THNDR

What THNDR does

THNDR is a London-based mobile gaming company that operates a portfolio of free-to-play Bitcoin-rewarded games and a skill-based PvP wagering platform built on the Bitcoin Lightning Network. The company serves two distinct customer sets: (1) consumer gamers globally — and particularly in emerging and non-English-speaking markets — who download free mobile games and earn small bitcoin (satoshis) rewards through daily prize draws, tournaments, leagues, and head-to-head Duels; and (2) B2B enterprise customers such as casino, sportsbook, and app operators who embed THNDR's skill-based games into their own platforms via the company's white-label thndr.io offering. The user base is described as "hundreds of thousands" of bitcoin gamers, with multi-language localization covering Spanish, French, Portuguese, German, Italian, Polish, Turkish, and Tagalog.

The core product portfolio comprises six mobile games — Clinch (skill-based PvP Bitcoin wagering), Club Bitcoin: Solitaire, Tetro Tiles, Turbo 84, Bitcoin Bounce, and THNDR Bay — supported by competitive meta-layers including Duels (PvP Bolts wagering with skill-based matchmaking), THNDR Leagues (daily community-wide rankings), THNDR Avatars (cosmetic customization backed by Cubes in-game currency), and a Nostr-based Gaming Graph that issues portable reputation badges. The underlying technology is a proprietary Lightning Network payment infrastructure built largely in-house by founder Jack Everitt, enabling instant low-fee bitcoin payouts to 15+ integrated Lightning wallets including Strike, CashApp, ZEBEDEE, Nayuta, Osmo, Muun, Phoenix, and Blixt.

THNDR monetizes through a freemium model with optional in-game purchases (Cubes exchanged for Bolts and avatar cosmetics), a monthly VIP subscription with enhanced rewards, transaction fees from PvP Bitcoin wagering via Clinch, and B2B white-label service fees from operators embedding THNDR's skill-based games. The company is registered as THNDR LTD in the United Kingdom, operates with a lean 1-10 person team, and has raised undisclosed amounts from Lightning Ventures in 2021 and 2023. No tier-1 institutional venture backing has been disclosed.

Name

THNDR

Legal name

THNDR LTD

Website

https://thndr.games

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

THNDR is a London-based mobile gaming company offering free-to-play Bitcoin-rewarded games and a skill-based PvP wagering platform on the Bitcoin Lightning Network, serving consumer gamers globally and B2B casino, sportsbook, and app operators through a white-label platform.

Ownership category

akta.pro rank

Product category

Mobile Gaming

NAICS

Gambling Industries (7132), Other Gambling Industries (713290)

SIC

Services-Miscellaneous Amusement & Recreation (7990)

akta.pro primary industry

Blockchain Game Studios & Game Development (FSAPAGAC)

akta.pro secondary industries

Online Casino Studios & Game Publishers (Slots, RNG, Live Dealer) (MPAEABAJ), In-Game Wallets, Stored Value & Virtual Currency Issuance (MPAFAJAB), Player Wallets, Identity & Accounts for Games (embedded wallets, SSO, DID) (FSAPAGAF)

Keywords

• Mobile gaming platform
• Skill-based wagering
• White-label iGaming
• Bitcoin reward games
• Lightning network games

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Free-to-play games with optional paid upgrades: THNDR's portfolio of games is free to download and play. Players can earn bitcoin rewards through daily draws, tournaments, and leagues at no cost. Revenue is generated through optional in-game purchases such as power-ups, avatar assets, and cosmetic upgrades, as well as VIP subscriptions.
2. Skill-based wagering / competitive tournament entry: Clinch allows players to place Bitcoin skill-based wagers on games and compete head-to-head against other players. Revenue is generated through the competitive wagers placed by participants.
3. VIP subscription: VIP subscribers receive enhanced free Bolt rewards (doubled from 500 to 1,000 every 8 hours), 5 free cubes daily, and other exclusive benefits. This provides a recurring revenue stream from engaged power users.
4. In-game currency and asset purchases: Players can purchase Cubes (in-game currency) to exchange for Bolts, buy Avatar Asset Bundles, premium avatar designs, and other cosmetics. Cube packages offer better value with more Bolts per purchase.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

THNDR develops and operates a portfolio of mobile games built on the Bitcoin Lightning Network where players earn real bitcoin rewards through gameplay, daily prize draws, and skill-based PvP wagering (via its Clinch platform). The company also operates a B2B white-label platform (thndr.io) that lets casino, sportsbook, and app operators embed THNDR's skill-based games into their own platforms and earn a service fee per bet. Games go live in 5 to 10 days and are retained through tournaments, leagues, and free-to-win bitcoin mechanics.

Product overview

THNDR is a Bitcoin gaming platform that operates on the Lightning Network, offering a portfolio of mobile games where players can earn Bitcoin rewards. The core product portfolio includes six mobile games: Clinch (a PvP skill-based gambling platform), Club Bitcoin: Solitaire, Tetro Tiles, Turbo 84, Bitcoin Bounce, and THNDR Bay. Players earn Bitcoin through multiple mechanisms including daily prize draws (using THNDR tickets), esports tournaments, and competitive Duels PvP mode. The platform integrates with 15+ Lightning-enabled Bitcoin wallets for cash-outs, including Strike, CashApp, ZEBEDEE, Blue Wallet, Muun, Phoenix, and others. Key platform features include THNDR Leagues (daily competitive rankings), Duels (head-to-head PvP wagering with Bolts currency), Nostr Badges/Gaming Graph (reputation system via Nostr protocol), and Avatar customization. THNDR also operates a platform business (thndr.io) where operators can integrate THNDR's skill-based games into their own platforms.

