IOU obligations would become Flagship Blockchain Loyalty Programs for Merchants, secured and effective way to promote special offers to Consumers

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