sMiles is a platform that utilizes the Lightning Network to facilitate micropayments in Bitcoin, rewarding users with Bitcoin for everyday activities such as walking, shopping, and completing surveys. By providing instant withdrawals and a user-friendly experience, sMiles addresses the need for accessible cryptocurrency rewards in daily life.
Funding
$250K 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
Many users are not actively engaged with cryptocurrency due to the perceived complexity and lack of tangible incentives in their daily routines. Existing methods for earning cryptocurrency often require specialized knowledge, significant upfront investment, or are disconnected from everyday activities.
Solution
sMiles is a mobile application and browser extension that rewards users with Bitcoin for completing everyday activities, such as walking, shopping, and playing games. By integrating with the Lightning Network, sMiles enables instant withdrawals of earned Bitcoin, called "sats," to any compatible wallet. The platform also features a "Bitcoinverse" where users can earn additional rewards by visiting partner locations and interacting with NFC tags. sMiles aims to make Bitcoin accessible and engaging for a broader audience by gamifying the earning process and connecting it to routine behaviors.
Target Audience
The primary target audience includes individuals new to cryptocurrency who are looking for easy and engaging ways to earn Bitcoin, as well as existing Bitcoin users seeking to passively accumulate sats through everyday activities.
Features
- Bitcoin rewards for steps tracked via Google Fit or Apple HealthKit
- Cashback in Bitcoin for shopping at partner stores through the mobile app and browser extension
- Bitcoin rewards for playing arcade games, chess, and other games within the app
- Surveys and other offers that pay out in Bitcoin
- Instant withdrawals to any Bitcoin Lightning Network wallet
- User profiles and a global leaderboard for social competition
- "Bitcoinverse" feature that rewards users for visiting partner locations and interacting with NFC tags
- Browser extension that automatically finds and applies Bitcoin cashback offers while shopping online