Will be there new live translations with team?
Stay tuned for annauncements
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Hey do you want to create a mobile app?
hi sure we will create a moblie app with features like 1. Crypto-wallet 2. Merchants’ special offers 3. Scanning and storage of loyalty cards (making plastic cards redundant, the inconvenience of which is one of the main reasons customers stop using loyalty systems) 4. Gift cards 5. Geofencing
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Hey, are there plans in project team to visit the blockchain conference ? And do you plan to invite large companies to cooperate?
We have a roadshow presenting our project all over the world, check our Medium: https://medium.com/@bitrewards
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hey advise me how to login if 2FA is lost?
Hi Jeroyc! Unfortunately, there is no way to disable or reset 2FA password, however, if you have already tied your ERC-20 wallet to BitRewards wallet, then you will receive tokens after the 10th of May
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hey, you refer to a foundation rather than a company, what is the difference?
The Foundation manages the relationships with the different services providers, BIT tokens and cash reserves, remunerates the actors within the system that create the most value for the proliferation of BitRewards platform. One of these actors (and probably the most important one) would be the BitRewards company. The Foundation itself would be managed by the BitRewards DAO, as described in the WhitePaper (pages 32-33).
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Can I refuse to use the operator and do everything myself if I’m ready to work directly with the exchanges?
You can do everything by yourself but there is no reason to do that as we will provide merchants top-class loyalty software for free — with support, integration, customization included.
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how long after ico will it take to be listed on any exchange?
Hello! We are negotiating with the top-5 exchanges and will be listed as quickly as possible on one of them after the token generation event These lists or exchanges in which you want to be listed the project, could it be disclosed here? Is this 15% bonus up to the end of the token sale? We can't share them for legal reasons, the bonus might decrease over time
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Hello. Can you please share your marketing and sales strategy? It is really interesting thing to know
Hi, Nairazdenek 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
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Early I used to work with Savedroid. What's different between BitRewards and Savedroid?
Hello! Savedroid focuses on savings in cryptocurrencies and play on 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 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 what about scaling of your solution? Did u manage to select an optimal programming language to solve this issue?
Hello John! Our solution runs on a very popular block-chain system Etherium, so it is not a problem.
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Hi. Usually, the confirmation of a payment in the Ethereum blockchain takes about 60 seconds. Don't you think this could hinder the development of the platform?
Hi Kokotam! As soon as the Lightning Network and Raiden Network technologies become available, the BitRewards Wallet will be integrated with them and become a part of these networks. It will speed up transactions to a few seconds.
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Good evening. I cant really understand – will the use of the platform be free or will I have to pay with tokens for this?
Good day Rabitha! There will be two types of service levels: 1. Managed — when the entire software system and BIT token balance of the merchant are managed by BitRewards. That would be $0/month. 2. On-premise — when the merchant has its own server with Ethereum node for managing the BIT tokens. That would be about $10/month. Also, we are going to introduce a transaction fee for BIT token transfers from shops to users. We'll do it not earlier than after a year of operations, and probably later. The commission fee will not exceed 0.5%, probably will be lower, depending on the BIT token demand.
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Hi everyone! 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
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If the referral system is created in future, will it cover all the purchases of my referrals in the stores using BitRewards or only in some of them
Hello Bobtong! It will probably cover all stores connected to BitRewards system
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I obligated to join KYC to withdraw the coin?
Yes, KYC is obligatory for everyone
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how long after ico will it take to be listed on any exchange?
Hello! We are negotiating with the top-5 exchanges and will be listed as quickly as possible on one of them after the token generation event
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Hello Are there any bonuses for the new buyers?
Hello! Yeah, there is crowdsale 15% bonus right now
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Hello! Can you tell me the total amount of coins and the circulation amount
Hi. Token sale volume is up to 1,280,000,000 Token issue volume is up to2,000,000,000 Our tokens max issue depends on two things: the USD equivalent of the funds collected during ICO and the sale close date (May 9th currently, may happen earlier if we reach the $15 mln hardcap earlier). As to dale close date connection with tokens issue: whatever happens first — hardcap reached or sales closes — we will justtake some tokens sold to that moment as 64%, then issue another 36% and finish tokens issue. Hope that makes sense
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Hello. When will airdrop tokens be send to my account?
Airdrop tokens will be distributed between 17th and 24th May
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