A message to our AMAZING Bundles community:
2022 has been a challenging year for the crypto industry. From Luna to FTX, it has been one problem after another as of late, however at Bundles Bets we have decided to put these hardships behind us and look towards the future with optimisim and joy.
As many of you might know, our bridge got exploited on November 13th, 2022. Unfortunately, our project was not immune to the chaos and misfortune spreading through this space, but we won’t let the bad actors completely destroy us.
This cowardly theft propelled us to greatly enhance and improve our security protocols moving forward. After the night of the hack, we quickly pieced together a recovery plan and have made tremendous progress towards a more secure future, which includes a partnership with Lossless to integrate their anti-hack security software into our new contract. We also have other exciting partnerships that we will be announcing soon, which we’re positive will help Bundles flourish after our relaunch.
A few other project updates:
1. Our development team has been working tirelessly on the prediction pools. They’re hoping to be finished by the end of the year! More information will be released on these very shortly.
2. It’s a pleasure to announce that Bundlesbets is the First web3 sports betting platform to receive licensing in the US! You can now legally bet on our platform in 5 US states, and our legal team is continuously pursuing additional ones leading up to the sports book release!
3. We’re releasing a new litepaper this week. As time goes on all projects will evolve, and we felt like updating our vision was a high priority to pair with the relaunch.
4. Our new token will launch on Polygon and we plan to go cross-chain after several layers of security have been implemented.
5. If some of you remember, this was our first year sponsoring a major event in Web3Expo, and we’re going to continue to pursue major event sponsorships moving forward as part of our post-launch growth. Look for Bundles as a sponsor again in the near future!
That’s all we have at the moment, but you can expect more updates coming soon.
The team is extremely anxious to relaunch, and we feel that this impediment will only make us stronger in the end.