The Chris Voss Show - The Chris Voss Show Podcast – Rewards Bunny Jacky Goh CEO, & Ivaylo Yovkov COO Co-Founders Interview

Episode Date: December 22, 2021

Rewards Bunny Jacky Goh CEO, & Ivaylo Yovkov COO Co-Founders Interview Rewardsbunny.com Rewards Bunny, a cash-back platform that rewards users for online purchases in crypto or USD. Now, e-consumers can join the meteoric rising cryptocurrency community by simply shopping on the platform with major online retailers.

You wanted the best. You've got the best podcast, the hottest podcast in the world. The Chris Voss Show, the preeminent podcast with guests so smart you may experience serious brain bleed. Get ready, get ready, strap yourself in. Keep your hands, arms and legs inside the vehicle at all times. Because you're about to go on a monster education roller coaster with your brain. Now, here's your host, Chris Voss. Hi, folks. Chris Voss here from thechrisvossshow.com. The Chris Voss Show.com.

Hey, we're coming to you with another great podcast. We certainly appreciate you guys tuning in. Thanks for being here. To see the video version of this, go to goodreads.com. Well for so see my books go see goodreads.com for this christmas to see the video version let's go to youtube.com for just christmas see everything that's over there hit the bell notification button so you can see everything we're doing go to our groups on goodreads i'm sorry facebook linkedin youtube and twitter i'm just something like a goodreads thing i'm trying to get people to go over there i guess what. What's going on with that? So we have two gentlemen

on the show. They are the, I believe, the two gentlemen who work for Rewards Bunny. They're going to be on the show with us today talking about their program. Jackie and Ivy are with us today. Guys, introduce yourselves. Give us your titles and tell us what you do

there. Hi, it's Chris. Thanks for having us. Really love your energy on the show. Thanks, man. So my name is Jackie. So I'm the CEO and co-founder of Rewards Bunny. So a bit about Rewards Bunny is we are a cryptocurrency with a cashback platform that rewards users for their online shopping in crypto or US dollars. So you can earn cashback from any of the participating brands.

For example, if you purchase something from eBay through our platform, you can receive money back. Or let's say you decide to travel when COVID gets better and you book a trip or hotel from any of our partners, you'll be rewarded with cash back. Oh, wow. So it's basically a cash back awards program. What's the dot com on that again so we have it?

So you can find us on rewardsbunny.com. Okay, rewardsbunny.com. And then Ivy, go ahead and introduce yourself if you would, please. Give us your title and stuff. Yeah, my name is Ivy. Thank you, Chris, for having us, of course. Thanks for coming. It's a great pleasure.

I'm Ivelu, the CEO of Rewards Bunny and the co-founder. We founded Rewards Bunny with Jackie earlier this year. And just try our platform. We are doing everything we can to give you guys the best experience out there. And the big difference between the usual cashback platforms and us is that you can actually invest into crypto even if you're new to crypto or haven't invested yet. So just give it a try. Let us know what you think. We always strive to be the best out there.

There you go. So you guys are fairly new. You guys have kind of, what's unique about you guys is the investing in crypto with your awards as opposed to just getting some rewards back? Exactly, yeah. And then I guess they go to your website. I signed up this morning

and I got $5 for signing up. That was a pretty good deal. Congrats. Yeah, yeah, I'm rich. I'm going to go invest in Bitcoin, and I probably won't be doing the podcast next week because I'll be a millionaire. Put it in Dogecoin or something.

You guys have a token too, don't you? Is that correct? Yes, that's correct. Okay. And that's the Buy Our Bunny token? Yeah. So basically, you can buy our bunny token? Yeah. So you can yeah so basically you can buy

our bunny tokens on Binance Smart Chain network. So basically right now we are just right on decentralized finance

so you can actually get them from PancakeSwap. Yeah. So the tokens will be used for future utilities like membership tiers

or even future if let's say when we roll out our debit card you have different tiers and you can get more cash back based on the amount of Arbani that you hold. And then I see NFT here on the system as well.

