Bringing Rocket Science Down to Earth!

Monthly Archives: July 2021

BitRewards BIT ICO rating and profile

Опубликовано: July 30, 2021 в 4:55 pm

Автор:

Категории: Cryptocurrency News

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.

  • On top of this, TravebyBit also allows you to earn Bitcoin rewards of up to 10% when booking eligible flights & hotels.
  • BitRewards is one of the first blockchain movers in a +$100 billion industry of loyalty software, points, miles, stamps, bonuses and gift cards.
  • And the merchants need to protect their bottom line and try to extract as much from every customer as possible often slipping to manipulation.
  • 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.
  • BIT can also be redeemed at the same online store or used at other online stores participating in the BitRewards network.

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. 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. The tokens are also designed so that they can go up in value in the course of time, which will give the customers a chance to see their rewards appreciate rather than expire. 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.

What is BitRewards (BIT)

Thankfully, partnering with BitRewards is as simple as installing an extension to connect to the network. Everything else after that is automatically done by the platform for businesses to enjoy the benefits of BitRewards. BitRewards also recently announced partnerships with fellow blockchain startups Mark.Space, a 3D/VR blockchain ecosystem, and AdHive, an AI-powered influencer marketing platform, to further benefit users of the platform.

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. It enables online stores to reward their shoppers with a cryptocurrency “BIT”, which helps to increase sales by an average of 17%. Because of the blockchain and our unique business model, this cutting-edge loyalty system is offered to the businesses free of charge.

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. Like several other previously launched loyalty programs, BitRewards too has something different to provide its target users. For example, customers may receive BIT based on a percentage of the total amount spent in an online store transaction. Customers can also receive BIT for referral purchases or even for social media metrics such as shares or likes. Loyalty and cashback programs have long been the go-to choice for businesses to reward customers. Simply select a shop and click to the website, make your purchase and earn free bitcoins via Lightning.

GIFTD was extremely successful and effective in the market, with participating small and medium-sized businesses enjoying a 17% increase in revenue on average thanks to the platform’s value proposition. 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. 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 is one of the first blockchain movers in a +$100 billion industry of loyalty software, points, miles, stamps, bonuses and gift cards. For retailers, the task of setting up BitRewards may sound difficult especially for business owners who are not tech-savvy.

  • Buyers using the BitRewards platform get rewards in cryptocurrency that are not tied up to one store.
  • Besides, having a loyalty program does not guarantee a business good results as customers may not accept it as well as retailers expect.
  • BitRewards also uses AI in its system to automatically configure the program’s functions to meet the unique needs of each business.
  • Thankfully, partnering with BitRewards is as simple as installing an extension to connect to the network.
  • At this point in time, BitRewards already has more than 80 merchants registered on the platform.

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. The customers don’t care about the loyalty to brands or merchants — they want free stuff and easily switch brands. ICO Listing Online is an independent ICO rating how to draw a beat and listing platform and a blockchain community with increasing users daily. Like any other cryptocurrency, BIT can be exchanged for other cryptocurrencies or exchanged to fiat (cash) if a customer does not plan to hold it. The team of BitRewards consists of probably the strongest tech core, who works on the blockchain for the retail industry.

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. Satsy lets anyone to quick and easily earn Bitcoin rewards for completing simple tasks and shopping online. Play games, fill up surveys, shop online, and get % of your purchase back paid in Bitcoin. 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. You then pay normally using PayPal or credit card, and Bitcoins get credited to you in 48 hours.

About BitRewards
BitRewards is a blockchain rewards and loyalty system for e-commerce businesses. BIT can also be redeemed at the same online store or used at other online stores participating in the BitRewards network. At the same time, a customer’s BIT balance can be connected to a bank debit card which allows the customer to spend BIT like fiat, a feature not available in traditional point-based loyalty programs. All customers have to do is to register on the platform, they will then receive their own cryptocurrency wallets which can store BIT to be redeemed at participating online stores or used like regular debit cards.

Token Sale:

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. 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. And the merchants need to protect their bottom line and try to extract as much from every customer as possible often slipping to manipulation.

ClinTex – Revolutionizing Clinical Trials Via Collaboration & Interoperability With The Blockchain

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 how to buy zelda inu GIFTD, a SaaS project operating in the field of user rewards and loyalty for more than five years. It enables online stores to reward their shoppers with a cryptocurrency “BIT”, which helps to increase sales by an average of 17%.

Fund is Here: 30 Companies, 1 Digital Token = A Whole New Way to Win at Startup Investing

The platform enables merchants to reward shoppers with bitrewards token (BT) for their friends purchases and other valuable actions with configurable rewards. Another fact to consider is that other loyalty programs in the market charge at least $200 per month with the higher end ones costing up to 4 or 5 digits per month. In BitRewards, however, retailers don’t have to pay a single cent to set up the blockchain loyalty program. Retailers only need to buy BIT to fund the capital of the loyalty program but that cost is easily recovered by the increased customer loyalty and increased revenue from using the network. Customers of online stores participating in the BitRewards network are rewarded with BIT, the platform’s official cryptocurrency, as a cashback for meaningful actions decided by the stores themselves.

Meet the Boss – Exclusive Interview with Iconiq Holding CEO Patrick Lowry

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. To add to the credibility of the lunyr price prediction platform, BitRewards is highly rated across the board with a 9.0 rating from ICOrating and a similarly excellent 4.5 (out of 5) rating from ICOBench. The platform has also successfully reached its soft cap of $3,000,000 before the main token sale even started, showing the confidence and trust of investors in the platform.

Fold is a Bitcoin reward program that allows you to earn cashback in Bitcoin whenever you shop online. The platform allows earning of up to 20% cashback in bitcoin on every purchase instantly, and privately. 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. 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. BitRewards is based on GIFTD, a motivational marketing SaaS for SMEs that has been (and still is) on the market for over 5 years.