Bitcoin Forum

Coinbates. Launching May 2019.

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I see this new platform that requires support and promotion. for that matter, is there a bounty pool available for imaging this project?

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Here you write the following: "Of course, cryptography not only offers a competing alternative to government currencies, like distributed books that violate both banking and payment systems." I do not quite agree with this statement. Crypto currency is only a means for earning Fiat. In the end, everyone needs Fiat.

I am sorry but we did not make any statement regarding "distributed books that violate both banking and payment systems."

Coinbates has a potential future for me. I like to see you have a product, crypto cashback ecommerce shopping. This should ensure people to join in this project. Great! I can't wait to participate in your bounty campaigns.

I think the founder of this project has a lot to understand about cryptocurrency, because you say it yourself, you joined cryptocurrency starting in 2010, it's a long time to understand cryptocurrency. hopefully success and many will appreciate your great work

How many of the stores you have used in the announcement have you got on board (with a proper contract)?

I'm also curious as to where the crypto for cashbacks will come from? Do the companies pay you in fiat for the referrals and then you convert this to crypto to pay cashback?

It certainly sounds like an interesting project (similar to TopCashback and other sites) and I'll certainly be keeping an eye on this one.

Thank you for your support. Yes, we need to spread the understanding of cryptocurrency into society so individuals embrace it for the right reasons.

the project is good but needs more effort for mass adoption from merchants ,do you have already partnered mechants in the catalogue?
i hope you get more adoption

What benefits does it offer for an average online shopper? For instance, being a bitcoin believer, I wouldn't want to use my debit/credit to purchase anything from a crypto project. Do you have an option to let me pay using just crypto?

Quarterly is a big gap. Not many people would like to wait this long.

The founder has a good history of cryptocurrency, but that doesn't have to be good, unless indeed the founder has delivered a project in the realm of success. The founder will have a name and many large companies will offer a job and at least the founder will be a new project advisor

First, you will never use your debit or credit card to purchase anything from Coinbates. All of the purchases happen on the merchants' websites. So as a bitcoin believer you now have another way to get BTC, and for the average online shopper, now they have a way to dip their feet into crypto while getting a discount on a purchase at the same time! A recent Gallup poll showed that 70% of Americans have heard of crypto and the majority of them believe that crypto will continue to rise in value, and yet only 5% stated they planned to buy any crypto. Why would that be the case? Because the barrier to adoption of crypto is still quite high, and that's where we come in, to lower the barrier with our frictionless and riskfree entryway into crypto.

Second, Ebates has been paying out fiat cashback quarterly to millions of  Americans for the past 20 years, so that would be enough to nullify your claim that 'not many people would like to wait this long'. That being said, we will work to compete with even Ebates on the payout time, it is a consideration of ours in improving the user experience of our flagship product.

I am a longtime lurker and yet I felt the need to register so I could comment on this project. Why this project? Well, I have been following this project since I first read about it on Nanode. I am a retail investor that has been staying as far away from ICO's as possible since this bear trend engulfed the crypto market. The truth is, this is the first ICO project I've come across that LITERALLY has a chance at attaining mainstream adoption. Not just the buzz word.... but this project has a good chance at capturing that ever elusive unicorn - adoption. Not to mention that if this project is successful (and you are a believer in cryptocurrency and it's claim to the future of currency as we know it), then this is the e-bates of crypto.  A company, which I'm not sure if you are aware, was sold in 2014 for 1 Billion dollars.  Yup, I want in on this project.  It may have a low floor, but the ceiling is insanely valuable.  I'm in.  Good luck!  

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Your project is very interesting and I am convinced that later many will support this project, hopefully in the future the project can go according to plan.

Thank you for expressing your support. We are excited to help push the story of crypto forward.

Hello to your project and the whole team! You here write that governments are prone to tyranny, and cryptography is a wonderful test against this fact. Let's see how you manage your project without tyranny :)
Tell me please, which citizens can take part in Coinbates?

And a hello to you from the team as well!


Residents of all countries can participate in the Coinbates token sale, excluding residents of Balkans, Belarus, Burma, Cote D'Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria, and Zimbabwe.

We will be ever mindful of the possibility of tyranny within ourselves, and to cease the possibility with due diligence. Thank you for the reminder.

Being able to get a cashback after making a transaction that are offered by Coinbates should be able to makes many people change their way of making a transaction.
And in the future it should be able to fully change the way of payment system.

Yes, and the cashback is paid out in the crypto of your choice. We support Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Nano, ZCash, Monero, Binance Coin, EOS, IOTA, XRP and of course our own token: BATES.

An excerpt from our Medium

"Our mission is to build products and services that help bring new waves of adopters into the crypto-sphere by leveraging existing behaviors and business models, while also educating entrants about the new economy and stimulating usage of the developing technologies among consumers and businesses."

