BRKT provides a platform for tracking and analyzing data across various sports categories including finance, politics, and traditional sports. The service integrates data visualization tools, powered by TradingView, to offer users insights into live market volumes and trends. This allows users to monitor and compare activity across diverse sectors in one centralized location.
Funding
$1.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional prediction markets often lack sufficient incentives for user participation, leading to low engagement and liquidity. Existing platforms may not adequately reward users for their contributions, resulting in a less active and vibrant betting environment.
Solution
BRKT provides a prediction market platform designed to enhance user engagement through a rewarding betting experience. Users can place bets on various outcomes and earn Crowns for their participation, incentivizing active involvement in the market. The platform aims to foster a transparent betting environment where users are rewarded for their contributions, thereby increasing overall market activity and liquidity. By offering Crowns as rewards, BRKT encourages users to actively participate and contribute to the prediction market ecosystem.
Target Audience
The primary target audience includes individuals interested in prediction markets, sports betting, and online competitions, particularly those who are motivated by rewards and community engagement.
Features
- Crown rewards for placing bets, with 1 Crown awarded for every $10 wagered.
- Whitelist raffle entry for the Cat Society.
- Referral program that awards 5 Crowns for each invited friend who bets a minimum of $10.
- Bracket-based competitions with winnings determined by the pool size.