Hello, where could I purchase and sell BIT?
You can purchase BIT at https://bitrewards.network/. There is no way to sell it as token sale isn't finished yet.
|
|
|
Minimum number of bits i need to buy? As i can invest only 0.1 eth
Minimum amount to buy is 1000 BIT which is about 0.03472 ETH so 0.1 is enough.
|
|
|
I did not received my tokens from airdrop is it because i forgot to do kyc
You don't need to do KYC to get your airdrop tokens. You'll get them soon.
|
|
|
What is the price of the token ?
The current price is 1 BIT = 0.00003472 ETH. It is valid till the end of crowdsale.
|
|
|
in your solution, AI-based predictive analytics will be available. Do you allow the use of neural networks?
Using neural networks is one of the popular methods for building recommender systems. We will certainly evaluate neural networks among other methods, including user-similarity-based methods, content-similarity-based methods, topic modeling, collaborative filtering, etc. The final solution most likely will combine several approaches in it.
|
|
|
How you are planning to increase your merchant base
BitRewards has strong competitive advantages in comparison with other loyalty systems: - Free of charge - Simple installation which doesn't require technical expertise - Access to a large number of loyal customers of partner retailers in the BitRewards Following the current trend, the focus in promotion of BitRewards Network will be made on content marketing, which will push the message to merchants that the BitRewards Network offers much more than any competitor can offer, and moreover it’s for free.
|
|
|
When we gonna have our tokens? I waiting for so long...
Token distribution has been started so you'll get your tokens soon if you've passed KYC.
|
|
|
It's been 1 month since my kyc approved. What's happening here admin? Is there no system to distribute tokens?
Tokens are still being distributed. Please wait for email to confirm your withdrawal address.
|
|
|
Hello. Can you please share your marketing and sales strategy? It is really interesting thing to know
Hi, No, we won't like to share it publicly as ICO market is a competitive space. However, some details may be shared already. We pursue a weighted strategy with regard to the online marketing campaign, so we've split it into three stages: - collection of analytics, targeting, key audiences - testing of segments in different countries, content adaptation, creatives and formats testing - full-scale ad coverage and targeting in chosen countries
|
|
|
What can AdHive give you?
Hi! Good question! In accordance with our partnership plan, BitRewards will give AdHive access to thousands of e-commerce businesses connected to the BitRewards platform (almost 5,000 to be connected by 2021). This opens up a wide range of opportunities for working with large advertisers and brands that are interested in a high-tech solution from AdHive.
|
|
|
Early I used to work with Savedroid. What's different between BitRewards and Savedroid?
Hello! Savedroid focuses on savings in cryptocurrencies and plays on the B2C field. Basically, they take a % from your bank account, convert it to various cryptocurrencies and that's pretty much all. We focus on bringing blockchain & cryptocurrency to loyalty space and play on the B2B2C field. We bring merchants a top quality loyalty software, which rewards their customers with crypto. Users will be incentivized by shops with our cryptocurrency BIT for purchases, for friends referred, product reviews, video reviews, bug reports, likes, shares, etc. So we have almost nothing in similar with that project.
|
|
|
I've herd you have some kind of system called bitrecommendations. what's that?
All merchants get access to the AI data analysis system. We call this BitRecommendations, which automatically recommends actions and rewards that are incentivizing the most productive behaviour of the customers for every particular merchant.
|
|
|
Good day! Can I send eth from exchange wallet to partake in ico?
Hello! Yes, you can. As far as we accept only ETH or BTC, you may need to buy them for any fiat currencies at crypto-exchanges. While processing the exchange or transfer operation, please, specify the receiving/destination ETH or BTC wallet address provided in your personal online cabinet. Once the transaction is completed, the corresponding amount of tokens will be allocated to your personal account. Notice that exchanges and payment/transfer services may apply some additional fees - please, estimate the amount of your transfer accordingly.
|
|
|
How you are planning to increase your merchant base.
Hello! BitRewards has strong competitive advantages in comparison with other loyalty systems: - Free of charge - A simple installation which doesn't require technical expertise - Access to a large number of loyal customers of partner retailers in the BitRewards Following the current trend, the focus in the promotion of BitRewards Network will be made on content marketing, which will push the message to merchants that the BitRewards Network offers much more than any competitor can offer, and moreover it’s for free.
|
|
|
Hey! I have a question. Why is BIT based on ETH?
Hello, Rabitha! We use some specific of Etherium-like smart contracts based on an open source. That provides us do our platform free for merchants.
|
|
|
Btw what do you think about loyalty market in general, are there any problems?
There are some problems we want to solve: Account inactivity Low redemption rates Increased costs for customer service Low motivation by offered rewards You can learn more about it in the whitepaper https://bitrewards.network/wp.pdf
|
|
|
hi everyone, any plans to create the development fund?
Hi! Unlike many other blockchain startups, we anticipate that only 27% of the total costs will be spent on product development because a lot of essential components of the system have already been developed and tested. The funds that we raise beyond the soft cap will be invested in sales marketing activities, which will help us sign up more merchants more quickly, creating a stronger network effect and delivering the product features faster. Additional funds will also be used for the opening of new geographical markets faster.
|
|
|
Hey. Is your cryptocurrency compatible with bonus programs only? It seems to me that it’d approve itself in affiliate networks.
Hi Bobtong, in this regard, it brings together best practices from both bonus programs and affiliate networks.
|
|
|
Are tokens locked before listing? If not, it can be very bad for post-ico price
Hello yes, tokens are locked until the end of sale (31st of May)
|
|
|
|