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

[BitRewardsTeam]

Are there plans in project team to visit the blockchain conference ? And do you plan to invite large companies to cooperate?

Thank you for the question! We have a roadshow presenting our project all over the world, check our Medium: https://medium.com/@bitrewards

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[BitRewardsTeam]

Isn’t this the same idea as Benebit?

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.

[BitRewardsTeam]

What if 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.

[RumenCoin_ICO]

How much collected so far ? Is it real numbers? Already running the pre-sale + main sale for 6 months?

[The Seller]

How much collected so far ? Is it real numbers? Already running the pre-sale + main sale for 6 months?

This can be said to be a real number. look on the other side, Soft cap reached ($ 3m) and the remaining $ 3m again. its growth can be quite good.

[Johnsilvers]

I received my tokens. Thanks BitRewards! )

[Nairazdenek]

Hello!Ii have submitted kyc form today, do I need to manually withdraw or will  get tokens automtically?

[BitRewardsTeam]

Hello!Ii have submitted kyc form today, do I need to manually withdraw or will  get tokens automtically?

Hi, Nairazdenek! Hello, you'll receive a confirmation email after KYC is passed

[kokoska]

Dear, BitRewardsTeam. If I only participate in the bounty company, do I have to go through the identification? Or only investors must to go the KYC?

[BitRewardsTeam]

Dear, BitRewardsTeam. If I only participate in the bounty company, do I have to go through the identification? Or only investors must to go the KYC?

Hello Kokoska! No you don't need KYC

[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?

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.

[kokotam]

Hello please tell me is bitrewards POW or POS?

[Nairazdenek]

What about scaling of your solution? Did u manage to select an optimal programming language to solve this issue?

[Tulsasisiht]

What do you guys think 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.

[BitRewardsTeam]

Hello 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]

What about scaling of your solution? Did u manage to select an optimal programming language to solve this issue?

Hello! Our solution runs on a very popular block-chain system Etherium, so it is not a problem.

[BitRewardsTeam]

What do you guys think 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.

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.

[Byunggu]

isn't this project idea is same with ncash

[Lillyaone]

Advise me how to login if 2FA is lost?

[Floriniya]

Do I need to have an ethereum account and then send the tokens there? or can I leave it on your site?