IOU reinvents existing loyalty systems in order to provide more flexibility, control, and many more benefits for Merchants in order to guarantee the highest possible level of consumer satisfaction for the incurred marketing expenditures.
IOU “loyalty system” allows business owners to create a new level of interaction with consumers and, most importantly, provides the opportunity for consumers to freely exchange their purchased IOUs with other consumers for other IOUs which are needed more for those trading parties.
BENEFITS FOR MERCHANTS AND CONSUMERS
LOYALTY AND CUSTOMER RETENTION
IOU obligations would become Flagship Blockchain Loyalty Programs for Merchants, secured and effective way to promote special offers to Consumers.
VIRAL MARKETING
Each Consumer truly would become the “agent” targeting other Consumers on P2P exchange seeking to trade their acquired IOUs with other Consumers based on the need and value at the time of the transaction. Such approach allows merchants to obtain a stable influx of new customers and truly loyal customers.
IOU P2P EXCHANGE — MARKET DRIVEN FLEXIBILITY
Consumers would securely acquire IOU offers from the Merchants with specific terms for the promotional product or service such as time of expiration, limited quantity and exchange terms. Such flexibility would give Consumers certain time-frame to utilize products or services or provide opportunity to trade their IOUs with other Consumers anywhere around the world.
For example, Consumer A purchased restaurant IOU in Rome and is traveling to Paris might trade his/her IOU with the Consumer B who is traveling to Rome for the restaurant in Paris. We believe many Consumers would choose to purchase multiple IOUs from the same Merchant if the offer is attractive to have opportunity to trade some with other Consumers. This approach drives customer satisfaction while giving Merchants would not only get the opportunity to attract new customers but also receive their funds in advance.
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
200,000,000 IOUX TOKENS
1 IOUX = $0.28
PRE-ICO 10,000,00040% + VOLUME BONUS
ICO 100,000,000
TOKENS SOLD BONUS,
TIME OF CROWD SALE BONUS,
VOLUME BONUS
IOUX TOKEN DISTRIBUTION
Public — 57.5%
Founders and Management — 20%
ICO Advisors and Bounty Marketers — 2%
Company — 20.5%
BUDGET ALLOCATION
Technology — 45%
Marketing / Expansion — 35%
Operations — 12%
Other — 8%
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
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 Campagn
JUN 19
End Beta — IOU v. 2.0 Release
AUG 19
Finish EMEA Marketing Expansion Campagn
SEP–DEC 19
APAC Marketing Expansion Campagn
JAN–MAY 20
North America / Iberia / Latin America Marketing Expansion Campagn
TEAM AND STRATEGIC ADVISORS
VLADIMIR SHEVCHENKO: Chief Executive Officer
VITALY GARSHTYA: Chief Visionary Officer
VLADISLAV FRANTZ: Chief Technology Officer / Systems Architect
MAX KOSTIN: Chief Information Officer
EDWARD W. MANDEL: Strategic Advisor – Business Development
SOL ALAN SAAD: Strategic Executive Advisor – International Investment Banking and Business Development
VICTOR JACOBS: Business Development Executive
ANDREAS IOANNOU: Legal and Compliance Executive
MARIOS CHARALAMBIDES: Corporate Structuring and Accounting
ANDREY NECHESOV: Blockchain Developer, ScientistVYACHESLAV MIRGORODSKY: Full Stack Developer
EVAN BERGER: International Legal and Venture Finance Strategy
GERMAN TANOV: Marketing Strategist
NICK VERO: Sales and Marketing Strategist
MAXIM GARBUZOV: Community Manager. Social Media Marketer.
ROMAN MIROSHNICHENKO: Digital Marketing Strategist. Project Manager.
DR. BING DENG, PHD: Blockchain Strategist / Crypto Investor / APAC Marketing
PUI CHI WONG: Strategic Advisor – Investment Banking, APAC Business Development
DR. PAVEL BONDAREV, PHD: Strategic Advisor – AI Development
LIUDMILA ERUKHOVA: Strategic Advisor – Fintech Analyst
MARLOW ROSADO: Strategic Advisor – Music and Entertainment Partnerships
JOHN ZANOTTI: Strategic Advisor – Business Development
MICHELLE L. STEINGARD: Strategic Advisor – Affiliate Marketing
KONSTANTINOS KASTANA: Strategic Advisor – Marketing EMEA
ARTURAS SVIRSKIS: Strategic Advisor – Marketing
SALINA BO: Strategic Advisor – Compliance
KIRILL OVS: Strategic Advisor – Business Development
TIM CHEN: Strategic Advisor – Marketing APAC
BEL R. LI: Strategic Advisor – PR APAC
KAREN HU: Strategic Advisor – Partnerships APAC
MICHAEL MA: Strategic Advisor – Corporate Sales APAC
CHI LE: Strategic Advisor – PR and Marketing, Southeast Asia
THANG BUI: Strategic Advisor — Blockchain Developer, South Asia
For More Information Click Link Bellow:
Website: https://iou.io/
Whitepaper: https://iou.io/assets/pdf/whitepaper.pdf
Telegram: https://t.me/IOUCommunity
Facebook: https://www.facebook.com/iouico/
Twitter: https://twitter.com/iouico
Author: bantylevel
My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1944501