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.
What’s Chancer’s betting model?
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.
Why is Chancer attracting so much interest?
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.
