{"signature": "0x82e51e66709bc15037fc5b3775e9edc5b226a3825362777ffdb0a1c0ae7fa3207b8213dfc3e89c5b56afa44696396c7dfbfb79090dc24bfcee938ad5c93fe2921c", "application": {"round": "0xf50fa2dc5cbe583670323bc5acdeb02c447cd8b3", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "Agk+vPisSJQFNZcjbDUinRCqs6/PrrMWaiaW4F54GPw=", "encryptedSymmetricKey": "ee43521dcb4d18c510bddc2fbb011bd075df7cc19cadfe477d49037ce909984263e5f59e38bc77d26438f34d56fc1607d689a7d9703d89a2f3db9187ef3f6e897869e046ae6a5e49dc1a68b5899a04bc10e020f8caa60db556cf52c59b61fda4a17a0fd5b98868d3140cbde4ff9e1da128ca0a9a07008bcc34662d48076f4b2b0000000000000020394594e6bd8fea772a7b59c33b2ad590bf4d8605d92db316cdaa3b905485408daf8011a7af484418e724e2f720bbf1a2"}}, {"type": "short-answer", "answer": "Total prior funding in USD: 2.5M Grants: 0 VC: 2.25M Angels: .25M Token Launch: N/A", "hidden": true, "question": "Please Provide Prior Funding Sources Including Total Prior Funding for the project in USD", "questionId": 1}, {"type": "link", "hidden": true, "question": "Telegram Handle of Primary Contact", "questionId": 2, "encryptedAnswer": {"ciphertext": "Oc1f8Q0zkqz7CW+GRlMwZLf9nRu2DxNNyQElbOwvdmFJO9nZjWa/ugvN6b5cQPBJ", "encryptedSymmetricKey": "c3cb16f88091463b57fd1a78f222b40242966ad017477f86dfb27b5936dea0145c6c49819bde324b7b9d8edce891d10147f2661404617046675ffbc7525f84a7e11eb4cfee62884923c0a6315570e666fde73f4049045840c16109a3fe7c2189399a1f784862f1908dffa88767b1aa88f6a152a167252ae65cb46abcdad2753400000000000000205f0ec229814acb6e5f05a8116f0a4b3c2a0b03308187945c897b720173d5f27dca6da3f1aa9c979328cd167522490690"}}, {"type": "short-answer", "hidden": true, "question": "Profiles or socials of other main team members publicly associated with the project", "questionId": 3, "encryptedAnswer": {"ciphertext": "mHJMAx/QZ6MH6dxEdkSKNXES0vMic3hcmvLuPTgv7A0v31NVzumk9VUGMl8aj1by/7IlpsVmbh3jJTM286DK4+eo4K42CBBXWws6rkCusiNgfbCj6cd3cL+vFIqQYBCCcDZaEZsDSY2wzEfcCCtJpA==", "encryptedSymmetricKey": "b5668c8e4c343126462ba4abe5992e898a57bc9404bdf651f6b02298a42a6991914e8f69057123e01d4a8dfc4cf2650b00ada73c9c4d3221cc597afff9672d61b06dfef6f06695a93dc501e5a59922edcf2507dea875a92c43d75d91f3fda6b2f2b0f19463095f9726fac4de816992f051964a647105ccbd08bf04322f572d6100000000000000200783bc67fcfd12327fbe8dd1c54ba69496253d4b60206ffd4a544f622c3982e337867a9241ed1f25697ff2d073b145a8"}}, {"type": "link", "answer": "https://forum.avax.network/t/avalanche-community-grants-quadratic-funding-round-1-levr-bet/2109", "hidden": true, "question": "Please provide a link to the forum.avax.network post detailing the application", "questionId": 4}, {"type": "paragraph", "answer": "LEVR is building a one of a kind product that is a first mover, never been launched as a web2 or web3 product before. We plan on using this first movers moat to our advantage and growing aggressively so that LEVR becomes the name with people think of leveraged sports betting for a very long time. With the brand recognition of LEVR as a first mover, we plan on highlighting how we could not accomplish what we set out to do without the tech stack and hard working individuals that stand behind Avalanche. Avalanche will be known as the home of revolutionary, one-of-a-kind products like ours. Another way we benefit the ecosystem is by building, in essence, a consumer good that people have been using for as long as they have been available - online sportsbooks. According to Statista, “Online Sports Betting market is projected to reach US$45.94bn in 2024. Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 7.41%, resulting in a projected market volume of US$65.68bn by 2029,” and we will be bringing some of that market share into the Avalanche Ecosystem. We also plan on building out our protocol to a subnet, which will help prove the subnet is a perfect tech stack for consumer products that need quick, cheap transactions at scale.\n\nWe have partnered with 9 different NFT projects leading up to launch to help drive more hype within the ecosystem even before we launch and directly contribute.