Review on BitRewards by Stephen Toluwani
A great project abandoned, but hope is still there.
After reading a 70-page long white paper that detailed the vision of this project, I was compelled to believe in it's inevitable success, it's kind of hard to believe it didn't go far. One can attribute the lack of succeeding due to lack of adoption of cryptocurrencies generally, as the world might not have been positioned ready for something just as such. Bitrewards, an Ethereum based project meant for sharing loyalty rewards via smart contracts execution appears to have been going gradually into success but with the market not being able to understand a product just as this, made things hard for the project to proceed valuewise positively. The value of the token has for so long, been very low and trading volumes hitting new lows everyday, more like the project got abandoned by all and sundry.
Having a 20 man team to create a project as Bitrewards, continuity can still be achieved and I believe soon, with adoption sharply rising, Bitrewards will clinch it's revered name again when it gets resusticated and new integrations and merging and partnerships are formed. I still very much believe in the viability of this project success, though in my view, Its best to keep away from the project for the time being, just to be safe.
Pros
- The project has a working website
- Well detailed white paper that tells us how the project works
Cons
- Project is more or less appearing abandoned as there is little trading volume recorded for the token daily
- The Telegram group of this project has little activity going on, no chats or interaction of any kind
