$200k+ raised as investors scoop CHANCER

• Chancer’s presale is live and over 22 million CHANCER tokens have quickly sold out, with $214k raised as a new era for the betting industry begins.
• $CHANCER is priced at $0.01 during the first presale stage, but will rise to $0.021 by the end of stage 12.
• $CHANCER token utilities include general platform engagement and validator nodes.

Despite the headwinds that continue to cap upside momentum for cryptocurrency markets, as seen over these past few weeks, there’s new excitement among investors. That’s because Chancer (CHANCER), a new decentralized betting platform, has finally launched its token presale.

And unsurprisingly, more than 22 million CHANCER tokens have been sold within hours of the presale launch.

This even as the crypto prediction markets total market cap fell to $398 million, and tokens such as Gnosis (GNO), SX Network (SX) and Augur (REP) struggled alongside crypto mega caps Bitcoin (BTC) and Ethereum (ETH).

New era for Web3 social betting: 22 million CHANCER sold within hours

As highlighted here, the presale’s stage 1 phase went live yesterday and saw massive interest as over 6.5 million tokens sold in no time. Indeed, the Chancer presale in on fire as the betting industry welcomes a platform that is designed to change the whole ecosystem. 

As of writing, investors have scooped more than 22 million tokens – all within hours of the presale launch. More than $214,000 has been raised so far.

Check out the CHANCER presale here.

What is Chancer?

Chancer is being developed as the world’s first social predictive markets platform. The protocol is built on the Binance Smart Chain (BEP20) network and offers a platform set to disrupt the betting industry as we know it today.

This is because Chancer comes with a distinct approach to betting and prediction markets, complete a decentralized model that gives users control over their bets.

How does Chancer work?

$CHANCER is the native token that will power the new platform and holders will use it to create bets from almost any event that has determinable outcomes. They can then invite friends and the broader social markets community to participate by placing wagers against the odds.

So, whether an individual is interested in predictions for a sports game, election result or such other events, Chancer will offer the opportunity. Unlike traditional betting platforms or…