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Sports community platform Stadium Live raises $10M to expand its digital world for Gen Z

TechCrunch

announced its $10 million Series A funding round to continue its mission of bringing fantasy sports to a younger generation. The Canadian startup was founded in 2020 by Kevin Kim and Paul Xu with the goal of gamifying the sports fandom and building a “digital playground” of sorts for Gen Z sports fans.

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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.

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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 Thus, HotStreak , a web3 platform for daily fantasy sports (DFS) contests, is betting that a decentralizing payments is an ideal solution for DFS platforms. billion in revenue by 2030, up from $76.75 billion last year.

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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. Here, we explore two stellar examples in the Australian Grand Prix and Australian Open.

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WeAre8 launches crowdfunder for its social media app, where users are paid to watch ads

TechCrunch

With Elon Musk’s recent interest in Twitter, Facebook’s growth flattening and TikTok’s meteoric rise, it feels like the world of social media is back into some kind of inflection point period. Thus WeAre8 was born as a new social media app to capitalise on this model. s Channel 4 TV channel. Sue Fennessy, WeAre8.

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The golf industry takes a big swing on women players

The Hustle

But the sport seems to be entering the modern era, with a surge of women showing interest. More than 800k American women started playing golf between 2020 and 2022, according to the National Golf Foundation, representing a 15% increase. Golf has historically been a boys’ club — literally. Plus, remote work freed up time for hobbies.

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Whatnot’s valuation doubles to $3.7B as livestream shopping gains popularity in US

TechCrunch

Whatnot intends to use the capital infusion to continue developing its in-app live and social commerce marketplace and roll out additional categories for collectors, including diecast cars, stamps and action figures. That has evolved into other collectibles, including sneakers, trading cards, sports memorabilia and rare toys.

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