Curated News
By: NewsRamp Editorial Staff
August 01, 2024
DuelNow Secures $10M Investment to Empower Sports Bettors
TLDR
- DuelNow secures $11m investment, empowering bettors with complete control and disrupting the betting industry.
- DuelNow utilizes Ethereum Layer-2 blockchain, Arbitrum, for peer-to-peer betting with transparency and lower fees.
- DuelNow empowers bettors, redefining crypto gambling and betting for a fairer, more user-centric experience.
- Notable industry figures express bullish sentiment on DuelNow, disrupting the future of crypto sports betting.
Impact - Why it Matters
This news matters as it signifies a major shift in the betting industry towards decentralized and transparent sports betting. It impacts bettors by providing them with more control, lower fees, higher payouts, and a fairer betting experience. Additionally, it represents a disruptive force in the crypto gambling landscape, challenging traditional betting shops and websites to do better.
Summary
DuelNow secures a $10M investment from GEM Digital Limited and notable industry angel investors, including Charlie Lee, Richard Ma, and Billy Markus. This significant investment will empower sports bettors to take control over their experiences, utilizing the Ethereum Layer-2 blockchain, Arbitrum, for transparency and lightning-fast speeds. The platform aims to disrupt the betting industry, redefine standards in crypto gambling, and level the playing field for bettors by removing the house advantage.
Source Statement
This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, DuelNow Secures $10M Investment to Empower Sports Bettors
