LEVR Bet
Introducing a Leveraged Sports Book Exchange with up to 5x leverage on bets, merging sports betting with decentralized options trading on the Avalanche blockchain.Application
Applied on: 2 Apr 2024 12:30 AM
Rejected
User Review
AI Review
A1
Reviewed on 7 Apr 2024 06:18 PM
Projects and grantees must contribute to the Avalanche Ecosystem in some demonstrable way. The grant must aim to support or directly advance the Avalanche ecosystem. This includes areas like: ** Public Goods Software ** Analytics ** Education ** On-Chain Infrastructure and Protocols ** Gaming ** NFT / Arts & Culture ** Consumer Applications
LEVR Bet is a leveraged sports betting platform that plans to attract both sports betting fans and crypto traders to the Avalanche network, which aligns with the Gaming and Consumer Applications aspects of the eligibility requirements. They also have plans for building a subnet which relates to on-chain infrastructure advancement.
History of contributing to the Avalanche Ecosystem: While this is not a hard requirement, previous contributions by applicants to the Avalanche ecosystem will be considered for admission into grant rounds.
LEVR Bet has formed partnerships with various NFT projects within the Avalanche ecosystem such as Dokyo, Dokkaebi, STEADY, etc., which demonstrate a history of involvement and contributing to the ecosystem.
The project needs to be at least three months old: this includes having a social presence for that period, public repositories, or verified contracts deployed.
As stated in the application, LEVR Bet has been around for 1 ½ years, and this is supported by their social media presence on Twitter and public repositories on GitHub.