Toronto, Ontario--(Newsfile Corp. - April 29, 2022) - The widespread crypto adoption, observed in the past couple of years, managed to get numerous projects off the ground. SportX launched in 2019 with an original belief that crypto adoption would accelerate, and crypto-based betting will, therefore, see massive upticks in demand.
The rapid growth of the crypto industry mandated that the two forming brands - the SportX betting platform and the SX Network, must be unified into one core brand, since the SX team has begun expanding its products beyond sports into new types of prediction markets - the SX brand.
SportX Rebrands To SX.Bet Amid Roadmap Update
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New framework
The way SportX evolved during the 30 months separating the new master plan from the old one, pushed the brand into consolidation. Furthermore, the crypto market growth brought more competitors and new challenges facing SX every day.
One of the key aspects of the new framework is expanding SX's prediction markets by 20 times. This means access to over 500 different prediction markets settled per day across almost every sport as well as a number of crypto-native verticals. However, other competitors already reached 10,000+ prediction markets.
Another key aspect in the SX network is the enrolment towards crypto-native prediction markets like NFTs, DeFi, and governance decisions....
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