2024 was an incredible year at THNDR. If you haven’t been following along, here’s the TL;DR on all our progress:
- 🔬 Focus: Shifted focus from our B2C end user app to B2B (THNDR Platform), offering a plug-n-play suite of skill-based wagering games for any platform or product.
- 💸 Revenue: Experienced a 154% increase in revenue with the renewed focus.
- 🤝 Partners: Signed several partners and ended the year with two live integrations with BetOpenly, a p2p sports book, and the Bitcoin wallet, Speed.
- ↗️ Telegram: Launched the Telegram implementation of the THNDR Platform, allowing customers to monetize their Telegram audiences.
- 🕸️ Player liquidity network: Inspired by Andrew Chen’s “The Cold Start Problem”, enabled cross-operator matchmaking to optimize fill rate, wait times, payment efficiency, and UX.
- 🐺 Wolf: Participated in Wolf’s Turbocharger program, focusing on strategy, sales, and product positioning.
- 💬 Customer discovery: Following “The Mom Test” book, we interviewed over 20 potential customers to inform product development of the THNDR Platform.
- 📲 Mobile app: Launched the Clinch App (our B2C app), which acts as a test bed for our games and technology, and allows us to seed the player liquidity pool.
- 👥 Referrals: Released our referral program, giving users 10% of the rake on all referrals and their referrals get 50% off entry fees.
- 🤺 Matchmaking: Implemented an Elo rating system for Clinch matchmaking, which allows us to more effectively match users based on skill level.
- 🧾 Updated payments: Transitioned to asynchronous, Just-in-Time (JIT) payments to provide a better UX.
- 🎮 F2P games: Moved our F2P, rewarded games to maintenance, while using them as a user acquisition funnel for the Clinch app and player liquidity.
- ⚡ LUDs: Submitted two LUD proposals (#248 and #256), with ZEBEDEE implementing the latter.
We’re looking forward to onboarding more customers in 2025 and bringing skill-based gaming on Bitcoin to the masses!
