ChainCatcher message, the encrypted gambling platform BetHog has just completed a $6 million seed round of financing, led by 6MV, with other investors including Will Ventures, Bullpen Capital, and others. BetHog was founded by Nigel Eccles and Rob Jones, who were the founders of FanDuel, which holds a 42% market share in the US sports betting market.
The BetHog platform is built on the Solana blockchain, with SOL as the supporting token for its PvP games. Additionally, the platform will also support Bitcoin, ETH, and USDT. After the financing, BetHog plans to increase its product development efforts and expand its business through strategic partnerships. The company currently has a team of 10 people. 🎲💰
This financing marks another important advancement in the field of encrypted gambling, which is worth ongoing attention.