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DuelNow

DuelNow | Decentralized P2P Sports Betting Platform | $15M Volume

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The platform operates with a dual business model: B2C on-chain predictions (0.9% fee) and B2B off-chain bet matching for bookies and whale bettors (0.9% connection fee).

Blockchain
Gaming

Asking Price

$10,000,000

TTM Revenue

info.png
$10,000

TTM Profit

Last Months Revenue

Last Months Profit

Token Holders

Country

United States of America

Web and Social Traffic

TikTok: 28,400 followers | Instagram: 33,900 followers | YouTube: 256 subscribers | X: 21,400 followers

Business Created

04/01/2024

Limited Liability Company

Competitors

Kalshi, Polymarket, Novig

Company Size

6 people

Tech Stack

Typescript

Listing Summary

DuelNow is a decentralized peer-to-peer sports betting marketplace that eliminates the traditional house/bookmaker model. The platform operates with a dual business model: B2C on-chain predictions (0.9% fee) and B2B off-chain bet matching for bookies and whale bettors (0.9% connection fee). Founded by Simon Yu and Calvin Hsieh, who previously built StormX (6M+ users across 187 countries, STMX token listed on Binance/Upbit/Bithumb/Kraken, recently acquired). The platform currently supports baseball and basketball with additional sports planned, allowing users to set custom odds and create private or public bets using multiple cryptocurrencies.

Growth

B2C Expansion: Marketing budget allocation and strategic partnerships can scale the peer-to-peer model, differentiating from platforms that use internal market makers betting against users.

B2B Market Capture: Smart contract settlement addresses payment risk in private betting networks following NBA betting scandals. Access to established private betting networks provides immediate distribution channel.

Sports Vertical Expansion: Roadmap includes NFL, MMA, soccer, tennis, and additional sports to capture broader market segments.

Geographic Market Entry: Curacao incorporation with legal memos concluding business model falls outside existing gaming regulations provides regulatory framework for expansion.

Token Utility Enhancement: Membership tier system (Rookie through Legendary) creates fee reduction incentives (5-25% lower fees) and referral commission scaling (10-30% earnings).

Key Assets
  • Proprietary codebase for decentralized P2P betting marketplace
  • DuelNow trademark registered in USA (June 2025)
  • $DUEL token contract (1 billion max supply, Q2 2024 presale)
  • Established investor network including Charlie Lee (Litecoin creator), Billy Markus (Dogecoin co-creator), professional poker players, and 40+ additional investors
  • Integration with multiple blockchain networks (L1 + L2)
  • Multi-cryptocurrency support infrastructure
  • Smart contract architecture for instant bet settlement
  • Access to private betting network connections
  • Team with prior experience at PayPal, Bank of America, TikTok, Apple, AT&T
Ideal Buyer

Strategic acquirers in the crypto gaming or DeFi space seeking entry into sports prediction markets. Established sports betting platforms looking to add decentralized P2P functionality. Web3 gaming companies or DAOs with existing user bases that can leverage the infrastructure. Crypto-focused investment groups or blockchain protocols seeking to expand their ecosystem with a betting application. Operators with marketing capabilities to scale user acquisition and B2B network development.

Selling Reason

Three founding team members have operated without salary for 1.5+ years and are seeking an exit to monetize their development efforts.

Ready to Move Forward?

Submit an offer or reach out to discuss this opportunity directly with our team.

Project Manager
Nate Web3
CBDO of Acquire.Fi
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