Learn more: https://medium.com/coinbates/introducing-coinbates-and-our-mission-of-opening-crypto-to-everyone-1d30b8264af0

About this content of your announcement:

1. Create your Coinbates account, with just an email address and password.

2. Choose the cryptocurrency (we support 12 digital assets at launch) that you would like your crypto cashback rewards paid in by specifying your wallet deposit address.

3. Every time you click through from Coinbates and complete purchases at the websites (with a credit or debit card as usual) of our Supported Brands, your Coinbates account will be credited with your crypto cashback reward.

Please help me to clearly how you can take reward for buyer? ( feed back from supply or what?)
Another question is about safe. When  a people register an accuout, you only require email adress, how it can be safe?

Thank you for your questions!

The brands and retailers in our merchant catalog pay us a commission (in fiat) for sales that we send them. We take  a large portion of that, and convert it into our users' chosen crypto for payout. It's not paid out from inflation from our token supply, the reward is paid by the merchant.

Yes, we only require a verified email address to get started, but we will have an optional Google Authenticator 2FA integrated before any kind of withdrawals or transfers go live. You will be able to secure your Coinbates account with the same level of security offered even by Binance.

Yes i took a look and this is a very good start esp partnership with big names like microsoft .

And more on the way!

Our mission is to help drive mass adoption of cryptocurrencies in the marketplace

During Phase I of our initiative, our goal is to help increase the number of cryptocurrency users globally.

By issuing crypto in the form of a rebate, we relieve the financial and technical pressure associated with crypto investing today.

This offers new entrants an opportunity to enter the space with a mindset that lets them freely explore the developing technologies and ecosystems.

Ultimately, we aim to increase the consumer and business participants in crypto by leveraging existing business models, behaviors and networks, while educating new entrants about the rapidly emerging new economy enabled by cryptocurrencies and distributed ledger technologies.

Learn more about Coinbates and our growth initiative in the Phase I whitepaper. (https://www.coinbateslaunch.com/coinbates-whitepaper-final-v1.0.pdf)

I have dived deep into inspecting this project since it was announced. And I must say I am intrigued. You have a working product with immense room for growth. A wonderful foundation for a fantastic business. The Ebates of Crypto. I can see many millions of people being introduced into crypto for the first time because of Coinbates. This is the right way to grow the crypto market. Think about it, a person will have to learn how to use a wallet once they get their crypto in cashback from Coinbates.

Then they will have to learn how to transfer to an exchange and sell. And eventually they'll be reading Satoshi's whitepaper themselves! Just kidding, no, but seriously, I think this has the potential to open up Bitcoin and crypto to a massive audience.

Might even be a catalyst for a bull run.

I will be sending this to my friends tonight.


By the way, where is the team located?

Thank you for comments and expression of support! The team is located in the United States, with representatives in Europe. We are registered in both the United States and in Estonia, our Estonian subsidiary is responsible for the issuance and administration of the BATES token, while the U.S. entity handles the crypto cashback business.

What does crypto cashback ecommerce shopping entail exactly? When you spend money online you get money back?

That's exactly right. And in this case, the money you get back is the crypto of your choice. We support 12 digital assets today. Our launch site has all the details: https://www.coinbateslaunch.com/

I think you need to pay attention to visual interpretation in order to attract a large audience. I wish you success

Your suggestion is welcome but it needs elucidation, please feel free to develop your thoughts further.

Thank you for not leaving your question unanswered. I live in the Russian Federation, and to the best of my ability and free time, I will follow the development of your project.

Thank you, Anatoly.  We invite you to enter the conversation in our Telegram, Twitter and Medium channels:

Telegram: https://t.me/coinbates
Twitter:  https://twitter.com/coinbatescrypto (https://twitter.com/coinbatescrypto)
Medium: https://medium.com/coinbates

We look forward to your participation.

Hi. What will be the discount during the first days of the ICO and will there be any at all?

There will be discounts, and they will  be announced shortly before the token sale begins.

Also pulling the project with a bonus will certainly attract more investors to join this project, hopefully the project will reach its target.

Thank you for the information. sorry sir what is the uniqueness of this platform compared to other platforms? What kind of benefits for users?

Read more about the uniqueness and benefits of Coinbates' crypto cashback shopping at this recent Medium post we published: https://medium.com/coinbates/crypto-cashback-shopping-from-coinbates-our-first-weapon-of-mass-adoption-35d130de3abf

Also, I would love to know which platforms you are comparing us to.

Clear, concise and focused whitepaper. Absolutely no bullshit, which is a welcome refresher.

Beautiful branding, perfect name, smooth as butter user experience. Team with just the right experience to do what they plan to do.

I love that you have a working product and usable token from day one. Almost a miracle in ICOs, or maybe it is a sign that the crypto market is maturing, with serious entrepreneurs with sound business and token models entering the space.

