Yeet.com, a new and upcoming crypto casino and sportsbook, has secured $7.75 million in funding, a project led by crypto venture fund Dragonfly, including angel investors such as Pudgy Penguins CEO Luca Netz and LayerZero CEO Bryan Pellegrino.
Founded by popular crypto figures Michael Anderson, aka trader Keyboard Monkey, and professional poker player Ben Lamb, Yeet aims to attract crypto enthusiasts by playing on the expertise and industry reputation of its founders.
Moreover, the platform will feature traditional casino games like blackjack and roulette, along with innovative crypto-themed gambling experiences.
Players can also look forward to games that mimic NFT minting, meme coin trading, and DeFi “rug pulls,” bringing a unique Web3 experience to iGaming entertainment.
In the beginning, Yeet will focus on delivering off-chain gaming, high-stakes, rather than on-chain verifiable randomness (VRF) but may incorporate provably fair games in the future.
The platform will also have a Telegram casino bot that will allow users to access the casino, which is very similar to meme coin trading applications that are popular in the crypto space.
Additionally, Yeet is also building a community-driven ecosystem via partnerships with influential crypto traders, founders, and social media personalities.
The casino plans to roll out a VIP rewards system, a multi-tier affiliate program, and a points-based airdrop initiative, with founder Lamb also stating that early users will enjoy incentives for its in-house “Wen token?”.
However, Yeet will not be available to U.S. players due to its Anjouan and Curacao licenses, and instead, the platform will focus on Asia, Latin America, Canada, Africa, and select European markets where crypto gambling is popular.
As for the payment methods, users will be able to deposit funds using several Ethereum-compatible networks, Bitcoin, and Solana, ensuring seamless transactions for players all around the world.
Michael Anderson, one of the founders of Yeet, commented:
Yeet’s tagline is Crypto’s Casino—meaning it’s built by crypto people, for crypto people. We use crypto as payment rails, but it’s much more than that—our brand, team, and even the games themselves are deeply ingrained in crypto culture. Crypto users love risk. They already trade 100x leverage, buy random meme coins, and gamble on everything from airdrops to NFTs in crypto. Crypto needs entertainment… and when trading slows down like right now, we all still want fun, fast-paced, gambling experiences—but ones that feel native to our world.
