Hello everyone here I will explain about IOU which can be taken into consideration in observing the latest projects have unique and interesting concepts, and for more details let's just go to the following discussion:
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.
TRUE PLATFORM LOYALTY P2P E-COMMERCE AT BLOCKCHAIN
Empower Blockchain Merchants and Consumers with decentralized and secure Peer-to-Peer technology that encourages customer satisfaction and loyalty through tradable IOU trades.
IOU APPROACH
IOU reinvented the existing loyalty system to provide traders with flexibility, control and more benefits to ensure the highest possible level of customer satisfaction for marketing expenses incurred.
IOU's "loyalty system" allows business owners to create new levels of interaction with consumers and, most importantly, provides opportunities for consumers to freely exchange the IOUs they buy with other consumers for other IOUs that are needed more for the trading parties.
BENEFITS FOR TRADERS AND CONSUMERS
PURCHASE THE PROMOTION OFFER OF TRADERS AT BLOCKCHAIN
CUSTOMER LOYALTY AND RETENTION
IOU's obligations will be the Flagship Blockchain Loyalty Program for Traders, a safe and effective way to promote special offers to consumers.
VIRAL MARKETING
Each Consumer will truly be an "agent" who targets other Consumers in P2P exchanges who want to trade their IOUs obtained with other Consumers based on their needs and value at the time of the transaction. Such an approach allows traders to get stable inflows from new customers and true loyal customers.
IOU P2P EXCHANGE - FLEXIBILITY OF MARKET DRIVEN
Consumers will obtain IOU offers securely from Traders with specific requirements for promotional products or services such as expiration, limited quantity, and exchange requirements. Such flexibility will give Consumers a specific time frame to utilize products or services or provide opportunities to trade their IOUs with other Consumers anywhere in the world.
For example, Consumer A buys an IOU restaurant in Rome and traveling to Paris may trade its IOU with B Consumers who travel to Rome for restaurants in Paris. We believe many consumers will choose to buy several IOUs from the same Merchant if the offer is attractive to have the opportunity to trade with other consumers. This approach encourages customer satisfaction while providing Traders will not only get the opportunity to attract new customers but also receive their funds upfront.
IOUX TOKEN UTILIZATION
Traders must pay 5% of the gas cost at IOUX Token for each IOU offering issued to the Consumer (in addition to the 5% fee for each purchase made by other crypto currencies, while purchases made by IOUX Tokens will be released). Instead, to provide incentives for IOUX Token holders every IOUX Token transaction will be given an additional 5% discount to consumers. Additional 20 Token Loyalty will be given evenly every time to Traders and Consumers after collecting 1000 Token transactions.
Traders will also have the option to Guarantee the Service and issue a refund if the product or service offered by their IOU offer is unsatisfactory. As such, additional IOUX Tokens will be stored until the expiration of the IOU Offer term. During the issuance of IOU offers, Traders must approve Token Discounts, Service Guarantees, and Gas Cost Provisions. This structure will ensure high utilization and demand from IOUX Tokens.
IOUX TOKEN STRUCTURE AND ICO BONUS
800,000,000
IOUX TOKEN IS PUBLISHED
800 TOKEN IOUX = 1 ETH
600,000,000 Tokens will be frozen and will only be released as needed for company expansion, Marketing and Loyalty Programs to maintain liquidity of tokens (up to 10% per year).
IOUX TOKEN DISTRIBUTION POST ICO (EXCLUDING FROZEN TOKENS) And BUDGET ALLOCATION
ROADMAP
- 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
Here is a review that I present to all of you in searching for information and knowing the IOU project that is currently being run by their team, if there are deficiencies in explaining this article, don't worry, I have prepared a link for you to get accurate information and of course you will be able to speak directly with the founder or their team, at the important link below for the following References:
Website
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Medium
Bitcointalk user name : samuraijin
Profile Link : https://bitcointalk.org/index.php?action=profile;u=905398
ETH address : 0x3f9bb3679f1B71F22d823992078244C87EF4D455