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Topic: ⭐⭐⭐⭐⭐[ANN][PRE-ICO][BitRewards | Blockchain rewards and loyalty platform]⭐⭐⭐⭐⭐ - page 21. (Read 33957 times)

newbie
Activity: 34
Merit: 0
member
Activity: 378
Merit: 10
I have not received my tokens yet, I have completed the KYC, but not had confirmation email, thanks
If you passed KYC succesfully, you'll get your confirmation email soon (within this month). We're sending them now
member
Activity: 378
Merit: 10
When will bounty tokens be distributed?
Hello! Bounty tokens will be distributed after the ending of token sale (May 31st)
member
Activity: 378
Merit: 10
Traders receive a premium premium for the use of AI. Buyers are rewarded for purchases using crypto currency.
Hello! Yeah, thats how it works
newbie
Activity: 43
Merit: 0
I have not received my tokens yet, I have completed the KYC, but not had confirmation email, thanks
newbie
Activity: 43
Merit: 0
member
Activity: 322
Merit: 10
Traders receive a premium premium for the use of AI. Buyers are rewarded for purchases using crypto currency.
member
Activity: 378
Merit: 10
Good morning! How you are planning to increase your merchant base.

Hello! BitRewards has strong competitive advantages in comparison with other loyalty systems:
- Free of charge
- A simple installation which doesn't require technical expertise
- Access to a large number of loyal customers of partner retailers in the BitRewards
Following the current trend, the focus in the promotion of BitRewards Network will be made on content marketing, which will push the message to merchants that the BitRewards Network offers much more than any competitor can offer, and moreover it’s for free.
member
Activity: 378
Merit: 10
Hey! I have a question. Why is BIT based on ETH?

Hello, Andrey! We use some specific of Etherium-like smart contracts based on an open source. That provides us do our platform free for merchants.
member
Activity: 378
Merit: 10
Btw 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
member
Activity: 378
Merit: 10
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.
newbie
Activity: 38
Merit: 0
Good morning! How you are planning to increase your merchant base.
newbie
Activity: 34
Merit: 0
Hey! I have a question. Why is BIT based on ETH?
newbie
Activity: 43
Merit: 0
Btw what do you think about loyalty market in general, are there any problems?
newbie
Activity: 43
Merit: 0
Hello, do you have any plans to create the development fund?
member
Activity: 378
Merit: 10
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.
member
Activity: 378
Merit: 10
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).
member
Activity: 378
Merit: 10
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.
newbie
Activity: 43
Merit: 0
Hey. Is your cryptocurrency compatible with bonus programs only? It seems to me that it’d approve itself in affiliate networks.
newbie
Activity: 30
Merit: 0
You refer to a foundation rather than a company, what is the difference?
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