BTCW:CC - Bitcoin Well Announces Release of Bitcoin (Wishing) Well - A Revolutionary Bitcoin Rewards Incentive Program
(TheNewswire)
Edmonton, Alberta – June 13 , 2024 – TheNewswire – Bitcoin Well Inc. (“ Bitcoin Well ” or the “ Company ”) ( TSXV: BTCW; OTCQB: BCNWF ), the non-custodial bitcoin business on a mission to enableindependence, today announces that it has launched its Bitcoin(Wishing) Well to reward loyal customers and encourage customeractivity.
The Bitcoin (Wishing) Well is like a bitcoin dispensermixed with a retro 90’s look and feel. Bitcoin Well customers canredeem Bitcoin Well points (earned by being an active user) to “tossa coin” into the Bitcoin (Wishing) Well (“ Coin Tosses ”). EachCoin Toss is guaranteed to earn the customer at least 500 sats(roughly equivalent to $0.50 at today’s bitcoin prices) and has achance to win 1,000,000 sats (roughly equivalent to $1,000). You canread more about the Bitcoin (Wishing) Well on the Company’s blogpost at https://bitcoinwell.com/blog/how-to-earn-bitcoin-with-bitcoin-well .
“This is so much more than your average rewardsprogram,” said Adam O’Brien, founder and CEO of the Company.“The Bitcoin (Wishing) Well hits a few key pieces that I think willpropel Bitcoin Well into its next phase of growth. Most importantly,this rewards program is uniquely positioned to identify with theculture of our key demographic - a key to any great marketing strategyin 2024. We now have a gamified rewards program that is fun andrewarding, but most importantly is heavily branded andidentifiable.”
The Company plans to sponsor livestreams and videopodcasters who will play the Bitcoin (Wishing) Well game, and theiraudience will be able to redeem the bitcoin rewards. We are hopefulthat the audience will want to continue playing and will sign up toBitcoin Well in order to do so. The Company believes this willaccelerate signups and activity on the Bitcoin Portal.
Since the release of the Bitcoin (Wishing) Well latelast week, the Company has seen over 350 Coin Tosses.
About Bitcoin Well
Bitcoin Well is on a mission to enable independence. Wedo this by making bitcoin useful to everyday people to give them theconvenience of modern banking and the benefits of bitcoin. We callthis future-proofing money. Our existing Bitcoin ATM and OnlineBitcoin Portal business units drive cash flow to help fund thismission.
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Bitcoin Well contact information
For additional investor & media information, pleasecontact:
Adam O’Brien
Tel: 1 888 711 3866
Neither TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of thisrelease .
Forward-lookinginformation
Certain statements contained in thisnews release may constitute forward-looking information, which isoften, but not always, identified by the use of words such as"anticipate", "plan", "estimate","expect", "may", "will","intend", "should", or the negative thereof andsimilar expressions. All statements herein other than statements ofhistorical fact constitute forward-looking information including, butnot limited to, statements in respect of Bitcoin Well’s businessplans, strategy and outlook. Forward-looking information involvesknown and unknown risks, uncertainties and other factors that maycause actual results or events to differ materially from thoseanticipated in such forward-looking information including, but notlimited to, the risk factors described in Bitcoin Well’s annualinformation form and management’s discussion and analysis for theyear ended December 31, 2023. Forward-looking information should notbe unduly relied upon. Anyforward-looking information contained in this news release representsBitcoin Well’s expectations as of the date hereof and is subject tochange. Bitcoin Well disclaims any intention or obligation to reviseany forward-looking information, except as required by applicablesecurities legislation.
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