⭐⭐⭐⭐⭐[ANN][PRE-ICO][BitRewards | Blockchain rewards and loyalty platform]⭐⭐⭐⭐⭐

[Byunggu]

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?

[1715142401]

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[1715142401]

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[1715142401]

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[1715142401]

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[andreypozdnyak]

Hello. Gift cards seem to me smth outdated. Are you sure that your platform should support them?

[Lillyaone]

Hey, where is a reference that tui is partnered with you?

[BitRewardsTeam]

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

[BitRewardsTeam]

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 Gift cards seem to me smth outdated.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).

[BitRewardsTeam]

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

[Bobtong]

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?

[kokotam]

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?

[BitRewardsTeam]

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

[BitRewardsTeam]

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.

[BitRewardsTeam]

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.

[Floriniya]

please tell me Is bitrewards POW or POS?

[Feltana]

Early I used to work with Savedroid. What's different between BitRewards and Savedroid?

[BitRewardsTeam]

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.

[BitRewardsTeam]

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.

[Jeroyc]

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.

[trysetya11]

when the ico will ends?

[jenalyss3]

Hey tell me how can markspace benefit you?

[BitRewardsTeam]

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.

[BitRewardsTeam]

when the ico will ends?

Hello Tresetya! ICO ends on the 9th of May