Elon Musk says his “bout” with Meta CEO Mark Zuckerberg should be streamed on X. Chancer is expected to disrupt the traditional bookmaker with a new betting model. $CHANCER presale has surpassed the $1 million mark amid huge investor interest.

It’s been talked about and teased for a while now – this fight between Tesla CEO Elon Musk and Meta counterpart Mark Zuckerberg.

While nothing is officially scheduled, both men have added to the burning embers this weekend.

Will the two billionaires square it out in the ring? It remains to be seen. However, what’s notable is that this is the kind of event you would find on Chancer, a new predictive markets platform set to launch in the first quarter of 2024.

Two tech billionaires taking their rivalry a notch higher and staging an actual ring – or cage – match is not an everyday event. While the Elon Musk vs. Mark Zuckerberg bout is unlikely to happen, both men have recently renewed their rhetoric about it.

In June, Musk pointed to his readiness for a “cage” match with the Meta CEO. As hyped as it was, it appeared to fizzle out even after Zuckerberg asked for the location. In July, Zuckerberg’s Threads, a rival to X (then called Twitter) launched, providing the latest spark. This weekend saw Musk himself post on X that the “Zuck vs. Musk fight will be live-streamed on X. He also noted that proceeds from the bout would go towards charity for veterans.

Zuck v Musk fight will be live-streamed on 𝕏.

All proceeds will go to charity for veterans.

— Elon Musk (@elonmusk) August 6, 2023

Zuckerberg shot back at Musk’s X streaming with a suggestion that the event should be on a “reliable platform that can actually raise money for charity.”

While this might turn out to be one massive war of words battle between these two, viewership if it ever happened could be colossal. It could also be a boon for punters, with multiple betting angles available – but sadly unlikely to make it to traditional betting platforms like Bet365, William Hill and Entain.

Where would almost anything bettable with regard any event with an outome be available? A decentralised crypto betting platform like Chancer could eventually be that marketplace.

Chancer is quietly building the kind of decentralised betting platform that could change the face of betting. As the team envisions in their whitepaper, the goal is to make this upcoming peer-to-peer (P2P) network the “world’s first decentralised social predictive markets platform.”

With centralised bookmakers increasingly making it more about the “house” than users, Chancer changes that. The design is for control to be in the hands of the user – and removing the centralised entity from the space means more chances for every day individuals to participate in betting events.

As a blockchain-powered platform, Chancer will have a native utility token called $CHANCER. Token holders will have full control of their bets, from creating one to setting odds and payouts. This means users won’t have the power to create betting markets on any event, but also share this with anyone within a global ecosystem.

The online betting and gambling industry is projected to grow at an estimated 11% CAGR up to 2030, up from around $64 billion at the end of 2022. With Chancer a potential threat to existing platforms, investors are taking advantage of its presale to acquire tokens at low prices.

Other than putting ordinary users in charge of their markets, Chancer provides an opportunity for one to earn more passive income. Holders of $CHANCER can win bets, get rewards for being market-makers and accumulate income via staking rewards.

The presale has surpassed the $1 million raised mark amid huge interest from crypto investors. Priced at $0.011 today, $CHANCER’s presale price will rise to $0.021. Demand could push it higher when the token launches on the open market and mainnet goes live in early 2024. Investors see the presale as a ideal time to position themselves early.

You can learn more about Chancer here.

The post Elon Musk suggests fight with Zuckerberg to stream on X appeared first on CoinJournal.

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