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

TechCrunch

Web3 gaming company Unagi today announced a €4.7 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. Moreover, in the future there is scope to expand beyond sports into the broader gaming sphere.

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Daily Crunch: Hackers pinched LastPass customers’ encrypted password vaults, parent company admits

TechCrunch

Startups and VC It’s a tough time to be a richly priced company that didn’t go public when the getting was good. Not only are there fewer later-stage players with the resources and appetite to support such companies (e.g., Not only are there fewer later-stage players with the resources and appetite to support such companies (e.g.,

Company 257
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Sorare teams up with the Premier League for its NFT fantasy football game

TechCrunch

This is an important move for the company as the English football league is one of the most-watched sports league in the world. Sorare is a fantasy sports gaming experience based on NFTs, or non-fungible tokens. Each card is registered as a unique token on the Ethereum blockchain.

Games 259
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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. The company estimates that it represents a $200 million investment over the coming years. Some companies, such as Mythical Games, raised massive funding rounds and are working on mainstream crypto games.

Games 226
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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. The new round values the company at a whopping $2.6 The new round values the company at a whopping $2.6

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