HomeSponsoredLucky Block could face stiff competition as Chancer enters the prediction betting...

Lucky Block could face stiff competition as Chancer enters the prediction betting business


With many cryptocurrency projects targeting the sluggish gambling industry, competition is heating up. One platform that is emerging as a powerful rival to Lucky Block, an established player in the industry, is Chancer.

This revolutionary project promises to democratize gambling through its innovative betting model and user-centric vision. 

Read on to find out how Chancer is redefining online betting and why it may soon leave behind platforms like Lucky Block. 

Lucky Block: a risky bet

The world of online gambling is being reimagined through the lens of cryptocurrencies, and Lucky Block is a notable example. Launched in early 2022, Lucky Block is a platform that has sought to reimagine the traditional lottery process. The platform has made great strides, amassing over 40,000 active players and launching several NFT-based jackpots.

Although its ambition to solve major problems plaguing traditional lottery systems, such as security and liquidity issues and late payments, is laudable, critics argue that the platform still has a long way to go.

Indeed, despite initial enthusiasm that saw Lucky Block reach a market capitalization of $1 billion in its first few weeks, the performance of its token has failed to maintain the same momentum, plummeting more than -98 percent from its all-time high to today’s price.

In addition, some investors have expressed concerns about the long-term viability of the platform and the sustainability of its lottery-based model. This seems especially true with the emergence of innovative platforms such as Chancer.

Lucky Block price prediction

Currently, Lucky Block’s native token, LBLOCK, is trading at $0.0001017 , a figure well below its peak of $0.00906. Although some hopeful investors anticipate a recovery, the steady downward trend in LBLOCK’s price suggests otherwise. 

It seems that despite the platform’s initial promise, market enthusiasm has waned. Unless Lucky Block can seriously reverse course, it is highly likely that LBLOCK’s price may continue to fall. As potential investors weigh their options, it is becoming increasingly clear that Chancer may represent a much more promising opportunity.

Chancer: A new betting paradigm.

At the other extreme, a new entrant is making waves: Chancer, a unique, decentralized platform that promises a democratized approach to online betting. Conceived by brothers Adam and Paul Kelbie, Chancer aims to shift the paradigm, transferring power from traditional bookmakers to users.

Unlike Lucky Block, Chancer’s appeal lies in its versatility and is not limited to just lottery-style gambling. In fact, it is a global, fun and social platform where users can create custom bets on anything from predicting the next president of the United States to who will come out on top during a movie-themed trivia night among friends. 

Chancer’s promise is backed by a trio of standout features. First, it facilitates peer-to-peer (P2P) markets, allowing users to create their own betting scenarios, setting odds and providing a source of fair resolution. 

This is a real revolution in the betting industry, removing the dealer from the equation and producing a more interactive and personal betting experience.

Second, Chancer leverages the Binance Smart Chain (BSC) to offer users fast and transparent transactions, all at a minimal cost. 

The use of the BSC also enables the Share2Earn program, in which market makers can create and promote betting markets in exchange for additional CHANCER tokens. Chancer integrates cutting-edge technologies, such as Google’s WebRTC live streaming software, to make sharing these events as easy as possible.

Finally, the platform empowers its community by granting it rights of governance and to guide its development. Indeed, community members can actively participate in the decision-making process by voting on proposals, which include a wide range of topics such as creating new partnerships, introducing innovative features, and determining which charities should benefit from Chancer’s philanthropic initiatives.

Chancer’s innovative approach and user-centered ethos are likely to foster a vibrant and diverse betting community, making it an attractive alternative to more limited platforms such as Lucky Block. Its exciting features and ambitious roadmap extending to 2024 clearly demonstrate that Chancer is a potential game-changer for the online betting industry. 

Chancer’s price forecast

Although Chancer‘s presale started just 2 weeks ago, it has already raised over $364k in investment. It is currently worth $0.01 and is in phase 1 of its presale, but many industry experts predict much higher prices after the presale. 

The release of the beta platform in the third quarter of 2023 could generate further interest, while features such as betting and market making, which will be launched in the fourth quarter of 2023, could raise the level of interest in Chancer. 

The launch of the mainnet in the first quarter of 2024 could be the biggest catalyst of all, with Chancer’s presale price likely to be dwarfed by its value at that time.

Given these developments and the growing interest in the Chancer presale, a price forecast of $0.60 by next year seems plausible. The Chancer token has an extremely bright future and could offer significant returns to early investors.

Bottom line

In summary, Chancer’s visionary approach and compelling roadmap position it as a potential gem to invest in. With a full launch imminent, cryptocurrency enthusiasts and gamblers eagerly await the chance to become early investors, a unique opportunity that may never come again.

The potential is huge and interest is growing. Don’t miss your chance, get moving today and join the Chancer revolution.

You can participate in the CHANCER presale here.

*This article was paid for Cryptonomist did not write the article or test the platform.

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