Bitago logo
WebsiteSpores LaunchpadTrustFi LaunchpadGagarin Launchpad

Bitago (XBIT)

IDO

Bitago stands as a blockchain-based crypto cashback protocol that rewards customers with cryptocurrencies for their purchases. This innovative project is meticulously designed to address the inherent limitations of conventional cashback programs, which often exhibit restricted redemption options and operational complexity.

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Overview

Project industryFinance Services & Banking
Product typeService
WhitepaperBitago White Paper Open

What is Bitago

Bitago represents a mobile application that empowers everyday consumers to earn cryptocurrency as shopping rewards, with its proprietary $XBIT token serving as the platform's governing asset.

Our mission revolves around facilitating the accumulation of cryptocurrency for individuals at every juncture of their daily routines, courtesy of a mobile app intricately integrated with both the $XBIT token and NFTs. The core objective of our app is to transition the conventional Web2 shopping experience into the realm of Web3, thereby introducing cryptocurrencies to individuals who may not necessarily have intentions of directly purchasing or investing in the crypto market.

Bitago extends an extraordinary opportunity to ordinary users, enabling them to monetize their daily activities and accrue crypto, NFTs, and other enticing rewards. Whether engaged in shopping, completing various tasks, viewing advertisements, or participating in $XBIT staking, our platform offers a versatile range of avenues to accumulate valuable assets. This innovative business model streamlines the process, granting everyday individuals the potential to receive crypto cashback as a seamless shopping reward, eliminating the need for additional steps in their routine shopping endeavors. This transformative approach is poised to redefine the global landscape of loyalty and cashback programs.

Details

IDO (Spores Launchpad): Nov 28, 2023 - Nov 29, 2023
IDO (TrustFi Launchpad): Nov 21, 2023 - Nov 21, 2023
IDO (Gagarin Launchpad): Nov 29, 2023 - Nov 30, 2023
Token supply: 200,000,000 XBIT
Total tokens for sale: 38,000,000 XBIT
Hard cap: 2,500,000 USD

Legal

Registration country: United Arab Emirates
Registration year: 2023
Office address: UAE with the registered office at Almas Tower, DMCC, Dubai

Token info

Ticker: XBIT, BIT
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 XBIT = 0.1 USD
Token distribution:
Seed - 5.00%
Private - 5.00%
Strategic - 7.00%
Public (IDO) - 2.00%
Liquidity - 15.00%
Community Rewards - 25.00%
Treasury - 6.00%
Ecosystem Fund - 10.00%
Bounty and Events - 2.0%
Marketing - 10.00%
Team - 11.00%
Advisors - 2.00%

Bitago Roadmap

1
Q3 2023 - Q4 2023
  • Merchant Partnerships: Establish strategic partnerships with a curated selection of merchants and retailers, enabling the provision of enticing cashback rewards across a diverse array of products and services.
  • Awareness Campaign: Launch a comprehensive marketing campaign aimed at enhancing the visibility and recognition of the Bitago app and token within the cryptocurrency community and the wider public.
  • Token Sale & Fundraising: Execute the token sale and fundraising activities to bolster project resources.
  • Smart Contract Development: Develop and implement the foundational smart contracts for the ecosystem, encompassing vital components like vesting and token contracts.
  • Exchange Listing: Introduce the Bitago token to cryptocurrency exchanges, facilitating trading activities.
  • Bitago Mobile App Launch: Initiate the deployment of the Bitago mobile app on both iOS and Android platforms.
  • Bitago Browser Extension Launch: We'll debut our browser extension, integrating crypto rewards into web browsing, offering users seamless ways to earn tokens while shopping, browsing, and engaging online. This launch extends our ecosystem's reach, enhancing user convenience and accessibility.
2
Q1 2024 - Q2 2024
  • Ecosystem Expansion: Broaden the ecosystem's scope by incorporating additional merchants and retailers, with a particular emphasis on niche and high-demand markets.
  • Ecosystem Enhancement: Implement upgrades and enhancements to the ecosystem, incorporating novel features to enrich the user experience.
  • Collaboration Exploration: Explore potential collaborative ventures with other blockchain projects, seeking to diversify the ecosystem's functionality and extend its outreach.
  • Awareness Campaign: Continue efforts to promote awareness of the Bitago app and token among the cryptocurrency community and the general public.
3
Q3 2024 - Q4 2024
  • DeFi Pilot Program: Initiate a pilot program for a decentralized finance (DeFi) platform within the Bitago ecosystem, aiming to explore new financial horizons.
  • Ecosystem Expansion Continuation: Persevere in broadening the ecosystem's footprint by forging alliances with fresh merchants and retailers, alongside the continuous introduction of innovative app features.
  • Smart Contract & Token Economics Planning: Embark on strategic planning for a significant upgrade of smart contracts and token economics, with the overarching goal of optimizing efficiency and user satisfaction.
4
Q1 2025 - Q2 2025
  • Smart Contract & Token Economics Upgrade: Launch the upgraded smart contracts and token economics, with a strong focus on enhancing user engagement and fostering adoption.
  • DeFi Platform Expansion: Expand the DeFi platform to encompass an extended range of financial products and services, including lending and borrowing.
  • Community Governance Launch: Implement a community governance system, empowering users to actively participate in the decision-making process, thus steering the ecosystem's development direction.
5
Q3 2025 and beyond
  • Sustained Innovation: Persist in the pursuit of innovation and ecosystem growth, with a particular emphasis on expanding the DeFi platform's reach and functionality.
  • Collaboration Exploration Continuation: Continue the exploration of potential collaborations with other blockchain projects, traditional financial institutions, and relevant stakeholders, with the ultimate aim of broadening the ecosystem's horizons.
  • Sustainable Ecosystem Building: Dedicate efforts to constructing a resilient and sustainable ecosystem that can consistently deliver value to its users and stakeholders for years to come.

Project team

Petar Hristov
Petar Hristov
CEO
Petar Hristov linkedin
Estefano Ramirez
Estefano Ramirez
CMO & Advisor
Estefano Ramirez linkedin
Myla Tkachenko
Myla Tkachenko
Brand Ambassador
Myla Tkachenko twitter

Advisors

Dominic Ryder
Dominic Ryder
Blockchain advisor
Dominic Ryder linkedin
Sky Wee
Sky Wee
KOL & Advisor
Sky Wee twitter
Nedyalko Nedyalkov
Nedyalko Nedyalkov
Business and Investments Advisor
Nedyalko Nedyalkov linkedin
Marjan Mihov
Marjan Mihov
Legal Advisor
Marjan Mihov facebook

Social media

Bitago web-siteBitago MediumBitago TelegramBitago InstagramBitago LinkedInBitago X (Twitter)

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