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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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Sports venues advance goals, enhance fan experience with data analytics

CIO

Sports fans today have more ways than ever to watch their favorite teams beyond the traditional, live stadium experience, including television, streaming services, even highlights on social media. In response, sports teams and venue operators are working hard to improve and differentiate the in-stadium experience.

Sport 246
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Industrial automation startup Bright Machines hauls in $435M by going public via SPAC

TechCrunch

After the transaction is consummated, the startup will sport an anticipated equity valuation of $1.6 And the transaction itself, in conjunction with the previously announced Desktop Metal blank-check deal, implies that there is space in the market for hardware startup liquidity via SPACs. What’s Bright Machines?

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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. Multiple factors are likely contributing to the influx of women into the sport, per The Washington Post : Overall interest in golf surged during the pandemic as people looked for outdoor, socially distant activities.

Sport 88
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OpenSponsorship lands new capital to bring brands, athletes together

TechCrunch

Ishveen Anand grew up in England playing sports all of her life, including during her time at Oxford. She wanted to do something sporty for a career and “fell in love” with sponsorship marketing. She thought with the rise of influencers, there should be something like an “Airbnb meets LinkedIn” for the industry, Anand told TechCrunch.

Sport 214
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The venture bull market is great for founders, but not in the way they might expect

TechCrunch

There’s no question that we are in the middle of a long-running and accelerating venture bull market. It is more like playing an entirely different sport. Outliers — unusually large financings with high valuations relative to the company’s maturity — are as old as the industry itself. Beware of the outliers.

Marketing 239
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F1 Racing and the Insurance and Finance Industry: A Comparison of Trends and Challenges

N2Growth Blog

Today, I will highlight some similarities in the insurance and finance industry and contrast them to Formula 1. Formula 1 racing is an industry built on speed, innovation, and teamwork. This article will explore the trends and challenges– and compare these industries.