$7,000,000 added liquidity on a $100,000 (70X ROAS) ad spend by targeting high value DeFi investors and enthusiasts.
Sommelier Finance, a decentralized finance (DeFi) platform, ran a campaign using Blockchain-Ads to boost liquidity in their pools. This case study showcases how targeted advertising and innovative technology led to exceptional results in investor acquisition and liquidity growth.
The 90-day investor acquisition campaign was aimed at increasing liquidity in specific pools on the Sommelier platform with a total ad spend of $100,000. The primary goal was to identify and attract high-value DeFi investors with recent activity in other liquidity pools.
The Sommelier Finance marketing team optimized their blockchain-ads campaign to focus on these specific Web3 audiences and to employ a comprehensive funnel approach:
The marketing team also employed a comprehensive funnel approach for the campaign, structured from top to bottom as building awareness, engagement and investor acquisition. They also used personalized messaging at each stage of the funnel to ensure compelling communication with potential investors. Continued interaction with new investors helped maintain their interest and involvement in the platform.
The campaign delivered exceptional outcomes for Sommelier Finance:
Sommelier Finance increased liquidity and investor base with the Blockchain-Ads platform, achieving a great ROI. In 90 days, Blockchain-Ads' Web3 audience targeting and a comprehensive marketing strategy helped Sommelier Finance attract over 10,000 new liquidity pool investors and add over $7 million in liquidity. This case study shows how investor targeting, funnel strategy, and personalized messaging can scale a DeFi project's user base and liquidity pools.
Sommelier Finance
Decentralized Finance
March 21, 2023 - Apr 25, 2023
Rated 4.9 on G2 & Capterra