Tell us a little bit about that. So in the near future, we'll be rolling out our own Arbani NFTs. So it'll be more than a collectible. So it has a utility tied to it. So by getting Arbani NFTs, you'll be having more utilities to having more cashback. You're having a lesser cashback reduction time. So basically you can get cashback even faster than before. So there'll be different tiers as well

that is tied to your NFT program. So you'll have access to future benefits and future drops or whatever that we are having in the future and then how much how much cash back can i get on the program okay for cash back on the program it really depends on the participating brands that you'll be buying from so for example there are some brands that you give up to 30 or even up to 50 so it really depends on the promotion they are running on and yeah so for example if let's say you do a trip on booking.com they're actually giving like seven percent of a cash back when you go on a trip so for example every hundred dollars you spend let's say you go to a trip to

let's say japan and let's say one thousand dollars and say $1,000, and 7% will give you $70 back. So you can sort of, your meal over there in Japan is fully settled. Oh, wow. And you guys have over 1,000 plus popular brands you guys work with. Yeah, that's correct. Awesome. I'm looking over some of the names

just at the start here. Walmart, eBay, AliExpress, Booking.com, Trip.com, just to name a few right off the start here, Walmart, eBay, AliExpress, Booking.com, Trip.com. I just named a few right off the top here. And basically, you go to the website, you go through the portal and you just say, hey, I want to go shopping at Walmart. And then it tracks your purchases at Walmart or wherever the vendor is and gives you up to, it looks like Walmart's up to 0.35%. You get 2% on eBay, 5% on AliExpress, and it just tracks your purchases, and voila, you've got rewards. Yeah, that's absolutely right. We just released our browser extensions, and by installing any of them, it doesn't really matter what browser you use.

We got them all. We got Chrome, Firefox, Safari use. We got them all. We got Chrome, Firefox, Safari Edge. We got them all. And it makes everything you order a lot easier. You don't even have to go to our platform, to our website. You can just use the extension and just click one simple button, activate cashback, and that's it. That's pretty awesome. You don't have to do anything. I was going to the website because I was playing with it this morning. And yeah, that's pretty cool. That makes it totally easy.

So what happens with the cashback? I see cashback activities here on your website. How does that work? How does that move into cryptocurrency investing, et cetera, et cetera? Yeah, so basically when you get up to a point where you can withdraw your cash back, most of the time it's just $10 or $15. It will be a bit dynamic with the membership tiers when they come out, but you can choose to withdraw in US dollars

or any cryptocurrency for now we just have three cryptocurrencies like bitcoin uh binance binance coin binance smart chain coin and our token our bunny token we are we're looking to expand this this option so people can even get cash back in Ethereum or Dogecoin. I see you like it. So I guess we got to talk with them and get it up on there. But we are constantly striving to expand. We're doing the same with our brands. We are expanding our participating brands on a weekly basis.

We keep getting more and more. So we are trying to cover just the whole world. Yeah, if you invest your rewards in some of these things, especially when they're really small, like when Dogecoin was really small and then it took off when Elon Musk talked about it, you might get rich off your 5 cent rewards or whatever. That would be a great story for the trades.

Yeah, that's actually a secret treat on our cashback platform. Because we're trying to do the simple steps, like the easiest way for non-crypto people to invest in crypto. And it's supposed, if you're new to crypto to to hold a bit or at least don't uh look at the chart every single day and stuff like that just buy it and and let it go and just wait and don't check it out daily on a daily basis you can actually if you're new to crypto you can actually just withdraw in in any crypto and just i don't know forget about it check back in two years or five years or something and maybe your five door cashback can be 500 or 5000 you never know it's cryptocurrency

it's yeah it's booming right now so i've had a lot of friends become multimillionaires off of it. What are some other features we haven't touched on about Rewards Bunny? Yeah, one of the features that we are actually releasing, we're actually releasing mobile apps for iOS and Android. And we're trying, just like I said, we're trying to do a cashback platform that is one of the easiest to use. It doesn't really matter if you're using a desktop,

a phone, it doesn't really matter. We are trying to be everywhere. So the mobile apps will actually give us this advantage that even if you're not on the computer using the web version of our castback platform on the extensions you can actually shop through the app and we're aiming to release these these two apps for both ios and android in january or maybe early february we are always, always doing every security check, every testing check, everything before releasing any features.

That's pretty cool. That's pretty darn cool. So what motivates you when I start this business and get into it? Oh, I think I will let Jackie go first because I'm pretty sure we have a bit different visions about that. Okay. So let me take this. How we started Rewards Bunny is because back then we personally find it challenging to spend crypto because we had to jump through a few hoops and regulations because some exchanges allow you to withdraw out in US dollars, some doesn't.

So it's actually not an easy process. So our whole idea is that we actually want to make the whole process simple and at the same time allows you to actually earn and spend crypto easily. So with our crypto cashback program, users have the possibility to earn instant and multiplying rewards through spending and receiving cashback in crypto. So from there in the future, we'll make it even more easier. So you can just hold it in your wallet or you can just spend it wherever you wish, however you wish.

