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BitRewards [BIT]

Welcome my friends to a new interesting ICO today and let’s see their great idea:

Cashback & Loyalty Points in Cryptocurrency

BitRewards is a blockchain devotion stage and biological system that empowers retailers to compensate their clients buys, companions welcomed and other configurable activities with cryptographic money.

The project vision, mission and path:

BitRewards additionally conveys a considerable measure of advantages to the retailers, since they get clients that are more happy with the prizes in crypto and turn out to be significantly more steadfast. A far reaching dependability program builds the retailers’ income by many percents. The stores are additionally taking advantage of the cryptoenthusiasts gathering of people, which is very dynamic and acknowledges the consideration from the normal organizations.

The special incentive for the retailers is that BitRewards will offer this important and costly dedication innovation for nothing out of pocket. The retailers will just need to purchase BIT in the open market to compensate their clients.

The decentralized prizes administration on blockchain makes the stage novel and conveys incredible incentive to all stage individuals and their clients:

for the retailers – a premium blockchain unwaveringness administration framework with an estimation of $200-$2000 every month for nothing.

for the clients – digital currency rewards, which they can transform into genuine cash or recover for buys and which don’t terminate and have a tendency to go up in cost.

BitRewards likewise utilizes AI-based prescient examination, which permits to design the prizes and activities for every specific business to address its extraordinary target gathering of people and accomplish the most astounding rate of return from each dollar spent on the prizes.

BitRewards is perfect with most existing web based business frameworks (Magento, Shopify, WordPress, Ecwid, and so on.). It is anything but difficult to coordinate and has a straightforward API.

How it functions:

  1. The retailers associate with the BitRewards faithfulness framework by introducing the readymade GIFTD augmentation or by incorporating it with their own dedication framework.
  2. This arrangement rewards clients with BIT for their and their companions’ buys and additionally different activities. The module plays out all the required token handling through the BitRewards stage.
  3. The estimation of BIT may acknowledge in light of the constrained starting issuance of 2 billion tokens and the consistent driving interest for tokens from the developing number of retailers joining the stage.
  4. The likely energy about BIT urges clients to spare their tokens as opposed to recovering them for buys, subsequently likewise decreasing the measure of free-drifting tokens.

How clients earn BIT:

  1. A client makes a buy in an online store, which is associated with the BitRewards module and sees the reward they can gain for each thing they purchase in the store.
  2. They enlist through an interpersonal organization, email or telephone.
  3. The client sees affirmation of their BIT compensate after the culmination of their buy.
  4. They likewise have simple access to the their wallet by means of the online store’s site.
  5. Every client enlisted in the unwaveringness arrangement of the BitRewards Network on the retailer’s site consequently gets a cryptowallet with a special Ethereum-address. This can thus be utilized for the accepting and sending of Ether as well as some other ERC20 tokens, while filling in as an installment for merchandise or administrations of this or some other retailer inside the BitRewards Network.
  6. If necessary, tokens can be sent to any Ethereum good wallet.
  7. An affirmation message in regards to the fruitful exchange of BIT is appeared on the screen and sent to the client’s email, if gave.

BitRewards Tokens are additionally simple to reclaim. A client will simply need to take note of what number of BIT he or she needs to spend on the buy, and the request sum will be decreased, contingent upon the present market rate of BIT.

Product architecture:

For retailers:

  • Plugins for online shopping platforms
  • Merchant’s dashboard
  • Retailer’s crypto-wallet
  • Auxiliary parts of the system

For Customers

  • Customer’s loyalty program dashboard with integrated cryptowallet and access to the merchants’ websites
  • Mobile applications

The project roadmap:


  • Development of a points based loyalty system, GIFTD designed to reward shoppers
  • Structuring the concept with loyalty and rewards tools, and customer development of the cryptorewards for e-commerce industry, team hiring.


  • 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.
  • Retailer Crypto-wallet and liquidity management smart contract.
  • Integration of loyalty system with Lightning Network and Raiden Network (after the launch of these technologies).
  • Customer’s Mobile app with crypto-wallet.
  • The Alfa-version of the AI-based rewards recommendation and items recommendation.
  • Mobile SDK for merchants’ apps


  • Integration of AI and machine learning into the BitRewards platform.
  • Blockchain based traffic exchange between online and offline merchants.

The Project Team:

BitRewards has been designed and created by a highly experienced team of 17 member of technology experts. The team’s members bring together expertise that gives them a deep understanding of the challenges faced by many crypto enterprises including the legal, regulatory and compliance issues. They have experience of 5 years in a loyalty SaaS company that helps hundreds of small and medium-sized e-commerce businesses to increase their revenue.

  • Alex Egorov – CEO
  • Alexander Nevidimov – CTO, Blockchain architecture, Big Data expert
  • Andrey Kladov – Mobile architecture, blockchain
  • Vitaliy Makarenko – COO
  • Marat Arslanov – CMO
  • plus the BitRewards team & advisers


  • Token: BitRewards
  • Abreviation: BIT
  • Platform: Ethereum
  • Accepting: ETH, BTC
  • Total supply: 2b BIT
  • 1.000 BIT = 0.3472 ETH

More info:

Tokens Sale availability (main sale):

  • Pre-sale: 12.Jan-15.Mar.2018
  • Start date: 12.Apr.2018
  • End date: 31.May.2018



About the author (BTC profile)

My passion for everything that means cutting-edge technology, blockchain, cryptocurrency, ICOs and not only made this article to be alive. I’m Alex Hummels and I wish you “happy reading” of others of my articles. Thank you all.

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