Web3 with Sam Kamani

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


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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

              Nothing mentioned in this podcast is investment advice and please do your own research. Finally, it would mean a lot if you can leave a review of this podcast on Apple Podcasts or Spotify and share this podcast with a friend.
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              Web3 with Sam KamaniBy Sam Kamani