Global Emerging Markets (“GEM”) digital limited, a Bahamas-based investment firm, has committed to an investing of $25 million towards Nigeria’s Scorefam, a decentralized sports betting platform. This financial commitment will enable Scorefam to grow its user base, create new cutting-edge features, and continue to hire highly skilled personnel.
Scorefam’s COO and Co-founder, Sofowora Babasola, stated,
“This collaboration marks a critical turning point in the company’s future growth. By providing financial benefits to sports fans all around the world, the money will allow us to realize our vision of bringing together the crypto and sports gaming businesses. We honestly can’t wait for everyone to participate in what happens next.”
The company also hopes that the funds will give people the financial independence they need to achieve their strategic development goals. These goals include commencing work on the Scorefam NFT and NFT marketplace, introducing two new anticipated features, namely Flexible and Multiflex Gaming, as well as continuing to enhance our current flagship feature, Locked Gaming. With the commitment of money, Scorefam also aims to continue hiring exceptional people from all across the world.
Additionally, the sports gaming platform aims to establish a platform for the global acceptance of cryptocurrencies.
“We think that by making it possible to profit passively from the world’s favorite hobby, the advancements the money will enable will prove to be incredibly profitable and advantageous for crypto newcomers,” Simisoluwa Adeyemo, CEO and founder said.
“Our organization’s cornerstones are a relentless mind, unshakeable resolve, and a results-driven strategy. Because of this, I am happy to have accomplished this feat with our outstanding team and a prestigious organization like GEM. This money is the first step toward achieving our objectives, exceeding them, and coming up with fresh, innovative ideas along the way. With a team like ours backed like GEM, we’re certain to meet every obstacle head-on and come out victorious,” he added.