That's pretty awesome. That works out pretty good. What do you see the future of your company becoming? The thing is because right now we see that the whole market trend is going towards um crypto you can see even like recently we read an article that says that right now there is more than one in 10 americans that is invested in crypto right now so if let's say we translate that into the whole world there's only like probably less than 10 of the world so there's so much more room for for the for the crypto world to grow yeah and even before we move into 202, it's unbelievable, but it's quite true that it's a nation. It's actually making Bitcoin legal tender.

So if, let's say, you go there, you can actually get your Starbucks coffee and pay with crypto. Or even back in the Nordics, you can buy your meat back there and then you can pay with crypto. So right now we are living in a world that we can use Bitcoin to purchase more and more things. So right now, there's only one nation adopting it. So what if in the future there are 10, 100, even more nations? Yeah. And then as we know that NFTs, all this is getting more and more popular. And we have celebrities like Snoop Dogg and even Melanie Trump that are releasing her own NFTs.

News of it just recently. And unfortunately,'s like going to charity so there's so much more things that are going on for the whole of crypto not just for this year next year and the upcoming years yeah and even facebook we all know who has been there for 17 years they decided to change the names to meta which to incorporate metaverse into their whole company and you know how crazy is that, it's crazy what's going on. It seems like the NFTs are starting to go mainstream a little bit, like you mentioned, Melania Trump.

And I think it's a sauce to me, there's Sportsmermobilia or some other people that are talking about doing NFTs, and at least the stars are starting to get it. And they can sell stuff and things like that. It's going to be really interesting how the whole world opens up with that and where it goes.

And then you guys are going to incorporate NFT with what you're doing, correct? Yes, that's correct. Cool. Cool. What else have I asked that we should know about your guys' company, how you do it and what you do? Yeah, I actually want to jump a bit on the last question because i really do believe that we are still all very early in crypto and now with the pandemic situation with

everything happening around the world people are starting not only people but companies are starting to be a lot more digital than they used to be. They're not only going for local stores. They're trying to, they just now started to optimize their websites. There has to be like a super big, I don't know, event or reason. In that case, the pandemic itself. So companies can finally get their websites good and running and easy to use and basically optimize them and with all the digital stuff that we're going we are we are basically transforming every single thing into in being into digital uh into the digital category. So I think crypto is one of the reasons crypto is booming.

Everyone is starting to use computers, phones, internet, and they're diving more and more into it. So eventually they're discovering crypto. And of course, they want to invest. Everyone has heard stories about crypto millionaires and i think crypto is i don't know in in a super early stage not only the not only our token not only all the coins but even bitcoin and crypto itself we just heard that a few weeks ago if i'm not not wrong, that PayPal started adopting crypto.

You can actually use crypto with PayPal, which is a pretty big step. Yeah, that's huge. Absolutely. And I'm pretty sure the world will start recognizing crypto as a currency, as a global currency, and start accepting it. It's just a matter of time. Yeah, it should be with everything that's going on. It's been weird. I think crypto has been around a long time, but they took in, I've been talking about it since what, 2012, 2013 or something like that, being interviewed about it. And now it just finally seems like it's starting to really hit its stride in what it's about.

And this is really nice. Is there anybody that's competing with you that does this where they give you the rewards and you can use it for crypto? Yeah, we do. Of course, we do have some competitors. That's part of how you grow and how you become the best. You always analyze and research your competitors and trying to do something better something bigger something just more just a bit more than what

you're what they're doing can't we do have some competitors but we are definitely the first token on the binance smart chain that is that is doing cashback platform with a token and with just the ability, just the option to withdraw in cryptocurrency. Yeah, it's pretty crazy what's out there with everything that goes on and how things are going. And you guys started this company. How many employees do you guys have now?

I think I saw a lot of employees in your LinkedIn. Yeah, we do have a lot of people uh the funny thing about our company actually is that we're just a handful of people that are trying to manage everything but we do have a lot of partners a lot of companies that we work with, a lot of even freelancers. And I don't know, if I have to be honest, I don't even know the number of people that are working for us. But I guess it's around, yeah, I guess it's around, I don't know, 50 or 60. It's just a rough count. But yes, something about that.

What was both of your backgrounds that brought you into this business okay i think we brought up both from very diverse background so the thing is probably we can start with how we actually met each other which is the funny part is that now the thing about it yeah so back then we are just starting out in crypto is in um more into decentralized finance so how it works is that when i discovered the decentralized part i start to learn more about the whole decentralized finance or how to getting your your crypto your token into your metamask your mobile wallet and then i find that there's so many interesting opportunities there's things that we wouldn't talk possible such as all the metaverse or the blockchain gamings. So it is as if that we have just discovered internet.

