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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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Binance-backed web3 gaming startup Unagi gets funding to expand fantasy sports platform

TechCrunch

million ($5 million) seed round of funding, as the French startup prepares to expand its NFT fantasy sports platform beyond football (“soccer”) and into the basketball realm. Both Guillemot and Pellerin left Owlient in 2021 to kickstart Unagi, serving as co-CEOs, and launched their first game last April. million ($6.5

Sport 212
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2022 crypto predictions from Prime Trust CFO Rodrigo Vicuna

TechCrunch

Cryptocurrency and blockchain had a breakout year in 2021. Have we reached a point where crypto and blockchain reach mass adoption? Even though DeFi, cryptocurrencies, blockchains, NFTs and a slew of other products came online in 2021, only about 1% of the world’s population has a unique crypto wallet. Contributor.

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Voodoo bets on play-to-earn crypto mobile games

TechCrunch

French startup Voodoo has announced that it plans to make a significant investment in blockchain-powered mobile games. 2021 has been an important year for crypto gaming, with Axie Infinity popularizing the play-to-earn model. Tangentially, fantasy sports NFT games could be considered as crypto games.

Games 226
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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. ” Sorare raises $680 million for its fantasy sports NFT game. .” ” Sorare raises $680 million for its fantasy sports NFT game.

Sport 246
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6 Tech Trends that will reshape Media & Entertainment in 2021

Trigent

The number of OTT service users in the United States is expected to reach 198 million by 2021. in 2023 with eSports being touted as the future of sports. Legalized sports betting will also see a surge with 5G technology, and several sports stadiums and similar arenas in the U.S. revenue that was generated in 2018.

Media 98
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Sequoia-backed SwooshTransfer raises millions of dollars to automate cross-border payments

TechCrunch

China’s export-oriented e-commerce has been flourishing over the last few years as the world demands its electronics, fast fashion, sporting gear and other everyday goods. While the country’s digital exporters revel in the boom, they also face challenges. The company declined to disclose the exact funding amount.