Bitrefill
CASE STUDY
Bitrefill Case Study
1,920
New Vendors
48,500
Transactions
4.2%
Conversion Rate
2.8%
Click-Through Rate
Company
Bitrefill
Campaign Type
User Acqusition
Industry
E-commerce
Case Timeline
60 days
Strategy
3,562 New Customers for an E-Commerce Brand in Just 60 Days
Strategy
Blockchain-Ads executed a multi-layered targeting approach:
- Audience Targeting : Utilized Active Wallets and Token Holders segments for Web3-native merchants. Interest-Based Targeting focused on Business and Investment/Marketing segments for traditional sellers.
- Creative Messaging: Highlighted marketplace benefits through three core value propositions. Headlines emphasized global reach, low fees, and simplified onboarding processes.
- Geographic Optimization: Concentrated efforts across India, Indonesia, and Brazil markets. Regional messaging addressed local seller challenges and growth opportunities effectively.
- Performance Optimization: Implemented cost-efficient bidding strategies and conversion tracking systems. Campaign monitoring ensured sustainable ROI and measurable marketplace growth outcomes.
Results
- New Vendors: 1,920 acquired
- Transactions: 48,500 within 60 days
Why It Worked
- Behavioral Targeting: combined Active Wallets with Token Holders for crypto-savvy merchants
- Interest-Based Targeting: reached Business and Investment/Marketing audiences for traditional sellers
- Creative Strategy: addressed local seller pain points with tailored messaging
Conclusion
This case study shows how Blockchain-Ads’ precision targeting empowers e-commerce platforms to scale supply-side growth. By attracting quality vendors and driving millions in transaction volume, the campaign delivered measurable, sustainable marketplace expansion.
Success Stories
What success looks like
+8,000
Users


GALA gained 8,000 users and 2.4x revenue-to-ad-spend by targeting Web3 natives with Ethereum and Polygon-based campaigns.
GALA - User Acquisition
Read more11,000+
Token Holders


SPACE acquired 75,000 players and minted 11,000 NFTs by targeting active $MATIC holders with wallet-based Web3 ads.
SPACE - User Acquisition
Read more3x
ROI

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Palmswap secured $1.8M in presale campaigns by drawing 1,243 investors with targeted tiered discounts and referral incentives.
Palmswap - Token holder
Read more5.4x
ROAS


Metacade raised $162,000 from 4,060 investors using Ethereum wallet targeting and P2E messaging, achieving a 5.4x ROAS.
Metacade - Token Presale
Read more+23%
ARPU


PlayZap onboarded 1,250 paid gamers and boosted ARPU by 23% by targeting high-value wallet users with P2E incentives.
PlayZap - User Acquisition
Read more280%
ROI since 2019


“Binance is a leading crypto exchange trusted by millions of traders globally. To penetrate the APAC market, they ran”
Binance - User Acquisition
Read more280%
ROI since 2019
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OKX, a leading crypto wallet platform, used Web3 hyper-targeting and segmentation to boost global user acquisition and trading volume.
OKX - High value traders acquisition
Read more280%
ROI since 2019
.png)

Coinbase, a leading cryptocurrency exchange, sought to expand its presence in the Southeast Asian market.
Coinbase - Trading-user acquisition
Read more280%
ROI since 2019
.png)

Crypto.com is a leading cryptocurrency exchange platform offering a wide range of digital asset services.
Crypto.com - User Acquisition Campaign
Read more280%
ROI since 2019
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Compound, a popular DeFi lending platform, wanted to boost activity on the Arbitrum network.
Compound - User Acquisition Campaign
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