BitRewards is a blockchain rewards and loyalty system for e-commerce businesses. 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.
With the advent of decentralized technologies, bringing the new approach to the transfer of value, the loyalty industry is bound to change profoundly.
Now merchants and customers are arch-enemies:
The customers don't care about the loyalty to brands or merchants — they want free stuff and easily switch brands.
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 is designed to turn this around and make merchants and customers friends again.
It is an AI-based blockchain loyalty platform and ecosystem that enables online retailers to reward their customers' purchases, friends' invites, social media actions, personal details and data sharing and other valuable behavior with crypto-currency "BIT".
Now Merchants and customers who become bitter enemies:
Customers are not concerned with brand loyalty or merchants - they want free and brand-changing stuff.
And the visitors have to protect them and try more from each customer may often slip into manipulation.
BitRewards is designed to change this and make friends more customers and merchants.
It's an AI-based blockchain loyalty and ecosystem that allows online retailers to buy them, invite friends, social media actions, personal details and share your data and other behaviors with a "little" crypto currency.
How Does BITS Work?
- Our mission is to create a reward and loyalty platform that will impregnate online retailers of all shapes and sizes and connect them with their customers based on BIT tokens.
- Merchants get free BIT software Based on innovative and profitable products with 5 years history of the market. Revenue grew by 17% on average #
- Buyers get prizes in BIT tokens To buy it, invite friends, like Facebook, and more. BITS can be redeemed or cashed. Traders buy BIT, people hold BITS
- The buyer gets the liquid tokens, the merchant gets more sales. Community benefits from ecosystem growth.
Merchants get BIT software for FREE
Based on innovative and profitable products with 5 years of market history. Revenue grew by 17% on average.
The buyer gets a reward in the BIT token
For their purchase, friend invites, likes Facebook, and more. BIT can be exchanged or disbursed.
Traders buy BIT, people hold BIT
The buyer gets the liquid tokens, the merchant gets more sales. Community benefits from ecosystem growth
Technology
With the advent of the blockchain, the damaged loyalty industry is bound to change. We are great believers that smart contracts and cryptoes are the core engines and fuel for a new era of customer loyalty. Ethereum allows the adoption of elegant technical solutions
The distributed ledgers and blockchain protocols bring unprecedented value to future loyalty programs:
For users:
- Rewards in cryptocurrency, which does not depend on the merchant's success
- Gifts, which appreciate rather than end
- Easily redeemable or exchanged for other liquid assets
- Customized, taste-tailored recommendations, awards & discounts (see BitRecommendations Recommendation)
For merchants:
- Free premium software, which improves user loyalty and sales
- Tokenization of the independent loyalty program and the vendor-specific token generation platform
- API use to nimbly connect proprietary loyalty programs to BitRewards tokens or other loyalty and reward programs
- Free BitRecommendations API that works on blockchain, managed by DAO in IPFS
For business development and security:
- DAO that ensures the efficiency of BitRewards network development
- Control merchant data, ensuring traders have and benefit from their raw data
- Rewards for developers, who create successful solutions and merchants and customers, who provide incentives for implementing the BitRewards network
Value for merchants
Merchants get cutting-edge solutions and cutting-edge loyalty for free (we now sell them for $ 200- $ 2000 per month)
This is a great new way to appreciate the moment and attract new customers.
They receive the latest free crypto-rewards system.
This gives them more sales (+ 17% on average).
A game-changing solution for merchants
AI-based BitRecommend recommendations
A solution of a decentralized, crowdsourced recommendation for an ecommerce business.
- Product recommendations
- Recommended gifts
- Financial score
- FREE for merchants connected with BitRewards
Factor for large scale
We solve some issues that make us disrupt the loyalty and gift market $ 20B + e-commerce. The main factors: the high cost and complexity of setting up loyalty, integration, and support systems for all forms and sizes of merchants, the complexity, and inability to use points earned for customers.
Factors affecting the BIT value of the token
Offers and requests determine the value of BIT. Requests are from merchants who use BIT to appreciate the actions of their customers. Supply comes from customers, who redeem their token.
Participate in Token Generation Event
ROAD MAP
TEAM
Big Data and AI Team
Other team members
ADVISORS
For More Information:
Website: https://bitrewards.network/
Whitepaper: https://bitrewards.network/wp.pdf
Telegram: https://t.me/bitrewards
Twitter: https://twitter.com/bitrewards
Medium: https://medium.com/@bitrewards
AUTHOR: cobaahyuk
ETH: 0x952Ba6f317cdD5f5aa6655CE6eCdcEd0252a72d2
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