Company Summary :
ASX offers Sports Fans a new way to actively engage with friends in live sports. Think of it as a virtual Stock Market for Sport, where users pick athletes playing with friends on the live price movements based on Player performance.
- Founded by Paddy Power, industry expert with an unrivalled track record and connections built up over 25 years. • Our beta app has reached over 20,000 app installs with over 30,000 contest entries across 10 of the biggest sporting leagues and competitions in the world including the NFL, NBA, EPL, MLB and the Six Nations. In addition, our app has been ranked in the top 100 sports apps in 11 different countries
- Earlier in August we launched real money cash games for our U.S. players which allows residents of 23 U.S. states to stake U.S. dollars to enter paid games for cash prizes.
- Last week we also announced our most momentous and game-changing innovation to date, as the first fantasy sports platform in the world to have "Peer to Peer'' contests running LIVE in-game. This new peer-to-peer technology allows players to create their own contest and clubs and play against friends and fellow ASX'ers for real money or Sportzcoins (our virtual tokens).
- We have also announced Aventus as our Blockchain partner. This will allow ASX to create the world’s first private permissioned sports blockchain, allowing the company to transition & explore opportunities in the Web3.0 space.