Sports betting is on fire, but it's at an inflection point. Users are looking for transparency, fairness, and social engagement. Kutt is a place where betting is fair, fun, and deeply social.
Why invest in Kutt?
Huge market. The US alone generates $15 billion annually in sports betting revenue. It ain't going anywhere.
Unique P2P angle. Unlike traditional sportsbooks, Kutt is a peer-to-peer betting platform, meaning users bet directly against each other with no “House” advantage.
Scalable business model. Kutt earns 3% on every bet placed — lower than traditional platforms while still maintaining strong margins.
Proven traction. Kutt had $520k+ in 2024 revenue. $1 million raised from early investors. Betting is legal in 40 states, and Kutt is approved to operate in al of them.
To learn more about Kutt without giving permission to email, click here.
📰 Market Headlines
Markets were mixed yesterday as a strong jobs report dashed hopes for aggressive rate cuts.
The S&P 500 rose 0.2%, the Dow Jones Industrial Average climbed 0.9%, while the Nasdaq composite took a loss of 0.4%.
President Biden announced $183 billion in student debt relief for 150,000 more borrowers.
RedNote topped Apple’s App Store as TikTok alternatives surged ahead of its potential January 19 ban. Its name, 小红书, translates literally to Little Red Book, directly referencing Mao’s manifesto.
Robinhood agreed to pay $45 million to settle SEC charges over recordkeeping violations.
Edison International shares fell 12% as investigations and lawsuits linked its utility to Los Angeles wildfires.
Netflix, Comcast, Disney, and others pledged millions to aid Los Angeles wildfire relief, supporting victims and first responders.
New York City's congestion pricing plan reduced traffic in Manhattan’s Central Business District by 7.5% in its first week.
IAC’s board approved the spinoff of Angi, set for Q2, with CEO Joey Levin becoming executive chairman.
🌍 Global Perspectives
🇪🇺🇺🇸 NATO allies fast-tracked new military capability targets ahead of schedule.
🇺🇸🇨🇳 The US restricted AI chip exports to China while granting allies unlimited access.
🇳🇬 Suspected Boko Haram militants killed 40 farmers in Nigeria’s Borno State.
🇧🇷Landslides killed 10 in Brazil’s Minas Gerais after 204mm of rain fell in one morning.
South Africa launched an operation to rescue miners trapped in an illegal gold mine, with reports of 109 fatalities.
📊 Crypto
Bitcoin fell below $91,000, shaking confidence at the $3.2 trillion market support.
BlackRock launched a Bitcoin ETF on Cboe Canada under IBIT and IBIT.U.
Capital Group took a 5% stake in Metaplanet, whose shares surged 1,700%.
Coinbase won a partial court victory as the SEC's denial was deemed “arbitrary.”
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