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Rainbet
case study
Advertiser

How Rainbet Got 100% of the Conversions at 10% of the Cost

10x
Conversion Efficiency
$3.06
CPM

Background

Rainbet was spending six figures per month on a major crypto ad network, hand-picking placements and paying $10–$20 CPM just because "premium sites" felt safer. The problem was that this strategy is basically expensive intuition. They suspected some placements were carrying the load and others were just messing up the spend.

Campaign

We ran a blunt test: give HypeLab 10% of their usual budget, and we'd aim to match conversions. Instead of manually curating sites, we used our ML placement optimization to distribute spend across the network, then aggressively reallocated the budget based on conversion signals. Not reputation, not CPM, not "this site looks legit."

Results

With 1/10 the spend, Rainbet matched conversion volume and unlocked a sharper truth about where performance actually lives. Over the past 3 months, the campaign delivered 100M+ impressions, an average CTR of 0.21% and CPM of $3.06. Some "obvious winners" weren't worth the premium, while overlooked placements quietly outperformed. Same conversions with less money and a clearer truth.

Rainbet campaign results

Why it matters

Crypto-native reach plus wallet-based precision finds real builders at the right moment. By meeting developers where they actually work and read, Rainbet turned ad spend into meaningful participation and ecosystem velocity - efficiently and authentically.

About Hypelab:

HypeLab is the top web3-focused advertising network helping hundreds of clients like Metamask, Circle, Uniswap, and more acquire real web3 users at scale. We have the largest quality inventory in the crypto industry and offer advanced targeting to reach your target audience. We empower web3 brands, protocols, dApps, and ecosystems the tools to scale sustainably and intelligently.

Looking to acquire web3 users at scale?
Get in touch with us today.

Contact our sales team.

Got questions or ready to get started? Our sales team is here to help. Whether you want to learn more about our Web3 ad network, explore partnership opportunities, or see how HypeLab can support your goals, just reach out - we'd love to chat.