Chancer to launch token presale for its prediction platform

• Chancer, a new company, will launch its token presale on June 13.

• The company hopes to use blockchain to disrupt the predictions market.

• Users will be able to create their own blockchain-secured markets.

The sports betting industry is going through significant growth around the world. Most of this growth is coming mostly from the United States, a country where online betting was banned. Today, American betting companies like Fanduel, DraftKings, and BetMGM among others have become giant enterprises worth billions of dollars.

The blockchain industry can disrupt the sports betting industry because of its global nature. Several blockchain companies are seeking to disrupt the industry. Some of the companies seeking to disrupt the sector are SportX and Gnosis. Now, Chancer, a new company is entering the sector, which analysts believe is ripe for disruption.

What is Chancer?

Chancer is a new company seeking to change the sports betting industry by introducing new features that are not offered by existing companies. The ecosystem will be secured using the Biance Chain blockchain, which is the market leader in dApp development.

The most unique feature for Chancer is that, in addition to the available market, users will be able to create their own markets, which other users can place bets on. For example, a user can create a market for an upcoming game.

In addition to sports, users can create a market for current affairs. For example, in an election year, the creator can create a market for the potential winner or loser for the event. While similar betting markets exist, many of them exclude some events, which Chancer’s users can take advantage of.

According to the developers, the betting market will be facilitated by the $CHANCER token, which will be created using Binance’s blockchain. In the future, the token will also be used for governance purposes, where holders will be able to submit and vote on proposals.

Chancer will have several features, including the use of smart contracts, open-source code, decentralised nodes, and decentralised data storage. You can read more about Chancer and how it works in its white paper.

Chancer’s upcoming token sale

As part of the developers’ product launch, they are planning to launch a token sale soon. A token sale is a situation where users contribute funds to a project and are entitled…