and crypto’s expected growth, Chancer could turn out to be one of the biggest blockchain-based projects to emerge in 2023. Risks, as with every investment, are there – particularly if the platform fails to deliver on its model. However, the potential for reward could be far more appealing.

Find more about $CHANCER today by visiting Chancer.com.

The post Chancer presale surpasses $788k as investors bet big on crypto appeared first on Invezz.

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