BitRewards logo
Website

BitRewards (BIT)

ICO

BitRewards is blockchain rewards and loyalty platform.

IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Overview

Project industryMarketing & Advertising
Product typePlatform
WhitepaperBitRewards White Paper Open

What is BitRewards

BitRewards is a B2B2C platform for creating loyalty programs for online trading and service enterprises, based on a single ecosystem with the use of blockchain technology and an internal cryptocurrency. Its technology is based on GIFTD, a SaaS project operating in the field of user rewards and loyalty for more than five years.

BitRewards platform is built on Ethereum blockchain, and it introduces BIT tokens with a utility functionality. BitRewards tokens (BIT) are the internal currency of the platform used to carry out all transactions within the ecosystem. BIT tokens can be redeemed with any BitRewards partner store or traded at an exchange.

BitRewards ecosystem includes an infrastructural platform, community and a network of communication.

The BitRewards platform offers merchants an AI-based rewards platform and tools (plug-ins for connecting to the ecosystem, a crypto wallet, a mobile app, corporate loyalty system).

Shoppers using the BitRewards platform receive a single loyalty entry point. BitRewards provides shoppers with a crypto-wallet, a mobile app, storage system loyalty card, gift card and geofencing. Buyers using the BitRewards platform get rewards in cryptocurrency that are not tied up to one store. BitRewards tokens (BIT) earned by the shoppers can grow.

After the token launch, the platform is going to create the decentralized autonomous organization.

Details

Pre-sales: Apr 09, 2018 - Apr 11, 2018
Public sales: Apr 12, 2018 - May 31, 2018
Pre-sale token supply: 191000000
Token supply: 1089000000
Soft cap: 3,000,000 USD
Hard cap: 15,000,000 USD(fiat)
Raised: 6,441,000 USD

Bounty

Bounty: 2%

Token info

Ticker: BIT
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 BIT = 0.01715411 USD
Token price in ETH: 1 Token = 0.000035 ETH
Accepted currencies: ETH
Bonus program:
Pre-sale - 30% bonus
Token distribution:
12.00% - Reserve for liquidity
64.00% - Total for sale now
14.00% - Management
3.50% - Advisers
2.00% - Bounty
2.50% - Marketing
2.00% - Contingency
Funds allocation:
27% - Product Development
12% - Operations
39% - Marketing, sales, merchant acquisition & partnerships
6% - Legal
16% - Management
27% -
27% -

BitRewards Roadmap

1
November, 2016 - February, 2017

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

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. (?ompleted)

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.

Project team

Alex Egorov
Alex Egorov
CEO
Alex Egorov linkedin
Alexander Nevidimov
Alexander Nevidimov
CTO, Blockchain architecture, Big Data expert
Alexander Nevidimov linkedin
Andrey Kladov
Andrey Kladov
Mobile architecture, blockchain
Andrey Kladov linkedin
Vitaliy Makarenko
Vitaliy Makarenko
COO
Vitaliy Makarenko linkedin
Marat Arslanov
Marat Arslanov
CMO
Marat Arslanov linkedin
Segey Alisov
Segey Alisov
Head of design
Segey Alisov linkedin
Ilya Starovoitov
Ilya Starovoitov
Business Development
Ilya Starovoitov linkedin
Slava Zytsar
Slava Zytsar
Frontend engineer
Slava Zytsar linkedin
Dmitri Semenov
Dmitri Semenov
QA engineer
Dmitri Semenov linkedin
Max Litkevich
Max Litkevich
Technical support engineer
Max Litkevich linkedin
Nail Gazizyanov
Nail Gazizyanov
Chat-bot, machine learning engineer
Nail Gazizyanov linkedin
Vasiliy Kurkin
Vasiliy Kurkin
Fullstack engineer
Vasiliy Kurkin linkedin
Sergey Edinin
Sergey Edinin
Backend developer
Sergey Edinin linkedin
Evgheniy Ahmetgareev
Evgheniy Ahmetgareev
Network security engineer
Evgheniy Ahmetgareev linkedin
Roman Mukhutdinov
Roman Mukhutdinov
Frontend engineer
Roman Mukhutdinov linkedin
Ramil Zayneev
Ramil Zayneev
Full-stack developer
Ramil Zayneev linkedin
Alexey Gritsyna
Alexey Gritsyna
Business Development, E-commerce
Alexey Gritsyna linkedin
Greg Mann
Greg Mann
USA Sales and IR, Board member
Greg Mann linkedin
Rumen Slavchov
Rumen Slavchov
PR, IR, Marketing and Stucturing
Rumen Slavchov linkedin

Advisors

Ivan Anichkov
Ivan Anichkov
Advisor Enterprise solutions, Data Expert
Ivan Anichkov linkedin
John McNaughton
John McNaughton
Advisor Payments processing and finance advisor
John McNaughton linkedin
Sergey Fradkov
Sergey Fradkov
International scaling and business development
Sergey Fradkov linkedin
Roman Yankovskiy
Roman Yankovskiy
Legal Advisor
Roman Yankovskiy linkedin
Reuben Godfrey
Reuben Godfrey
Advisor, PR, global scaling
Reuben Godfrey linkedin
Jason Hung
Jason Hung
Advisor, technology, Greater China scaling
Jason Hung linkedin
Sergei Repko
Sergei Repko
ICO strategy, marketing, IR
Sergei Repko linkedin
Renat Razumov
Renat Razumov
Advisor blockchain, vision
Renat Razumov linkedin
Nathan Christian
Nathan Christian
Advisor
Nathan Christian linkedin
Alex Linenko
Alex Linenko
Tokenomics, business and financial model, strategy.
Alex Linenko linkedin
Anton Pushkov
Anton Pushkov
Legal Advisor
Anton Pushkov linkedin

Social media

BitRewards web-siteBitRewards RedditBitRewards MediumBitRewards TelegramBitRewards BTCTalkBitRewards LinkedInBitRewards X (Twitter)BitRewards FacebookBitRewards DiscordBitRewards Github

Leave a Reply

Your email address will not be published. Required fields are marked *

Sponsored Crypto Projects

Newly Published