Loyalty is trust. Trust is considered a new currency, very similar to bitcoin, because what differentiates the reliability between a company and its competition is the amount of money each one will earn.
Identifying the Problem
Every year, millions of retailers spend more than 20,000 million dollars in software to increase the confidence of their customers. They need to do this to be competitive in today's crowded market.
These loyalty programs are not only expensive, but they consume a lot of time and inconvenient to install. Frequently, customers become more frustrated when they participate in them, complain about the difficulty of getting points or bonuses and redeem them. This translates to the fact that most loyalty programs simply do not pay for themselves, and disappear in less than 12 months.
How BitRewards can solve all the problems of these loyalty systems
Inactivity of the account
BitRewards has consolidated merchants into the integrated open-loop loyalty system and provides them with an easy and comfortable user interface with a customer-centric approach. All users will have a single wallet, accessible from the website of all participating merchants, or from a web or mobile application. You do not need to register for any loyalty program of each retailer, and the acquired tokens can be exchanged with the other members of the network.
The customer-oriented approach in BitRewardsNetwork
Lower refund percentage
BitRewards will transfer the value in tokens and credit it directly to the client's portfolio. The amount of the bonuses expressed in crypto-currencies will increase with the rise of the crypto-economy and the market share of services and infrastructures based on the block chain, which will allow customers to invest their tokens in additional purchases. On the other hand, customers will receive regular reports and opportunities from the different stores where they have made their purchases, which will allow them to incentivize new actions.
Increase in costs for customer service.
The merchant can make free use of the BitRewards platform. It can be installed and configured in a simple way and it is not necessary to have special technical knowledge.The work around receiving and spending the BitRewards tokens will be a standard among all participating customers, and the questions will be answered by the BitRewards service operator, who provides technology guidance, support and quality assurance.
Less motivation for the bonuses offered.
Consumers perceive the crypto-currency they receive as "free". Their increased interest in crypto currencies and the demand for value rewards from the sites where they will buy will be stimulated.
The advantages of BitRewards
The experience of new customers
The decentralized system of decentralized loyalty of BitRewards provides the client with a unique and pleasant opportunity for the user:
- The client's console becomes a true cryptographic portfolio connected to hundreds of commercial establishments.
- The bonuses of different merchants in the form of BIT will be accumulated through a customer account, which is connected to the entire BitRewards network.
- The tokens could be used with all merchants within the BitRewards Network and associates that promote their businesses with bonuses and other additional discounts for BIT token holders.
- The client's crypto-wallet BIT balance will also be connected to the plastic or virtual bank debit card, which users can use as if they used their normal Visa or Mastercard.
- Great flexibility and rewards security: tokens do not expire unlike points; they can not be lost, or cease to exist if the merchant goes out of business.
- A simple way to make purchases in crypto currency: Ethereum and Bitcoin could be credited to a BitRewards account of the client and be used as payment with participating BitRewards stores.
- The price of the token is established for the estimation by the growing demand of the retailers and the generality of the dominant bull market of the crypto-markets at this moment.
Benefits for merchants
The merchants that connect to the BitRewards Network will acquire new marketing strategies and build customer loyalty:
- It is a free loyalty program that is flexible and powerful for all businesses, brands and services.
- Exceptional opportunity to reward its customers and satisfy the needs of crypto currency enthusiasts.
- A great opportunity to stand out among the competition and encourage a brand or store.
- Important advantage for customers: the BitReward business model suggests a constant perception of BIT. (When a client has a BIT as a reward for an establishment, the value may increase over time).
- The seamless conversion of BIT into Bitcoin, Ether and any other crypto-currency in the user's portfolio of the websites of the merchants, or in any other portfolio or exchange.
- Great incentive to customers when their reward increases, which allows commercial establishments to communicate good news and get many benefits.
- BIT cross-accreditation: Participants can exchange BitRewards Tokens with affiliated establishments or any other participating operator. Something that will make them feel much more valued than when they receive standard points.
Operation of BIT
The objective is to develop a platform of loyalty and rewards that extends to the online shops of all its modalities, measures and that allows them to connect with their customers through the BIT tokens.
From the new and profitable product with 5 years of experience in the market. The turnover has increased by 17% on average.
The buyer is rewarded with BIT tokens
With your purchases, invitations from friends, Facebook and much more. BIT can be exchanged or cashed.
Traders acquire BIT, people save BIT
If buyers get liquid token, merchants receive more sales. Communities would benefit from the growth of the ecosystem.
