Sportnext PL

Sportnext PL is an Australian startup founded in 2016 that offers a skill-based alternative to sports betting by introducing capital markets to sports. The company is currently in its public beta phase until 27th January 2018 and has received a $670.00K seed round investment on 15 October 2017. Sportnext aims to build a global ecosystem that allows sport fans to monetize their skills and knowledge in sports, creating a platform that resembles a stock market. As a Major Partner of Baseball Australia and the Australian Baseball League, Sportnext is set to leverage its position to roll out all major global team sports on the platform post-beta phase.

One of the key differentiators for Sportnext is its 24/7 live and interactive platform with in-game trading and no lockouts, where sport fans from around the world can compete against each other in a skill-based environment. This approach contrasts with traditional offerings in the market such as head-to-head betting or sports tipping. Sportnext allows fans to take on the role of a sport trader, using their skills to buy and sell virtual shares in teams within a seasonal, monthly, or weekly timeframe.

Moreover, Sportnext's efforts are not only geared toward engaging fans but also towards increasing engagement levels between teams and fans, ultimately enabling sport teams to generate revenue for their grassroot programs and communities. By allowing traders to engage with teams on a new level and to monitor off-field events such as player signings and injuries, Sportnext offers a unique opportunity for active involvement and potential dividends from virtual shares held.

In summary, Sportnext presents a novel approach to the fantasy sports experience by offering a multi-dimensional global platform that brings together sports and capital markets. The company’s ongoing developments and partnerships indicate a strong potential for growth and appeal to a global audience of sports enthusiasts.