Johnsilvers
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Activity: 43
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May 18, 2018, 04:45:09 PM |
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What will happen to the tokens that you will not be able to sell?
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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andreypozdnyak
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Activity: 34
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May 18, 2018, 04:48:59 PM |
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Hello, team!
Will tokens that are for sale now be counted as 100% of total supply?
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BitRewardsTeam
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Activity: 378
Merit: 10
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May 18, 2018, 04:50:34 PM |
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Hello, team!
Will tokens that are for sale now be counted as 100% of total supply?
Hello No, tokens that are on sale are counted as 64%. Other shares are following: 12.00% - Reserve for liquidity 64.00% - Total for sale now 14.00% - Management 3.50% - Advisers 2.00% - Bounty 2.50% - Marketing 2.00% - Contingence |
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BitRewardsTeam
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Activity: 378
Merit: 10
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May 18, 2018, 04:50:51 PM |
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What will happen to the tokens that you will not be able to sell?
Hello, all unsold tokens will be burned |
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kokotam
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Activity: 37
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May 18, 2018, 07:48:19 PM |
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Hi everyone, if the referral system is created, will it cover all the purchases of my referrals in the stores using BitRewards or only in some of them?
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Nairazdenek
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Activity: 65
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May 18, 2018, 09:47:03 PM |
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Where can I find the contract address for this coin?
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BitRewardsTeam
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Activity: 378
Merit: 10
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May 18, 2018, 10:06:29 PM |
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Hello. Aren't you afraid that the fast rise in the tokens value will have a negative impact on the interest of store owners? They won't want to buy them at an overcharge price.
Hello, why would store owners be impacted negatively by rising token values? Couldn't the prices be adjusted in USD terms so that you need less tokens for the same transaction? |
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BitRewardsTeam
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Activity: 378
Merit: 10
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May 18, 2018, 10:06:53 PM |
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Hi everyone, if the referral system is created, will it cover all the purchases of my referrals in the stores using BitRewards or only in some of them?
Hi! It will cover all stores connected to BitRewards system. |
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BitRewardsTeam
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Activity: 378
Merit: 10
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May 18, 2018, 10:07:43 PM |
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Where can I find the contract address for this coin?
CONTRACT = 0x47da42696A866CDC61A4C809A515500a242909C1 DECIMAL = 18 SYMBOL = BIT |
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Tulsasisiht
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Activity: 38
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May 18, 2018, 11:01:15 PM |
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Could you explain why only a few advisors mentioning this project but the rest not ?
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Feltana
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May 18, 2018, 11:24:30 PM |
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You refer to a foundation rather than a company, what is the difference?
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kaystay1208
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Activity: 43
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May 18, 2018, 11:52:38 PM |
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Hey. Is your cryptocurrency compatible with bonus programs only? It seems to me that it’d approve itself in affiliate networks.
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BitRewardsTeam
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Activity: 378
Merit: 10
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May 19, 2018, 12:32:14 AM |
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Could you explain why only a few advisors mentioning this project but the rest not ?
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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BitRewardsTeam
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Activity: 378
Merit: 10
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May 19, 2018, 12:32:54 AM |
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You refer to a foundation rather than a company, what is the difference?
Thank you for the question, 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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BitRewardsTeam
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Activity: 378
Merit: 10
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May 19, 2018, 12:33:10 AM |
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Hey. Is your cryptocurrency compatible with bonus programs only? It seems to me that it’d approve itself in affiliate networks.
In this regard, it brings together best practices from both bonus programs and affiliate networks. |
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decker7771
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Activity: 43
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May 19, 2018, 01:31:01 AM |
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Hello, do you have any plans to create the development fund?
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Johnsilvers
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Activity: 43
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May 19, 2018, 02:11:16 AM |
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Btw what do you think about loyalty market in general, are there any problems?
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andreypozdnyak
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Activity: 34
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May 19, 2018, 03:38:09 AM |
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Hey! I have a question. Why is BIT based on ETH?
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Jeroyc
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Activity: 38
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May 19, 2018, 04:40:37 AM |
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Good morning! How you are planning to increase your merchant base.
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BitRewardsTeam
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Activity: 378
Merit: 10
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May 19, 2018, 04:59:48 AM |
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Hello, do you have any plans to create the 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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