Technology
With the birth of the block chain, the fractured loyalty industry has to change. The big ones convinced that intelligent contracting and cryptocurrency are the central engine and the fuel for the new era of customer loyalty. Ethereum allows to implement an elegant technical solution
Project roadmap
- Development of a loyalty system based on GIFTD points designed to reward buyers.
- November, 2016 - February, 2017
- Completed
- Structuring the concept of using the Ethereum block chain with loyalty and reward tools and customer development of crypto-rewards for the e-commerce industry, equipment contracting.
- February - October, 2017
- Completed
- The platform for rewards and loyalty with web applications with the crypt-pallet of retailers and users, linked to the BitRewards loyalty program, the expansion of the US market. UU., Research, customer development and marketing campaign.
- October, 2017 - May, 2018
- Current stage
- Merchant Smart Crypto-wallet contract and liquidity management
- March - June, 2018
- Loyalty system integration with Lightning Network and Raiden Network (after the launch of these technologies)
- June - July, 2018
- Client mobile application with crypto-wallet
- June - August, 2018
- The Alpha version of the recommendation of rewards based on the AI and the recommendation of articles, the Asian market expansion, research, customer development, marketing campaign.
- July - November, 2018
- mobile SDK for commercial applications
- September - December, 2018
- Integration of AI and automatic learning in the BitRewards platform
- January - April, 2019
- Traffic exchange based on the block chain between online and offline merchants
- April - May, 2019
About the Token
- Token issue volume Up to 2,000 million
- Symbolic sales volume Up to 1.28 billion
- Start date of the presale: December 25, 2017
- The sale closes on April 30, 2018
- Launching of the smart interchange contract on May 11, 2018
- Issue date Token May 10, 2018
- Stop Min $ 3 000 000
- Top Max $ 15,000,000
- All unsold chips will be burned.
- Use of funds Product development and global scale
- Minimum purchase amount of BIT 1000 chips
Symbolic price
- 1 BIT 0.00003472 ETH
- 1 ETH 28 800 BIT
The work team.
- Alex - Egorov CEO
- Alexander Nevidimov - CTO, Architect of the block chain, Big Data Expert
- Andrey Kladov - Mobile architecture, block chain
- Vitaliy Makarenko - COO
- Marat Arslanov - OCM
- Segey Alisov - Head of Design
- Ilya Starovoitov - Business development
- Slava Zytsar - Frontend Engineer
- Dmitri Semenov - Engineer QA
- Max Litkevich - Technical Support Engineer
- Alexey Gritsyna - Business Development, Electronic Commerce
- Greg Mann - USA Sales and IR, member of the Board of Directors
- Rumen Slavchov PR, IR, Marketing and Stucturing
- Nick Avramov - Head of Public Relations
- Iaroslav Marakhonov Chief of Communications
- Alexander Bulekov Chief of Communications
- Alina Terehova Community Director
- Vladislav Sheludchenkov - Community Manager
- Daniil Bryukhin - Sales Manager
Other members of the technical team
- Sergey Kulitskiy - Backend Engineer
- Nail Gazizyanov - Chat-bot, machine learning engineer
- Vasiliy Kurkin - Engineer Fullstack.
- Sergey Edinin - Backend developer.
- Evgheniy Ahmetgareev - Network Security Engineer.
- Roman Mukhutdinov - Frontend Engineer.
- Ramil Zayneev, developer of Full Stack.
Advisors
- Ivan Anichkov - Advisor - Business solutions, Data expert,
- John McNaughton - Advisor - Advisor - Payment processing and financial advisor
- Jason Hung Advisor, technology, Great China Scale
- Sergey Fradkov International scale and business development
- Roman Yankovskiy Legal Adviser
- Reuben Godfrey Advisor, Public Relations, global scale
- Nathan Christian Blockchain Technology Advisor
- Sergei Repko ICO ICO strategy, marketing, IR
- Renat Razumov Advisor to the blocking chain, vision
- Anton Pushkov Legal Adviser
- Alex Linenko Tokenomics, business and financial model, strategy
- Artem Chestnov Advisor, Member of the Board of Directors, BitRewards
PlatformLink
- Website https://bitrewards.network/
- Telegram https://t.me/bitrewards
- Ann https://bitcointalk.org/index.php?topic=2409919
- Facebook https://www.facebook.com/bitrewards.network
- Twitter https://twitter.com/bitrewards
- Linkedin https://www.linkedin.com/company/bitrewards
- Medium https://medium.com/@bitrewards
- Reddit https://www.reddit.com/user/BitRewards_network
- Github https://github.com/BitRewards
- Kakao https://open.kakao.com/o/gUwcM2G
Author: Heri adul
