203: Betting on Transparency: Mr. Blue of Levr on Revolutionizing Sports Betting with Web3

Web3 with Sam Kamani

In this episode, Sam Kamani dives into the world of on-chain sports betting with Mr. Blue, founder of Levr.

Levr is reshaping sports betting by introducing Levrage betting, ensuring full transparency with on-chain liquidations and payouts. Backed by prominent investors like FunFair Ventures, Chorus One, and Hyperrhythm, Levr is pioneering a new way to bet with true odds, deep liquidity, and no vig.

Join us as Mr. Blue shares:

• How Levr works and its unique leverage-based model.

• The importance of on-chain transparency for trust and fairness.

• Challenges in scaling a Web3-first betting platform.

• The roadmap to expanding Levr into retail-ready products.

If you're curious about how Web3 is transforming industries like sports betting, this episode is for you!

Key Timestamps

[00:00:00] Introduction: Sam introduces Levr and Mr. Blue, highlighting their innovative approach to sports betting.

[00:02:00] What is Levr?: Mr. Blue explains Levr’s leverage-based betting system and how it’s different from traditional platforms.

[00:06:00] On-Chain Transparency:

• How Levr uses oracles and custom architecture to ensure trust.

• The role of Monad Protocol in ensuring performance and scalability.

[00:09:00] Levrage in Betting:

• How leverage works in sports betting.

• Balancing risk and reward with on-chain liquidations.

[00:14:00] Roadmap for Levr:

• Beta testing across different sports.

• Plans to expand beyond Web3 into retail markets.

[00:20:00] Funding and Growth:

• Levr’s seed round targets and its unique vault funding model.

• How early supporters and liquidity providers will benefit.

[00:25:00] Challenges Ahead:

• Ensuring reliable sports data for real-time betting.

• Overcoming hurdles to attract and retain retail users.

[00:30:00] The Power of Web3: Mr. Blue reflects on the Web3 ecosystem’s forgiving and experimental nature.

Connect

https://levr.bet/

https://twitter.com/levr_bet?lang=en

https://x.com/BigMrBlu3

Disclaimer

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