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BitRewards

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Blockchain rewards and loyalty platform

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Crowdsale cap

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Smart contract blockchain

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Team:

Alex Egorov - CEO

Alexander Nevidimov - CTO, Blockchain architecture, Big Data expert

Andrey Kladov - Mobile architecture, blockchain

Vitaliy Makarenko - COO

Marat Arslanov - CMO

Segey Alisov - Head of design

BitRewards is a blockchain loyalty platform and ecosystem that enables retailers to reward their customers' purchases, friends' invited and other 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 traded at an exchange, transferred to another wallet or redeemed for purchases. The price of the tokens is also set for growth due to our unique business model, so these rewards will go up in value in the course of time, rather than expire.

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 more loyal. A comprehensive loyalty program increases the retailers’ revenue by dozens of percent. The stores are also tapping into the crypto-enthusiasts audience, which is very 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. They will only have to buy in the open market the BIT tokens 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.

Expert Review

TokenTops
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4 out of 5

BitRewards is a blockchain rewards and loyalty system for e-commerce businesses. The pros of the project are - basing on already working loyalty SaaS business GIFTD since 2012, detailed White Paper with in-depth review of the system and team with a great background. Project team is open to public and take part in Interview and Conferences. Smart contract is available, so everybody can audit and check it for bugs and mistakes. On the other side budget allocation is not really justified - too much is allocated to the management - 16% - while just 27% to development. And of course highly competitive environment with big players.

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