IOU : TRUE P2P E-COMMERCE LOYALTY PLATFORM
Hello Golos Community, in this article I will present an interesting ICO analysis, called IOU, based on the following criteria:
What is IOU?
IOU strives to rediscover the existing customer loyalty program in an effort to offer traders more benefits, controls and flexibility. Doing this will allow traders to guarantee their clients the best level of customer satisfaction. This will be an exchange for marketing expenditure that has been issued.
The loyalty system proposed by IOU will enable business owners to build new levels of interaction with their clients. In addition, they will also be able to provide opportunities for their consumers to freely exchange the IOU they have with other consumers.
IOU Respect is a unique and amazing platform for childhood collaboration, non-public development, and international networks and communications. IOU challenged me to articulate my beliefs and values, appreciate and find grandeur in each other's differences, learn from an "other" perspective, and mold and strengthen my individuality.
IOU has formalized the preparation of its work with each CEO, CFO and COO (each, "Executive") by making a written agreement that formalizes their current work requirements. Such work agreements include restrictive agreements such as non-competition and non-solicitation clauses. The employment agreement also stipulates additional provisions by admiring termination, constructive termination, severance pay and alternative controls from the Executive, together with payments between 6 and 18 months of salary, bonuses and profits in the termination tournament within 12 months after the change of control.
IOU remains at the forefront of the fintech revolution that democratizes access to capital for small businesses. IOU expects to continue to develop mortgage origination and generate profits throughout 2018.
IOU closed the first quarter of 2018 with a adjusted large profit of $ 804,088, which excludes certain non-cash and non-recurring items, compared with two adjusted net losses of $ 0.7 million in the first quarter of 2017. Two $ 1.5 million two improvements in adjusted internet revenues basically caused by two $ 1 million minimizing provisions for mortgage losses as well as $ 0.6 million in reduced work costs in different quarters with the final year of the same duration and for two $ 0.1 million extend gross income.
IOUX TOKENS UTILIZATION
Merchants must pay 5% Gas fee in IOUX Tokens for every IOU offer issued for Consumers (in addition to the 5% Fee on any purchases made by other crypto currency, while purchases made by IOUX Tokens would be exempt). In exchange, to provide incentives for the IOUX Token holders every IOUX Token transaction would be granted additional 5% Discount to the Consumers. Additional 20 Loyalty Tokens would be given equally each time to both Merchants and Consumers after accumulating transactions of 1000 Tokens.
Merchant would also have an option to Guarantee the Service and issue refunds of payments if product or service offered by their IOU offers was not satisfactory. Thus additional IOUX Tokens would be escrowed until the completion of the term of the IOU Offer. During issuance of IOU offers, Merchants must agree to the Token Discount, Service Guarantee and Gas Fee Terms. This structure would ensure high utilization and demand of the IOUX Tokens.
IOUX TOKEN STRUCTURE AND ICO BONUSES
200,000,000 IOUX TOKENS
1 IOUX = $0.28
Allocated for ICO and Private Sale. Company will burn unsold tokens and use 20% of e-commerce transaction fees on buy-back program to quarterly acquire IOUX tokens from listed exchanges and burn those re-purchased tokens.
IOUX TOKEN DISTRIBUTION POST ICO (EXCLUDING FROZEN TOKENS) And BUDGET ALLOCATION
- MAR 17: Market Research
- MAY 17: Feasibility Study
- JUN 17: Prototype Design
- JUL 17: Development Environment Setup
- Start Implementing Existing Loyalty System Modules into Blockchain Environment
- AUG 17: Start P2P IOU Exchange Development
- SEP 17: Phase I: Module Testing and Q/A
- OCT 17: Finish P2P IOU Exchange Development
- NOV 17: Start Mobile Application Development
- Start Phase II: Loyalty Project Development
- AUG 18: Finish Phase II: Loyalty Project Development
- Start Phase III: Loyalty Project Development
- PRE-ICO / White-Listing
- SEP 18: Start ICO / White-Listing
- DEC 18: Finish ICO / White-Listing
- Finish Phase III: Loyalty Project Development
- Exchange Listing Initiative
- JAN 19: IOU Loyalty System Testing Q/A
- FEB–MAR 19: IOU Closed Beta Release
- APR 19: IOU Beta Release
- Start EMEA Marketing Expansion Campaign
- JUN 19: End Beta — IOU v. 2.0 Release
- AUG 19: Finish EMEA Marketing Expansion Campaign
- SEP–DEC 19: APAC Marketing Expansion Campaign
- JAN–MAY 20: North America / Iberia / Latin America Marketing Expansion Campaign
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