Long-term backers of the crypto industry know how important research can be. With so many tokens and so many different use cases for blockchain, it can be extremely difficult to sift through the noise while finding high potential tokens to add to a portfolio.
One of the many methods used by experienced crypto traders is finding moonshots during presales. Both the Chancer and Caged Beasts projects are releasing their native token during their respective presales, and early whispers are suggesting that each project could produce major returns over time.
Caged Beasts and Chancer Presales: Two early stage investments that are looking promising
While the potential of success for each of these projects is undoubtedly true, it often depends on the long-term success of the underlying fundamentals. Interestingly, each one does something completely unique.
Chancer is the world’s first decentralized predictions market. The platform allows bettors from all over the world to wager on the outcome of major events while bypassing manipulation from centralized bookmakers. It’s a truly innovative application of blockchain technology, and the CHANCER presale is the first glimpse that users get into its future.
Elsewhere in Web3, Caged Beasts is an exciting new crypto project that has started to turn heads. While objective information about the new project is scarce, the project has revealed elements of its narrative driven platform including who the main characters are.
What is Chancer?
Chancer is a peer-to-peer (P2P) online betting platform that uses blockchain technology to bypass bookmakers completely. For the first time, people can bet on prediction markets without using odds that have been set by the house. Historically, the house uses unfavorable odds to ensure that they always make more than they give away. In contrast, Chancer does not rely on its own coffers to make pay-outs, as all bets are created and settled in the peer-to-peer marketplace.
Whether making small bets with friends and family, or joining massive bet slips for major events such as the Superbowl or the Oscars, Chancer offers a new way to enjoy the experience. Users can create their own custom bet slips with odds they’ve set themselves, which adds a new dimension to an already-popular value proposition.
How does CHANCER work?
CHANCER tokens are the primary currency on the Chancer platform. All bets are made using CHANCER, and all pay-outs will be denominated in the cryptocurrency as well. Users can collaborate to create custom bet slips using Google’s WebRTC, which allows for real-time communications and live streaming to users from around the world.
Since Chancer is a fully P2P betting market, it’s important that user safety is upheld. Anyone can create custom odds, so Chancer’s moderators are on hand to ensure that every bet made between users is both reasonable and fair.
The betting industry is expected to grow to over $70 billion by 2030. It’s a true global behemoth, and one that Chancer is looking to disrupt. The platform is fully compliant with regulation, yet is able to bypass the bookmaker and give more power back to bettors. This is a key reason why the Chancer presale has been exciting so many Web3 users.
Will CHANCER reach $0.75 in 2025?
The CHANCER presale has just kicked off, and it’s already been attracting a significant level of attention from Web3 users. The current price of the token is $0.01 during stage 1 of the CHANCER presale — a value that is set to rise to $0.021 by the final investment round.
Early backers have a limited time to get involved during the Chancer presale. The price will rise incrementally in the run-up to its launch on digital asset exchanges, at which time it’s expected to rise substantially.
Price analysts are anticipating major returns from the Chancer presale’s early stages, with its potential value being in excess of $1 by the next crypto bull market.
What is Caged Beasts?
Caged Beasts is a new crypto project that has so far been veiled in mystery. The project is narrative driven, with the snippets shared so far revealing only two characters: Doctor Jekyll and a humanoid beast known as Rabbit. Doctor Jekyll joined an animal testing lab and created a mutant clone of himself crossed with a bunny — the Caged Beast from the project’s title.
It’s so far unknown what kind of project Caged Beasts will turn out to be. Early rumours are expecting it to have several digital assets available for investors, including the BEASTS fungible token and NFT artwork. Whether the tokens will have any utility in the Caged Beasts ecosystem is yet to be announced.
Will Caged Beasts reach $0.25 in 2025?
BEASTS is being released during the opening stage of the Caged Beasts presale and the project has piqued the interest of many blockchain users. However, serious investors have yet to commit themselves to a long-term position.
While the Caged Beasts plotline certainly looks exciting, it’s unclear exactly who the target market is for the new project. It’s also unknown what kind of blockchain services will be offered on the platform, so price analysts are expecting it to be a non-starter unless more information is revealed soon.
Caged Beasts vs. Chancer presale: Which token is the better buy?
Right now, Chancer certainly looks like the better long-term opportunity. Caged Beasts has an interesting narrative, but long-term investors will need more utility if they’re going to back the token. For investors seeking a high risk, high return opportunity, Caged Beasts looks to have more risk than return.
In contrast, Chancer is a game-changing addition to the online betting industry. For the first time ever, people can place wagers against each other directly without the need to rely on a centralized bookmaker. Chancer has high potential in both Web3 and beyond, so the current presale price of $0.01 looks extremely undervalued.
You can take part in the CHANCER presale here.
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