Cloud Hosting

As the crypto market continues to evolve, new projects and tokens are constantly vying for investors attention. Two projects, in particular, have recently stood out AiDoge and Chancer. But while some consider AiDoge to be vastly overhyped, more astute investors have been eagerly watching the Chancer presale.

AiDoge, a new AI-powered meme generation and sharing platform, has been receiving significant attention lately mainly due to the ongoing presale of its native $AI token. However, beneath the hype and hysteria, serious concerns are being expressed.

A closer look at AiDoge reveals its primary offering to be a concept called Meme-to-Earn, which allows users to create AI-generated memes and earn AI tokens in return. While exciting on the surface, critics argue that AiDoge lacks substance or any real world application that makes crypto an attractive investment in the first place. Its reliance on meme culture casts stark doubt over its long-term sustainability.

Despite the hype around AiDoges $AI token presale, which has recently hit $12 million, investors would do well to exercise caution. Those already aware of the red flags have been pointing to a much more promising project thats well poised to disrupt a real world industry: Chancer.

Chancer is a blockchain-based platform aiming to revolutionize the online betting sector. In an industry worth over $60 billion, Chancer represents a significant departure from the traditional centralized betting model by bringing peer-to-peer (P2P) betting to the masses.

Unlike traditional betting platforms, where the odds are typically skewed in favor of the house, Chancer levels the playing field; instead, users are the house. They can create betting markets with virtually no restrictions; users can do anything, from a friendly wager amongst friends, to a global event watched by billions of people, setting their own odds, with outcomes independently verified by Chancers impartial moderators.

An integral part of Chancers ecosystem is the CHANCER token. Not only is CHANCER used to place bets and receive payouts, but it also allows users to realize staking rewards and discounted fees.

Market makers can even earn extra CHANCER by proactively promoting their markets under the platforms Share2Earn program, meaning the more bettors they attract, the greater their reward. Chancer plans to make sharing these markets as easy as possible, offering real-time video feeds of bets, results, and scores by utilizing Googles WebRTC technology.

In essence, co-founders and brothers Paul and Adam Kelbie are prioritizing user experience, transparency, and control above all else a stark contrast from the existing gambling industry. Operating on the Binance Smart Chain (BSC), all transactions will be publicly visible, while transaction times and withdrawal fees are minimal. It also paves the way for Chancer to become a decentralized app (dApp), offering users crucial votes on the platforms future governance.

The Chancer presale is just getting underway, aiming to raise $15 million. Currently priced at $0.01, Chancer presents a golden opportunity to be a part of a project that promises to redefine online gambling. Compared to AiDoges uncertain future in a market filled with meme coins, CHANCER seems to offer much more potential for long-term growth.

Given that the Chancer presale is only just beginning, few expert price predictions have been made for the CHANCER token. In that case, it might be better to look at a similar disruptive project: Chiliz. Chiliz is a fan engagement platform that offers sports clubs a new way to connect with their supporters, allowing them to create fan tokens that provide exclusive benefits for holders.

Chiliz initially launched to the general public at $0.0163 in September 2019, soaring to a high of around $0.8894 in March 2021. In other words, the CHZ token rose approximately 5,356% in that time.

Applying these figures in the context of the mammoth gambling industry, its reasonable to project that CHANCER could rocket well beyond its current price of $0.01 to reach $0.50, even $0.60, within a year or two.

Given Chancers unique P2P betting approach and commitment to maximizing the user experience, it seems poised to attract thousands of users looking for a fairer way to bet. In this scenario, CHANCER could easily see a meteoric rise and potentially deliver early investors CHZ-style gains.

Crypto investments require careful consideration of each projects underlying technology, use case, and potential for real world disruption. While AiDoge has created a wave with its novel Meme-to-Earn concept, it falls short in terms of actual application and long-term viability.

On the other hand, Chancers goal of revolutionizing the booming online betting industry through decentralization is a much more exciting prospect. Its user-centric P2P features are likely to be a smash hit with bettors across the globe and the potential for CHANCER to soar in the coming months is enormous. Dont miss out on this opportunity to jump on board with what could be one of the best cryptos to invest in this year!

You can take part in the CHANCER presale here.

Disclaimer:This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Read more from the original source:

AiDoge Presale Hits $12 Million, but Could Chancer Be the Best Crypto To Invest in Now? | Bitcoinist.com - Bitcoinist