Rewarded ads are a type of ads that prompt users to complete different actions in exchange for rewards within the app or website. For example, these can include in-app currency, coupons, or cash rewards.
There are two main types of rewarded advertising on mobile:
Rewarded ads are an opt-in ad format that users actively choose to engage with. This makes them significantly less intrusive than traditional ad formats.
By using rewarded ad formats to monetize apps, publishers typically see higher retention rates, increased in-app purchases, and superb ad revenues, all while maintaining a positive UX. On the other hand, advertisers like them because they bring in quality users and they only pay for completed actions.