Differentiator

Problem solved

Functional benefit

Products and services

• Clinch A real-money PvP skill-based wagering platform where players compete head-to-head against opponents of similar skill levels for bitcoin wagers, featuring games like Solitaire variants, 21 or Bust, and Think-o.
• Tetro Tiles A tile-stacking brain teaser puzzle game where players place tiles on a Sudoku-like grid to complete lines and blocks, available in both regular mode and competitive League play.
• Club Bitcoin: Solitaire Bitcoin-powered classic Klondike Solitaire game where players earn bitcoin rewards, featuring Duels PvP mode and competitive Leagues system.
• Turbo 84 A retro-styled racing game where players drive a car through a highway dodging obstacles to collect THNDR tickets and blue tokens for daily bitcoin prize draws.
• Bitcoin Bounce A platform game where players bounce a character across blockchain-themed blocks collecting THNDR tickets for daily bitcoin prize draws.
• THNDR Bay A bubble-popping puzzle game where players launch bubble creatures to match colors, completing levels to earn tickets for daily bitcoin prize draws.
• THNDR White-Label Platform A B2B white-label platform that allows casino, sportsbook, and app operators to embed THNDR's skill-based games into their own platforms, retaining players and generating service fees per bet.

Quantifiable outcome

• Users can win between 5 and 1,000 sats daily or weekly with regular play; experienced tournament players can win 10,000+ sats

Segments3 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

Feature7 records

Partnerships

Four partnerships are on record, tiered minor and core.

• International Gaming Standards Association (IGSA)minorStrategic or Co-development Partner · 17 June 2026THNDR joined the International Gaming Standards Association's newly formed Online Skill Gaming Committee. IGSA provides a collaborative environment where companies from different gaming sectors work together to develop industry best practices and standards. This membership positions THNDR within regulatory and standards discussions for skill-based online gaming.
• ZEBEDEEcoreTechnology or IntegrationZEBEDEE is a Lightning-enabled bitcoin wallet integrated into THNDR's cash-out flow. Users can withdraw bitcoin rewards to their ZBD app via Lightning Address. ZEBEDEE is one of the most prominently featured wallet integrations in THNDR's help documentation and blog posts.
• Nayuta WalletcoreTechnology or IntegrationNayuta Wallet is a next-generation Lightning wallet with easy payment and channel management capabilities (LSP) integrated into THNDR's cash-out options. Additionally, THNDR Games are featured in the Lapp section of the Nayuta Wallet app, providing distribution within the Nayuta ecosystem.
• Osmo WalletcoreTechnology or IntegrationOsmo Wallet is a Lightning-enabled bitcoin wallet focused on emerging economies (starting in Latin America) integrated into THNDR's cash-out flow. The partnership specifically targets Guatemala and beyond, enabling users to cash out in local currency or dollars with no minimum withdrawal limits.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Betr: Betr is a micro-betting and skill-based predictions platform founded by Jake Paul. Comparable to THNDR's Clinch/Duels as a skill-based real-money competition product targeting a younger, casual player base.
• Pocketful of Quarters: Pocketful of Quarters (PQ) is a blockchain-based gaming wallet and developer infrastructure for play-to-earn mechanics. Comparable to THNDR as a similarly positioned early-stage blockchain gaming infrastructure play.

Direct peers

• ZEBEDEE: ZEBEDEE is a Lightning Network gaming payments infrastructure and consumer gaming apps platform. Directly comparable to THNDR as both build Lightning-native gaming wallets and reward systems, and ZEBEDEE is one of THNDR's primary wallet integrations.
• Satoshi Games: Satoshi Games is a long-running Bitcoin casino offering dice, blackjack, roulette and other skill/chance games funded via Bitcoin. Comparable to THNDR as a directly competitive Bitcoin-denominated gaming operator with a similar free-to-play-and-wager model.
• Rollbit: Rollbit is a crypto-native casino and sportsbook offering original in-house games with crypto wagering. Comparable to THNDR's Clinch and 21-or-Bust as a similarly positioned crypto-skill-game publisher with white-label ambitions.

Broad incumbents

• Stake.us: Stake.us is the largest sweepstakes/crypto-friendly social casino in the US. Comparable to THNDR as a crypto-friendly iGaming operator with a similar reward-mechanic and skill-game offering, though at vastly greater scale.
• Skillz: Skillz is the leading publicly-traded mobile esports and skill-based competition platform, powering PvP tournament gameplay in hundreds of third-party titles. Comparable to THNDR as a skill-based competitive gaming infrastructure layer, though Skillz operates on fiat rather than Bitcoin.
• PrizePicks: PrizePicks is a leading daily fantasy sports and skill-based player-prop platform in North America. Comparable to THNDR as a skill-based prize competition model, though PrizePicks is fiat-only and sports-focused.

Others

• Lightning Labs: Lightning Labs is the primary developer of the core Lightning Network protocol (LND). THNDR's CEO previously served as VP at Lightning Labs, and THNDR builds on its technology stack. Adjacent infrastructure provider rather than a direct competitor.

Regional players

• Luckygames: Luckygames is a provably-fair crypto casino offering dice and skill-based mini-games. Comparable to THNDR as a smaller-scale Bitcoin-denominated gaming operator with a skill/chance mix.

Market position

Strengths2 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/THNDRGAMES
• Facebookfacebook.com/thndrgames

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about THNDR