Onyx Odds
Onyx Odds
Onyx Odds is a legal sweepstakes model sports prediction and betting platform. Users can participate in prediction betting on mainstream sports events (NBA, NFL, MLB, etc.) through web pages and mobile apps. It adopts "no purchase necessary" sweepstakes rules to realize real bonus redemption.
Onyx Odds is a legal sweepstakes model sports prediction and betting platform. Users can participate in prediction betting on mainstream sports events (NBA, NFL, MLB, etc.) through web pages and mobile apps. It adopts "no purchase necessary" sweepstakes rules to realize real bonus redemption.
Download Bitget Wallet appWhat is Onyx Odds?
Onyx Odds is a premium social sportsbook and sweepstakes gaming platform designed to offer a mobile-first, free-to-play sports prediction experience. Launched in 2024, the project aims to carve out a niche in the online gaming market by providing a sleek, intuitive alternative to traditional sportsbooks. Its mission is to democratize sports betting through a legal, sweepstakes-based model where users can engage with major American sports leagues like the NFL, NBA, and NHL without risking real money upfront.
How Does Onyx Odds Work?
The platform operates using a dual-currency system: Onyx Coins and Onyx Cash. Onyx Coins are used for 'Standard Play' and are purely for entertainment with no real-world value. Onyx Cash, on the other hand, is a sweepstakes currency that can be earned through promotions, bonuses, or as part of coin purchases. When users place successful sports picks using Onyx Cash, they can accumulate enough to redeem for real-life prizes and cash redemptions, typically requiring a 1x playthrough.
What Makes Onyx Odds Unique?
Onyx Odds distinguishes itself through its modular technology and streamlined user interface that focuses on 'Quality over Quantity.' Unlike many competitors that clutter the screen with hundreds of niche events, Onyx Odds prioritizes the most liquid and popular markets with highly competitive 5% margins. Key features include a dedicated loyalty program that rewards consistent gameplay with VIP status, a robust mobile-optimized web experience that requires no app store downloads, and a secure infrastructure utilizing SSL encryption to ensure player safety.
Who Are the Founders of Onyx Odds?
Onyx Odds was founded by a team of fintech and gaming veterans, including Greg Newman (CEO) and Omar Kayaam (CIO). Both founders have extensive backgrounds in high-stakes financial trading, having previously served as senior leaders at Mandara Capital where they specialized in oil derivatives and market making. Their expertise in risk management, trading technology, and scaling elite financial teams has been transitioned into the sports prediction space to build a high-performance gaming ecosystem.
Latest news
What Key Events Have There Been for Onyx Odds?
Since its inception in 2024, Onyx Odds has reached several major milestones, including securing $8.3M in early-stage venture capital funding in March 2025 led by Velo Partners and Xfund. The project also successfully launched its 'Onyx Goliath' initiative, an institutional-grade blockchain layer designed to facilitate high-speed financial transactions and inter-bank connectivity. Recently, the platform expanded its legal operations to cover over 40 U.S. states and introduced a comprehensive VIP loyalty system.
Project Announcements
Recent updates include the rollout of 'Bank Connectivity Mesh Network' features in Q2 2026 to improve blockchain-based financial operations. The platform also recently announced the integration of new payment methods, including Apple Pay and Skrill, to streamline the user purchase experience.
Upcoming events
Latest Airdrop
Onyx Odds currently offers a 'Sign-up Airdrop' where new users receive 1,000 Onyx Coins and 15 Onyx Cash upon registration. Additionally, a weekend bonus program provides ongoing free picks to active community members.
ICO Time
The project conducted a private venture capital round in March 2025; no public ICO for a secondary token has been announced at this time.
IDO Time
There are currently no scheduled IDO events for the Onyx Odds platform as it remains privately held and venture-backed.
TGE Time
The Token Generation Event for the related ecosystem utility token, Onyxcoin (XCN), has already occurred, and it is actively traded on major exchanges.
Project announcements
Where to Buy Onyx Odds?