So with all the new tokens that is coming out, of course, there is bound to be a lot of scams. So I started off getting scammed in coins that eventually the developers run off with the money or they rock pool or it's a honeypot and so i thought to myself if let's say i'm the only one getting scammed uh that means there's even many more people out there getting scammed as well so that's when i started why not i start a community to actually to talk about tokens so i actually have a telegram group that we all discuss like all the new tokens that is coming up and then from there help each other and put all our expertise together. And then to see whether this new token, is it worth investing in or is it a scam? So this eventually led to more

opportunities as we share our findings. And then we even have some members quitting their full-time job and going into crypto. Yeah. So I think it's really, really crazy. The whole thing is, I would say, knowledge is power. As the whole community starts to understand the whole crypto space better, that's where everything will start to fall in place. And with the community itself, that's where I actually found my partner, Ivy. There you go. How about you, Ivy?

Yeah, so basically, if I got to say, I put a resume on it, on everything Jack said, is that we both lost a lot of money. I mean, a lot of money on just bad projects. It doesn't really matter if their team is bad or they scammed you or the project itself is bad. It doesn't really matter. We both lost a lot of money. And the part, the niche that we were in, the DeFi niche, is probably the darkest site for the crypto niche. It's just the bottom. It's the most volatile one. And it's basically why you can get up, you can ape in a really good project,

join a really good project that you can get your investment up to i don't know 100 text for example but to find one it's really hard you gotta do a lot of research and the funny thing is that your own knowledge your own expertise is not enough you need more people to jump on and help you with it. And that's how our community, that private community in Telegram grew. And we started just finding these so-called gems, good projects that are actually worth to invest in. So that's, yeah, that's how we started.

We started chatting with Jackie. We started talking about starting to both start a project together. And I still remember when Jackie actually, because the cashback platform, the whole idea is Jackie's idea. And I still remember when he told me about it. I was like, dude, who the hell uses the cashback platforms? I've never used one before we started the project. And it was really fun to jump into a project that you're not really familiar with. But I've got a really good background in design, in web design, in marketing and programming, even developing.

So we've actually become really good partners and I'm really proud of it. And I'm pretty sure it's just the beginning. Cool. Sounds awesome. Sounds like you guys are going to do a lot of cool things. I'm looking on LinkedIn, you guys, and I guess there's a little bit of a tease out on LinkedIn about the membership program, membership tiers, silver, gold, platinum, diamond. Do you want to tease out a little bit on that? Sure. So the thing is, right now, we are still very early in our stages.

So we released this teaser to actually share with the early members that says that, okay, if you hold x amount of arbani you'll be entitled to different tiers be it gold silver platinum or diamond yeah so basically the earlier you buy the lesser you need in the future because as the price of our token goes up the amount that you need to hold will be much lesser and at the same time when it doesn't just hold the token you also give you i say, an interest on top of it. So if, let's say, you decide to stay in our own membership program, you'll receive interest every single year. So by not just being a member itself, you also contribute to the project,

you get more cash back, you can have more utilities, you have more benefits in the future that we are rolling out, be it NFTs, be it airdrops, or even different kind of programs that we may collaborate with other brands or even other tokens. Wow. That's really cool, man. So you'll be able to do tiers, and it's like a whole investment program,

and you're doing what you do otherwise. Like I've been doing all the shopping here for Christmas, and most people are too, and buying all the goodies and stuff. And you just basically you can earn money back and invest in crypto and you might make your purchases back if that crypto does well. Yeah, that's absolutely. Yeah, pretty good. All right, guys, anything we didn't touch on before we go out? Actually, there's one thing I forgot to mention, which is a really

important thing that we are actually different from a lot of the cashback platforms is that you can use our cashback platform with having a debit or credit card cashback platform on the card itself. So basically you can stack them up. You can both get your credit card cashback on our platform. So the cashback percent that we have on our site are actually bigger if you have your own cashback program

on the card. That's pretty freaking awesome. That's awesome, man. It's awesome. It is. You can just stack money. Both in US dollars and both in cryptocurrencies. There you go. Go either way. So guys, it's been wonderful to have you on the show. Give us your plugs where people

can find you on the interwebs and find out more about Rewards Bunny. Sure. So you can actually find out more about us in rewardsbunny.com so there is a rewards and followed by bunny so the reason why we have this because we want to give rewards to people and then making multiplies that bunny there you go there you go guys it's been wonderful to have you on the show thanks for coming on and sharing your stuff with us today. Thank you, Chris.

Thank you for having us. It was awesome. There you go. Thank you, guys. And go to check these guys out. Also go to our youtube.com forward slash Chris Voss to see the video versions of all the videos we do. Go to goodreads.com forward slash Chris Voss. See everything we're reading and reviewing over there. Go to all our groups. Facebook,

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