WalkABit. Official Launch in Barcelona

Top Quote WalkABit has officially launched the development of a revolutionary mobile application that lets you earn while traveling or using services that you’re already using! End Quote
  • (1888PressRelease) February 02, 2019 - WalkABit has officially launched the development of a revolutionary application for mobile devices, that will allow travelers to earn money as they travel in the form of a cashback. It will allow users of the application to receive information about sights to see, places to visit and where to earn cashbacks as they explore cities on their holiday.

    The main aim of the application is to present travelers with a way to enjoy and earn as they go. Of course, residents/locals are also able to take advantage of the application. Not only is this interesting for the users of the application, but also the network of connected companies that offer services, food/drinks, hotels and so forth – as it will generate exposure for their brand and attract additional visitors/customers.

    So what makes it revolutionary? The cashbacks collected through the app, will be earned in the form of cryptocurrency making it a unique combination. Unifying the technological advancement of cashback and blockchain with travel and exploration. As reports show, cashback is growing worldwide and has become widely known and accepted. WalkABit will help consumers by combining what travelers love – walking around in beautiful cities and earning money while they do it.

    The project has kicked off and a team of developers is building the first iteration of the app which will become available on Android and iOS. With the first launch of the application taking place in Barcelona, one of the most touristic cities in Europe, the feedback has been great so far and the expectations are high. Local vendors, tourist attractions, hotels, restaurants are appealed by the idea and are keen to get on board. WalkABit is aiming at launching Barcelona with more than 60 restaurants and services available and grow partner base by 20-40% monthly to reach over 250 partners by the end of 2019.

    The application will be launched through the app-stores but additionally an extensive marketing campaign aimed at tourists as well as residents of Barcelona will rapidly allow a user-base to be built up, which will generate additional revenue for onboarded vendors.

    Looking to launch the application in April this year, WalkABit has already set its aim at expanding to other cities across Europe and is planning to have the app launched in at least 6 major cities in Europe within this year. With the first three expansions taking place in London, Berlin and Paris.

    Currently closing pre-seed round, WalkABit is looking forward to this exciting journey and is planning to start a seed round of expected 350 000€ + in February 2019.

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