Sports Betting Built On Solana | Nigel Eccles & Varun Sudhakar

This week, Nigel Eccles & Varun Sudhakar Co-Founders of BetDEX join the show to discuss how they are bringing online sports betting to crypto. We deep dive into the problem BetDEX solves, finding product market fit, scaling a sports betting competitor, why BetDEX chose to build on Solana & more!

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Monad is a fully EVM compatible Layer 1 blockchain that can support 10,000 real transactions per second. Monad aims to open up the design space for the EVM to support high fidelity DeFi, consumer facing applications, and more generally allow crypto to scale to the masses.

If you are interested in participating in Monad's journey, follow: https://twitter.com/monad_xyz and join: https://discord.gg/monad.

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(00:00) Introduction

(02:36) What BetDEX Solves

(06:20) How Is BetDEX Built?

(09:14) Monad Ad

(10:09) Liquidity & Market Makers

(18:06) Prediction Markets

(22:28) Betting Market Arbitrage

(26:49) Markets On BetDEX

(29:34) Scaling A Sports Betting Competitor

(36:53) Built On Solana

(46:44) Social Betting Apps

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Disclaimers:

Lightspeed was kickstarted by a grant from the Solana Foundation.

Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Dan and our guests may hold positions in the companies, funds, or projects discussed.