A Metaverse centering around play-to-earn eSport horse racing, Oly Sport and sports betting and blockchain platform, Betswap.gg (BSGG) have partnered together to launch the first-ever horse-racing NFT game on the BSGG platform.
In this new partnership, Betswap uses Oly Sport’s API data to make bets on the BSGG platform without having to own a horse in the Oly Sport metaverse.
Who are Oly Sport and Betswap?
Oly Sport is the play-to-earn first horse racing metaverse gaming using non-fungible tokens (NFTs). In the Oly Sport game, payers are rewarded virtual land and real land in-game.
The project has been named one of the “Top 3 Metaverse Horse Racing Projects” by CryptoTVPlus in April 2022 and gained significant brand recognition as a sponsor at the first Crypto Polo Cup event in Miami.
Oly Sport raised $2.3 million through tokens in November 2021 and launched the Mainnet (Binance Smart Chain) at the end of March 2022. They have hosted over 4,000 races to date with a race every twenty minutes.
Oly Sport recently shared the news that a tournament will be hosted for a whole month in July, keeping their fans excited.
Betswap ‘s decentralized platform allows users to participate securely and anonymously, as it offers transparency and locked contracts, in addition to reduced fees.
The platform is an ERC-20 token and acts as the centrepiece of the sports betting platform. As a multi-chain token, BSGG resides on the Ethereum, Fantom, and Avalanche blockchains.
Despite the struggles faced by the crypto market, Oly Sport and Betswap are noted for being two of a few projects which have been able to meet their development roadmap and considerable public attention.
“To continue evolving and meeting the needs of our eSport community, we are thrilled to announce our very first partnership with a betting platform,” says Jimmy Chan, CEO of Oly Sport. “This partnership underscores our commitment to bringing the traditional horse racing industry to the metaverse.”
The official launch date for Oly Sport on BetSwap is expected to be sometime in the first week of August.
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