BitRewards - Bringing Blockchain to Customers Loyalty

https://bitrewards.network/

Introduction

BitRewards is a blockchain loyalty platform and ecosystem that enables retailers to reward their customers’ purchases, friends’ invited and other configurable actions with crypto-currency. It has an absolute value for the customers, as they get for their purchases the liquid Ethereum-based tokens, which can be redeemed for purchases or transferred to another crypto-wallet. The price of the tokens is also set for growth due to our unique business model, so these rewards may go up in value in the course of time, rather than expire.

BitRewards also brings a lot of benefits to the retailers, because they get customers that are more satisfied with the rewards in crypto and become even more loyal. A comprehensive loyalty program increases the retailers’ revenues. byThe storesdzensare alsoof tappingercentintothe crypto-enthusiasts audience, which is quite active and appreciates the attention from the regular businesses.

The unique value proposition for the retailers is that BitRewards will offer this valuable and expensive loyalty technology free of charge. The retailers will only have to buy BIT in the open market to reward their users. The value of such software starts from $200/month, therefore thousands of retailers 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 5 years, have more than five hundred clients — online stores and deeply know their needs. BitRewards also uses AI-based predictive analytics, which allows to configure the rewards and actions for each particular business to address its unique target audience and achieve the highest return on investment from every dollar spent on the rewards.

Benefits Using BitRewards

The BitRewards decentralized loyalty system creates a unique, user-friendly customer experience:

1. The regular customer’s dashboardoyaltypointsturnswithinto alfull-fledged crypto-wallet linked to hundreds of merchants. Creation requires only a simple registration with a Facebook account, email or phone number. It can be used as a regular wallet for the storing of BitRewards crypto-currency, as well as other currencies (Ethereum, Bitcoin, etc.), growing in value of the received rewards (connected with the growth of token).
   
2. The bonuses in the form of BIT from different merchants are accumulated account, which is connected to the entire BitRewards Network.
   
3. The tokens can be redeemed with any merchant within the BitRewards Network and the netwo partners that can promote their business with additional bonuses and discounts for the BIT token holders.
   
4. Customer crypto-wallet’s BIT balancealsobeconnectedwill to the bank debit plastic or virtual card, which the users can spend just as if they used their regular Visa or Mastercard.
   
5. Maximum flexibility and security of the rewards:expire; theytokenscan’tunlikege lost, or cease to exist if the merchant goes out of business.
   
6. An easy way to make purchases in cryptocurrency: Ethereum and Bitcoin can be credited to the customer’sBitRewards account and be used as payment with BitRewards’ participating merc
   
7. The token’s value is set for an appreciation in creasing demand from duertailers to and the general prevailing bull market nature of crypto-markets right now.

How BitRewards Work

• The retailers connect to the BitRewards loyalty system by installing the readymade GIFTD extension or by integrating it with their own loyalty system.
  
• This solution rewards customers with BIT for their and their friends’ purchase actions. The module performs all the required token processing through the BitRewards platform.
  
• The value of BIT may appreciate because of the limited initial issuance of 2 billion tokens and the constant leading demand for tokens from the growing number of retailers joining the platform.
  
• The probable appreciation of BIT encourages customers to save their tokens instead of redeeming them for purchases, thereby also reducing the amount of free-floating tokens.

BitRewards Token

BitRewards Tokens are designed to appreciate over the course of time. Crypto assets markets can be volatile, and the market price of BIT can depend on the general market conditions and expectations. Since BIT’ main purpose is the meanstisofimportantpayment, thatirate theagainsttoken’scryptoor fiat currencies does not change rapidly and has liquidity at all times. In order to provide for this liquidity and mollify the market fluctuations, a Bancor Formula (a product of Bprotocol Foundation1) based smart contract will be created. It will allow for the buying and selling of BIT and will also be used to increase the market demand and supply when the token rate fluctuations leave a certain corridor.

The special liquidity smart contract will hold a reserve of tokens of the BitRewards system and means. Anyone will be able to buy or sell BIT simply by sending ETH to thes. contract’sThissolutionis add able to provide for the liquidity of tokens and solves the problem of a “double coincidence of wants”,

when a buyer and a seller have to match the time and place for the transaction to occur. A liquidity smart contract always acts, as one of the parties either selling or buying.

Token Allocation Breakdown

  

Token Details

BIT token is an ERC-20 standard-basis Ethereum token

BIT token is a cryptographic token used in the BitRewards Network project, an unregulated, digital asset, issued and controlled by its developers, and used and accepted by the members of the BitRewards community.

BIT tokens provide no direct or indirect rights to BitRewards Ltd. equity capital or income, nor any corporate governance rights in BitRewards Ltd. or over BitRewards Network project.

BIT tokens are not accepted outside the BitRewards Network and do not have a fixed exchange value

equal to the amount delivered at the time of issue.

The sale of BIT is final and non-refundable.

BIT can not have a performance or a specific value outside the BitRewards Network platform.

Therefore, BIT should not be used or purchased for speculative or investment purposes.

Roadmap

More Information you can also visit this links :Website : https://bitrewards.network/
Whitepaper : https://bitrewards.network/wp.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=2409919
Bounty Thread : https://bitcointalk.org/index.php?topic=2993875.0
Facebook : https://www.facebook.com/bitrewards.network
Twitter : https://twitter.com/bitrewards
Telegram : https://t.me/bitrewards

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Username bitcointalk : trysetya11
Link profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1686500
Ethereum Wallet Address : 0x24F26311B28E86523DB5f34BbF69cb63f331D403