Cool project, tired of tons of useless bonuses on my cards, use only cashback, but this is new level. I hope it will work out
Thank you very much, we doing our best. |
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What do you think about your competitors like Benebit?
Hmm it was scam that's it. They have run away with the money gatherd. As for us we have a real working business called GIFTD, so BitRewards will be for e-commerce and based on our previous solution. Hope the fact that we are have working business, assure you that the money will be used for product development and expansion of our prevoius ideas on block-chain technology. |
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HEY !!! Can you hear me? in which chat it is better to talk to the admins? Here or in the telegram?
Hi, kaystay1208! You can ask any questions in both chats. Admins will always answer you ) |
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HI! Why do you post news every five minutes? it looks suspicious
Hi, Byunggu! News in the chat are needed for both old and new visitors. Perhaps someone missed the news, and someone sees it for the first time. And the news always reminds of our achievements. |
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Hi, When are airdrop coins sent?
Hello! Airdrop distribution is after Token Sale between 17th of May and 24th of May. |
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Hey.Only a few advisors mentioning this project but the rest not. Why?
Hello! Our advisors are helping us within their areas of expertise, including legal advising, big data processing, ICO promotion, blockchain technology, investors connections. We are not asking them for the promotion of our project. Of course, it's welcomed when they mention our project, but it's not a requirement for our advisors. That's how we work with them, and that's it. |
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This project is the same as ncash isn't it?
Hello Byunggu! Nope, the ideas are pretty much different, while we are both focused on the great market of improving retail business. 1. We focus on the online retailers (growing market), they focus on the offline retailers (shrinking market). 2. We focus on the loyalty & rewards (endless flexibility), they focus on the physical customer identification (limited flexibility). And many more differences. Anyway we would like not to discuss other projects in this thread 🙂 Hope you understand |
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HI everyone, What about freezing the tokens on the account of the buyers for some time? I think they won't be against this ‘cause the tokens’ price will grow during this period of time
Hi Jeroyc! 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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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 John! 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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Hello. Won't the fact that cryptocurrencies aren’t regulated by the law yet, but the stores have to pay the taxes anyway become a problem?
Hello Kaystay! No, the BitRewards team has foreseen this point and all the entrepreneurs will get all the necessary documents. |
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Hey, what about scaling of your solution? Did u manage to select an optimal programming language to solve this issue?
Hello! Good question! Our solution runs on a very popular block-chain system Etherium, so it is not a problem. |
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Hello people, Is bitrewards POW or POS?
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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Hey. Don’t you think that it’s weird that the users will be able to get the BIT tokens as a reward for the purchase paid with this very tokens?
Hello, why? People will love it because rewards in cryptocurrency are better then rewards in points or cashback — our token will rise in price and it would be compatible with many shops, not with one and don't expire. |
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Hi! The value of 1 BIT gets to 100 and a store rewarded a customer 1 BIT for buying a product of 50$. How will this affect the rewarding system?
Hello! There is no affection at all. The customer will either sell his 1 BIT or keep it. If he sells it, it will make a price a little lower than $100. If he keeps it, it will drive a price of BIT above $100. The store is independent of the BIT/USD price, please check out our previous answer. The rewards in BIT will be less when the BIT price is up. When the merchant wants to reward a $1000 buyer with $50 cash back, our software will automatically buy BIT tokens for $50 on the exchange and give them to the customer. So the merchant is independent of the token volatility. |
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Hi, Will there be a lockout period?
Hello! Yes, 6 months lockup |
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What is the maximum token to be issued in the ICO?
Token Sale Volume is up to 1,280,000,000 Token Issue Volume is up to 2,000,000,000 |
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I have my jaxx and eido wallets. Do you support them? Can I buy your tokens from them?
Yes, of course. You can buy tokens using any wallet you like  |
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Hello. How lomg does it take to validate KYC? I filled the form yesterday
Hi! Usually it takes from 3 to 7 days |
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