Connect with us

Press Release

LEVR Bet Announces March Madness on Monad with Leaderboards and Rewards

Published

1 year ago

on

Expanding its offering to the NCAA, LEVR Bet Grows Its Leveraged Sports Betting Product Suite for Its 36,000 Active Bettors

LEVR Bet, the world’s first decentralized leveraged sports book exchange, today, unveils March Madness on Monad, an onchain betting competition designed to maximize user engagement and capitalize on the basketball collegiate fervor. LEVR Bet creates a competitive and fair experience for all participants by implementing a structured betting system and dynamic leaderboards.

LEVR Bet’s March Madness on Monad will allow users to place bets on every NCAA tournament game using PSP (Pre Season Points – no monetary value), ensuring fair participation by setting an equal PSP allocation per game. A leaderboard will track user betting performance with rewards available for top participants. The March Madness Basketball tournament begins March 18 with the First Four play-in games and runs each weekend until the Final Four and Championship game on April 5 and 7.

“We’re excited to expand our product offering to include the NCAA––March Madness is one of the wildest and most unpredictable sporting events every year,” says Mr. Blue, Founder of LEVR Bet. “By creating dynamic leaderboards onMonad, we’ll reward the best bettors across the chain at the end of the month-long competition.”

“LEVR Bet is showing great traction and is quickly emerging as a top app in the Monad ecosystem,” says Keone Hon, Co-Founder and GM at the Monad Foundation. “The March Madness basketball tournament is a great opportunity for users to participate in the excitement growing on testnet.”

March Madness on Monad Tournament Structure & Mechanics

Format: Betting on Every March Madness Game

    • Users can place bets on all NCAA March Madness tournament games.

    • Each participant will have a fixed amount of PSP per game (e.g., 500 PSP per game) to maintain fairness.

    • PSP allocation prevents advantages from prior PSP accumulation, ensuring equal competition.

    • Only bets placed on Monad testnet will contribute to the leaderboard. PNL-Based Scoring System

    • Leaderboard rankings will be determined by Profit & Loss (PNL) from tournament bets.

    • Users are not required to bet on every game but are encouraged to make strategic bets to maximize their standing.

Prize Distribution

    • At the conclusion of March Madness on Monad, prizes will be distributed to top-ranking users on the leaderboard.

    • Prize pools will be structured by ranking, ensuring continuous engagement throughout the tournament.

LEVR Bet has increasingly grown since debuting play credit bets for Super Bowl 2025. LEVR Bet has been a standout app on Monad testnet with over 36,000 active bettors. Monad has also seen over 8 million active wallets since launching its testnet on 19 February 2025.

Join the madness beginning March 18. For more information, go to

app.levr.bet/march-madness.

About LEVR Bet

LEVR is the world’s first Leveraged Sports Book Exchange, integrating the best features of sports betting with on-chain perpetual trading, aimed at delivering an unmatched Decentralized Finance experience that is a first in both sectors. LEVR is set to transform the sports betting landscape by introducing an unprecedented feature set of leveraged bets, improved odds, and in-game orderbook-based exchange.


Links: Website | Twitter | Telegram | Discord

DISCLAIMER: This press release contains expressions of opinion and forward-looking statements and is issued for informational purposes only, on an “as is” basis, without any express or implied warranty, fitness for purpose or merchantable quality. LEVR.bet is not available to Participants in the USA and any other jurisdiction where Laws prohibit participation in or require licensing or registration of LEVR.bet in order for participation to take place or which is otherwise embargoed and/or sanctioned by the United States of America, the European Union or the United Kingdom, and is not available in any jurisdiction or to any person or group of persons which are prohibited under the LEVR.bet Terms and Conditions and Policies. LEVR.bet shall not be liable for the consequences of user actions, loss of capital, or system errors. Gambling is inherently risky, and leverage poses risks compounded thereupon. You may lose some or all of the assets supplied to the platform, and shall use the platform responsibly and at your own risk.

Related Topics:

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

Continue Reading

Press Release

SNZ Participates as Co-organizer at Hong Kong Web3 Festival 2026

Published

2 hours ago

on

March 18, 2026

By

Hong Kong, 18th March 2026 — Hong Kong Web3 Festival is honored to welcome SNZ as a Co-organizer at its 2026 edition.

SNZ is a crypto-native, research-driven investment company with over 200 portfolios. Active since 2014, the SNZ team has not only focused on investment but also been dedicated to community building and incubation. Learn more: https://snzholding.com

The Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto conference since 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

Hong Kong Web3 Festival 2026 will take place from April 20 to 23 at Hong Kong Convention and Exhibition Centre. The previous three editions brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. It has solidified its status as a leading crypto event, influencing Hong Kong’s Web3 landscape.

Web3 Festival 2026 ultimately will have up to 400 speakers representing all aspects of Web3 and crypto on its stages. It has also attracted registrations from nearly 1000 executives and corporate decision-makers in traditional finance and real economies. This enables the conference to be a high-level platform for in-depth dialogues and high-value connections.

As Asia’s premier crypto event, Web3 Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities.

Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Be our partner: https://tally.so/r/w5YEbP

Continue Reading

Press Release

CoinP Announced as Primary Exhibition Sponsor for Hong Kong Web3 Festival 2026

Published

1 day ago

on

March 17, 2026

By

Hong Kong, 17th March 2026 — Hong Kong Web3 Festival 2026 is honored to welcome CoinP as a Primary Exhibition Sponsor.

As a world-leading digital asset platform, CoinP provides the infrastructure to connect traditional finance with the digital economy. It offers compliant tokenization, asset integration, liquidity solutions, and investor services via a secure, high-performance aggregation system designed to serve global investors. More: https://www.coinp.com/en

The Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto conference since 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

Hong Kong Web3 Festival 2026 will take place from April 20 to 23 at Hong Kong Convention and Exhibition Centre. The previous three editions brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. It has solidified its status as a leading crypto event, influencing Hong Kong’s Web3 landscape.

Web3 Festival 2026 ultimately will have up to 400 speakers representing all aspects of Web3 and crypto on its stages. It has also attracted registrations from nearly 1000 executives and corporate decision-makers in traditional finance and real economies. This enables the conference to be a high-level platform for in-depth dialogues and high-value connections.

As Asia’s premier crypto event, Web3 Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities.

Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Be our partner: https://tally.so/r/w5YEbP

Continue Reading

Press Release

Websea Announced as Primary Exhibition Sponsor at Hong Kong Web3 Festival 2026

Published

5 days ago

on

March 13, 2026

By

Hong Kong, 13th March 2026 — Hong Kong Web3 Festival 2026 is excited to announce Websea as a Primary Exhibition Sponsor.

Websea is the Web3 digital asset world for global youth, featuring futures insurance. More: https://websea.space/en

The Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto conference since 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

Hong Kong Web3 Festival 2026 will take place from April 20 to 23 at Hong Kong Convention and Exhibition Centre. The previous three editions brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. It has solidified its status as a leading crypto event, influencing Hong Kong’s Web3 landscape.

Web3 Festival 2026 ultimately will have up to 400 speakers representing all aspects of Web3 and crypto on its stages. It has also attracted registrations from nearly 1000 executives and corporate decision-makers in traditional finance and real economies. This enables the conference to be a high-level platform for in-depth dialogues and high-value connections.

As Asia’s premier crypto event, Web3 Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities.

Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Be our partner: https://tally.so/r/w5YEbP

Continue Reading

Trending