📈 SX Snapshot
$SX Price: $0.62
SX Betting Volume (7d): $2.25m
SX Treasury Value: $44.38m
🤝 Future SX & DeFi Integrations
SX to be part of the Polygon Diversified Index (PDI)
Index Coop is the leader in crypto index products with $375M across their six products. Their products are baskets of tokens similar to an ETF which allow users to buy a diversified portfolio through buying a single token. Their upcoming index launch is the Polygon Diversified Index or PDI which is a index of 15 top Polygon tokens including SX! Initially SX will have a 5% in the index, which means if PDI attracts $50M in TVL that would equate to $2.5M in buying pressure for the SX token.
The PDI index recently passed the first of two approval votes with 99.64% approval, and looks on track to launch before year end.
💰October to be biggest month in SportX history
Betting volumes on SportX continue to trend in the right direction as we have now completed two weeks with betting volume above $2M for the first time.
🎉 Bet Credits
Bet credits will finally allow SportX to offer deposit bonuses and sign up incentives to new users. While bet credits are the most common marketing feature for custodial and non-crypto betting sites, SportX will be the first decentralized and non-custodial betting site to offer them. The design, building and implementation of this feature has taken months of hard work but we are excited to say that bet credits will go live in October… More details coming soon!
🏆 $10,000 Fall Classic
SportX hosts regular betting tournaments all year long which includes four Major Championships each year. The majors are for bragging rights, NFTs, $10k in prize money and automatic entry to all SportX tournaments over the next year. Each major has a different structure, prize pool and ways to win. Major tournaments are great drivers of betting volume and user engagement. If you would like get involved, sign up here: https://sportx.bet/tournaments/a3cceeb1d736
💨 NBA & NHL Return
As we are entering a sports packed part of the calendar, SportX will benefit from strong seasonality starting in mid-October until March of 2022. This combined with increased marketing efforts from bet credits will continue to drive new volume highs. SportX is well on track to surpass its $100M betting goal by the end of the year!
🚜 SX Yield Farming
SX can be used to generate a yield by staking or providing liquidity in the following yield farms. Check out the liquidity channel, staking page or Youtube education series for more info on how to take advantage of these great opportunities.
💻 About SX Network
SX Network will be the first public blockchain to combine a smart contract platform with an on-chain community treasury and a native prediction market protocol. SX Network is a stand-alone smart contract blockchain built on the Polygon SDK. It is designed from the ground up for blockchain application developers with EVM-compatibility, low-cost transactions, and a PoS-based consensus model.