IOU: The only true P2P e-commerce loyalty platform on the block-chain


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Cryptocurrencies is one of the most important inventions since the inception of the web. They are ushering in a new era of decentralization, privacy, and control of one’s own data that has the potential to revolutionize many parts of society. There are currently over one thousand cryptocurrencies in use, with hundreds more being released each year. Their combined market cap has grown from $10 billion in 2016, to over $400 billion at the time of writing, having previously been much higher. Only 1% of the world’s population own cryptocurrency. Companies involved with blockchain, the technology behind cryptocurrencies and altcoins are expected to experience significant growth over the coming years. Blockchain technology can solve dozens of previously intractable problems, like digital identities, supply chain integrity, data breaches and many, many more. The use of blockchain technology within society has been exponentially increasing since it was introduced to the world by Satoshi Nakamoto. The first use of blockchain technology was bitcoin. According to Gartner Insights, blockchain, the driving force behind the crypto market is estimated to grow in business value to $3.1 trillion by 2030. Blockchain is the fastest growing market in the world and the IOU token offers investors an opportunity to benefit from the growth in value. The age of blockchain technology is just beginning. Before I proceed lets take a look at the video beloq to have an insight on what IOU is all about.

 https://vimeo.com/278472303



IOU
IOU is a true P2P e-commerce loyalty platform on blockchain. IOU Peer-to-Peer (P2P) platform helps in providing new opportunities for each Merchant (Business Merchant) in the world with regard to loyalty system organization, interaction with consumers, investment attraction, and revenue growth by the means of issuing its own freely tradable IOUs (IOU Crypto-Obligations/ IOU-CO).

AIM
To empower blockchain Merchants and Consumers with decentralized and secure Peer-to-Peer technology driving customer satisfaction and loyalty through Merchant’s trade-able IOUs.

VISION
To reinvents existing loyalty systems in order to provide more flexibility, control, and enhanced benefits for Merchants in order to guarantee the highest possible level of consumer satisfaction for the incurred marketing expenditures.

ADVANTAGES
For Merchants
Loyalty and Customer Retention
Viral Marketing
Market Driven Flexibility
Merchants can receive current consumers’ parameters and interests
Getting in contact with consumers
Receiving additional parameters of consumer profile
Barter functionality between merchants

For Consumers
Trade IOUs with other consumers
Protection of anonymity
Opting out at any time of Merchant interaction
Possibility to personalize interaction with Merchants


HOW IOU WORKS
IOU offers complete transparency utilizing Blockchain for its Group Loyalty offers with clear visibility, security, speed of processing and traceability of transactions through the decentralized register of all sources. IOU is Offering Merchants and Consumers clear advantages over the traditional e-commerce environment making transactions Cost-Effective and Secure while building ultimate trust between Merchants and Consumers. Rating mechanism would boost a trust even further.
Cost-effectiveness of transactions and global reach of consumers beat the conventional digital payment methods as it removes the middlemen/payment processors that take a big cut. Not only consumers would feel secure and get significant savings but also, they could use their purchased IOUs as actual monetary assets which they will be able to trade with other consumers or sell on the exchange. This is a tremendous benefit of IOU Platform.


FOR MERCHANTS
IOU-Co Issuance
Online Store displaying various Merchant IOUs on range of categories
Mobile and browser integration for transfers of IOU offers
Marketing Campaign module allowing multi-media and social networking integration
Consumer Data analysis such as GPS and Buying Trends
Various permissions and roles based on Merchant status to reach consumers
Analytic Reports on sales and consumer interaction
Web Services with home grown or 3rd party applications
Rating Tools
Merchant would also have an option to Guarantee the Service and issue refunds of payments
P2P Exchange of IOU offers between Merchants and Consumers as well as among other Merchants


FOR CONSUMERS
Purchase IOU-Co offers from Merchants directly or on P2P IOU exchange
Exchanging IOU-Co offers with other Consumers
Unanimous messaging system to receive communications from Merchants of interest
Consumer Profile Management module allowing consumers to promote their interests and receiving special offers from Merchants
Rating functionality allowing Consumers to rate Merchants as well as other Consumers
Secure Repository of purchased and favorite IOU-Co Offers



TOKEN SALES AND ICO DETAILS

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IOUX TOKEN STRUCTURE
200,000,000 IOUX TOKENS
1 IOUX = $0.28

PRE-ICO 10,000,00040% + VOLUME BONUS
ICO 100,000,000
Token sold bonus,
Time off crowd sale bonus,
Volume bonus


TOKEN DISTRIBUTION

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BUDGET ALLOCATION

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ROADMAP

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MEET THE GREAT MINDS BEHIND THIS PROJECT

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For more information, please visit:
Website: https://iou.io/
Whitepaper: https://iou.io/assets/pdf/whitepaper.pdf
ANN Tread: https://bitcointalk.org/index.php?topic=4845370
Bounty Tread: https://bitcointalk.org/index.php?topic=5001075.0
Telegram: http://t.me/IOUCommunity
Facebook: https://www.facebook.com/iouico/
Twitter: https://twitter.com/iouico
Medium: https://medium.com/@realIOU


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Author: Seunola
MyBitcoinTalk profile: https://bitcointalk.org/index.php?action=profile;u=1925064
ETH Address: 0x3eb48CF7E0A5570540641DD8263cA40e307562e9

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