Chancer, a decentralized betting platform, is preparing for its mainnet launch in the first quarter of 2024. This follows its product development testnet, which is scheduled for the final quarter of 2023.
The platform’s design will allow users to bet on anything they wish, including friendly bets between individuals, as well as major events like the 2024 Olympics. This departure from the traditional focus on football and basketball betting could introduce fresh dynamics into the betting industry.
Chancer’s Unique Betting Framework
Chancer differentiates itself by offering a new perspective on predictive market-making. It aims to enable bettors to create their own peer-to-peer markets in real time, offering opportunities for wagering on a broad range of interests, from sports to international politics.
One of the major differences from conventional betting platforms is that Chancer allows users to create their own betting markets and set their own odds.
Traditional betting platforms often have the house determining the odds, but Chancer is looking to shift that dynamic by offering more control to the users.
One unique aspect of Chancer is its token-based economy. The platform uses the CHANCER token, which users can utilize to create their own markets and place bets. The aim of the project is to shape the evolution of betting in the Web3 environment, and users play a key role in this process.
Currently, the CHANCER token is in the presale stages, with a promising increase in value anticipated, from the current price of $0.010 to $0.021. As per the project’s roadmap, the CHANCER token is planned to go live on various cryptocurrency exchanges including Uniswap, Coingecko, and Coinmarketcap in Q3 2023.
Implications for the iGaming Industry
The entrance of Chancer into the betting market could have several notable impacts:
- A New Betting Landscape: Chancer’s ability to allow users to create their own markets and set their own odds could inspire other platforms to provide more control to users.
- Increased Variety: By enabling betting on a wide range of topics, not limited to traditional sports, Chancer may lead to a more diversified betting industry.
- Web3 Integration: Chancer’s incorporation of token-based operations represents a step towards more integrated use of cryptocurrency and blockchain technology in the betting industry.
As Chancer readies for its mainnet launch, its unique betting capabilities could have a significant impact on the future of the iGaming industry. This innovative approach towards betting is poised to open new opportunities for users and broaden the industry’s horizons.