jabrik edan: BitReward ICO

Introduction
Customer loyalty is the fuel that gets a business going. It is very important for establishments that loyal clients will trust. Because of this, retailers spend an estimated 20 billion dollars every year to improve the loyalty of their customers. This hefty amount is used on software such as loyalty and rewards program to ensure that they stay above their competitions in the industry. Loyalty programs to manage patronizing the services or products associated with each program. But oftentimes, these loyalty programs do not do the job they are intended for, thus wasting a business's and the clients' money and precious time.

That is why a team who worked together in GIFTD decided to remedy the situation. GIFTD is a Software as a Service (SaaS) company that has already helped by 17 percent by providing loyalty programs appropriate for them. The team from GIFTD thought that by incorporating loyalty programs into the blockchain, clients will be provided with an easy and transparent rewards system. Retailers will be able to save billions of revenues that they can spend on more important matters for improvement. They called this blockchain-based loyalty platform BitRewards.

How BIT works
Our mission is to create an appreciation and platform of fidelity that will penetrate 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 year market history. Revenue grew by 17% on average.

Buyers get prizes in BIT tokens
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.

How customers earn BIT. User experience.
The following workflow illustrates the BitRewards Tokens by completing their purchase at the BitRewards Network's member merchant.

1. A customer makes a purchase in an online store, which is connected to the BitRewards module and sees the reward they can earn for every item they buy in the store.

2. They register through a social network, email or phone.

3. The customer sees confirmation of their BIT rewards after the completion of their purchase.

4. They also have easy access to their wallet via the online store's website.

5. Each customer registered in the loyalty system of the BitRewards Network on the retailer's website is automatically receives a cryptowallet with a unique Ethereum-address. This can be in the case of receiving and sending of Ether and / or any other ERC20 tokens, while serving as a retailer within the BitRewards Network.

6. If needed, tokens can be sent to any Ethereum compatible wallet.

7. A confirmation message regarding the transfer of BIT is shown on the screen and sent to the user's email, if provided.

Steps to redeem BitReward Tokens for purchases:

The wallet with BIT is seamlessly integrated into the merchant's online store, and customers can choose what amount of BIT they want to redeem for their purchases.

The wallet is easily accessible from any merchant's website.

Product architecture.

Retailers

Plugins for online shopping platforms

Plugins for online shopping platforms are widgets, which can be set up as the loyalty program of the retailer, and to pay BitRewards as rebates to customers as their rewards for friends' purchases. The system of rewards and loyalty is based on the suite of solutions of GIFTD, which are widely applied in e-commerce:

A "cart protection" tool: incentivizes the completion purchases, which increases the amount of customers spend and reduces the amount of abandoned orders.

A referral system integrated with social networks.

Net promoter score calculator and Customer's reviews module.

Digital gift cards solutions, which enables customers to send gift cards via email, SMS, Facebook, etc.

Points-based loyalty system: Customers earn points for their actions and retailers can define which of the points they put into the BitRewards Tokens and at what rate.

These solutions will be transferred on the distributed ledger and will be available for free to all members of BitRewards. It will include API for integration of the existing loyalty programs of retailers.

For advanced customers who are concerned about the security issues of the third-party wallets, there will be following options available:

1. Transfer of BIT, ETH and any ERC20 tokens on any external wallet (including hardware wallets).

2. Downloading a private key from the BitRewards system. In this case, the encrypted private key will be deciphered and provided to the customer for storage on their computer or an external carrier, and the private key will be removed from the BitRewards Network base. From this time, BTW, ETH or any other tokens. If desired, the private key can be imported to the system again.

Participate in the Token Generation Event.

Token Issue Volume Up to 2 billion

Token Sale Volume Up to 1.28 billion

Pre-Sale start date December 25th, 2017

Sale closes April 30th, 2018

Exchanger Smart Contract Launch May 11th, 2018

Token Issue Date May 10th, 2018

Soft seal $ 3 000 000

Hard cap $ 15 000 000

Unsold tokens All unsold tokens will be burnt

Use of funds Product development & global scaling

Minimum amount of BIT tokens purchase 1000