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Author Topic: ⭐⭐⭐⭐⭐[ANN][PRE-ICO][BitRewards | Blockchain rewards and loyalty platform]⭐⭐⭐⭐⭐  (Read 33961 times)
BitRewardsTeam
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May 20, 2018, 03:34:13 AM
 #2261

Early I used to work with Savedroid. How is BitRewards different from 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.
BitRewardsTeam
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May 20, 2018, 03:34:37 AM
 #2262

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

Hello
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
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May 20, 2018, 03:35:21 AM
 #2263

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

Good question! 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.
andreypozdnyak
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May 20, 2018, 04:17:02 AM
 #2264

Good morning. Is it true that before it was unnecessary to undergo KYC?
Floriniya
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May 20, 2018, 04:40:50 AM
 #2265

Let’s say, the store has run out of the tokens and the employees cant replenish the account right now. Is it possible to write an algorithm which would automate the replenishment process?
kaystay1208
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May 20, 2018, 05:09:54 AM
 #2266

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
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May 20, 2018, 05:39:52 AM
 #2267

Good morning. Is it true that before it was unnecessary to undergo KYC?

Hello, Yes, but considering the demand, the team had to implement new security measures. I approve their decision.
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May 20, 2018, 05:40:21 AM
 #2268

Let’s say, the store has run out of the tokens and the employees cant replenish the account right now. Is it possible to write an algorithm which would automate the replenishment process?

Thank you for the question, since a lot of retailers are not quite ready to work with cryptocurrency exchanges directly, operations will be handled through the BitRewards’ operator company. The operator will deal with all crypto transactions between the merchant and the customer and will give the bill in USD for the merchant.
BitRewardsTeam
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May 20, 2018, 05:40:45 AM
 #2269

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?

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.
superman99
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May 20, 2018, 03:12:06 PM
 #2270

Admin, how long will it take after email confirmation of KYC until I get the tokens in my preset ETH wallet?
Bobtong
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May 20, 2018, 07:27:17 PM
 #2271

hey everyone, are there plans in project team to visit the blockchain conference ? And do you plan to invite large companies to cooperate?
Jeroyc
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May 20, 2018, 09:46:31 PM
 #2272

Isn’t this the same idea as Benebit?
kaystay1208
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May 20, 2018, 10:41:20 PM
 #2273

Is the partnership confirmed from gopro ? I cannot see any announcement from them
BitRewardsTeam
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May 20, 2018, 11:40:12 PM
 #2274

Admin, how long will it take after email confirmation of KYC until I get the tokens in my preset ETH wallet?
Hello, unfortunately, can't give you exact dates, may take a week or longer
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May 20, 2018, 11:40:50 PM
 #2275

hey everyone, are there plans in project team to visit the blockchain conference ? And do you plan to invite large companies to cooperate?

Hi Bobtong, we have a roadshow presenting our project all over the world, check our Medium: https://medium.com/@bitrewards
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May 20, 2018, 11:43:20 PM
 #2276

Isn’t this the same idea as Benebit?

Hello! No, it isn't. 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.
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May 20, 2018, 11:48:38 PM
 #2277

Is the partnership confirmed from gopro ? I cannot see any announcement from them

Hello! You can find the letter of intent of go pro at the end of our website
kokotam
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May 21, 2018, 12:45:05 AM
 #2278

hello, please explain to me: 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?
Lillyaone
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May 21, 2018, 01:48:54 AM
 #2279

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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May 21, 2018, 02:13:58 AM
 #2280

Can you tell me is bitrewards POW or POS?
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