PANews reported on January 16th that Slips, a social peer-to-peer esports platform, announced the completion of a $3.5 million seed funding round. The round was led by Las Olas Capital and Sunset Bay Capital, with participation from Andrew Schwartzberg, co-owner of Charlotte Hornets and Leeds United. Slips features a non-bookmaker user-to-user betting mechanism and has achieved 500% annual growth. The new funds will be used for technology upgrades, team expansion, user growth, and also for developing crypto payments, stablecoin withdrawals, and international market expansion.
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