Are the tokens of management and advisers have some lock-in-period or not
Hello. Yes, there will be a 6 month look up period for the team |
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Hello everyone, tell me when the ICO ends and how much Hard Cap the project has.
Hello ICO ends on 9th of May Our hardcap is $15 mln Our softcap is $3 mln |
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Can I buy less than 1000 tokens?
Hello No, the minimum amount is 1000 |
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Hey tell me how can markspace benefit you?
Thank you for the question! Since MARK.SPACE enables companies to sell digital content like music, videos, books, images as well as real merchandise in MARK.SPACE Shopping District, a virtual commercial space with the limited number of units, BitRewards will supply those e-commerce businesses with the cutting-edge loyalty software, thus increasing sales and driving the profits up. |
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when the ico will ends?
Hello Tresetya! ICO ends on the 9th of May |
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Good morning, How will your platform’s source code be protected? I am afraid that if an intruder gets an access, it may have a negative effect on overall security of the platform.
Good morning! What do you mean by protecting the source code? We plan to fully open source our platform. |
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Early I used to work with Savedroid. What's different between BitRewards and Savedroid?
Hello, Feltana! 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. |
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please tell me Is bitrewards POW or POS?
Hello! Good question! Our token is based on the Ethereum blockchain. So we can't say that BitRewards itself is either PoS or PoW. Meanwhile, Ethereum currently is PoW, with a probability to switch to PoS in the future. |
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The only problem I have with that is that it defeats the purpose of a loyalty program since you're not binding the customer to your store. One can simply go to another one in the BIT network?
Hello! Please understand that it’s not that straightforward. It depends a lot on the specific settings for every merchant. We are combining the rewards that you can use only in the given store with the incentives that stimulate better than points to buy and refer friends Think of a blogger who posted a link to a store’s product to his followers incentivized by a chance to earn crypto on their purchases. She wouldn’t have done so for the points. We are offering the solution which will mix both internal points and open-loop crypto rewards to achieve the maximum efficiency Also, don't forget that crypto rewards would be a great attractor of sales for any shop. People would love receiving crypto-cashback and other crypto-rewards, so they would be more at the shop offering them. That's another piece of value that we bring to e-commerce. |
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What about freezing the tokens on the account of the buyers for some time? I think they wont be against this ‘cause the tokens’ price will grow during this period of time.
Hello! The probable appreciation of BIT encourages customers to save their tokens instead of redeeming them for purchases, thereby also reducing the amount of free-floating tokens. |
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Good evening Let's say you notice that the store is trying to send inaccurate information about sales to the system, and this is repeated several times in a row. What will be your actions?
Hello If a merchant tries to cheat and sends fake data, it will be detected, and this information will go to the Ethereum blockchain, operator will decrease this merchant's reputation, If the reputation is unreliable, the weight of the sent data is set to “low”, or it is simply ignored |
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Hey, where is a reference that tui is partnered with you?
Hello! We’ve been working together for a long time as GIFTD and now our partnership is extended through Bitrewards solutions, here you can check an official feedback from TUI https://t.me/bitrewards/77964 |
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Hello. Gift cards seem to me smth outdated. Are you sure that your platform should support them?
Hello Andrey! Actually, it performs well for merchants using GIFTD. In 2016 we finally saw a spike in the sale of e-gift cards for our clients! The customers got a taste of the convenience of instant gifting, while right on the website's store. We expect this trend to continue since 10% of all purchases are made as gifts (which are often made last minute). |
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hi, please answer me, do I need to have an ethereum account and then send the tokens there? or can I leave it on your site?
Hello! You will be able to withdraw the tokens after the 10th of May. We are supporting all ERC-20 compatible wallets. You also can hold them in your bitrewards wallet if you want |
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What is your price target 2019 for 1 bit?
Hi, kaystay1208! Please study our website and materials, because we can not comment on the price appreciation or promise any growth for legal reasons |
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Hello! who will confirm transactions of rewards, you or store?
Hi, sp_kyle! The store will confirm the transactions. That will work automatically in most cases, fetching the data from the CMS of the store. |
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When we can transfer to MEW??
Hello After the token issue date on the 10th of May |
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how long does KYC approval process takes ? I submit it yesterday
Hello Usually, it takes from 3 to 7 days |
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