According to Techcruch, Web3 sports betting platform HotStreak has completed a US$9 million Series A financing led by Polychain Capital. This round of financing will be used to further develop the platform and underlying protocols. HotStreak previously completed a $1.5 million seed round in May 2021 to develop a neural network for setting odds on sports events. HotStreak CEO Greg Dean said that this summer, the trading volume of its platform is about 3 million to 5 million US dollars per month, and it makes a profit by charging users an entry fee and selling the system to other gaming platforms.