KENYA ONLINE Chancer set to benefit most from the fast-growing betting industry 3 months ago Szarlot Post Views: 120 Since the US Supreme Court struck down the federal ban on sports betting in 2018, more than 30 states and the District of Columbia have legalized sports betting in one way or the other and 10 other states are expected to do so in the near future. It is not only the United States that has seen an exponential growth in sports betting but a majority of other countries including countries like Kenya in Africa have also witnessed a market boom over the past few years. In 2022, the sports betting market was valued at $83.65 billion and it is projected to surge to 178.68 billion by 2030 according to Polaris Market Research. However, most sports betting platforms operate as bookmakers and set odds against participants. A new entrant, Chancer, is seeking to change that by introducing a decentralized social predictive market-making platform allowing people to place bets on any prediction or event and have complete control over their bets. Chancer, which is leveraging the power of Blockchain technology for decentralization, is currently in development and has already launched the presale of its native cryptocurrency CHANCER. At press time, 36,763,989 CHANCER tokens had been sold in the first stage. Interested investors can purchase their tokens here using BNB or BUSD (BEP20) tokens. Chancer presale timelines Before delving into how CHANCER token holders will benefit from the first decentralized predictive market-making platform token, it is important to point out that the CHANCER presale is distributed over 12 stages. At the time the presale is coming to an end, the price of the token is expected to be $0.021 according to Chancer’s presale schedule. How CHANCER token holders will benefit Token holders will start seeing their benefits immediately after the presale concludes since the token is expected to go live on Uniswap, and a number of centralized crypto exchanges. Holders will therefore be able to trade their tokens or even use them for other DeFi activities including staking to earn a passive income while waiting for the Chancer Mainnet launch scheduled for Q1, 2024. Once functional, Chancer will allow users to participate in market making, virtual betting, WebRTC-Live Streaming, Share2Earn program, staking, and deployment of Full Validator Nodes; all of which are to be tested before the mainnet launch. Additionally, those who participate in market making and participate in betting will get fee discounts, which is an incentive to make the platform affordable for those who its frequent users. The node validators will be able to earn a passive income while bet winners will be rewarded in CHANCER tokens. Source: coinjournal.net About Post Author Szarlot I am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. See author's posts SzarlotI am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. Facebook Twitter LinkedIn Email Print Tags: Blockchain technology, CHANCER, Kenya Continue Reading Previous Exploring the Future and Emerging Trends in NigeriaNext 1xBet’s Sergey Karshkov passes away following a tragic medical incident More Stories ONLINE WORLD NEWS Techstars Toronto Selects 10 African Startups for 2023 Summer Accelerator 20 hours ago Szarlot CASINO ONLINE Playing Slots Online: A Comprehensive Guide 23 hours ago Tools BETTING KENYA Betwinner Expands Sport Betting Options to Over 45 Sports 2 days ago Samuel ONLINE SOUTH AFRICA MTN outlines big financial services expansion plan 2 days ago Szarlot HISTORY KENYA Sports in Africa: A Tapestry of Culture, History, Identity 2 days ago Samuel ONLINE WORLD NEWS Slot Machines with Football Themes: How to Score Big Wins 2 days ago Szarlot BETTING KENYA Nairobi Businessman Wins KSh 2m SportPesa Jackpot 5 days ago Samuel BETTING KENYA Ten new betting firms enter market within two months 7 days ago Samuel GAMES ONLINE FRESH CRUSH 1 week ago Iwo Bulski BETTING KENYA Team Capital FM in Action At the Casino Cup 6 1 week ago Szarlot KENYA ONLINE What kind of betting predictions are available to bettors in Kenya? 1 week ago Szarlot ONLINE SOUTH AFRICA List of best no deposit casinos bonus South Africa 2023 1 week ago Samuel Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.