Innovative web3 startup, Chancer, has officially launched its crypto presale today, aiming to revolutionize the betting industry by empowering bettors and removing the traditional ‘house’ model.
Co-founded by brothers Adam and Paul Kelbie, Chancer introduces the world’s first decentralized predictive markets app, allowing users to create their betting markets, set their odds, and establish their own rules.
Unlike conventional bookmakers, Chancer positions itself as a betting facilitator rather than a betting house. This unique approach allows users to engage in peer-to-peer (P2P) bets, ranging from friendly wagers among small groups to viral bets with a mass audience. The platform caters to various predictions and events, extending beyond sports betting and encompassing any imaginable outcome. By granting users complete control over their bets, Chancer liberates them from the disadvantages traditional bookmakers impose.
Adam Kelbie, CEO of Chancer, expressed his confidence in reshaping the betting and gambling landscape, stating, “We’re confident that we can change the way betting and gambling works… We’re doing something no one else has done, disrupting an industry that has had the odds stacked against consumers since it began. It won’t be easy, but we’re ready for the fight.”
Operating on transparency and user empowerment, Chancer conducts all bets and payouts in its native token, ‘CHANCER.’ This token can be traded with stablecoins such as USDT, leveraging the massive $64 billion online betting and gambling industry (as of 2022) to establish a dominant position within the market. The CHANCER token will be launched on the BSC Blockchain and is now available for purchase during its presale, consisting of 12 stages. The token’s initial price in stage one of the presale is $0.010, which will gradually increase to $0.021 by stage 12, representing a 70% rise.
Chancer’s ambitious roadmap, outlined in their whitepaper, showcases various product use cases designed to attract different types of crypto adherents. The project prioritizes true decentralization and implements a proof-of-stake consensus mechanism to prevent any single entity from gaining network control. Quadratic governance further empowers the platform’s users, placing decision-making authority in their hands. Additionally, Chancer’s commitment to transparency is evident in its open-source code, enabling anyone to review, contribute, and propose changes to the platform’s functioning with the assurance that their voices will be heard.
A unique feature of Chancer is its integration of Google’s WebRTC real-time communication capability, enabling live streaming of events to the platform’s community. This technology ensures an immersive and engaging user experience, enhancing their participation in the predictive markets.
Chancer’s dedication to rewarding its users is reflected in various incentives. Apart from receiving CHANCER tokens simply for utilizing the platform, users can benefit from the Share2Earn scheme, staking opportunities, and discounted fees when creating and participating in markets. Additionally, users can earn a passive income by becoming node validators.
Chancer aims to develop the world’s first decentralized social predictive markets platform. By challenging the traditional bookmaking and betting business model and “removing the house,” Chancer aims to disrupt the global gambling and betting market, establishing itself as a key player in the industry.
