Funding
Funding not disclosed
Founders
Product
Problem
Traditional sports betting platforms often lack social engagement, leading to fragmented user experiences and limited community interaction. This environment fails to foster collaborative betting strategies or provide engaging competitive gameplay beyond individual wagers.
Solution
Panna offers a social betting platform designed for peer-to-peer engagement, allowing users to participate in sports betting with friends and a global community. The platform facilitates interactive gameplay through features like group pools, leaderboards, and community challenges. Users can create custom betting games, track real-time game updates, and compete for rewards, enhancing the social aspect of sports wagering.
Target Audience
The primary users are sports enthusiasts and casual bettors seeking a more interactive and social betting experience, as well as groups of friends looking for competitive entertainment.
Features
- Peer-to-peer betting engine enabling direct competition between users.
- Group pool creation for private betting among friends with customizable game modes, stakes, and payout structures.
- Leaderboard functionality to track user performance and rankings in real-time.
- Community challenges and daily competitions designed to foster engagement and reward participation.
- Support for multiple game modes, including "Last Man Standing" (single-team selection per gameweek with no repeats) and "For Scorer" (predicting goal scorers).
- Real-time bet tracking and instant notifications for game updates and results.
- Secure identity verification and wallet top-up mechanisms for seamless fund management.
- Mobile application availability on iOS and Android platforms.