Should you buy the Chancer token, as the presale officially launches on June 13th?

Should you buy the Chancer token, as the presale officially launches on June 13th?

By Hassan Maishera - min read

Key takeaways

  • The Chancer presale will launch in roughly 20 hours, allowing investors to have a stake in the project.

  • The team seeks to raise $15 million to fund the development of its platform and other products. 

The Chancer presale launch is set to kickstart in a few hours, enabling investors to purchase the token before it lists on cryptocurrency exchanges. The development team will use the funds raised from the presale to develop its platform and work on other products.

The cryptocurrency market has performed positively since the start of the year. However, with the recent developments in the market, is this a good time to invest in the Chancer project?

We will look at Chancer and help you determine if this project could be worth it for investors.

What is Chancer?

Before you participate in the Chancer presale, you need to know the important information about this project.

For starters, Chancer is a  pioneering Web3 peer-to-peer (P2P) custom betting platform that allows users to live stream betting events. 

What makes Chancer an interesting project is that it seeks to develop a decentralised betting platform that allows users to bet on a wide range of events, beyond the sporting and popular ones. 

The P2P betting markets on Chancer are in real-time and based on user interests, expertise, and social media connections. 

With Chancer, users are no longer constrained by what bookmakers offer, and their odds. Users have the option of setting up their own custom P2P betting markets through a decentralized platform.

Another point that could entice investors is the fact that Chancer is a betting platform that is not exclusive to sporting or popular events. While users can bet on sporting events like football matches, they can also bet on virtually anything, including the day man will walk on Mars and personal bet amongst friends to see whether they can complete a task with specific parameters in place. 

CHANCER presale to commence on the June 13th

CHANCER is the token that powers the Chancer ecosystem. With the token, holders could become an integral part of the Chancer platform’s success and the markets it house.

The CHANCER token makes it possible for holders to create markets and also invest in markets created by other users. 

According to the whitepaper, the CHANCER token will also allow holders to create, participate in, and profit from their very own predictive markets based on their interests, expertise, and social opportunities.

Since CHANCER is on the Binance Smart Chain, there is a staking option available to holders. Token holders can stake their tokens to earn more money and ensure that the ecosystem runs as it should. 

Similar to BNB and other ecosystem tokens, CHANCER holders will enjoy fees for creating and participating in markets. 

Finally,  the Chancer tokens will be used to reward participants for successful betting outcomes, incentivising users to engage with the platform.

The development team seeks to raise $15 million over the course of the 12 stages of the token presale, and it starts tomorrow, June 13th. 

Chancer supports various wallets for participating in the presale. Investors can purchase CHANCER tokens by connecting their Trust Wallet, MetaMask, Coinbase Wallet, and Rainbow wallets to the Chancer platform. 

Once that is complete, investors can choose from the list of supported cryptocurrencies to purchase CHANCER. 

At press time, the Chancer team is yet to publicly announce the presale token price. The price could likely be displayed once the presale launches in a few hours. 

Should you buy CHANCER?

Chancer could be an interesting project to invest in due to its unique niche. The cryptocurrency market is filled with DeFi, NFT, and meme projects. However, very few have entered the betting ecosystem, which makes Chancer an interesting project. 

With Chancer, users could enjoy transparent and easier betting processes. The increased betting options also make it an interesting project.

Historically, early-stage investors make more money than investors that come in once a project launches on crypto exchanges. Early investors in Ethereum, Solana, and Cardano, enjoyed thousands of percentages in ROI.

At the moment, Chancer is still in its early stage, with the team working on its products and the token yet to get listed on crypto exchanges. Once that happens, CHANCER could experience a price surge.