Coinmiles enables users to earn Bitcoin rewards on everyday purchases made through their platform. The service integrates with various merchants, allowing customers to accumulate cryptocurrency directly from their spending. This platform provides a straightforward mechanism for passive Bitcoin accumulation through existing retail transactions.
Funding
$970K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional cashback programs often provide rewards in fiat currency, which may not appeal to users interested in cryptocurrency or seeking exposure to Bitcoin's potential upside. Existing corporate perks platforms may lack innovative reward options tailored to modern lifestyles and preferences.
Solution
Coinmiles is a Bitcoin rewards platform that allows users to earn Bitcoin back on online and in-store purchases, as well as travel bookings. Users can earn Bitcoin rewards by shopping through the Coinmiles app or website at over 1,000 participating brands and 900,000 hotels worldwide. The platform also offers Coinmiles+ for Business, a corporate perks program that enables companies to provide their employees with Bitcoin, cash, or Amazon rewards. Coinmiles facilitates partnerships between brands and users, enhancing customer acquisition and engagement through a structured ecosystem of Bitcoin-based reward systems. Users can also earn Bitcoin by purchasing virtual gift cards within the app for immediate use online or in-store.
Target Audience
Coinmiles targets individual consumers interested in earning Bitcoin rewards on everyday purchases, as well as businesses looking to offer innovative and engaging perks to their employees.
Features
- Bitcoin rewards on purchases at over 1,000 online and in-store brands.
- Bitcoin rewards on hotel bookings through Coinmiles Travel.
- Coinmiles+ for Business platform for corporate perks and employee rewards.
- Virtual gift card purchases within the app to earn Bitcoin instantly.
- Mobile app available on iOS and Android.
- Integration with Slack and other team communication platforms for business users.
- HRIS integration for easy onboarding of employees to Coinmiles+ for Business.
- Airdrop functionality for gifting Bitcoin rewards on special occasions.