Hemify is a socio-friendly platform that creates a fair environment where users can wager against peers and other users directly without risk of interference from the bookies.

We are building a;

Player-vs-Player betting (duel bet): This product is built with the aim of creating a socio-friendly betting environment, allowing users to wager based on insight against each other in which a winner emerges after the terms set are met. This mechanism is facilitated with the help of our smart contracts. We will be having a wide range of events, sports, crypto, politics, stock, and live events. We plan to introduce simple and less demanding e-games like cards, word guesses, chess, and snooker for a better gamified experience.

Educational hub: We will be having an educational hub on our platform; this will include educational betting blogs, terms, articles, glossaries, and crypto/sporting newsletters. This will help instill more knowledge in our users, they won’t only play games but acquire knowledge of what a crypto and web3 ecosystem is and how they can fit in.

What we will offer;

A wider range of sports, events, crypto, politics, stock and live events. An easy way to deposit and withdraw for both web2 and web3 users. An Account abstraction wallet for a better transaction and fund processing experience. An escrow system for a swift and secure wagering experience. An educational section that will include a glossary and articles for easy onboarding.

INDUSTRY AWARENESS

Why we think what we're building is going to succeed;

Sport betting in the US is expected to contribute $22.4billion to the US GDP (americangaming.org) we realized that betting/gambling is one of the biggest integrals of today's economy and if web3 as a whole is to onboard through different means, betting is one valid option to look at. According to world gambling statistics (Casino.org), around 1.6 billion people worldwide gamble I.e 26% of the world population.

Gambling is an integral part of every economy. 4 billion people are said to gamble yearly. Case studies like (BC games and rollbit) average over 20 million monthly (according to similar web) traffic which is strictly crypto betting how much more is a web2 accommodating website? With our research and these statistics, we believe Hemify will be a success.

Who are our target audience?

Our target users are individuals who have an interest in competitive sports or online gaming. These users are likely to be tech-savvy, in the age range of 18+, and have a strong interest in both the excitement of the games and the potential financial gains from betting.

We aim to attract users who enjoy the strategic and competitive nature of player-vs-player matchups, seeking a platform that offers a safe, transparent, and engaging environment for their betting activities.

By tailoring our marketing efforts to this demographic, we can effectively identify and target potential users who align with the unique features of our platform.

We are also targeting people of no interest in betting with our educational hub. Part of our marketing activities will focus on this as well.

How Hemify tends to benefit Arbitrum.

Our platform will be deployed on Arbitrum, which automatically makes anyone who bets, record a transaction on the network. Our account abstraction wallet (deployed on Arbitrum) will also enable users to deposit, withdraw, and store their assets on the platform. The duration of user interaction with Arbitrum is continuous as long as they remain active on our platform. Users can initiate interactions such as placing bets, checking their account balance, and withdrawing funds at any time. The seamless experience provided by Arbitrums' scaling technology ensures that users can enjoy a smooth and responsive betting experience, encouraging sustained engagement over time.

How Hemify will be a source of growth for the Arbitrum ecosystem;

It will be a source of growth in terms of onboarding new users through the wager system designed in a way such that existing users can bring in their peers (online/in real life) to wager with them; if this chain continues, it'll increase the number of users on-chain on the network and ecosystem.

Hemify will contribute to the Arbitrum user base, increase transaction counts, and spread awareness of the ecosystem.