Home Market Analysis Chancer gains momentum as the English Premier League 2023-24 kicks off

Chancer gains momentum as the English Premier League 2023-24 kicks off

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Chancer gains momentum as the English Premier League 2023-24 kicks off

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  • A Majority of EPL clubs played their opening matches over the weekend.
  • The only teams that have not played are Manchester United and Wolves, which is scheduled for today at 22:00 GMT+3.
  • The English Premier League has added some impetuous into the Chancer presale.

The English Premier League (EPL) 2023-24, one of the most followed and watched games, just kicked off and the presale of Chancer, the world’s first decentralized predictive market-making platform, is gaining momentum. At press time, 30,047,387 CHANCER tokens had been sold raising $1,331,800.21.

The Chancer presale saw increased activity over the weekend as EPL teams played their first matches over weekend and it is expected to gain momentum as the league progresses until its mainnet launch in Q1 2024.

What is Chancer?

Chancer is developing a cutting-edge prediction markets platform based on the principles of user empowerment and decentralization. It aims to primarily function as a peer-to-peer (P2P) betting facilitator rather than a typical betting establishment. It will allow individuals to create and control their own betting markets, a strategy that democratizes the betting market.

The appeal of Chancer, which Adam and Paul Kelbie co-founded, goes far beyond traditional sports betting. Users of the platform will be able to wager on any event they can think of, from the results of football matches including EPL matches and Champions League final to more specialized wagers between friends.

Chancer’s value proposition heavily emphasizes its adaptability, which, along with the company’s plans to become a DAO, distinguishes it from other cryptocurrencies and betting platforms and explains why so many investors are interested in finding out how to buy CHANCER.

At the heart of the Chancer ecosystem is the CHANCER token, which is the primary currency for transactions within the ecosystem.

The value of the CHANCER token is linked to the success of Chancer’s P2P betting concept. As the project grows and widens its user base, the demand for CHANCER tokens is expected to also see an increased uptick leading to a potential price surge. That said, the value of CHANCER has also been rising throughout the presale with each presale stage.

Chancer also stands the chance of attracting users who are currently not attracted to the traditional online betting platforms which are centralized. One of the greatest Chancer prepositions is the ability for users to create their own wagers on anything including activities between friends.

Why is the EPL causing so much excitement around CHANCER presale?

A majority of Chancer investors see it as a great platform for creating betting markets and betting for the EPL matches besides other competitions. And it goes without saying that the EPL is the most followed football league in the world courtesy of the many top talents playing in the various teams.

Although the American Major League Soccer (MLS) has been seeing some traction since Lionel Messi moved to the Inter Miami club, the MLS is still far below the EPL in terms of popularity.

When Chancer officially launches in the first quarter of 2024, the EPL is likely to be one of the most betted competitions on the platform before the 2024 Olympics games begin later on in the year.

Should you invest in Chancer now?

Well, the decision to invest in any project is the prerogative of an investor and requires due diligence especially when it comes to cryptocurrency projects because of the volatile nature of cryptocurrencies.

So, far Chancer has shown its capability to revolutionize the betting industry which was valued at over $2B in 2022. If successful, the project will be a force to reckon with within the betting circles seeing it is introducing an opportunity for CHANCER token holders to create their own wagers on basically anything.

To purchase your CHANCER token, you can visit Chancer’s official website here.

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