BitRewards ICO (BIT)

Blockchain rewards and loyalty platform


Cashback & Loyalty Points in Cryptocurrency. Bringing rewards on blockchain to shops & shoppers. Innovative business model. Working product, team of 20+, 5 years on the market.

Software
4.6

by expert rating and reviews


5.0
ICO PROFILE
4.7
TEAM
4.4
VISION
4.5
PRODUCT
Ended
Token BIT
Platform Ethereum
Price 1 BIT = 0.00003472 ETH
Country Singapore
ICO Start Date 12 Jan 2018
ICO End Date 31 Mar 2018

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. We can make such a claim because we operate in the market of rewards and loyalty software for more than five years and know the problems and daily needs of the merchants.

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.

Team

Alex Egorov member of BitRewards  ICO
Alex Egorov
CEO
Alexander Nevidimov member of BitRewards  ICO
Alexander Nevidimov
CTO, Blockchain architecture, Big Data expert
Andrey Kladov member of BitRewards  ICO
Andrey Kladov
Mobile architecture, blockchain
Vitaliy Makarenko member of BitRewards  ICO
Vitaliy Makarenko
COO
Marat Arslanov member of BitRewards  ICO
Marat Arslanov
CMO
Segey Alisov member of BitRewards  ICO
Segey Alisov
Head of design
Ilya Starovoitov member of BitRewards  ICO
Ilya Starovoitov
Business Development
Slava Zytsar member of BitRewards  ICO
Slava Zytsar
Frontend engineer
Dmitri Semenov member of BitRewards  ICO
Dmitri Semenov
QA engineer
Max Litkevich member of BitRewards  ICO
Max Litkevich
Technical support engineer
Nail Gazizyanov member of BitRewards  ICO
Nail Gazizyanov
Chat-bot, machine learning engineer
Vasiliy Kurkin member of BitRewards  ICO
Vasiliy Kurkin
Fullstack engineer
Sergey Edinin member of BitRewards  ICO
Sergey Edinin
Backend developer
Evgheniy Ahmetgareev member of BitRewards  ICO
Evgheniy Ahmetgareev
Network security engineer
Roman Mukhutdinov member of BitRewards  ICO
Roman Mukhutdinov
Frontend engineer
Ramil Zayneev member of BitRewards  ICO
Ramil Zayneev
Full-stack developer
Rumen Slavchov member of BitRewards  ICO
Rumen Slavchov
PR, IR, Marketing and Stucturing
Ivan Anichkov member of BitRewards  ICO
Ivan Anichkov
Advisor Enterprise solutions, Data Expert
Alexey Gritsyna member of BitRewards  ICO
Alexey Gritsyna
Business Development, E-commerce
John McNaughton member of BitRewards  ICO
John McNaughton
Advisor Payments processing and finance advisor
Artem Chestnov member of BitRewards  ICO
Artem Chestnov
Adviser, Board member, BitRewards
Greg Mann member of BitRewards  ICO
Greg Mann
USA Sales and IR, Board member
Sergey Fradkov member of BitRewards  ICO
Sergey Fradkov
International scaling and business development
Roman Yankovskiy member of BitRewards  ICO
Roman Yankovskiy
Legal Advisor
Reuben Godfrey member of BitRewards  ICO
Reuben Godfrey
Advisor, PR, global scaling
Jason Hung member of BitRewards  ICO
Jason Hung
Advisor, technology, Greater China scaling
Sergei Repko member of BitRewards  ICO
Sergei Repko
ICO strategy, marketing, IR
Renat Razumov member of BitRewards  ICO
Renat Razumov
Advisor blockchain, vision
Nathan Christian member of BitRewards  ICO
Nathan Christian
Advisor

Milestones

  • 1

    November, 2016 - February, 2017

    Development of a points based loyalty system GIFTD designed to reward shoppers. (Сompleted)

  • 2

    February – October, 2017

    Structuring the concept of using Ethereum blockchain with loyalty and rewards tools and customer development of the cryptorewards for e-commerce industry, team hiring. (Сompleted)

  • 3

    October 2017 - May 2018

    The full-functioning loyalty system BitRewards for the retailer and the user's crypto-wallet connected to the loyalty program, with access on the website of retailer and BitRewards website

  • 4

    March - June, 2018

    Retailer Crypto-wallet and liquidity management smart contract

  • 5

    June - July, 2018

    Integration of loyalty system with Lightning Network and Raiden Network (after the launch of these technologies).

  • 6

    June - August, 2018

    Customer’s Mobile app with crypto-wallet.

  • 7

    July - November, 2018

    Introduction of digital gift cards and scanning of loyalty cards into the mobile wallet.

  • 8

    September - December, 2018

    Mobile SDK for merchants’ apps.

  • 9

    January - April, 2019

    Integration of AI and machine learning into the BitRewards platform.

  • 10

    April - May, 2019

    Blockchain based traffic exchange between online and offline merchants.

Financial

Token Sale Info
Token BIT
Token Type ERC20
Platform Ethereum
Price in ICO 1 BIT = 0.00003472 ETH
Tokens for Sale 1280000000
Investment info
Accepting ETH, BTC
Distributed in ICO 64%
Soft cap 3,000,000 USD
Hard cap 15,000,000 USD

Others in "ENDED ICO"