With a focus on sports and entertainment, Chiliz has a viable use case in the crypto market as a way to connect sports clubs, associations, and their fans. Some crypto traders don’t believe it carries the financial incentive they seek, though. Chancer offers better investment potential due to more community integrations as a betting platform and ROI in the long run. This article will examine how the projects compare.
Why Chancer should be the next crypto investors buy
A custom betting platform that also provides live streaming capabilities, Chancer operates in the Web3 space with peer-to-peer (P2P) functionalities, but it offers much more than that. The project is on track to be a major disruptor among other gambling projects in many ways.
Users can participate in Chancer’s ecosystem by creating their own betting markets while customizing the odds, rules, and overall experience. Chancer also allows users to invite others to join their wagers — anyone from close friends to strangers from around the world. Bettors can even join each other to watch live streaming events as well! The quality and functionality of this feature is supported by Google’s WebRTC, which also allows real-time communication between users.
This is where Chancer competes with Chiliz, as they both technically feed into the sports and entertainment sectors. However, Chancer offers much more to its investors than just a sports fan environment; users can bet on everything, from global events such as the Champions League Final to the POTUS elections, or even smaller wages between friends, such as whether or not Stan will eat the last donut yet again.
What is Chancer?
The Chancer platform lets investors personalize and design P2P markets in real-time, leading to an expansive community that engages in markets based on a broad range of interests, from sports to awards shows to global politics. Whether centered around interests, social connections, or specific expertise, Chancer has made way for market diversity on its platform.
Participation is made possible with the CHANCER token, as it lets users both create their own markets and bet on others. The project aims to shape the development of betting in the Web3 space, and Chancer’s users are a core part of this.
Aside from its core use case in the market, there’s a long list of incentives behind Chancer’s ecosystem. Not only will investors be able to profit from holding tokens, but they can also use them to earn more along the way. One way to take advantage of this is through staking your tokens. Another way to earn is through the projects’ Share2Earn competitions. Here, you can earn token rewards by making your own market and driving user participation.
Chancer offers a future to look forward to
If you look past the project’s base offerings, you’ll find they plan to deliver more investment incentives to traders. Token utility with CHANCER goes beyond betting markets. Holding tokens looks likely to lead to an excellent ROI in due time, but there are a few other benefits coin holders may want to consider.
Token utilities include:
- Betting: Traders can bet their tokens to participate in community-created live markets.
- Market rewards: Create your own market through the Chancer dApp to start earning rewards through participation.
- Share2Earn: Promoting your own market can increase participation leading to more rewards.
- Winnings for successful bets: Those who enjoy a successful betting outcome will also be rewarded with CHANCER tokens.
- Staking: You can also stake your tokens for yield and gain additional profits through the Annual Average Return on the staking pool.
- Discounted fees: Discounted fees are available for token holders that create and participate in markets.
The Chancer token is the lifeblood of the project as it allows holders to navigate its ecosystem, use its services, and profit from merely contributing. All of this has analysts on their toes, and the price predictions for Chancer have been rolling in.
Additionally, Chancer will be hosting a series of giveaways for investors during its presale event, including a chance to win $100K in CHANCER tokens. They will announce the giveaways and winners on their Twitter profile.
Chancer price prediction
The future for Chancer will likely be profitable for investors. Although the project is currently sitting at $0.01, industry analysts expect a price hike toward $0.55, anticipated to come about once the presale event ends, which should happen sometime in Q3 of this year.
It will be advantageous to invest in Chancer as early as possible. Its price is currently very low, but projections highlight that substantial returns are coming as 2023 continues.
Regardless of when you decide to participate in Chancer’s presale, you should see a healthy ROI if you hold long term. So how does Chiliz compare with Chancer as a longer-term investment?
Chiliz price predictions and investment potential
You can expect that Chiliz is hard at work in its own right. Chiliz operates Socios, a blockchain-based sports entertainment platform. Users can participate in the platform by focusing on the governance of their favorite sports brands. Traders can use their tokens to participate in polls, and surveys, while influencing club-related decisions.
However, even with an array of recent positive news, traders are wary of investing as the project’s chart needs to look more healthy. The crypto project also has many big brand sponsorships like UFC, FC Barcelona, gaming organizations, and more. Although this sounds good, many traders aren’t sure if the project will hold up in the long term.
Chiliz currently sits at $0.07394, but analysts are hopeful the project could see a positive trajectory soon. Predictions vary significantly from $0.54 to $2, which may be made more likely with recent news of being whitelisted by the Indonesian government and indications of a bearish trend reversal.
Investors constantly seek crypto projects that are affordable and actively growing, but the price history of Chiliz doesn’t make for a promising future. Even if the project did see a positive turnaround, it wouldn’t be at the rate we’re seeing with CHANCER’s growth.
Why Chancer could be the better investment
When you compare the two cryptocurrencies, Chiliz has a fighting chance in the market, but Chancer comes out on top. From an investment standpoint, Chancer offers many more benefits for your portfolio. Chancer should be the better investment, considering the success of the presale that has already raised $479k and its impressive roadmap.
You can take part in the CHANCER presale here.
