On September 12, Zeeve hosted a super engaging AMA featuring Dr. Ravi Chamria, Co-founder & CEO of Zeeve, and Steve van Zutphen, Founder of PandaSea. The session dived into how PandaSea is building a sports-driven financial ecosystem — turning fan knowledge and passion into actual digital assets. The project is built on Avalanche Layer 1, with Zeeve powering the backend infrastructure to keep everything running smoothly.
Missed it live?
Catch the full session here
Key Takeaways
1. Sports Meets DeFi
PandaSea is creating a decentralized marketplace where sports fans can trade performance-based digital assets of their favorite teams. Imagine combining the excitement of sports with the fast-paced world of crypto and stock trading – that’s what PandaSea is doing.
2. A New Kind of Ownership
Unlike traditional betting where most people lose money, PandaSea lets fans own value tied to their favorite team’s performance. Steve summed it up perfectly:
“Fans have incredible sports knowledge, but no real way to monetize it – until now.”
3. Token Model that Feeds Itself
Every buy or sell on the platform carries a 0.5% transaction fee, which is used to buy back PandaCoin from the market. This keeps liquidity healthy and creates ongoing demand for the token.
4. Community at the Core
PandaCoin isn’t just a gas token. It fuels governance, powers buybacks, and aligns incentives across the entire ecosystem – keeping the community right at the center.
5. Why Avalanche?
PandaSea built on Avalanche for its performance, scalability, and ease of use. Avalanche’s wallet abstraction and high throughput make it perfect for onboarding millions of sports fans without friction.
6. Zeeve’s Role in the Journey
Zeeve supported PandaSea through its infrastructure solutions — ensuring reliable deployment, uptime, and scalability. This allowed the PandaSea team to stay focused on product innovation and user experience, while Zeeve handled the complex infra work behind the scenes.
Dr. Ravi kicked off the AMA by introducing PandaSea as “a very innovative startup building a liquid decentralized marketplace across digital and real-world assets, with sports being one of its key focuses.”
Steve then shared his journey — from his early days in Web2 to experimenting in Web3 — and how that led to creating PandaSea. He talked about how the idea came from wanting to give communities a way to turn their passion and knowledge into real financial value.
“There’s no better way to do that than by building a product that lets people share in the value they help create. That’s what PandaSea is about — turning knowledge and passion, like sports, into something people can actually own and benefit from.”
— Steve van Zutphen
When asked about the token model, Steve explained:
“We take 0.5% on all buy and sell transactions and use that to buy back PandaCoin from the market. It drives liquidity, creates constant demand, and builds a sustainable economic loop.”
Dr. Ravi added,
“That’s an exciting model, combining deflationary mechanics with utility. As we’ve seen with Hyperliquid, this approach works really well when paired with real user traction.”
— Dr. Ravi Chamria
Talking about why PandaSea chose Avalanche, Steve shared:
“One of our innovations is a Web3 abstraction layer that lets users connect directly through MetaMask. It automatically creates non-custodial wallets on our chain, giving a Web2-like feel to a Web3 experience. With billions of sports fans expected to join, scalability and control were key — and Avalanche gives us both.”
Dr. Ravi agreed, pointing out how Avalanche can easily handle thousands of transactions per second — perfect for PandaSea’s scale. When talking about Zeeve’s contribution, Steve added:
“We’re really grateful for Zeeve’s support. It takes serious expertise to handle blockchain infrastructure, and your team allowed us to stay hyper-focused on the product and experience while knowing the backend was in safe hands.”
— Steve van Zutphen
As the session came to an end, Steve shared what’s next — PandaSea will first launch in Europe and the East, followed by other regions soon.
Dr. Ravi wrapped it up by saying:
“You’ve got a powerful model, great UI/UX, sustainable tokenomics, and a scalable chain. With the right infrastructure and vision, PandaSea has all the ingredients for massive success.”
— Dr. Ravi Chamria
The AMA closed on a really positive note. Both teams agreed that the next generation of Web3 apps will make blockchain invisible and focus purely on real-world utility. With PandaSea’s sports-powered economy and Zeeve’s strong infrastructure support, this partnership definitely stands out as one to watch.
