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BetDEX

Building the decentralized sports betting protocol.

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Overview

Project industryGambling & Betting / Solana Ecosystem / Protocol
Product typeProtocol
FoundedUnited Kingdom

What is BetDEX

Historically the sports betting industry has charged high prices for weak products with minimal innovation. Sportsbooks make every effort to hold on to player funds exposing users to significant counterparty risk.

By building on the Solana blockchain, BetDEX can deliver high speeds and low transaction costs while eliminating counterparty risk. In addition, BetDEX is a permissionless protocol allowing anyone to build their own applications on top.

BetDEX aims to take the opposite approach, with a protocol built on public blockchain Solana, and will offer consumers extremely fast and low-cost trades, while eliminating counterparty risk. The protocol will be fully decentralized and open-sourced, allowing third parties to build their own applications and innovate on top of the platform. BetDEX plans to accept wagers in USDT, SOL and SAMO at launch.

Details

Raised: 21,000,000 USD

Legal

Blockchain Platform: Solana
Registration country: United Kingdom
Registration year: 2021

Project team

Varun Sudhakar
Varun Sudhakar
CEO & Co-founder
Varun Sudhakar linkedin
Nigel Eccles
Nigel Eccles
Chairman & Co-founder
Nigel Eccles linkedin
Stuart Tonner
Stuart Tonner
CTO & Co-founder
Stuart Tonner linkedin
Pawel Witek
Pawel Witek
Principal Software Engineer
Pawel Witek linkedin
Andy Murray
Andy Murray
Head of Talent
Andy Murray linkedin
Ewan Meldrum
Ewan Meldrum
Software Engineer
Ewan Meldrum linkedin
Drew Spencer
Drew Spencer
QA Engineer
Drew Spencer linkedin

Social media

BetDEX web-siteBetDEX LinkedInBetDEX X (Twitter)

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