article thumbnail

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
article thumbnail

Fantasy sports app Champions Round raises $7M to build new content creator feature

TechCrunch

Champions Round , a fantasy league startup that caters to Gen Z sports fans, announced today that it raised $7 million in new Series A funding. Users, particularly Gen Z users, are moving away from traditional fantasy sports, where leagues are tied to entire seasons. participate in DFS, up 12% from 2019.

Sport 203
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How 2 Australian sporting brands leverage human-centric digital innovation to drive new fan experiences in and out of the arena

CIO

Creating new revenue streams, identifying untapped audiences and better engaging fans onsite and all year-round are just some of the wins iconic Australian sporting events are chalking up thanks to human-centric digital innovation. million unique visitors to the site in 2022, a 200 per cent increase on 2019. It exceeded 2.6

Sport 235
article thumbnail

Irish eSports giant’s new startup bets big on rugby in bid for US market share

TechCrunch

A fantasy sports exchange founded by Irish betting veteran Paddy Power is bringing NFT-enabled live trading to rugby fans in a bid to expand globally. ASX Sports launched in May 2021 and took its exchange live on the Apple and Android app stores earlier this month. million active rugby fans, per sports analytics firm Gemba.

Sport 219
article thumbnail

2022 crypto predictions from Prime Trust CFO Rodrigo Vicuna

TechCrunch

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 Media coverage, financial institutions, and companies with hefty marketing budgets jumped in and made it seem as if mass adoption was already here.

article thumbnail

Smart contact lens startup Mojo Vision partners with Adidas and other sports brands

TechCrunch

The big news at this year’s show is a number of partnerships with brands across the sports spectrum, including: Adidas Running, Trailforks (cycling/hiking), Wearable X (yoga), Slopes (skiing) and 18Birdies (golf). The company also announced today a $45 million Series B-1, following last April’s $51 million raise.

Sport 217
article thumbnail

Nigeria’s IROKO plans to go public on the London Stock Exchange AIM in 2022

TechCrunch

IROKO , a Nigerian-based media company, could file to go public in the next 12 months on the London Stock Exchange (LSE) Alternative Investment Market. But amid pandemic-induced lockdown fears, consumer discretionary spending reduced in Nigeria and other African markets. Africa can list more gazelles at home than unicorn IPOs abroad.

Film 346