Mastercard Ups Its Crypto Game — Is That Good News For Chancer’s Future?

Mastercard has recently made notable moves in the blockchain space in a sign of growing crypto adoption. But how does this affect other players in the industry?

In this article, you’ll find out how these developments could affect Chancer, an emerging platform shaking up the betting industry with its decentralized approach.

Mastercard makes significant strides in the crypto arena

Mastercard, the globally recognized payment solutions giant, has made notable strides in utilizing cryptocurrency. Recent developments mark a significant shift in the traditional finance landscape, including some big-name partnerships.

In April, Mastercard partnered with market leaders Solana, Polygon, Aptos, and Avalanche to establish the Mastercard Crypto Credential — a unified set of standards set to streamline blockchain-based interactions.

Just recently, in June, it filed a trademark application for a collection of crypto and blockchain solutions. This application covers software simplifying interactions among virtual asset service providers (VASPs), enabling seamless crypto transactions.

This development is a key indicator of Mastercard’s growing interest in enhancing the crypto space and integrating blockchain-based products.

Moreover, Mastercard has also expanded its program, Mastercard Engage, to include crypto, aiming to speed up the process of bringing crypto cards to market and enabling crypto-to-fiat conversions. In an industry expected to fight crypto innovation, these developments are welcome in the broader crypto community.

Its pivot towards a decentralized future could be the first domino to fall, suggesting the potential for other big players to follow suit. Such bold steps could pave the way for projects like Chancer to gain more traction in mainstream markets.

What is Chancer?

Chancer is a ground-breaking predictive markets app that’s challenging the traditional gambling industry with its peer-to-peer betting model. With little reason to improve their offerings, betting companies have grown complacent, maximizing profits over user enjoyment. Chancer’s founders, brothers Adam, and Paul Kelbie, see a problem with this and are introducing their new platform that prioritizes fairness, personalization, and fun.

Chancer’s P2P model allows users to create their own custom betting markets, including setting their odds and resolutions.

This innovation introduces a new level of user control and flexibility, with virtually unlimited possibilities. Whether you’re betting on the next Super Bowl winner or who’ll win your local trivia night, you can do it all with Chancer.

One of the significant advantages Chancer brings is the elimination of the “house” or the intermediary that usually sets the odds and takes a cut in traditional betting.

By removing the house from the equation, Chancer offers a more transparent and fairer betting environment. Outcomes are determined by impartial moderators rather than betting firms motivated by profit.

At the heart of Chancer’s ecosystem is the CHANCER token, used to make bets and reward successful predictions and as an incentive for creating and sharing markets. Using Chancer’s social-media-ready content, markets are easily accessed, allowing users to share their scores, results, and live streams.

Chancer’s ultimate vision is to become entirely decentralized, using quadratic governance to ensure a balanced decision-making process and giving the community the deciding vote in its future direction.

This philosophy of user empowerment and fairness is driving considerable attention to the ongoing Chancer presale, where the platform aims to raise $15 million to support the development of its next-generation betting solution.

Could Mastercard be good for Chancer?

Mastercard’s recent crypto initiatives signal a fundamental shift in attitudes toward cryptocurrency within traditional financial institutions.

This growing endorsement is a crucial step in bringing legacy finance into the future, fostering wider adoption and mainstream acceptance of crypto.

The three developments mentioned — recent partnerships, trademarked software, and the expansion of the Engage program — all have the same end goal: they aim to reduce the complexity of cryptocurrency for the everyday user and create a seamless transition between traditional and digital assets.

Effectively, they could lower the barriers of entry to crypto and enable a broader audience to access and use Chancer’s platform.

Moreover, more widespread acceptance gives Chancer a fighting chance against established centralized betting firms.

While Chancer might’ve been regarded as a fringe project three or four years ago, the growing adoption of decentralized solutions means it is much more likely to be taken seriously by its centralized competitors and the end user. For investors involved in the Chancer presale, this translates to a greater likelihood of long-term gains.

Chancer price prediction

Currently, Chancer’s presale, structured in 12 stages, is in full swing. Tokens are worth $0.01 after raising over $478k, with the final presale price set at $0.021.

In terms of future performance, expert predictions are bullish. Many analysts suggest a significant potential for price growth, projecting that the CHANCER token could reach between $0.40 and $0.50 by the end of the year — a potential return of between 1,800% and  2,280% in less than six months!

The bottom line

In summary, Mastercard’s embrace of blockchain technology could spell good things for Chancer’s future. The platform’s P2P betting model and disruptive potential represent an outstanding investment opportunity likely to be spurred on by mainstream finance’s growing adoption of decentralized products.

With the presale underway and predictions for the CHANCER token price set high, there’s a potential for significant returns over the coming months.

Chancer’s vision of betting — user-centric, transparent, and fun — holds plenty of promise, and there’s no better time to get involved as one of its early adopters. Take advantage of the Chancer presale while its token remains exceptionally undervalued.

You can take part in the CHANCER presale here.