Case Study: Mode Mobile achieves 3x more crypto reward reveals with Alchemy Smart Wallets

Mode Mobile boosts crypto reward success 3x with Alchemy

Mode Mobile, a company providing a smartphone rewards app, faced challenges in distributing crypto rewards to its international user base. Their initial web3 solution created significant friction, particularly an email verification step that caused a 70% drop-off rate. They turned to Alchemy to find a better way to distribute these rewards seamlessly.

By implementing Alchemy's Smart Wallets, Mode Mobile was able to completely redesign the user experience. They eliminated the email verification requirement and enabled invisible backend authentication. This solution resulted in a 3x improvement, increasing the successful reward reveal rate from 30% to over 90%, while also reducing the processing time from 30 minutes to just 3 minutes.

Mode Mobile