Casa launched the new Sats App which along with managing the user’s lightning node, also contains a rewards programme where small amounts of bitcoin can be earned.
It has been devised to help newcomers in the cryptocurrency world to move forward after earning their very first bitcoin towards managing a lightning node with just one mobile app. Moreover, the rewards program will give tiny fractions of a bitcoin to these users called Satoshis. One bitcoin is made up of 100 million Satoshis.
Casa CEO Jeremy Welch said,
“Features are focused on increasing adoption of bitcoin and lightning nodes,…You will be able to earn bitcoin if you don’t have a Casa node, but you will be able to earn bitcoin faster if you have a node.”
The bitcoin security startup has launched several products since last September, including protective faraday bags and the Casa lightning node device. The startup has reportedly raised more than $3.5 million from investors such as Alyse Killeen, Castle Island Ventures, Boost VC and Compound, among others.
The existing customers will enjoy initial access to the new app this week. It will be available to all on the app store later this month.
“It’s a lightweight app but allows you to experience the full gamut – from earning your first sats to operating a full node from your phone. It’s private, secure and connects over Tor… We’re trying to make it easier for people to do that, self-custody.”
Welch’s vision is to provide users with easy ways to own and utilise bitcoin. Hence, together with his team, he is using crypto rewards and other user-friendly features to promote the cryptocurrency.
Casa also has an app for tech-savvy customers who want to protect significant amounts of bitcoin, called Keymaster.