\n\nWe have been around for 1 ½ years, provable from our first tweet on our twitter. We have also heavily ramped up marketing in the last 5 months in preparation for launch\n", "hidden": true, "question": "Please explain how your project meets the round eligibility criteria", "questionId": 5}, {"type": "paragraph", "answer": "LEVR plans on bringing value to the Avalanche Ecosystem through lots of different channels. One being our first mover of a product directly drawing crypto natives who enjoy sports betting and sports betters who enjoy crypto onto the network to play with our app, since they literally cannot play with an application like ours anywhere else. Beyond our product, we have already rooted our name into different parts of the Avalanche community, so our success brings them success. Some of our current partners are Dokyo, Dokkaebi, STEADY, Chikn, Pepe Portraits, Doggerinos, Akudo, Kimbo, and Sausagers, all NFT projects within the AVAX ecosystem. We also have conversations with other large teams such as Trader Joe and Benqi so that we can collaborate in marketing and other synergies once we are a little farther along and have more possibilities for integrations. Another way we can and will benefit the Avalanche Ecosystem is by building out to a subnet in our future. We would be one of the first if not the first casino to build onto a Avalanche subnet and prove out the technology for casino gaming heading into more and more adoption by the public, who want goods like sports books which they have been using for decades before web3.", "hidden": true, "question": "How does your project benefit the Avalanche Ecosystem?  Please mention any existing or upcoming partnerships.", "questionId": 6}, {"type": "link", "answer": "https://discord.gg/QMNXr28n", "hidden": true, "question": "Please provide a link to your Public Group Chat (Discord or Telegram)", "questionId": 7}, {"type": "short-answer", "answer": "Our team comes from a rich background in web3. Our founders have been personally invested in web3 since 2015 and come originally from the oil & gas industry with rich connections in the sports betting world.  One of these connections, Q, is a quant focused in sports betting who actually helped the team develop the math found in our whitepaper. Lastly, our CMO and Head of Growth have been working within the industry professionally for years and have prominent names on their experience list. The love of sports betting, trading perps, and crypto is ultimately what brought this team together over a year ago and it has led to countless hours of work accumulating to where we are now. ", "hidden": true, "question": "Is there anything else you'd like to share about your project, previous work, or other affiliations?", "questionId": 8}], "project": {"id": "0xc1421513df2cc0001ef7e4e4207ce44b4704bc2f33f5643700db948c88c31ab0", "title": "LEVR Bet", "logoImg": "bafkreicvjaxnzeos5dz5x6a2svrif3nkh4kw6movlbuvrjbckmkq3d64gm", "metaPtr": {"pointer": "bafkreieaxkjzo47cg2pvesqwtvwpbs2a3wvk7karpsdmohsglmpdhjxkqi", "protocol": "undefined"}, "website": "https://levr.bet", "bannerImg": "bafkreigpl7seorz2p47yppt3e67sbhl7qadwmc2r2w4wzdtoqcajx7eu4i", "createdAt": 1711565930119, "userGithub": "ph0n3levr", "credentials": {}, "description": "LEVR is set to revolutionize the sports betting landscape by introducing an unprecedented feature set of leveraged bets, improved odds, and in-game PVP orderbook-based exchange.\n\nLEVR will be introducing the world's first Leveraged Sports Book Exchange (SBEX), merging the exhilaration of sports betting with the sophisticated strategy of a decentralized options exchange. LEVR transforms this landscape by enabling up to 5x leverage on bets, unlocking new possibilities for betters. \n\nLEVR is designed to appeal to both crypto traders and sports betting fans, LEVR integrates the top features of sports betting and on-chain perpetual trading, delivering an unmatched DeFi experience that is a first in both sectors. So, we aim to bring more crypto natives and sports betters globally onto the Avalanche blockchain to take part in a real product that is fun and first of a kind in the gaming/ sports betting space.\n", "lastUpdated": 0, "projectGithub": "JayusJay/levr", "projectTwitter": "LEVR_bet"}, "recipient": "0x24D3EB0Cd18275Ec98754D016770064dd15ae816"}}