Chancer raises $421.4k in two weeks
The token’s P2P model in betting is attracting investors
Chancer’s value to increase in the subsequent presale phases and upon listing
Blockchain is revolutionising traditional sectors in good ways, with the latest being betting. Chancer has been the key project in this shift, focusing on new ways investors can participate in betting and earn. The primary innovative feature of Chancer is its peer-to-peer betting that allows investors to predict in markets created by themselves. Investors have shown enthusiasm for the project, buying more than $421.4k worth of Chancer tokens in the first phase of a presale that opened two weeks ago. The successful presale underlines the growing uptake of crypto, with Mastercard considering a multi-token network (MTN).
Mastercard to make digital transactions secure and interoperable with MTN.
Payments giant Mastercard wants to enhance digital transactions’ security, interoperability, and scalability with a Multi-Token Network (MTN) product. The company says MTN will enable efficient and cost-effective payments by using digital assets.
MTN is also expected to enhance identity management and permissions through blockchain networks, thus building trusted business interactions. Using digital identities will also help counter fraud common in card-related transactions.
The new product by Mastercard underlines that big players are getting into the sector, building needed trust. For a global payment network like Mastercard, it means the project will increase digital asset visibility and allow new ones to succeed.
Peer-to-peer betting by Chancer. What is it?
As the name suggests, peer-to-peer (P2P) is a betting model permitting user relations with each other. Chancer is pioneering a P2P betting where users can build their betting markets via a secure decentralised system. Users can determine what instruments, events, or situations they want to bet on and invite others (peers) into that betting market.
Chancer has the edge over the traditional betting markets in that investors are not restricted to the odds and rules common in betting platforms. They play by their rules and odds betting through Chancer.
With the ability to create a betting market from almost anything, Chancer brings fun to betting and allows flexibility to investors. It also expands the earning opportunities for investors as they can create limitless betting markets via the P2P model.
What is the value proposition of Chancer?
Chancer carries value in letting investors create betting markets and earn rewards on successful outcomes against peers. Investors can bet on events from football to politics and elections. But of course, Chancer is built with an investment focus rather than betting.
One of the ways to unlock value through Chancer is by creating predictive markets. Investors get rewarded for market-making activities. It means investors are rewarded for their interests and expertise by participating in the Chancer project.
The second way is through staking $CHANCER. Investors can stake the tokens for yields, thus unlocking liquidity and facilitating the platform’s growth. Other ways to earn include token rewards for promoting Chancer to others.
Is Chancer an ideal investment?
Chancer could be an ideal investment if you are looking for a project with huge growth potential. Betting markets are fast-growing, and the entry of Chancer offers a leeway for investors to do it differently.
Alongside the ability to earn through P2P betting, investors who feel locked out of the traditional markets can find Chancer ideal.
The growth of the Chancer platform could fuel an increase in the value of the token and generate enormous returns for investors. For a token of a novel project like betting, price increases for $CHANCER can be up to 1,000%.
Does buying $CHANCER on presale make sense?
Any token that is newly listed is best bought at the presale. The price level is low, and there is a potential to earn big when it is listed on exchanges.
Chancer’s presale will occur in 12 stages, each with a higher price than the previous one. As such, the price is the lowest in the first phase and the most attractive.
The post Chancer to usher a new era of betting as Mastercard eyes a multi-token network appeared first on CoinJournal.