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

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. Be a guest on the podcast or contact us - https://www.web3pod.xyz/