PRED
Sports Prediction Platform
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About PRED
PRED is a peer-to-peer sports trading exchange built on the Base blockchain, launched publicly on June 4, 2026, timed with the FIFA World Cup. Users trade directly against each other via an on-chain order book, with positions settled in USDC and execution speeds of 200 milliseconds. The platform offers micro-markets such as 15-minute in-play markets, 1UP/2UP markets that close upon goal differentials, and live moneyline markets.
Its core value proposition is eliminating the house advantage inherent in traditional sportsbooks. Prices are set by participant supply and demand rather than proprietary odds, all trades are verifiable on-chain, and successful traders face no limits or punitive measures. The platform also offers yield on deposits and gas-free transactions via Base Paymaster.
The market pain point addressed is the structural unfairness of traditional sports betting: opaque odds, slow settlements, limited in-play options, and restrictions on winning bettors. PRED replaces the bookmaker model with a transparent, market-driven exchange.
In the six months from March to September 2026, PRED completed an eight-week private beta with over 300 users, executing more than 100,000 trades and reaching $5 million in notional volume. Retention was strong: 86% of beta traders remained active week-over-week, and 83% made repeat deposits. The public V2 launch was rebuilt based on over 300 user interviews. The platform is positioned to capture sustained volume beyond the World Cup through year-round domestic leagues and daily micro-markets.
Co-founder & CEO Amit Mahensaria: B.Tech from IIT Delhi, MBA from IIM Lucknow, with 22 years of experience in sports trading and entrepreneurship; former CEO of upGrad Campus and co-founder of Impartus.
Co-founder Arpit Nik: 10+ years of product and design experience, former Head of Product Design at WazirX and Lead Product Design at Zoomcar, focused on user-friendly Web3 products.
Co-founder Piyush Mahensaria: No publicly available detailed profile.
PRED recently welcomed Sumedha Muralidhar as Marketing and Growth Lead in June 2026. She previously led India growth for Base at Coinbase and brings deep experience in crypto marketing, community building, and go-to-market strategy. Her addition signals PRED's push to scale user acquisition and brand presence in the sports prediction market.