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bitrewards ico

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. BIT can also be redeemed at the same online store or used at other online stores participating in the BitRewards network.

Why Blockchain Loyalty Programs Provide A Win for Companies and Consumers Alike Bitcoinist.com – Bitcoinist

Why Blockchain Loyalty Programs Provide A Win for Companies and Consumers Alike Bitcoinist.com.

Posted: Sat, 24 Feb 2018 21:51:49 GMT [source]

What makes BitRewards unique is that participating businesses use the platform to reward customers with cryptocurrencies instead of other alternatives. As mentioned earlier, all kinds of businesses are welcome and since everything is digital, business owners can easily scale their BitRewards loyalty program along with the growth of their business. Because of how the loyalty program works, the incentives for customers to spend and stay loyal to a store increases over time especially if the value of BIT rises. Since customers are rewarded in BIT which can be exchanged to real money or other cryptocurrencies, customer loyalty and trust will also increase. This leads to greater revenue for participating stores and greater rewards for customers—a win-win solution. BITREWARDS is a B2B2C rewards and loyalty solution built using Block chain and smart contract technology.

Project team

BitRewards is one of the first blockchain movers in a +$100 billion industry of loyalty software, points, miles, stamps, bonuses and gift cards. As the value of BIT rises, the value of the customers’ wallets also rises which means that customers earn more the more they spend or as time goes on. This is stark in contrast to traditional loyalty programs which often have little to no value, nor do they appreciate over time.

bitrewards ico

On top of this, TravebyBit also allows you to earn Bitcoin rewards of up to 10% when booking eligible flights & hotels. This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens.

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He is fascinated by this new direction that the tech industry — and really all industry — is taking, and understands the potential, the power, and the promise of putting capital funding in the hands of the public. Integration of loyalty system with Lightning Network and Raiden Network (after the launch of these technologies). ICO Drops is an independent sps splinterlands price ICO (Token Sale) database and is not affiliated with any ICO project or company. It allows creators to grow their fanbase, and reward their viewers while monetizing their content all for free. And the merchants need to protect their bottom line and try to extract as much from every customer as possible often slipping to manipulation.

BitRewards Earn Loyalty Points and Cashback in Crypto ICO … – ChipIn

BitRewards Earn Loyalty Points and Cashback in Crypto ICO ….

Posted: Wed, 28 Mar 2018 17:05:38 GMT [source]

Travala prides itself on being the leading cryptocurrency booking service offering over 2,000,000+ hotels & accommodations with up to 40% savings. Brave is a new type of crypto-focused web browser that lets users earn Basic Attention Tokens while surfing the web. The browser blocks ads and website trackers but gives users a choice to earn by letting the browser anonymously monitor user attention, then reward them accordingly with BATs.

О проекте BitRewards

Have you ever thought of booking hotels & flights using cryptocurrencies while simultaneously earning free Bitcoins by doing so? Cryptocurrency cashback programs allow even novice new comers to “stack sats” and become part of the ever-growing crypto economy. The customers don’t care about the loyalty to brands or merchants — they want free stuff and easily switch brands. At this point in time, BitRewards already has more than 80 merchants registered on the platform. These merchants are currently being verified and guided through a pilot program to launch BitReward’s first batch of partner stores. For retailers, the task of setting up BitRewards may sound difficult especially for business owners who are not tech-savvy.

  • Recently, more and more innovative businesses are starting to use cryptocurrencies and the blockchain in loyalty programs as an alternative.
  • 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.
  • BIT tokens can be redeemed with any BitRewards partner store or traded at an exchange.
  • This is stark in contrast to traditional loyalty programs which often have little to no value, nor do they appreciate over time.
  • Since customers are rewarded in BIT which can be exchanged to real money or other cryptocurrencies, customer loyalty and trust will also increase.
  • CoinRebates is an easy to use Bitcoin reward program where you simply paste your Bitcoin address and choose the store where you want to shop.

Buyers using the BitRewards platform get rewards in cryptocurrency that are not tied up to one store. 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. The customers can also buy BIT on the open market (e.g. exchanges, etc.) or via the Bancor liquidity smart contract. BitRewards also uses AI in its system to automatically configure the program’s functions to meet the unique needs of each business. This will help businesses to adapt its loyalty programs to their own unique target audience without requiring timely and expensive changes, contributing to a greater ROI compared to other loyalty programs.

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To ensure that customers receive their BIT properly, each customer will have their own cryptocurrency wallet to store the received BIT along with a mobile app and other perks to benefit the customer as much as possible. Customers that shop at other participating stores do not need to have separate wallets for each store as BIT received from all partnered stores are stored in the same wallet automatically. Recently, more and more innovative businesses are starting to use cryptocurrencies and the blockchain in loyalty programs as an alternative. This presents a solution to the inherent problems in loyalty programs but in order for it to work properly, an efficient system must be in place to facilitate every process from start to finish. BitcoinRewards is a unique platform in the sense that you can earn a cashback in multiple cryptocurrencies, including Bitcoin, Binance Coin, and Bitcoin Cash.

bitrewards ico

Coupled with business development and financial expertise of other members, the team is perfectly prepared to deliver an impeccable product to the global market. Competition is far behind with little experience, confusing business models and often non-existing product. Loyalty and cashback programs have long been the go-to choice for businesses to reward customers.

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). Merchants get valuable loyalty technology, which allows them to manage the behavior of their users via the data-driven set of tools, which they can frictionlessly integrate with their web stores. It has an absolute value for the customers, as they get for their purchases and activities the liquid Ethereum-based tokens, which can be traded at an exchange, transferred to another wallet or redeemed for purchases.

bitrewards ico

The API provided by BitRewards can also be easily integrated into other platforms by developers if needed. This is partly due to the fact that it’s well-known among today’s consumers but more importantly, it helps to boost customer loyalty and trust which are two major factors in generating revenue. ICO Listing Online is an independent ICO rating and listing platform and a blockchain community with increasing users daily. If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact with detailed information about your concerns. With the advent of decentralized technologies, bringing the new approach to the transfer of value, the loyalty industry is bound to change profoundly.

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’ revenue by dozens of percents. The stores are also tapping into the cryptoenthusiasts 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 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.

  • Its technology is based on GIFTD, a SaaS project operating in the field of user rewards and loyalty for more than five years.
  • What makes BitRewards unique is that participating businesses use the platform to reward customers with cryptocurrencies instead of other alternatives.
  • BitRewards is one of the first blockchain movers in a +$100 billion industry of loyalty software, points, miles, stamps, bonuses and gift cards.
  • The API provided by BitRewards can also be easily integrated into other platforms by developers if needed.