iGaming

SX.bet

How SX.bet Acquired 1,498 Airdrop Registrants at $20.03 CPA with Blockchain-Ads

Sx.Bet
1,498
Airdrop Registrations
3M+
Impressions
$0.42
Blended CPC
2.36%
Blended CTR
Campaign Type
Display, Native
industry
iGaming
Duration
30 days
Total Ad Spend
$30,000
Key Markets
Global
Primary KPI
Cost Per Acquisition (CPA)
Objective

Airdrop registrations

Launch Similar Campaign

Request Access

About
Sx.Bet

SX.bet is a blockchain-based peer-to-peer sports betting platform built on the SX Network. It offers decentralised betting markets where users bet directly against each other with all outcomes settled on-chain. It targets DeFi-active sports bettors and crypto-native users who want transparent, provably fair betting markets. SX.bet ran a 30-day campaign to drive airdrop registrations using a $200 bet match incentive to attract qualified blockchain sports betting participants globally.

  • Target Audience: Crypto-active sports bettors, DeFi protocol users, and blockchain-native players seeking decentralised peer-to-peer betting platforms
  • Growth Stage: Scale-up

A note on attribution: SX.bet's paid acquisition runs through a network of specialist affiliate partners. Multiple SX.bet-aligned affiliates operate independent campaigns on Blockchain-Ads, each with its own creative, audience, and geo focus. This case study documents one of those affiliate-managed campaigns. It is presented as representative of the kind of result Blockchain-Ads enables for SX.bet-aligned advertisers, not as a single SX.bet corporate campaign. Results across affiliate partners vary based on segment focus and creative discipline.

The Challenge

SX.bet needed to reach crypto-native sports bettors who would register for its airdrop. This is a conversion requiring audiences already familiar with on-chain mechanics and motivated by the combination of a bet match incentive and a growing platform community.

The campaign ran into four specific obstacles:

  • Platform restrictions: Google and Meta restrict decentralised sports betting platform promotion, leaving no compliant path to crypto-active sports betting audiences at scale.
  • Audience specificity: SX.bet needed DeFi-active wallet holders with sports betting intent, a segment that interest-based targeting cannot isolate reliably.
  • Airdrop awareness: The $200 bet match airdrop was an unfamiliar mechanic for general sports betting audiences. It requires creatives that communicated both the incentive and the platform's peer-to-peer proposition in a single impression.
  • Community momentum: The "Join 100k Journey" angle required creatives that conveyed platform scale and early-mover advantage simultaneously to convert users evaluating competing platforms.

Why Blockchain-Ads

Google and Meta restrict decentralised sports betting promotion globally. SX.bet needed a network with verified crypto-active sports betting audiences and compliant iGaming inventory at scale. Standard ad networks had no reliable signal for on-chain betting behaviour or DeFi wallet activity among sports-active crypto users.

Blockchain-Ads addressed every one of those gaps through four capabilities:

  • On-chain wallet targeting: Campaigns reached DeFi-active and sports bettor wallet segments with verified on-chain transaction history, not interest proxies.
  • iGaming and DeFi publisher inventory: The network covered crypto sports betting, DeFi protocol, and blockchain gaming publisher environments where SX.bet's target audience was already active.
  • Airdrop-optimised campaigns: Targeting was structured to drive qualified airdrop registrations from blockchain-native users already motivated by on-chain incentive mechanics.
  • Global reach: The platform delivered verified crypto-active sports betting audiences across multiple regions throughout the 30-day campaign window.

Campaign Results

  • 1,498 airdrop registrations delivered across a 30-day global campaign.
  • CPA: $20.03 per airdrop registration.
  • Impressions: 3M+ delivered globally across display formats.
  • CTR: 2.36% blended across all formats.
  • CPC: $0.42 blended across the full campaign.
  • Total clicks: 71,055 driven to the SX.bet airdrop registration page.
Selected Ad Examples

Campaign Strategy

Phase 1: Learning (Week 1)

The campaign launched globally across DeFi-active and sports bettor wallet segments with display formats.

Three creative angles ran simultaneously:

  • A bet match angle leading with a $200 bet match incentive and a join the airdrop CTA.
  • A value angle offering bet $20 get $200 to communicate the incentive mechanics clearly.
  • A community angle inviting users to join the 100k journey to leverage platform growth momentum.

The objective was to identify which angle drove the lowest cost per airdrop registration among crypto sports bettor and DeFi wallet segments.

Phase 2: Consideration (Weeks 2–3)

Data from Phase 1 identified DeFi protocol users and crypto sports bettor segments as the strongest converters. The bet match and value angles outperformed the community angle on registration rate among users actively evaluating decentralised betting platforms. Budget shifted toward these two creatives. The community angle was retained at reduced spend for targeting users new to SX.bet who needed social proof before registering. Retargeting was introduced to re-engage users who had clicked through to the airdrop registration page without completing sign-up.

Phase 3: Acquisition and Retargeting (Week 4)

The campaign concentrated spend on the bet match and value angles across verified DeFi-active and sports bettor wallet segments globally. Retargeting layers re-engaged users who had visited the airdrop registration page without completing sign-up. The value creative, "Bet $20 Get $200," drove the highest retargeting registration rate among users already aware of the platform and comparing competing airdrop incentives. The community angle scaled in the final week among new audiences who had seen the platform's growing user base referenced in earlier phase impressions.

Ready to scale like Sx.Bet?

Request access to Blockchain-Ads today and start launching high-performing campaigns of your own.

Request Platform Access

See More Case Studies like
Sx.Bet

Ready to reach your ideal customer?

Access is limited to qualified advertisers.

© 2021–2026 Blockchain-Ads Labs LLC
Request Access