GoSats is a bitcoin rewards application that enables users to earn cashback in bitcoin and other valuable assets like gold on their purchases from over 100 leading brands. By transforming traditional shopping into an investment opportunity, it addresses the need for consumers to accumulate wealth through everyday spending.
Funding
$6.2M 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.
AAFounders
Product
Problem
Traditional cashback programs offer limited value and often don't provide opportunities for long-term wealth accumulation. Consumers seek ways to make their everyday spending contribute to their financial future, rather than just receiving small discounts.
Solution
GoSats is a rewards application that allows users to earn cashback in Bitcoin (satoshis) and other assets like gold when making purchases from a network of partner brands. By using the GoSats platform, users can convert their regular spending into micro-investments in digital assets. The platform provides a Visa Platinum powered card that can be used anywhere, rewarding users with Bitcoin and gold on every transaction. GoSats also features SatsPay, which allows users to scan and pay with their earned rewards instantly.
Target Audience
The primary target audience is consumers in India looking for a way to earn Bitcoin and other valuable assets as rewards on their everyday spending.
Features
- Cashback rewards in Bitcoin (satoshis) and gold on purchases from 100+ partner brands.
- GoSats card powered by Visa Platinum for earning rewards on all transactions.
- SatsPay feature for instant redemption of rewards via scan and pay.
- Gift card purchases with up to 20% rewards in gold or satoshis.
- Rewards with lifetime validity.
- Option to withdraw rewards without withdrawal charges.