Like several other previously launched loyalty programs, BitRewards too has something different to provide its target users. BitRewards, the world’s first blockchain-based loyalty platform, has successfully been conducting its pre-ICO that started on January 12, 2018, and is close to reaching its soft CAP of $3 million. 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.
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. TravelbyBit is a booking service for flights and hotels that allows users to pay with cryptocurrencies and save on credit card fees.
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. It is an internal currency that will be used to conduct all operations within the BitRewards ecosystem. Customers of the online stores qrl crypto participating in BitRewards Network will get BIT as a cash-back — a specific configurable percent on their purchases, their referral purchases, shares and likes in social networks and other actions. The cash-back will be credited to the customer’s automatically created crypto-wallet connected to the store via BitRewards plugin.
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. 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. We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies. 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.
ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies. The team of BitRewards consists of probably the strongest tech core, who works on the blockchain for the retail industry.
Loyalty programs are not easy to setup and they can become very expensive especially for small businesses. Besides, having a loyalty program does not guarantee a business good results as customers may not accept it as well as retailers expect. For instance, many loyalty programs are criticized for their difficulty in earning points which leads to lesser customer loyalty and trust—things you definitely do not want in a business.
BitRewards is based on GIFTD, a motivational marketing SaaS for SMEs that has been (and still is) on the market for over 5 years. 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. Simply select a shop and click to the website, make your purchase and earn free bitcoins via Lightning.
Because of the blockchain and our unique business model, this cutting-edge loyalty system is offered to the businesses free of charge. About BitRewards
BitRewards is a blockchain rewards and loyalty system for e-commerce businesses. The cost of such software starts from $200 per month, hence many retailers want to connect to the platform. BitRewards, moreover, uses AI-based predictive analytics that helps configure the rewards and actions for every specific business to address its unique target market and maximize ROI for each dollar spent on the rewards.
To add to the credibility of the 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. Introduction of digital gift cards and scanning of loyalty cards into the mobile wallet. ICO Drops receives a fee for advertising certain token sales, in which case such listing will be designated accordingly. Satsy lets anyone to quick and easily earn Bitcoin rewards for completing simple tasks and shopping online.
ICO Finch is an independent ICO listing and rating platform, not affiliated with any ICO project or company. After the token launch, the platform is going to create the decentralized autonomous organization. BitRewards ecosystem includes an infrastructural platform, community and a network of communication. EarnSats allows anyone to earn free bitcoins, by completing free offers, surveys, and other tasks.
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. For SMEs, these numbers add up over the year and make it very expensive to maintain. In BitRewards, however, retailers don’t have to pay a single cent to set up the blockchain loyalty program.
BitRewards enables retailers to make their customers more satisfied with the rewards in crypto and thus gaining their loyalty. A great loyalty program magnifies the retailer’s revenue by a significant percentage. The stores are capturing crypto-enthusiast market, which is active and embraces the attention from regular businesses. As mentioned earlier, earning and spending BIT in partner stores is incredibly simple. 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. BitRewards is a blockchain-based loyalty and rewards program for businesses worldwide.