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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

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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

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. Web3 gaming company Unagi today announced a €4.7

Sport 212
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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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Tom Brady’s buzzy celebrity NFT startup Autograph banks $170M from Silicon Valley’s top crypto investors

TechCrunch

Autograph has a handful of early partners largely in the sports world, but the names represent some of the most famous athletes in their respective sports, including Brady, Tiger Woods, Simone Biles, Derek Jeter, Naomi Osaka, Usain Bolt, Wayne Gretzky and Tony Hawk.

Banking 240
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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. Tangentially, fantasy sports NFT games could be considered as crypto games. Voodoo already has 10 internal studios working on blockchain-powered games. Sorare raises $680 million for its fantasy sports NFT game.

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. It’s like the one thing that cryptocurrency can do really well and it’s been embraced far beyond the world of sports collectibles.

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