How Flare Network Acquired 5,210 FLR Token Holders and Generated $203,800 in Token Volume with Blockchain-Ads
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FLR token holder sign-ups and wallet connections
Flare is an EVM-compatible Layer 1 blockchain designed to bring decentralised data access to smart contracts across chains and the internet. Its core infrastructure includes built-in decentralised oracles and a native token rewards mechanism called FlareDrops, which distributes monthly FLR to all holders of wrapped FLR tokens. Flare targets active DeFi participants and ETH-native developers seeking EVM-compatible infrastructure with real data utility.
A note on attribution: Flare's paid acquisition on Blockchain-Ads is managed through affiliate partners, each running independently with their own market focus and creative approach. This case study covers one such campaign and reflects what Blockchain-Ads can deliver for Flare-aligned partners targeting active on-chain users globally.
Flare needed to reach active on-chain users who would not only sign up but connect wallets and acquire FLR tokens. This is a multi-step journey that required verified crypto-native audiences rather than broad interest segments.
Four obstacles defined what that required:
Standard display networks could reach crypto audiences but not verified on-chain users with DeFi transaction history and active wallet behaviour. Flare needed users already familiar with EVM infrastructure who would understand the FlareDrops reward mechanic and act on it. Interest-based platforms had no reliable signal for DeFi protocol engagement or wallet activity levels.
Blockchain-Ads provided that through four capabilities:
The campaign launched globally across ETH-active and DeFi wallet segments using native ad placements across crypto content publisher inventory.
Two creative angles ran simultaneously:
The objective was to identify which angle drove the lowest cost per sign-up among active DeFi and ETH holder segments.
Data from Phase 1 identified active ETH holders and DeFi protocol users as the strongest converting segments. The FlareDrops rewards angle outperformed the oracle infrastructure angle on sign-up rate among yield-seeking wallet segments. Budget shifted toward the rewards angle. The oracle angle was retained for targeting developer-adjacent and infrastructure-focused wallet segments. Retargeting was introduced to re-engage users who had signed up but not yet connected a wallet or acquired FLR tokens.
The campaign concentrated spend on the FlareDrops rewards angle across verified ETH holder and DeFi wallet segments globally. Retargeting layers re-engaged signed-up users who had not yet completed wallet connection or token acquisition. The rewards creative, "Everyone who holds WFLR receives monthly FlareDrops," drove the strongest wallet connection rate among retargeted users already familiar with token staking mechanics. The retargeting layer delivered the majority of the campaign's 3,755 wallet connections in the final week.
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