Railbird Analysis: $500K Raised
What is Railbird?
Federally regulated prediction market for event-based contracts
Employees
11-50
Founded
2021
Industry
Blockchain
Latest Funding Round Size
$500K
Product Features & Capabilities
- Event-based contracts for finance, services, and technology
- Contracts tied to corporate events and financial indices
- Contracts on weather, inflation, and election outcomes
- Real-time price updates reflecting public sentiment
Use Cases
Trade on NY Knicks game outcomes; Predict DRAM price changes in January 2024; Hedge against service disruptions impacting business operations; Express views on AI innovation trends; Monitor weather patterns affecting supply chains
How much Railbird raised
Funding Round - $500K
RecentOther Considerations
Regulated by the CFTC; Offers markets in finance, services, and technology; Real-time pricing based on public sentiment; User-friendly interface accessible in all 50 U.S. states; Trading hours and fee schedule coming soon
Competitors
The main competitors of Railbird Exchange in the fintech space include:
1. CME Group
2. trueEX
3. Mercaris
4. Bitnomial
5. Vested Finance
6. Miren
1. CME Group
2. trueEX
3. Mercaris
4. Bitnomial
5. Vested Finance
6. Miren
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