Cheddr is a digital platform that lets sports fans create and join real-time virtual contests that mirror live games using live sports data. The system updates scores, leaderboards, and rewards instantly, allowing participants to earn and trade digital tokens based on their performance, while social tools enable challenges and tournament play.
Funding
Funding not disclosed
Founders
Product
Problem
Sports fans often lack interactive ways to engage with live events beyond passive viewing, and existing fantasy or betting platforms provide limited real-time gameplay experiences or clear pathways to monetize personal performance.
Solution
Cheddr provides a digital platform where users can create, join, and compete in virtual sports contests that mirror real-world games using live sports data. The platform synchronizes real-time scores and statistics to drive realistic in-game actions and dynamic leaderboards. Participants earn digital rewards based on their performance, which can be redeemed or traded, allowing gamers to monetize their skill. Social features let users challenge friends or join public tournaments, fostering a competitive community around live sports events.
Target Audience
Cheddr targets sports enthusiasts and competitive gamers who want an interactive, real-time gaming experience linked to live events, as well as casual players seeking reward-based participation.
Features
- Real-time integration of live sports data to power in-game events and outcomes
- Customizable contest creation with options for private friend groups or public tournaments
- Automated leaderboards that update instantly as live matches progress
- Reward system that distributes digital tokens or prizes tied to individual performance
- Built-in social tools for inviting participants, sharing results, and tracking rivalries