The primary utility token of the ecosystem, Onyxcoin (XCN), can be traded on major global exchanges including Coinbase, Kraken, KuCoin, Gate.io, and Bitget. Popular trading pairs include XCN/USDT and XCN/USD.
Onyx Odds Price
Daily Trading Volume
$7,074,478 (XCN) with a steady trend following the launch of the Goliath mainnet.
All-Time High
$0.1841 (May 2022), which is significantly higher than the current consolidation phase.
All-Time Low
$0.0007 (October 2023), representing a recovery of over 600% to current levels.
Market Cap and Valuation
Market Cap
$184,411,528 with a global ranking of approximately #350 in the crypto ecosystem.
Fully Diluted Valuation
Approximately $260,000,000, accounting for the total supply of XCN tokens used for governance and gas.
Onyx Odds Price Prediction
Credible insights from financial media highlight the project's shift toward institutional blockchain adoption as a major growth driver. Analysts from publications like Crypto News suggest that the successful deployment of the Goliath Layer 1 could lead to increased demand for XCN as a gas token, though they caution that market sentiment remains tied to the broader Bitcoin and Ethereum price trends. Currently, there are no specific price target forecasts from reputable institutional banks.
How to buy Onyx Odds?
To purchase Onyx Odds (XCN), follow these simple steps using the Bitget Wallet:
Download the Bitget Wallet: If you haven't already, download the Bitget Wallet app from the official website or your app store.
Create an Account: Open the app and create a new account by following the on-screen instructions. Ensure you secure your account with a strong password.
Fund Your Wallet: Deposit funds into your Bitget Wallet by transferring cryptocurrencies or purchasing crypto using fiat currency through supported payment methods.
Navigate to the Market: In the Bitget Wallet, go to the market section and search for Onyxcoin (XCN) to view available trading pairs.
Place Your Order: Select the desired trading pair (e.g., XCN/USDT), enter the amount you wish to buy, and confirm your order. Once the transaction is completed, XCN will be added to your wallet.
Download the Bitget Wallet: If you haven't already, download the Bitget Wallet app from the official website or your app store.
Create an Account: Open the app and create a new account by following the on-screen instructions. Ensure you secure your account with a strong password.
Fund Your Wallet: Deposit funds into your Bitget Wallet by transferring cryptocurrencies or purchasing crypto using fiat currency through supported payment methods.
Navigate to the Market: In the Bitget Wallet, go to the market section and search for Onyxcoin (XCN) to view available trading pairs.
Place Your Order: Select the desired trading pair (e.g., XCN/USDT), enter the amount you wish to buy, and confirm your order. Once the transaction is completed, XCN will be added to your wallet.
FAQ
What is the Purpose of Onyx Odds?
The primary goal is to provide a legal, social sports betting platform in the US that uses sweepstakes mechanics to allow users to win real prizes while playing for free.
How Can I Participate in Onyx Odds's Ecosystem?
Users can participate by signing up on the official website, claiming daily bonuses, and placing sports predictions. Developers and investors can engage with the XCN Ledger through staking and governance.
What Sets Onyx Odds Apart from Competitors?
Unlike traditional sportsbooks, it requires no real-money deposits to play. Compared to other sweepstakes sites, it offers a more professional 'institutional' UI and faster prize redemption times.
Is Onyx Odds Secure?
Yes, the platform employs industry-standard SSL encryption and is compliant with U.S. sweepstakes laws. It also undergoes security audits for its blockchain components.
What are the Risks Associated with Onyx Odds?
Risks include potential regulatory changes in the sweepstakes industry and the inherent volatility of the underlying XCN utility token used for ecosystem governance.
Disclaimer & risk notice: Some content on this page may be AI-assisted or generated and is for general reference only. For the most accurate and up-to-date information, please refer to the project's official website. Bitget Wallet values every partnership. If you find any issues or inaccuracies, contact us at [email protected] — we appreciate your feedback and will continue to improve.
