Chancer is a new entrant in the fast-growing betting industry, seeking to disrupt traditional bookmakers by introducing a decentralized social predictive market-making platform. This platform, which leverages the power of blockchain technology for decentralization, allows people to place bets on any prediction or event and have complete control over their bets.
Since the federal ban on sports betting was overturned by the US Supreme Court in 2018, over 30 states, as well as the District of Columbia, have passed legislation to legalize sports betting in some form.
The sports betting market has seen exponential growth not only in the United States but also in other countries, including Kenya. In 2022, the sports betting market was valued at $83.65 billion and is projected to surge to $178.68 billion by 2030 according to Polaris Market Research.
Chancer Could Be a Game Changer
Chancer is currently in development and has already launched the presale of its native cryptocurrency CHANCER. Token holders will start seeing their benefits immediately after the presale concludes since the token is expected to go live on Uniswap and several centralized crypto exchanges. Holders will be able to trade their tokens or even use them for other DeFi activities including staking to earn a passive income while waiting for the Chancer Mainnet launch scheduled for Q1, 2024.
Once functional, Chancer will allow users to participate in market making, virtual betting, WebRTC-Live Streaming, Share2Earn program, staking, and deployment of Full Validator Nodes. Those who participate in market making and betting will get fee discounts, making the platform affordable for frequent users. Node validators can generate passive income, while those who win bets will receive their rewards in the form of CHANCER tokens.
Chancer is set to benefit from the fast-growing betting industry by offering a decentralized platform that gives users complete control over their bets. With its innovative approach and use of blockchain technology, Chancer has the potential to disrupt traditional bookmakers and become a major player in the industry.
