Chancer is using blockchain technology for a social betting platform. The new platform allows users to set up their own P2P betting markets including setting their own odds. Chancer is currently in the development phase with the CHANCER token presale 3 days away.

Chancer is a new blockchain-based predictive markets platform that seeks to leverage blockchain technology to develop a social betting platform.

The platform is currently in the development phase with the presale of its native cryptocurrency, the CHANCER, scheduled to start on June 13th, 2023. According to the whitepaper, the presale together with other key development elements is scheduled for completion in Q2, 2023.

Chancer offers users a decentralized platform that enables them to set up their own unique peer-to-peer (P2P) betting markets without being restricted by what bookmakers offer and their odds. It is crucial to understand that Chancer enables the user to become the house; it is not the house itself.

The platform allows users to not only bet friends but also set their own odds and compete with bets from around the world.

Unlike many betting platforms, Chancer allows betting on any event, including singing contests, friendly wagers between groups of friends (for example, users can wager that their friend will or will not complete a task with specific parameters in place), and even the day that a man will set foot on Mars. This indicates that there are many more things users can do with the platform, which should make it more appealing to users since it is more inclusive and multifunctional.

In addition, any user can set up a betting market, confirm their odds and a set resolution source (so it’s transparent how the outcome will be reviewed), and subsequently anyone can participate and take them up on their wager.

The user also has the choice of setting up the bet to only let friends participate in their market, or let anyone in the world join in and back either end.

The bets will be facilitated by the CHANCER token; meaning for anyone to participate on the platform. Interested parties will have the opportunity to buy the token during the presale that opens in three days’ time.

Well, there is a lot that an investor considers before settling on investing in a particular project. And one of the main factors is whether the project is legit or not.

To that extent, the Chancer team have subjected Chancer’s specifications, smart contract, and team to an audit by CertiK, a leading blockchain security firm that provides auditing and consulting services to enhance the security and trustworthiness of blockchain projects. The audit confirms that Chancer’s code and roadmap meet the high standards required in Web3.

Seeing that Chancer is Certik-verified, we can now move to the next factor which is the value of the CHANCER token which is built on Binance Smart Chain (BSC). 

Going by the presale schedule, the value of CHANCER is projected to rise from $0.010 in the first stage to $0.021 in the last stage. There will be 12 presale stages in total that will raise $15,000,000.

Those interested in the presale will be able to purchase CHANCER tokens only using BNB or BUSD (BEP20) tokens.

Chancer plans to launch its BETA in Q3, 2023, which is after the conclusion of the presale and listing of CHANCER on Coingecko, Coinmarketcap, Uniswap, and at least two centralized crypto exchanges.

The mainnet launch is scheduled for Q1, 2023 after successful market-making testnet, virtual betting testnet, Initiate WebRTC-Live Streaming testnet, and deployment of Full Validator Nodes testnet launches.

The post People can set up custom P2P betting markets on Chancer’s new betting platform appeared first on CoinJournal.

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