I hope the developers are now conducting a sale and raising funds not to start from scratch? Judging by the plans and algorithms of the platform, there is a long work to be done on the organization of all processes. Meanwhile, the market is rapidly moving forward! Time=money!
The BitRewards team started working on the project back in 2016, when it was developing GIFTD loyalty system, that was based on points, which was designed to encourage customers. We can say that even that work showed how effectively and quickly it can be implemented - they finished within 3-4 months. Then they started to work on building crypto-processes.
How far have they got?
Most of 2017 went on the structuring concept of using the Ethereum blockchain with the tools of loyalty and rewards, developing a system of crypto-bonuses for the e-Commerce industry and other related tasks. At the same time, the team was growing. By the end of 2017, these tasks were accomplished.
OK! Good result. What will be done in 2018?
In the middle of the year, they will release a mobile application – a crypto-wallet for customers. They also plan to integrate the loyalty system with Lightning Network and Raiden Network, after the launch of these technologies. It is also planned to expand on Asian markets, researches, customer base development, marketing company management and to provide a mobile SDK for applications for sellers. An alpha version of the AI-based rewards service will also be released. So, this year the market will be provided with working features!