Hello, If you are interested in joining the IOU project or you are interested in joining the IOU project, it's good to read that can help you find information that might help you in seeing their vision and mission. following the Review:

TRUE P2P E-COMMERCE LOYALTY PLATFORM ON BLOCKCHAIN

Empowering Blockchain Merchants and Consumers with decentralized and secure Peer-to-Peer technology driving customer satisfaction and loyalty through Merchant’s trade-able IOUs.

IOU APPROACH

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 TOKENIZING MERCHANT PROMOTIONAL OFFERS ON BLOCKCHAIN 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.

IOU WEB PLATFORM AND EXCHANGE(UNDER DEVELOPMENT)
REVIEW MVP VIDEO
IOU MOBILE APPLICATION(UNDER DEVELOPMENT)
VIEW SCREENSHOTS

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

800,000,000 : IOUX TOKENS ISSUED
800 IOUX TOKENS = 1 ETH
600,000,000 Tokens will be frozen and would only be released as needed for company expansion, Marketing and Loyalty Programs to maintain token liquidity (up to 10% per year).

IOUX TOKEN DISTRIBUTION POST ICO (EXCLUDING FROZEN TOKENS)

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
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 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