Birkeland
Entrepreneur First '23Singapore, SG · Founded 2023 · 1 known investors
A prediction market platform where users bet on future events using Bitcoin Lightning payments, with no accounts required beyond Lightning addresses. Winners split the sats staked by those who bet incorrectly.
Also known as Bitcoin Prediction Market
Founders & leadership
Birkeland was founded in 2023 by James Pierog and Ruban Thasapparaj.
Investors · 1
Company profile
researched Aug 2026Birkeland operates a prediction market at bitcoinprediction.info that lets users wager on the outcomes of future events using Bitcoin Lightning Network payments. According to the company's own website, bets are placed by sending Lightning payments and winnings are paid out to the user's Lightning address; the site states that no accounts are required, only Lightning addresses.
The stated mechanic is a pari-mutuel style pool: participants who forecast an outcome correctly gain sats, those who are wrong lose them, and winners split the sats staked by losers. The site exposes two main calls to action for visitors, one to enter the market and one to propose new topics for markets, indicating that the event catalogue can be extended by user suggestions. No pricing, volume, user, or funding information is disclosed in the available public sources.
Business model
The website describes a peer-to-peer wagering pool in which participants stake bitcoin via Lightning payments and winners divide the stakes of losing participants. The site does not disclose fees, commissions, or any other revenue mechanism.
Traction
No user, volume, or revenue figures are disclosed in the available public sources.
Latest developments
The company website remains live and describes an operating prediction market; no dated announcements, funding events, or product milestones appear in the available sources.
▸Full profile — market position, technology, go-to-market, risks & controversies
Market position
No independent third-party coverage of the company was found among the available sources; positioning is described only by the company's own website.
Technology
The product is built on Bitcoin Lightning Network payments. Bets are submitted as Lightning payments and payouts are sent to users' Lightning addresses, which also serve in place of user accounts, so no account registration is described.
Go-to-market
Public web product accessible directly from the company's website, with prompts to visit the market and to propose new prediction topics; no other channels are documented in the available sources.
Individuals who wish to wager bitcoin on the outcome of future events and who already hold or can transact with a Lightning address.
Risks & controversies
Public sourcing for the company is limited to its own website, so claims about the product cannot be independently verified from the material available. Real-money event wagering is a regulated activity in many jurisdictions, though the sources provide no information on the company's regulatory posture.
Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.
▸Research sources · 5
primary sources listed
- Birkelandbitcoinprediction.info · web
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Birkeland do?
- Bitcoin Lightning-based prediction market where users bet on future events by sending Lightning payments.
- Who founded Birkeland?
- Birkeland was founded by James Pierog, Ruban Thasapparaj in 2023.
- Who are Birkeland's investors?
- Birkeland's investors include Entrepreneur First.
- Where is Birkeland headquartered?
- Birkeland is headquartered in Singapore, SG.