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Despite the Crypto Winter and other scandals, blockchains seem here to stay in the sports betting market

TechCrunch

According to Grand View Research, the global sports betting market is expected to grow to $182.12 So we are seeing a number of startups throng around this market. Thus, HotStreak , a web3 platform for daily fantasy sports (DFS) contests, is betting that a decentralizing payments is an ideal solution for DFS platforms.

Sport 220
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Polychain puts its money on HotStreak to streamline sports betting using blockchain

TechCrunch

In the world of sports betting, instant payments and reliable custody are key to the user experience. HotStreak , a web3 platform for daily fantasy sports (DFS) contests, is wagering that the decentralized nature of the blockchain makes it an ideal solution for DFS platforms. It doubled in size in 2021 with over $52.7

Sport 223
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Will Topps’ SPAC-led debut expand the bustling NFT market?

TechCrunch

The Exchange explores startups, markets and money. We care because Topps and its products are popular with the same set of folks who are very excited about creating rare digital items on particular blockchains. And because it has both e-commerce and digital angles, Topps is technically a fruit tech company. Why do we care?

Marketing 248
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2022 crypto predictions from Prime Trust CFO Rodrigo Vicuna

TechCrunch

Cryptocurrency and blockchain had a breakout year in 2021. ust look at the numbers: 80 million unique crypto wallets; Bitcoin and Ether grew 60% and 407%, respectively; El Salvador adopted bitcoin as official currency; the NFT market generated $2.5 Have we reached a point where crypto and blockchain reach mass adoption?

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Eksab gets $3M to scale its fantasy football platform across MENA and Africa

TechCrunch

Football or soccer, the latter commonly used in the US, is the most popular and watched sport globally with over five billion football fans according to its apex governing body , FIFA. “So we did some research and realised there was a massive market gap for this kind of game [fantasy football] in the Middle East and Africa.”

Sport 246
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NBA Top Shot maker Dapper Labs is now worth $2.6 billion thanks to half of Hollywood, the NBA and Michael Jordan

TechCrunch

Now the company is reaping the benefits of its trailblazing status with a new $305 million financing led by some of the biggest names in Hollywood, sports and investing. It’s like the one thing that cryptocurrency can do really well and it’s been embraced far beyond the world of sports collectibles.

Sport 246
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Hong Kong accelerator Brinc raises $30M Series B

TechCrunch

Last year, the pair launched the blockchain/NFT accelerator Launchpad Luna. In a call with TechCrunch, Brinc co-founder Bay McLaughlin pointed at a number of markets in Asia as targets for potential expansion, including Japan, Korea, Singapore and India, as well as added presence in China.