BitRewards ICO

BitRewards

BitRewards is one of the first blockchain movers in a +$100 billion industry of loyalty software, points, miles, stamps, bonuses and gift cards. **UPDATE - BitRewards raised 6.5M USD in ICO, they are currently listed on LiveCoin and soon HitBTC!

ICO Details

Status
Past, Trading
Starting date
April 1st, 2018
Ending date
May 31st, 2018
Whitelist
No
Token Sale Hard Cap
$ 15,000,000
Token Sale Soft Cap
$ 3,000,000
Presale Start Date
December 25th, 2017
Presale End Date
March 30th, 2018
Token Symbol
BIT
Token Type
ERC-20
Initial Token Price
1 BIT= 0.00003472 ETH
KYC
Yes
Accepts
BTC, ETH
Features

About BitRewards
BitRewards is a blockchain rewards and loyalty system for e-commerce businesses. It enables online stores to reward their shoppers with a cryptocurrency "BIT", which helps to increase sales by an average of 17%. Because of the blockchain and our unique business model, this cutting-edge loyalty system is offered to the businesses free of charge.

With the advent of decentralized technologies, bringing the new approach to the transfer of value, the loyalty industry is bound to change profoundly. Now merchants and customers are arch-enemies: The customers don't care about the loyalty to brands or merchants — they want free stuff and easily switch brands. And the merchants need to protect their bottom line and try to extract as much from every customer as possible often slipping to manipulation. BitRewards is designed to turn this around and make merchants and customers friends again.

It is an AI-based blockchain loyalty platform and ecosystem that enables online retailers to reward their customers' purchases, friends' invites, social media actions, personal details and data sharing and other valuable behavior with crypto-currency "BIT".

"BETTER THAN CASH" REWARDS for customers.

It has an absolute value for the customers, as they get for their purchases and activities the liquid Ethereum-based tokens, which can be traded at an exchange, transferred to another wallet or redeemed for purchases. The tokens are also designed so that they can go up in value in the course of time, which will give the customers a chance to see their rewards appreciate rather than expire.

GAME-CHANGING SOLUTIONS for merchants.

Merchants get valuable loyalty technology, which allows them to manage the behavior of their users via the data-driven set of tools, which they can frictionlessly integrate with their web stores. A comprehensive loyalty program increases the merchant’s revenue by dozens of percentage points*. The merchants are also tapping into the crypto-enthusiasts audience, which is very active and appreciates the attention from the early adopters of technology.

The unique value proposition for the merchants is that BitRewards will offer this premium out of the box software free of charge. They will only have to buy BIT tokens to reward their users. The value of such software starts from $100-200/month. Therefore thousands of online stores will be keen to connect to the platform.

The team of BitRewards consists of probably the strongest tech core, who works on the blockchain for the retail industry. Coupled with business development and financial expertise of other members, the team is perfectly prepared to deliver an impeccable product to the global market. Competition is far behind with little experience, confusing business models and often non-existing product.

BitRewards is compatible with the most existing e-commerce systems (Magento, Shopify, WordPress, Ecwid, etc.) and has signed letters of intent with the online store builder platforms, which service more than a million online stores globally.

Core Team


Alex Egorov
CEO


Alexander Nevidimov
CTO, Blockchain architecture, Big Data expert


Slava Zytsar
Frontend engineer


Dmitri Semenov
QA Engeneer


Iaroslav Marakhonov
Head of Communication

Advisory Team


John McNaughton


Jason Hung


Ivan Anichkov


Reuben Godfrey