Langsung ke konten utama

BitRewards Token ( BIT )

What is BitRewards

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.
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.
BitRewards is compatible with most existing e-commerce systems (Magento, Shopify, WordPress, Ecwid, etc.). It is easy to integrate and has a simple API.

BitRewards Token ( BIT )

Internal BitRewards tokens are called BIT and comply with the ERC20 standard. BIT is an internal currency and is used to conduct all operations within the BitRewards ecosystem.
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.
BIT can be redeemed at the same store or with the other BitRewards participating merchants via an online crypto-wallet connected to the participating merchants. Customer crypto-wallet’s BIT bala may also be connected to the bank debit card, which the users can spend just as if they used their regular Visa or Mastercard. The customers will appreciate the opportunity, because they get a liquid crypto-currency, instead of loyalty points. The customers can also buy BIT on the open market (e.g. exchanges, etc.) or via the Bancor liquidity smart contract.
The private key to a token holder’s BIT can be thestorBitRewardsonnetworkthe walle platform, on the standard Ethereum wallet, or on any wallet supporting the ERC20.
The value of the BitRewards token will be determined on the open market, but only after the listing formalities are completed and the tokens are allowed to be listed on the trading platforms. In most exchanges tokens can be converted into ETH, Bitcoin or fiat. The token is accepted by all merchants that use the loyalty platform and other partners of BitRewards Network.
The demand for the BIT tokens most likely will grow because of the limited initial issuance of 2 billion tokens and the increasing number of retailers joining the platform exceeding the supply from the customers who redeem the tokens for purchases or trade them at the open market, which will create an ascending path of least resistance.

Token Allocation


BIT Token Details

Our Team


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

Komentar

Posting Komentar

Postingan populer dari blog ini

BETEX PLATFORM

https://betexlab.com Business Model Betex is an innovative peer-to-peer platform for financial derivatives trading, using Ethereum smart contracts. Binary options will serve as the primary derivatives to begin with. Later on, other more complex instruments will be integrated. Unlike trading the traditional binary options, Betex users place bets against each other. To our knowledge, this is the only platform, where as much as 95% of funds are distributed among traders, who make correct assumptions. Besides, they are forming a large common pool of liquidity for each underlying asset in order to maximize users‘ gain.  Powered by Ethereum smart contracts, Betex brings undisputable transparency, fair conduct and auditable results to the Binary Options trading. 5% of the amount of the transactions (bets) is the platform‘s commission income. All operations in the system are performed in the SBT Ethereum tokens of the ERC-20 standard with a stable value of $1.00.  Distr...
Posting Komentar
Baca selengkapnya

IonChain : All of Features

http://ionchain.io/ About IonChain The principles of IonChain’s design including increasing scalability but at the same time making sure that decentralization and security are paramount. Creating cross shared transactions seamlessly to give user quality of experience (QoE) within an ecosystem that is incentive driven is key to IonChain, being able to support different platforms and providing users with an easy to use account. Our design will allow for scalability to be in line across the requirements of maintaining high security with a good level of decentralization. Current blockchain technology has two different basic functions in every block within a chain – the ledger, including the state of the current ledger, and the confirmation, which is required to confirm the transaction from a ledger and then mine blocks to reach desired difficulty levels (proof of work or POW). Positioning Since the IonChain network is more decentralized than other blockchain systems the level ...
Posting Komentar
Baca selengkapnya

Vestarin ICO

https://www.vestarin.io/en What is Vestarin ? Vestarin – is a unique platform, which offers: Owners of shops, services, exchange points integrate their businesses into the Vestarin platform, while users make purchases and pay for services with their VST tokens.  ICO representatives integrate their projects into the platform, while users will estimate and discuss them in public to create the reputation, which enables investors to rely on it.  Vestarin will offer its users the set of latest technologies and hot news of cryptocurrency from dozens of sources for a worldwide audience.  Blockchain-technology professionals and cryptogizmos will have a joint platform for coworking. Different ICO and Pre-ICO ICO is a mechanism of fundraising, when the future cryptocurrency is sold to investors (backers). For transferring Ethereum ICO the inversot gets new project`s tokens. In`s an alternative crowdfunding method – to purchase the coins of the company, that will grow ...
Posting Komentar
Baca selengkapnya