
Canada · Computer networking startup
SX Network is a blockchain-based platform founded in 2018 and headquartered in Toronto, Ontario, Canada.
Funding reportedLast round: Seed
SX Network is a blockchain-based platform founded in 2018 and headquartered in Toronto, Ontario, Canada.
It focuses on providing a scalable environment for decentralized application (dapp) developers. As Polygon's first layer-2 blockchain, SX Network enhances the capabilities of betting, DeFi, and NFT applications. The platform features a unique prediction market-based governance system for managing its treasury and network parameters. The company operates three core platforms: SX.bet, the largest blockchain-based prediction market platform; SX Protocol, which powers SX.bet; and SX Blockchain, the underlying layer-2 infrastructure. SX.bet has processed over $160 million in trading volume and offers peer-to-peer betting with user-set odds. Users benefit from low transaction fees and retain control of their assets through trustless smart contracts. SX Network also incentivizes users by distributing 75,000 SX tokens weekly based on their winnings, supporting a variety of betting markets including esports and politics.
Funding, as reported
What they build
Known for
computer networking productssmart contractsinformation technology & servicesb2csaaspolygoncomputer softwareb2bcryptocurrencyethereumprediction marketdaocryptoblockchain
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