Crypto Casino

Metawin

How MetaWin Scaled Crypto Casino Acquisitions Across 10+ Markets with Blockchain-Ads

Metawin
0.77%
Conversion Rate
13M+
Impressions Delivered
$201.64
Blended CPA
$1.55
Blended CPC
Campaign Type
Display, Flux Campaign
industry
Crypto Casino
Duration
April – May 2026 (4 weeks)
Total Ad Spend
$107,472
Key Markets
Canada, DACH, Nordics, France, New Zealand, Worldwide
Primary KPI
Cost per acquisition (CPA)
Objective

First-time deposit acquisition across multiple international markets

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About
Metawin

MetaWin is a crypto-native prize casino where players deposit and compete for large cash prize pools. Its core mechanic is the prize drop, where depositors enter draws for multi-million dollar cash events. The platform targets crypto holders who want provable prize outcomes over conventional house-edge gameplay. MetaWin operates across multiple crypto-permissive markets and targets a mid-to-high-value depositor base.

  • Target Audience: Crypto holders aged 25–45 seeking prize-led casino experiences
  • Growth Stage: Scale-up

A note on attribution: MetaWin's paid acquisition is carried out through a network of affiliate partners, each running independent campaigns on Blockchain-Ads with their own creative approach and geo focus. This case study covers one such affiliate-managed campaign, and the results shown reflect what the platform can deliver for MetaWin-aligned partners rather than a single corporate initiative. Performance varies across affiliates depending on market selection and creative execution.

The Challenge

MetaWin needed to scale first-time deposit acquisition across multiple international markets without access to mainstream paid channels. Three obstacles defined the campaign from the start:

  • Audience intent: Prize-led casino offers require audiences already comfortable with crypto deposits, not general display traffic.
  • Audience quality: Broad inventory delivers volume but not depositor intent.
  • Geo efficiency: Multi-market expansion risked diluting spend before converting geos were identified.

Why Blockchain-Ads

Google and Meta restrict crypto-casino advertising in Canada, France, and the DACH and Nordic regions, leaving MetaWin without a compliant path to its core depositor audience through standard networks. Blockchain-Ads provided the reach and targeting infrastructure to run a multi-market acquisition campaign from a single platform, through four key capabilities: 

  • Web3 audience targeting: Campaigns reached wallets with verified on-chain activity, not modelled interest proxies.
  • iGaming publisher access: The network covered thousands of crypto and iGaming sites across all target geos.
  • Multi-geo deployment: Campaigns launched and iterated across 10+ markets from a single platform.
  • Format flexibility: Display and Flux Campaign formats allowed broad reach and algorithmic optimisation in parallel.

Campaign Results

  • Blended CPA: $201.64 across all geos and formats.
  • Conversion rate: 0.77% blended across all campaigns.
  • Total conversions: 533 across 10+ markets in 4 weeks.
  • Impressions: 13M+ delivered across display and Flux Campaign formats.
  • Blended CTR: 0.54% across all formats and geos.
  • Blended CPC: $1.55.

Campaign Strategy

Phase 1: Learning (Week 1, April 10–22)

The campaign launched in Canada with a single display campaign targeting Web3 audiences. The creative led with a 30% deposit boost offer, designed to convert crypto holders already familiar with casino deposit mechanics. Canada delivered a CPA of $197.54, establishing the baseline.

Phase 2: Consideration (Weeks 2–3, April 23–30)

Geo expansion launched across seven new markets. DACH, Nordics, France, Worldwide, and Canada iGaming interest segments were all activated. A new creative replaced the deposit boost. The $3 Million Cash Drop creative repositioned MetaWin around its prize pool mechanic. DACH emerged as the breakout market with a CPA of $44.77. France converted at $89.80. Hong Kong and Japan were activated and paused after returning zero conversions.

Phase 3: Acquisition and Retargeting (Week 4, May 1–9)

New Zealand and a Canadian Flux Campaign were added in the final week. The Flux Campaign ran automated optimisation across Canada and delivered a CPA of $111.28. New Zealand converted at $197.07. The $3 Million Cash Drop creative ran across all active geos. The campaign closed with 533 total conversions across 13 active geo-campaign combinations.

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