Hi! What is the date of airdrop distribution?
Hello! Distribution will be between 17th and 24th of May |
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interesting project, who are you collaborating with? are there any stores with which you already have an arrangement? when your token will be traded on exchanges? and on what?
The parent to BitRewards business (GIFTD) has more than 500 clients in Europe, who mainly are small and medium-sized businesses, which is our target audience. Among the globally recognized names, we have GoPro.ru, Tui, and several others; we also service Snowqueen.ru, a top Russian fashion and beauty retailer (2.5 million monthly visitors), Startuphouse.com (the startup community in San Francisco, USA), Premierdeadsea-usa.com (skincare products, USA), MadRobots.ru (a marketplace of gadgets), Promosoundgroup.net (global online music promotion service), Marwin.kz (top Kazakh kids' store) and hundreds of the smaller businesses. For BitRewards, we have signed the letter of intent with Ecwid ( https://goo.gl/2HnrG5), one of the top e-commerce website builders with over 1 million merchants in 175 countries headquartered in San Diego, CA, USA. Also, there are some new partners: 🌴TUI Group - a multinational travel conglomerate 🗣Eventbrite - a global event technology platform 📸GoPro - well-known brand producing action cameras, drones, etc. 👉Check out more info here: https://thebitcoinnews.com/bitrewards-announces-partnerships-with-tui-eventbrite-and-gopro/We are negotiating with the top-5 exchanges and will be listed as quickly as possible on one of them after the token of the sale. At the same time, taking into account the rules of distribution of tokens and the applicable legislation in your jurisdiction, we remind you that you are obliged to observe restrictions on the resale of tokens, including in the framework of exchange trade you have an impressive list of partners. and it will expand, rightly I understand? do you have any bonuses for investors? Yeah, you are right, list of our partners will expand. As for the bonuses, current crowdsale bonus is 15%  |
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And when can I get a token on my mew?
You will be able to withdraw BIT tokens after the token generation event on May 10th, 2018. |
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Hey! Does MEW support your tokens or do I need to set something up?
You will receive tokens in your BitRewards wallet in wallet.bitrewards.network. You can fill out your exit address there, which should be your personal wallet address. |
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as I understand. Soft cover will be assembled as you planned, I know for sure I believed in you, we will wait for news) and tell me who is the amount planned for full sale?15 million is correct?
Yes, that's right, $15M |
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get a very good rating from ICOBENCH
makes me interested to explore the business model that will be applied by Bitrewards ...
seems unique, but I still do not really understand in detail
Hello! BitRewards is a future of loyalty systems worldwide: decentralized rewards and loyalty platform that enables retailers to give cash back to their customers in cryptocurrency directly to their crypto-wallets. You can get more information on our website: https://bitrewards.network/ |
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Hi guys, averagely 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?
Hello Feltana, 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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What's different between BitRewards and Retainly?
Regarding Retainly - it's for sure an interesting project that deserves some attention. However, it's not accurate to compare it with BitRewards for a number of reasons: 1) One thing is to talk, another one is to show. BitRewards is based and backed by a successful product - GIFTD - that was launched in 2012. Our team have enough expertise to extract the most from the distributed ledger technology to apply an innovative approach towards loyalty management market. Working product means a lot. 2) We focus not only on cash-backs but on any reward systems, so giving customers a freedom to choose. It also gives a necessary flexibility to BitRewards regarding different market trends. 3) We share the same spirit - to provide every citizen with cryptocurrency, though the realization differs - the RETN token economy is totally unclear from the whitepaper. Also, the liquidity issue has no place in it, whereas we describe token liquidity in detail. All in all, we're open for potential co-ops as the only reasonable goal for us is to make the loyalty management market more efficient and beneficial for all the participants. |
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Hey, are there plans for the project team to visit the blockchain conference? And do you plan to invite large companies to cooperate?
Hello! We have a roadshow presenting our project all over the world, check our Medium: https://medium.com/@bitrewards |
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As I know, you have some kind of a system called bitrecommendations . What's that?
You know right, Decker! 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. |
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Good day. Let’s say, the store has run out of the tokens and the employees cant replenish the account right now. Is it possible to write an algorithm which would automate the replenishment process?
Since a lot of retailers are not quite ready to work with cryptocurrency exchanges directly, operations will be handled through the BitRewards’ operator company. The operator will deal with all crypto transactions between the merchant and the customer and will give the bill in USD for the merchant. |
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Please tell me isn’t this the same idea as Benebit?
Thank you for the question! No, it isn't. First, we are real people ?? We are in the business for 5 years, working together at GIFTD ( https://giftd.tech ) and building valuable marketing tools for e-commerce (see "Live Demo" on https://bitrewards.network). That makes us very different from the most of ICO projects in general, and loyalty-connected ICOs particularly. Also, there was almost nothing in Benebit's idea excepting the cashback, while we focus on many different rewards: cashback, friends referred bonus, likes & shares on social networks, product reviews, video reviews, website reviews, bug reports, etc. Our software is an advanced thing and it can be customized to any e-commerce business needs. |
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how much are you willing to distribute on development fund?
Hello! 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. |
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Good morning everyone. Is it true that before it was unnecessary to undergo KYC?
Good morning to you too! Yes, it's true but considering the demand, the team had to implement new security measures. |
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Why you don’t secure your portal more for buying tokens?
Hello! Thank you for the question! We've already implemented 2FA feature for our BitRewards Wallet. If you would like to set up 2FA, log in to your account and click "2FA" in the menu bar. Please install Google Authenticator app in advance. By the way, BITs will stay in your BitRewards Wallet until token issue date so nobody can take them from you now. Just check your withdrawal address after the implementation of 2FA and be safe. |
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Why you don’t secure your portal more for buying tokens?
Hello, rabitha! We have 2-factor authorization. Use it, if you want to provide maximum security. It will also protect withdraw address change, it will be impossible to change withdraw address without entering one-time SMS code. |
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Hello Dev, What is the Bitreward token price if I buy it today? Your project is very interesting and I want to buy some BIT Token. Is KYC verification required?
Hello, zulkarnaen! The price is 0.00003019 ETH for 1 BIT; 1ETH = 33122 BIT Yes, the KYC verification is necessary And if I'm just taking part in a bounty program, do I also need a kyc? No, in this case there is no need to pass KYC  |
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Hi, customer get bit and use bit to rebuy things?or go to exchange to sell it?
Hello! Well, retailers give cashbacks to their customers in cryptocurrency directly to their crypto-wallets and then customers have the right to dispose of these funds as they want |
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Hello! I see new user can get 30% discount, it's really?
Hi, Bobtong! Yes, it is provided for new users, if they buy tokens within 12 hours |
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Hello Dev, What is the Bitreward token price if I buy it today? Your project is very interesting and I want to buy some BIT Token. Is KYC verification required?
Hello, zulkarnaen! The price is 0.00003019 ETH for 1 BIT; 1ETH = 33122 BIT Yes, the KYC verification is necessary |
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