I support Coinbates and will be following your progress. I think that $14M is actually undervalued for this project, especially since if Coinbates becomes the Ebates of Crypto, it would be like Billion Dollar Coin (50X returns).

The word is spreading! We've surpassed 100 members in our Telegram today. Enter the conversation: https://t.me/coinbates

I was sure after seeing your Telegram, you would have 15,000 fake people in it like a lot of these disingenuous projects I see often. I was pleasantly surprised to see only a reasonable number of people following your project. I'm sure it will be growing rapidly when everyone finds out about this.

Is your token going to be labeled a security?

Have you had a security audit of your prototype? I've seen a lot of slick looking stuff rendered almost useless because it wasn't built with security in mind.

It's important to us to build a real and lasting community that resonates with our vision, thank you for expressing your support!

We are certainly security minded, and are naturally versed in the adversarial thinking native to crypto. We have both inhouse expertise for securing our systems, and we  consult  with 3rd party security experts from time to time on certain aspects.

This project is amazing. I am sure if you launched last summer you would've raised $50M-100M ICO! These are some amazing mainstream brands already available on Coinbates. I'll be using this, also going to refer it to some friends who I know already shop at stores like Bodybuilding.com, GNC and Calvin Klein.

A lot of people have heard about crypto in the past year but people are scared to jump into buying since the crash, even though this is the best time for them to buy in. I definitely think we are bottoming out…. Anyways, great project, makes me excited for crypto again. I'll be a BATES token buyer.

I wasn't even aware you guys were doing a referral program. What are the incentives?

Visit our website to get started: https://www.coinbateslaunch.com/

I stopped at https://medium.com/coinbates . Then I went to the page in Omar, where he told me about the mission. Our mission is to open cryptography for everyone. Especially for those who need it.

Is your marketplace operational after ICO? What will happen if you will not achieve your ICO targets? Will it affect the development of your marketplace?

This is a great question. Coinbates is operational today, in beta. Regardless of the outcome of ICO, we will continue to develop, promote and expand the project.

What’s wrong with the industry that you want to change it? How do you think you’ll be able to do that?

You have any bounty's? You need a Vietnamese translation?

We will announce translation bounties at a later date.

I imagine you guys will have to spend heavily on marketing after launch. Do you have a firm in mind or will you try to handle it in house?

We will handle it in house (we already have experience managing multi-million dollar digital marketing campaigns) and also augment with outside firms.

There is a preview or prototype of the Coinbates platform that I can get my hands on now?

Of course, go to https://www.coinbateslaunch.com/ and click Launch beta. :)

Will there be masternodes since this is a decentralized platform? How many tokens do I need to run a masternode?

These concepts are not relevant to the project.

Does this mean Coinbates won't be decentralized?

Architectural decentralization for this project does not make sense at this present time, and we are not going to disingenuously force decentralization into the model like other projects have, just to be more appealing on the surface of things. If decentralization becomes a sensible possibility for Coinbates, we will transition to it, similar to Binance.

We promote decentralization through actually using the distributed ledger networks for payments, in fulfilling crypto cashback.

Yes, the core team have worked together before on high volume performance marketing campaigns, at Adlab, for both large and small brands.

We are live on /r/cryptocurrency!

Join the conversation: https://www.reddit.com/r/CryptoCurrency/comments/9c305r/the_ebates_of_crypto_is_now_live_introducing/

Do you think people who are less versed when it comes to tech will be able to use your platform?

Do you have any videos that explains how Coinbates works?

Do you have an option to let me pay using just crypto?

I'm assuming it won't be possible to use your platform without owning your tokens?

This is the kind of person that we are building this for. Even those less versed in tech are familiar with ecommerce, especially in the United States, with 70% of the adult population engaging in digital shopping.  

Our model is a perfect vehicle to help onboard a much wider audience into the crypto sphere.

You can use Coinbates without owning any BATES. Our base accounts are free. If you would like to earn more crypto cashback at our merchants, then you will have to acquire BATES to purchase a Premium or Maximum membership.

after I read from above it turned out that this project was interesting and there were also many advantages that were not available in other projects but all of them were in this project. Hopefully, it can attract many investors to join this project.

Thank you for expressing your support!

"Call it the Internet of Value. Call it Satoshi’s dream. Whatever you call it, realize that it is just getting started."

Learn more about our Mission at https://medium.com/coinbates/introducing-coinbates-and-our-mission-of-opening-crypto-to-everyone-1d30b8264af0

Hello dev, reserved for indonesian translate
Let me know, if you interest
thank's you.

Hi reserved for Germany

Thank you, we are accepting more reserverations for translations now.

Join our telegram: https://t.me/coinbates

let me know, if you need germany version just reply this qoute
thank's.

Hello admin,
We added your project Coinbates to our listing - https://topexperts.io/ico/coinbates