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[Customer Interview] “BitWalk” Monetization Case Study Publication

2026年03月25日

[Case Study] Utilizing SKYFLAG to Boost Next-Day Retention by 20%: What Is BitWalk’s Growth Strategy for Maximizing Ad Revenue?

Strengthening Retention and Solidifying Revenue Through Recommended Rewards and the User Segment Optimization Feature

Skyfall Inc. (Headquarters: Minato-ku, Tokyo; CEO: Tomokazu Hasegawa; hereinafter “Skyfall”) is pleased to announce that its reward marketing platform, “SKYFLAG,” has been implemented by “BitWalk,” an application operated by Paddle Co., Ltd. (Headquarters: Shibuya-ku, Tokyo; CEO: Haruhito Ide), and that the results have been published.

Background of the SKYFLAG Implementation

BitWalk is an application launched in 2022 that allows users to earn Bitcoin simply by walking. It provides users with an experience to take their first step into asset management with zero initial capital.

As the application grew, maximizing revenue through ad monetization and improving the efficiency of the operations framework became key challenges. As the next step, the company implemented “SKYFLAG” in May 2025, drawn by its ability to efficiently maximize revenue while reducing operational workloads.

Objectives of the SKYFLAG Implementation

  • Reduction of operational workloads and optimization of resources.
  • Maximization of revenue in ad monetization.

Challenges Before the SKYFLAG Implementation

  • Improvement of next-day retention and 7-day retention rates.
  • Insufficient awareness of and transitions to advertising offers (ads).

Results After the SKYFLAG Implementation

Following the implementation of “SKYFLAG,” ad revenue has trended strongly, contributing significantly to the construction of a robust revenue foundation. In particular, by utilizing “Recommended Rewards,” the transition rate to offers—which had previously been a challenge—improved, leading to the maximization of revenue.

Furthermore, through the “User Segment Optimization Feature” tailored to user behavior characteristics, combined with creative innovations leveraging the company’s in-house characters, the next-day retention rate of users who transitioned to “SKYFLAG” increased by over 20% compared to non-visiting users. The platform has been highly praised for its ability to balance both user retention and profitability.

Recommended Rewards Revenue Depiction

Achievements After Implementation

  • Maximized revenue through proactive promotion utilizing Recommended Rewards.
  • Achieved a +20% increase in the next-day retention rate of SKYFLAG users compared to regular users.

We interviewed the team regarding how “BitWalk” maximizes revenue while improving user retention rates through the utilization of “SKYFLAG,” as well as the flexibility of “SKYFLAG” to effectively promote specific offers (ads), and the concrete effects achieved with Recommended Rewards and the User Segment Optimization Feature.

For details, please read the full interview text.


・Case Study Interview: https://skyflag.info/case-post/case-2-en/
・Request Materials for “SKYFLAG”: https://skyflag.info/document/

Consulting Support After the SKYFLAG Implementation

Images: Regular Meeting
Numerical Analysis

At “SKYFLAG,” dedicated representatives provide continuous monetization support to companies even after implementation. We deliver comprehensive, end-to-end support by analyzing everything from revenues generated within “SKYFLAG” to user trends, reporting these findings at regular meetings, and proposing subsequent measures.

Data Analysis Regarding SKYFLAG Products & Users

Images: Data Analysis
Verification Process Depiction

With the goal of maximizing monetization for companies that have implemented the platform, “SKYFLAG” performs data-driven verifications, analyses, and development to continuously propose new features and expand functionalities.

About “BitWalk”

BitWalk is a reward-earning and healthcare smartphone application that allows users to receive Bitcoin through daily walking. Linked with a pedometer, stamps are accumulated every 250 steps, and a small amount of Bitcoin can be acquired in exchange for these stamps. Requiring no specialized knowledge or initial investment, it allows users to experience crypto assets simply by walking. The accumulated Bitcoin can also be transferred to a crypto asset exchange for management or cashing out.

About “Paddle inc”

Headquarters Address: WAVE Shibuya 4F, 2-25-3 Higashi, Shibuya-ku, Tokyo 150-0011
Representative: Haruhito Ide
Established: November 25, 2016
Corporate Website: https://www.paddle-inc.jp/

About “SKYFLAG”

“SKYFLAG” is a reward marketing platform that prioritizes user experience.
It has established a unique model leveraging rewards and provides comprehensive marketing support across monetization, promotion, and research.

About “Skyfall”

Company Name : Skyfall Inc.
CEO : Tomokazu Hasegawa
Address : (Tokyo Head Office) 19F Midtown Tower, 9-7-1 Akasaka, Minato-ku, Tokyo
: (Niigata Office) Nippon Life Insurance Niigata Building 7F, 2-4-10 Higashiodori, Chuo-ku, Niigata-shi, Niigata
Business Description : Reward Marketing Platform Business / Other
Number of employees : 200 (As of the end of December 2025)
Established : October 2017
Capital : 79,393,750 yen
Website : https://skyfall.co.jp/

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