Nairazdenek
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May 05, 2018, 04:31:40 AM |
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Please tell the value of 1 BIT gets to 100 and a store rewarded a customer 1 BIT for buying a product of 50$. How will this affect the rewarding system?
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andreypozdnyak
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May 05, 2018, 04:56:07 AM |
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The only problem I have with that is that it defeats the purpose of a loyalty program since you're not binding the customer to your store. One can simply go to another one in the BIT network?
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Lillyaone
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May 05, 2018, 05:03:17 AM |
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I can't understand is bitrewards POW or POS?
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Tulsasisiht
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May 05, 2018, 05:16:15 AM |
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What about scaling of your solution? Did u manage to select an optimal programming language to solve this issue?
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BitRewardsTeam
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May 05, 2018, 05:35:08 AM |
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hey are there plans in project team to visit the blockchain conference ? And do you plan to invite large companies to cooperate? W
Hi, thank you for the question! We have a roadshow presenting our project all over the world, check our Medium: https://medium.com/@bitrewards
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BitRewardsTeam
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May 05, 2018, 05:35:34 AM |
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Please tell the value of 1 BIT gets to 100 and a store rewarded a customer 1 BIT for buying a product of 50$. 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.
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BitRewardsTeam
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May 05, 2018, 05:36:29 AM |
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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.
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BitRewardsTeam
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May 05, 2018, 05:37:01 AM |
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I can't understand is bitrewards POW or POS?
Hello, 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.
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BitRewardsTeam
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May 05, 2018, 05:37:33 AM |
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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.
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Payal_techy
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May 05, 2018, 09:45:39 AM |
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From a large number of projects, this one is the best ICO, It will be a good if it will be launch on https://www.icoguide.com/en
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kaystay1208
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May 05, 2018, 10:32:58 AM |
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Hello. What is the recommended gas limit and gas price for Ethereum deposits?
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jjjake100011
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May 05, 2018, 10:35:31 AM |
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What will happen after hard cap??
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arnvardan
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May 05, 2018, 10:38:43 AM |
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What percentage of the total token are for sale now??
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BitRewardsTeam
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May 05, 2018, 10:40:51 AM |
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Thank you! We're doing our best
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BitRewardsTeam
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May 05, 2018, 10:42:14 AM |
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Hello. What is the recommended gas limit and gas price for Ethereum deposits?
Hello! Please use gas limit from https://ethgasstation.info/ — current 21000 gas 2 gwei if I'm not mistaken
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BitRewardsTeam
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May 05, 2018, 10:42:52 AM |
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What will happen after hard cap??
If we reach hard cap, this will mean that all tokens are sold
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BitRewardsTeam
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May 05, 2018, 10:43:31 AM |
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What percentage of the total token are for sale now??
All tokens, that will be sold, will be counted as 64% of all tokens. 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% - Contingenc
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Bobtong
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May 05, 2018, 11:32:48 AM |
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when will be airdrop distribution?
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BitRewardsTeam
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May 05, 2018, 11:33:52 AM |
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when will be airdrop distribution?
Hello The airdrop distribution will be between 17th and 24th of May
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Lillyaone
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May 05, 2018, 12:36:32 PM |
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Can I send my eth address in binance?
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