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

[kaystay1208]

I obligated to join KYC to withdraw the coin?

[BitRewardsTeam]

how long after ico will it take to be listed on any exchange?

Hello! We are negotiating with the top-5 exchanges and will be listed as quickly as possible on one of them after the token generation event

[BitRewardsTeam]

I obligated to join KYC to withdraw the coin?

Yes, KYC is obligatory for everyone

[Bobtong]

If the referral system is created in future, will it cover all the purchases of my referrals in the stores using BitRewards or only in some of them?

[decker7771]

Hi everyone! What do you think about loyalty market in general, are there any problems?

[BitRewardsTeam]

If the referral system is created in future, will it cover all the purchases of my referrals in the stores using BitRewards or only in some of them

Hello Bobtong! It will probably cover all stores connected to BitRewards system

[BitRewardsTeam]

Hi everyone! What do you think about loyalty market in general, are there any problems?

There are some problems we want to solve:
Account Inactivity
Low redemption rates
Increased costs for customer service
Low motivation by offered rewards
You can learn more about it in the whitepaper https://bitrewards.network/wp.pdf

[thorRJ]

how long after ico will it take to be listed on any exchange?

Hello! We are negotiating with the top-5 exchanges and will be listed as quickly as possible on one of them after the token generation event

These lists or exchanges in which you want to be listed the project, could it be disclosed here? Is this 15% bonus up to the end of the token sale?

[rabitha]

Good evening. I cant really understand – will the use of the platform be free or will I have to pay with tokens for this?

[kokotam]

Hi. Usually, 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?

[BitRewardsTeam]

Good evening. I cant really understand – will the use of the platform be free or will I have to pay with tokens for this?

Good day Rabitha! There will be two types of service levels:
1. Managed — when the entire software system and  BIT token balance of the merchant are managed by BitRewards. That would be $0/month.
2. On-premise — when the merchant has its own server with Ethereum node for managing the BIT tokens. That would be about $10/month.
Also, we are going to introduce a transaction fee for BIT token transfers from shops to users. We'll do it not earlier than after a year of operations, and probably later. The commission fee will not exceed 0.5%, probably will be lower, depending on the BIT token demand.

[BitRewardsTeam]

Hi. Usually, 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?

Hi Kokotam!
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.

[Johnsilvers]

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

[Byunggu]

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

[Nairazdenek]

Hello. Can you please share your marketing and sales strategy? It is really interesting thing to know

[BitRewardsTeam]

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

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

[BitRewardsTeam]

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

Hello! Savedroid focuses on savings in cryptocurrencies and play on 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 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.

[BitRewardsTeam]

Hello. Can you please share your marketing and sales strategy? It is really interesting thing to know

Hi, Nairazdenek
No, we won't like to share it publicly as ICO market is a competitive space. However, some details may be shared already.
We pursue a weighted strategy with regard to the online marketing campaign, so we've split it into three stages:
- collection of analytics, targeting, key audiences
- testing of segments in different countries, content adaptation, creatives and formats testing
- full-scale ad coverage and targeting in chosen countries

[BitRewardsTeam]

how long after ico will it take to be listed on any exchange?

Hello! We are negotiating with the top-5 exchanges and will be listed as quickly as possible on one of them after the token generation event

These lists or exchanges in which you want to be listed the project, could it be disclosed here? Is this 15% bonus up to the end of the token sale?

We can't share them for legal reasons, the bonus might decrease over time

[kaystay1208]

hey, you refer to a foundation rather than a company, what is the difference?