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BitRewards (BIT) ICO

Past ICO
Apr 12, 2018 – May 31, 2018

BitRewards is blockchain rewards and loyalty platform.

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BitRewards (BIT) ratings

ICOrating.com BitRewards (BIT) icorating
Hype score High
Risk score Medium
Investment rating NA
ICObench.com BitRewards (BIT) icobench 4.4 / 5
ICOmarks.com BitRewards (BIT) icomarks NA
TrackICO.io BitRewards (BIT) trackico 4.8 / 5
ICOholder.com BitRewards (BIT) icoholder 4.4 / 5
Our rating
9.1
Claim admin rights for this ICO

Overview

Project industry Marketing & Advertising
Product type Platform

Features

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.

ICO Details

Pre-ICO token supply: 191000000
ICO 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 (BIT) 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

CEO in BitRewards (BIT) - 1
Alex Egorov
CEO
linkedin
CTO, Blockchain architecture, Big Data expert in BitRewards (BIT) - 2
Alexander Nevidimov
CTO, Blockchain architecture, Big Data expert
linkedin
Mobile architecture, blockchain in BitRewards (BIT) - 3
Andrey Kladov
Mobile architecture, blockchain
linkedin
COO in BitRewards (BIT) - 4
Vitaliy Makarenko
COO
linkedin
CMO in BitRewards (BIT) - 5
Marat Arslanov
CMO
linkedin
Head of design in BitRewards (BIT) - 6
Segey Alisov
Head of design
linkedin
Business Development in BitRewards (BIT) - 7
Ilya Starovoitov
Business Development
linkedin
Frontend engineer in BitRewards (BIT) - 8
Slava Zytsar
Frontend engineer
linkedin
QA engineer in BitRewards (BIT) - 9
Dmitri Semenov
QA engineer
linkedin
Technical support engineer in BitRewards (BIT) - 10
Max Litkevich
Technical support engineer
linkedin
Chat-bot, machine learning engineer in BitRewards (BIT) - 11
Nail Gazizyanov
Chat-bot, machine learning engineer
linkedin
Fullstack engineer in BitRewards (BIT) - 12
Vasiliy Kurkin
Fullstack engineer
linkedin
Backend developer in BitRewards (BIT) - 13
Sergey Edinin
Backend developer
linkedin
Network security engineer in BitRewards (BIT) - 14
Evgheniy Ahmetgareev
Network security engineer
linkedin
Frontend engineer in BitRewards (BIT) - 15
Roman Mukhutdinov
Frontend engineer
linkedin
Full-stack developer in BitRewards (BIT) - 16
Ramil Zayneev
Full-stack developer
linkedin
Business Development, E-commerce in BitRewards (BIT) - 17
Alexey Gritsyna
Business Development, E-commerce
linkedin
USA Sales and IR, Board member in BitRewards (BIT) - 18
Greg Mann
USA Sales and IR, Board member
linkedin
PR, IR, Marketing and Stucturing in BitRewards (BIT) - 19
Rumen Slavchov
PR, IR, Marketing and Stucturing
linkedin

Advisors

Advisor Enterprise solutions, Data Expert in BitRewards (BIT) - 20
Ivan Anichkov
Advisor Enterprise solutions, Data Expert
linkedin
Advisor Payments processing and finance advisor in BitRewards (BIT) - 21
John McNaughton
Advisor Payments processing and finance advisor
linkedin
International scaling and business development in BitRewards (BIT) - 22
Sergey Fradkov
International scaling and business development
linkedin
Legal Advisor in BitRewards (BIT) - 23
Roman Yankovskiy
Legal Advisor
linkedin
Advisor, PR, global scaling in BitRewards (BIT) - 24
Reuben Godfrey
Advisor, PR, global scaling
linkedin
Advisor, technology, Greater China scaling in BitRewards (BIT) - 25
Jason Hung
Advisor, technology, Greater China scaling
linkedin
ICO strategy, marketing, IR in BitRewards (BIT) - 26
Sergei Repko
ICO strategy, marketing, IR
linkedin
Advisor blockchain, vision in BitRewards (BIT) - 27
Renat Razumov
Advisor blockchain, vision
linkedin
Advisor in BitRewards (BIT) - 28
Nathan Christian
Advisor
linkedin
Tokenomics, business and financial model, strategy. in BitRewards (BIT) - 29
Alex Linenko
Tokenomics, business and financial model, strategy.
linkedin
Legal Advisor in BitRewards (BIT) - 30
Anton Pushkov
Legal Advisor
linkedin

Social media

Web-site Reddit Medium Telegram btctalk LinkedIn Twitter Facebook github

User rating:

5/5 ( 2 )

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