'We're on track to be the world's biggest dApp:' CDx spinoff launches, betting on crypto-sports gambling

Partner offers
The Block may may earn a commission if you use our partner offers, at no extra cost to you.

Quick Take

  • The founders of CDx have pivoted away from their original business plan and morphed into a decentralised sports betting platform SportX, where bets are made in DAI
  • The company says it is targeting fraternity houses in Canada to help aggressively market the site to the crypto generation
  • Launched last week, SportX is hoping to be the world’s largest dApp in 2 months.
It was just four months ago that the founders of CDx decided to abandon their much-anticipated project. But, it appears a phoenix may have risen from the ashes. The $4 million in funds and tech once geared at tokenizing and trading credit derivatives have been recast into a new decentralised sports betting platform, dubbed SportX. […]
accessprotocol.co

Subscribe for Premium Content

To unlock this and other Premium content, subscribe via Access Protocol. You can pay with SOL.

WHO WE ARE

The Block is a news provider that strives to be the first and final word on digital assets news, research, and data.

+ Follow us on Google News
Connect with the block on