Earn Bitcoin While Walking with sMiles App
- The sMiles app allows users to earn Bitcoin by engaging in everyday activities like walking, shopping, and visiting real-world locations.
- The app’s latest feature, Bitcoinverse, resembles Pokémon Go and uses a map to direct users to specific locations where they can find hidden rewards of satoshis, which are small units of Bitcoin.
- While currently available to 140,000 users in major cities across the US and Europe, the app is not yet accessible in the Philippines and other countries.
sMiles, a mobile app that launched in 2020, lets users earn Bitcoin for walking, shopping, and visiting real-world locations. The app’s latest feature, Bitcoinverse, uses a map to show users where to find satoshis, small units of Bitcoin.
Find more articles in the BitPinas – Bitcoin series for 2023:
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- Bitcoin in the Philippines: Adoption, Regulation, and Use Cases
- Bitcoin in the Philippines: Adoption, Regulation, and Use Cases
- Understanding Bitcoin: What is it, How it Works, and Why it Matters
sMiles App: Earning Bitcoin while on the Move
Developed by Startup StandApp, sMiles is an app that uses the Bitcoin Lightning Network to let users earn cryptocurrency for doing simple everyday things like walking, running, biking, playing games, or watching videos.
Where is it accessible?
According to Berezovsky, sMiles’ new feature is rolling out to 140,000 users. Reward locations are concentrated in major cities across the US and Europe, such as downtown Chicago and Kansas City–the app is not yet available in the Philippines and other countries.
Moreover, Berezovsky shared that sMiles plans to expand its functionality with features like in-store deals and surveys to engage users and benefit brands. The goal is a self-sustaining ecosystem that rewards players and points users to brands.
“The black box of traditional advertising, where nobody knows what the margins are [and] what does and does not work, will be changed… As people have a natural sense of gratitude, the Bitcoinverse ecosystem strengthens the loyalty bond between brands and customers,” Berezovsky told Decrypt.
In the Philippines, over 400 small businesses are now accepting Bitcoin payments, key cities such Cebu City, Dumaguete, Iloilo, and Bacolod City are now open to accept the cryptocurrency.
Bitcoinverse: A Unique Feature of sMiles App
Through the Bitcoinverse, the latest feature added to the sMiles app, which resembles a Pokémon Go as it uses a map to direct users to real-world locations where they can find secret stashes of satoshis. Users can claim the reward by following a big, orange Bitcoin logo. The rewards paid out via Bitcoin’s Lightning Network.
“We at sMiles strongly believe that Bitcoin is the best loyalty tool possible… It will never expire, has a deflationary appeal to young and tech-savvy users, and in our case a powerful Lightning Network backend for instant micropayments,” sMiles co-founder Ig Berezovsky stated.
Bitcoinverse is sponsored by advertisers who can promote their business by sponsoring locations on the map.
Where is it accessible?
According to Berezovsky, sMiles’ new feature is rolling out to 140,000 users. Reward locations are concentrated in major cities across the US and Europe, such as downtown Chicago and Kansas City–the app is not yet available in the Philippines and other countries.
Moreover, Berezovsky shared that sMiles plans to expand its functionality with features like in-store deals and surveys to engage users and benefit brands. The goal is a self-sustaining ecosystem that rewards players and points users to brands.
“The black box of traditional advertising, where nobody knows what the margins are [and] what does and does not work, will be changed… As people have a natural sense of gratitude, the Bitcoinverse ecosystem strengthens the loyalty bond between brands and customers,” Berezovsky told Decrypt.
In the Philippines, over 400 small businesses are now accepting Bitcoin payments, key cities such Cebu City, Dumaguete, Iloilo, and Bacolod City are now open to accept the cryptocurrency.
This article is published on BitPinas: Earn Bitcoin While Walking with sMiles App | Not Yet in PH
Disclaimer: BitPinas articles and its external content are not financial advice. The team serves to deliver independent, unbiased news to provide information for Philippine-crypto and beyond.
