Crypto tasks raised over $200M final week, with Chancer’s presale closing in on $1M

Key takeaways

• Cryptocurrency tasks raised $201 million from VC corporations final week.

• Chancer’s presale is at the moment ongoing, and the venture is near hitting the $1 million mark. 

The cryptocurrency market is beginning the week in a bearish method. Bitcoin is down by greater than 2% at the moment and will expertise additional decline within the subsequent few hours. At press time, the price of Bitcoin stands at $29,148 per coin.

Nevertheless, Chancer’s presale continues to soar larger, with the workforce now near hitting the $1 million mark.

Crypto tasks raised $201M in per week

Bitcoin and different cryptocurrencies have been experiencing ranging markets for the reason that begin of the month. Nevertheless, regardless of the market’s poor efficiency in July, cryptocurrency tasks proceed to set new data.

A report by CoinDesk revealed that cryptocurrency tasks raised $201.4 million final week. The most important earners out there had been tasks that create developer instruments for zero-knowledge proofs.

VC corporations proceed to spend money on cryptocurrency tasks regardless of the bear market, indicating that there’s a sturdy perception about the way forward for the trade.

Chancer is gaining traction regardless of not going by way of the VC funding path in the meanwhile. The workforce’s presale occasion is about to hit the $1 million mark, with greater than 11 million tokens bought thus far. 

What does this imply for Chancer?

Cryptocurrency tasks elevating large quantities of cash from VC corporations is a transparent indication that traders are prepared to enter the market and spend money on the proper venture.

Sturdy tasks with wonderful use instances will achieve the eye of traders, each retail and institutional. 

Chancer is likely one of the thrilling and new tasks at the moment within the cryptocurrency area. Chancer is likely one of the tasks that’s gathering momentum amongst retail traders. 

The workforce is growing a singular Web3 peer-to-peer (P2P) customized betting platform that will make it attainable for customers to live-stream betting occasions. 

What Chancer seeks to attain is to decentralise the betting trade. The platform is adopting a decentralised technique of betting and on-line playing. 

A wonderful characteristic of Chancer is that, in contrast to conventional betting platforms, it doesn’t prohibit its customers’ betting alternatives. Because of this Chancer customers can guess on a variety of occasions, past conventional sports activities and on line casino bets. 

The Chancer presale is in its first section, and the workforce has raised $954,038.02 of the $1,000,000 required. Within the first presale, CHANCER is promoting for $0.01 USDT however will probably be elevated to $0.011 within the second stage. 

The builders will use the funds raised from the varied funding rounds to construct a P2P betting platform. 

Of their whitepaper, the Chancer workforce mentioned they might grant customers entry to quite a few options, together with, betting markets in real-time and primarily based on person pursuits, social media connections, and experience. 

Along with that, Chancer is seeking to remove the issues related to utilizing bookmakers when betting by permitting customers to arrange their customized P2P betting markets. 

Maybe an important characteristic of Chancer is that it will permit customers to guess on numerous actions. The guess may be on essential sporting or political occasions or trivial ones like the primary to finish a activity amongst pals. 

CHANCER to go for $0.011 within the second presale stage

Chancer’s first presale stage will probably be accomplished quickly, and the workforce will transfer to the second section. Within the first section, the CHANCER token is at the moment going for $0.01 USDT. 

Nevertheless, the workforce will improve the token value to $0.011 within the second presale spherical. The Chancer workforce will use the funds to develop its suite of merchandise. There could be 12 presale occasions, with an accrued goal of $15 million. 

CHANCER could have quite a few utilities inside the Chancer ecosystem. CHANCER token holders could have the choice of making and investing in markets created by others. 

Moreover, the token will permit holders to create, take part in, and revenue from their very personal predictive markets. 

In the meanwhile, traders should buy CHANCER tokens utilizing quite a few wallets, together with, Belief Pockets, MetaMask, Coinbase Pockets, and Rainbow. 

Go to the Chancer website to get extra details about the presale. 

Do you have to spend money on Chancer now?

As extra traders enter the cryptocurrency market, the main focus is on wonderful tasks nonetheless of their early phases. Chancer might turn out to be an enormous venture within the cryptocurrency area resulting from its distinctive nature. 

By decentralising the betting ecosystem, Chancer might achieve large adoption inside the Web3 area and past over the following few months and years. 

A surge in adoption of the Chancer platform might additionally result in a rally by its native CHANCER token. Moreover, if the broader cryptocurrency market embarks on a Bull Run, CHANCER might turn out to be one of many greatest winners.