Focused on on-chain behavior and targeted active DeFi users, thereby efficiently scaling platform usage while maintaining a low cost per transaction.
Rubic, a decentralized finance (DeFi) platform, launched a user acquisition campaign through the Blockchain-Ads advertising network. The goal of the campaign was to significantly increase platform activity, including transaction volume and Total Value Locked (TVL), by leveraging Blockchain-Ads' advanced Web3 targeting tools. By focusing on on-chain user behavior, Rubic aimed to attract high-value users to engage with its DeFi services.
The campaign was conducted over a 180-day period with a budget of $90,000. Rubic's agency partners used Blockchain-Ads to target users who were active participants in DeFi protocols and had a history of engaging in transactions on decentralized platforms. The focus was on increasing both the Total Value Locked (TVL) on the platform and the number of transactions carried out by users.
Rubic's agency partners used these blockchain-ads Web3 targeting parameters to optimize their user acquisition campaign:
The campaign used a Cost per Transaction (CPT) model, allowing Rubic to manage its ad spend effectively while ensuring that the platform only paid for actual, valuable transactions. This approach helped maintain profitability while driving meaningful engagement on the platform.
The campaign delivered strong results, significantly boosting Rubic’s platform metrics:
These results reflect the effectiveness of Blockchain-Ads' advanced targeting, which enabled Rubic to attract and retain high-value users within the DeFi space.
Rubic’s user acquisition campaign through Blockchain-Ads was a resounding success, leading to significant growth in TVL and transaction volume. By focusing on on-chain behavior and targeting active DeFi users, Rubic was able to efficiently scale its platform usage while maintaining a low cost per transaction. This case study highlights the potential of targeted Web3 advertising for driving growth in the DeFi space and demonstrates Rubic’s ability to attract and engage high-value users through data-driven marketing strategies.
Rubic Finance
User Acquisition Campaign
Cryptocurrency
2024
Targeted DeFi user acquisition campaign for Rubic using Blockchain-Ads
Rated 4.9 on G2 & Capterra