Twitter rival Threads hits 100M users as Chancer gains momentum

• Twitter rival Threads has raced to more than 100 million users days after its launch.
• Chancer is a predictive markets app built on the blockchain and which seeks to disrupt the betting market.
• The $CHANCER presale is gaining upside momentum amid investor exuberance on project’s potential.

Chancer’s presale is gathering fresh momentum, with over 67 million tokens sold and nearly $680k raised so far. This comes as the investor community gets to learn about the potential impact of this blockchain-based predictive markets platform in the global betting industry.

The project is also attracting interest at a time when what would end up as an epic battle in the social media space takes shape.

What’s Threads?

Mark Zuckerberg, the CEO & founder of Meta Platforms (formerly Facebook), recently announced the launch of Threads, a new social media platform touted as the biggest threat to Twitter. Days after the launch, which saw over 30 million sign ups in hours, Threads has hit more than 100 million users.

The rivalry between this Instagram sister app and the Elon Musk-owned platform might just be at the beginning of what could turn into a titanic battle. Already, Musk has labelled Threads a copycat and his lawyers have threatened legal action over allegations that Meta snapped former Twitter employees to gain insider information that it used to create Threads.

Threads has Twitter-like features such as liking posts, commenting, retweeting (reposting), and sharing. There are no direct messages or hashtags. The app however supports 500 characters per thread (more than Twitter), and videos of up to 5 minutes.

Twitter vs. Threads:  Who’s your money on?

Statistics show Twitter’s users number less than 370 million, which means Threads could possibly overtake it. It is notable that Twitter had to wait five years to reach 100 million users – something Threads did in four days.

Predictions on the possibility of Threads overtaking Twitter or not are part of the social conversation now. Also not surprising is the fact that some people might have placed wagers on one or the other outcome. 

While the Musk vs. Zuckerberg “caged match” type of battle has zero chance of happening, if it ever does, blockchain-based Chancer app could be where most wagers happen due to its completely different approach to betting. 

What is Chancer?

Chancer is a new…