Vendetta Capital Backs Royale, a First Mover in DeFi for iGaming
Tags: Ethereum, Defi, Blockchain Startup, Polkadot, Cryptocurrency Investment

Vendetta Capital Backs Royale, a First Mover in DeFi for iGaming

Royale is an iGaming DeFi protocol building a trustless ecosystem where iGaming platforms borrow capital to fund their bankroll. Royale Nov 26, 2020·3 min read

Royale is excited to announce our partnership with Vendetta Capital, the cryptocurrency advisory and investment management company that tackles issues of interoperability, privacy and scalability. Royale looks forward to collaborating with their multidisciplinary team spanning investment, marketing, portfolio management and blockchain advisory.

Vendetta has extensive experience guiding blockchain projects. It sports an impressive roster of innovative and successful decentralised finance (DeFi) projects under their belt just this year — MANTRA DAO, Alliance Block, APY.finance, Polkastarter, Tidal.finance and Wootrade to name a few. They are well versed in launching early-stage DeFi projects and propelling them onward to sustainable growth. Their advice on marketing and long-term strategy is often cited by teams as a key part of their projects’ success. With the assistance of Vendetta, Royale is on track to remain relevant, sustainable and responsive to its community long after the shine of its debut wears off.

Royale is a cross-chain DeFi protocol that focuses on the iGaming industry. The project features a platform for smart-backed liquidity, which allows entrepreneurs to bootstrap innovation with blockchain’s transparency and security. The project wishes to be of service to iGaming platforms and help them attract new players through the use of Royale’s suite of Provably Fair games, all of which are supported by its own community. It is a decentralized iGaming aggregator and yield optimiser that is secure, immutable, and transparent.

Vendetta is backing Royale’s aim to overhaul the iGaming industry. Its unique approach opens the door for entrepreneurs who wish to enter the high growth online betting sector but lack the funding for their bankroll. Royale’s optimised liquidity pool provides iGaming bankroll funding via a network of participants that are rewarded to provide capital. This approach, supercharged by DeFi, unlocks a globally expanding industry expected to reach $127 billion by 2027. The iGaming industry includes online sports betting, online poker platforms, and online casinos. Vendetta Capital is keen to tap into the unrivaled growth potential that the combination of iGaming and DeFi has to offer cryptocurrency enthusiasts.

That’s what we at Royale call iGDeFi.

About Vendetta Capital

Vendetta Capital has brought together a multi-disciplinary team that has immense experience spanning from investing, portfolio management, and capital markets to marketing and blockchain technology. Vendetta invests in, leads, and helps projects to accelerate developing novel solutions to address the core issues of scalability, privacy, and interoperability for decentralized protocols and applications.

About Royale Finance

Royale Finance is an industry-focused decentralised lending protocol. Its purpose is to create Web 3.0 smart-backed funding solutions using DeFi primitives in order to support the innovation of iGaming products and platforms. The combination of iGaming returns, uncorrelated to DeFi cryptoassets but powered by base layer DeFi protocols, we call iGDeFi.

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