Scott Robinson, the founder of Apex146, reportedly discovered new opportunities to turn his passion into a sports analytics platform via the assistance of blockchain.
Specifically, Scott Robinson – utilizing the expertise he picked up trading strategies, technology, data science and a liking for motorcycle racing – reportedly introduced a new blockchain-powered sports analytics platform.
Robinson reportedly also applied the knowledge he acquired during the time working in capital markets and commodity trading at firms McKinsey & Company and Oliver Wyman, to come up with sports performance analytics, applicable for motorcycle racing.
Per Robinson, they put together “proprietary statistical methods to accomplish similar outcomes as was done using the ‘Moneyball’ theory in baseball.”
After a while, the scope of the team was reportedly widened and reeled in capital injections via a Series A funding round two years ago, as well as enhancing its athlete performance indexing capabilities.
Fast forward into the present, Robinson reportedly witnessed blockchain features applied to sports betting and saw the chance to penetrate the market via this emerging tech.
“There were two blockchain-based sports betting platforms that we thought had a real chance of penetrating the market and more would follow over the next several years,”
Due to this reason, the team reportedly introduced a blockchain oracle via Chainlink, which allows decentralized applications (DApps) tap into sports analytics insights from Apex146.
Via this, developers will reportedly have the chance to establish sports prediction markets, via utilizing analytics data connected on-chain and incorporating statistics that would lead to dynamic interactions within DApps.
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