BetHog, a new crypto-based casino and sportsbook, founded by the creators of FanDuel, has commenced operations with $6 million in seed funding. Led by 6MV, the investment firm, along with contributors like Will Ventures and Bullpen Capital, the platform aims to revolutionize online gambling.
BetHog distinguishes itself by integrating casino games with unique skill-based options and a social ‘play-along’ aspect. The platform features exclusive BetHog Originals and popular titles from renowned studios such as Pragmatic and Evolution, offering players a diverse and engaging gaming experience.
Utilizing the Solana blockchain, BetHog utilizes SOL as the primary currency for player-versus-player games while also accepting BTC, ETH, and USDT. The blockchain technology ensures transparent and fair gameplay, addressing concerns about manipulation in online gambling.
The seed funding will fuel BetHog’s expansion plans, enhancing its game selection and user interface, and establishing strategic partnerships. Although globally accessible, the platform is not operational in certain regions like the U.S. and U.K.
