Yeet.com raises $7.75M to transform online casino with crypto
Yeet.com, a new crypto-targeted casino and sportsbook, has raised $7.75 million in a funding round led by Dragonfly, a leading crypto venture fund. Further backed by angel investors such as Pudgy Penguins CEO Luca Netz and LayerZero CEO Bryan Pellegrino, Yeet.com plans to revolutionise the gambling space by serving exclusively crypto users.
What makes Yeet.com different?
Founded by pseudonymous crypto personalities Mando and Keyboard Monkey, alongside professional poker player Ben Lamb, Yeet.com is designed to resonate with the crypto community. According to Mando: “Yeet’s tagline is Crypto’s Casino—meaning it’s built by crypto people, for crypto people.”
Unlike traditional online casinos that simply accept crypto payments, Yeet.com is deeply rooted in crypto culture. From its team to its branding and games, everything about the platform is tailored to crypto-native users.
Crypto-centric casino games
Yeet.com will offer classic casino games like blackjack and roulette, but the real attraction lies in its crypto-themed games. Some unique games include NFT Minting Simulators, which mimic the excitement of minting an NFT; Meme Coin Trading Games, offering the experience of the volatile world of speculative crypto trading; and DeFi “Rug Pull” Simulations, providing a gamified version of the notorious crypto exit scams.
New market strategy of Yeet.com
Yeet.com plans to launch a Telegram bot, making it easy for users to access the platform directly from their favourite messaging app. This strategy follows the trend of meme coin trading bots that gained popularity among crypto enthusiasts.
Crypto gambling is a growing market dominated by platforms like Stake, Shuffle, and Rollbit. However, Yeet.com’s team believes their crypto-native focus will help them stand out.
Co-founder Ben Lamb stated to Decrypt, “Yeet stands out by being deeply crypto-native. Yeet isn’t trying to compete with these platforms. We’re offering something they don’t. We are Crypto’s Casino.”
Exclusive perks for crypto gamblers
Yeet.com seeks to entice users with a multilayer affiliate programme that inspires new player recruitment, a VIP reward programme intended to benefit high rollers with special privileges, and a point-based system with airdrops and token rewards, leading to the eventual launch of the Yeet token.
Due to licensing restrictions, U.S. residents will not be eligible to play on Yeet.com. Instead, the platform will focus on high-demand markets like Asia, Latin America, Canada, Africa, and select European countries. Yeet.com will accept deposits in multiple crypto assets, including Ethereum-compatible chains, Bitcoin, and Solana.
