{"id":8466,"date":"2022-02-20T14:09:24","date_gmt":"2022-02-20T14:09:24","guid":{"rendered":"http:\/\/egrowonline.com\/?p=8466"},"modified":"2022-02-20T14:09:24","modified_gmt":"2022-02-20T14:09:24","slug":"motorcycle-expert-turns-passion-project-into-sports-analytics-platform-on-blockchain","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=8466","title":{"rendered":"Motorcycle expert turns passion project into sports analytics platform on blockchain"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-v-128018ef=\"\">\n<p>Skill sets gained from working on trading strategies, technology, data science and a personal passion for motorcycle racing made Scott Robinson launch a sports analytics platform. With a bit of blockchain added to the mix, the founder of Apex146 found new ways to proceed in the sports analytics business.<\/p>\n<p>Starting as a passion project, Robinson made an internship program offered to a professor at the University of California Santa Barbara. With the help of students, he developed a framework that looks at athlete performance in Grand Prix motorcycle racing.<\/p>\n<p>Using techniques he acquired working in capital markets and commodity trading at firms McKinsey &amp; Company and Oliver Wyman, Robinson created sports performance analytics that can be applied to motorcycle racing.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-02\/36fb53b9-1ee4-4b75-be47-3e03c3630c4d.JPG\" \/><figcaption style=\"text-align: center\"><em>Scott Robinson, Founder and CEO of Apex146, casually riding his bike. Source: Apex146<\/em><\/figcaption><\/figure>\n<p>According to Robinson, they combined &#8220;proprietary statistical methods to accomplish similar outcomes as was done using the &#8216;Moneyball&#8217; theory in baseball.&#8221; After some time, the team expanded and raised capital through a Series A in 2020 and improved its athlete performance indexing capabilities. <\/p>\n<p>Fast forward into the present, Robinson saw blockchain being applied to sports betting and realized the opportunities in penetrating the market through this emerging technology. \u201cThere were two blockchain-based sports betting platforms that we thought had a real chance of penetrating the market and more would follow over the next several years,\u201d says Robinson.<\/p>\n<p>Because of this, the team launched a blockchain oracle through Chainlink that lets decentralized applications (DApps) access sports analytics data from Apex146. Through this, developers can create sports prediction markets using analytics data that are linked on-chain and incorporate statistics that would trigger dynamic interactions within DApps.<\/p>\n<p>Apart from this, boarded the nonfungible token train by offering sports collections for entertainment purposes.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-02\/a61fc41c-c060-49b2-9789-f472f82e24b4.JPG\" \/><figcaption style=\"text-align: center\"><em>Apex146 head of technology Brian Leitner is accompanying Robinson on the track. Source: Apex146<\/em><\/figcaption><\/figure>\n<p><strong><em>Related:\u00a0<a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/red-bull-racing-scores-150m-sponsorship-with-bybit\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/red-bull-racing-scores-150m-sponsorship-with-bybit\/amp\" rel=\"noopener\">Red Bull Racing scores $150M sponsorship with Bybit<\/a> <\/em><\/strong><\/p>\n<p>Meanwhile, venture capitals have also recognized the opportunities that lie within the crypto and blockchain industries. A recent <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/4-key-takeaways-from-kpmg-pulse-of-fintech-report\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/4-key-takeaways-from-kpmg-pulse-of-fintech-report\/amp\" rel=\"noopener\">KPMG fintech report shows that over $30 billion<\/a> in investments has flowed into the industry in the past year, showing that blockchain has an important place within the global financial ecosystem.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/motorcycle-expert-turns-passion-project-into-sports-analytics-platform-on-blockchain\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Skill sets gained from working on trading strategies, technology, data science and a personal passion for motorcycle racing made Scott Robinson launch a sports analytics platform. With a bit of blockchain added to the mix, the founder of Apex146 found new ways to proceed in the sports analytics business. Starting as a passion project, Robinson [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8467,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[38],"tags":[1890,73,568,5351,4352,487,173,915,2395],"class_list":["post-8466","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-analytics","tag-blockchain","tag-expert","tag-motorcycle","tag-passion","tag-platform","tag-project","tag-sports","tag-turns"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/02\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDIvYzAxMzViYjYtMzUzOS00NTY2LTg1MTctNjgxNmQ1YTAwYjExLmpwZw.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/8466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8466"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/8466\/revisions"}],"predecessor-version":[{"id":8468,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/8466\/revisions\/8468"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/8467"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8466"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}