Web3 Chancer eliminates traditional betting house model with crypto presale

Chancer allows users to create their own betting markets, set odds, and establish rules while enabling peer-to-peer (P2P) bets

Web3 venture Chancer officially launched its crypto presale on June 14, aiming to revolutionize the betting industry by eliminating the traditional “house” model.

Founded by brothers Adam and Paul Kelbie, Chancer introduces a decentralized predictive markets app, offering users the ability to create their own betting markets, set odds, and establish rules.

In contrast to conventional bookmakers, Chancer positions itself as a betting facilitator, not a betting house. This unique approach enables users to engage in peer-to-peer (P2P) bets, ranging from friendly wagers among small groups to viral bets with a broad 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 imposed by traditional bookmakers.

Adam Kelbie, CEO of Chancer, stated: “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 online betting and gambling industry 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 has an 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 distinctive feature of Chancer is its integration of Google's WebRTC real-time communication capability, enabling live streaming of events to the platform's community.

Chancer will also offer 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.

Looking for your next crypto casino? Check out Mega Dice or FortuneJack!

Written by Silvia Pavlof

Silvia has explored various forms of writing, ranging from content creation for social media to crafting movie scripts. Drawing on her experience as a journalist specializing in the gambling sector, she is currently investigating the impact of cryptocurrencies and blockchain on traditional gambling and iGaming.

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