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IOU 2.25/5 (1) - platform for Blockchain Merchants and Consumers

The global eCommerce market has undergone explosive growth over the past couple of years and looking ahead, its future looks bright. After reaching $2.3 trillion in 2017 (U.S. dollars) in global e-retail sales, it is poised to grow up to $4.48 trillion by 2021 (U.S. dollars). This expansion has been primarily driven by consumers using their mobile devices to buy goods and services. But in this ultra-competitive environment, finding and acquiring new customers can be a huge challenge for Merchants, especially as brand loyalty is diminishing: 53% of adults living in high-income households claim they are willing to switch brands in order to use a coupon. Players in this market also endure...

Token sale ends in:

2.3
Hype2.0
Security2.0
Team3.0
Vision2.0
  • Token: IOUX
  • Price: 1 IOUX = 0.28 USD
  • PreICO start: 17 Aug 2018
  • PreICO end: 31 Aug 2018
  • ICO start: 1 Sep 2018
  • ICO end: 18 Dec 2018
  • Country: United Kingdom
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The global eCommerce market has undergone explosive growth over the past couple of years and looking ahead, its future looks bright. After reaching $2.3 trillion in 2017 (U.S. dollars) in global e-retail sales, it is poised to grow up to $4.48 trillion by 2021 (U.S. dollars). This expansion has been primarily driven by consumers using their mobile devices to buy goods and services.

But in this ultra-competitive environment, finding and acquiring new customers can be a huge challenge for Merchants, especially as brand loyalty is diminishing: 53% of adults living in high-income households claim they are willing to switch brands in order to use a coupon. Players in this market also endure challenges such as keeping customer loyalty, achieving profitable long-term growth, and choosing the right technology and partners—to name a few.

To combat these hurdles, change is on the horizon as blockchain technology’s evolution is radically changing the way many markets operate. Important USPs of blockchain such as transparency, coherence, cost-effectiveness and effective integration with processes at all levels of business bring the e-commerce market endless opportunities.

And now with the explosive combination of e-commerce, blockchain technology and cryptocurrencies, our new IOU Platform will provide even greater opportunities to the market.

 

Look at the IOU Platform

The IOU Platform is a true Peer-to-Peer (P2P) e-commerce loyalty blockchain platform. Its aim is to empower blockchain Merchants and Consumers worldwide with decentralized and secure P2P technology. This will drive customer satisfaction and loyalties through Merchant’s tradeable IOUs as well as successfully address many of the challenges in the e-commerce segment.

Furthermore, the IOU Platform reinvents existing loyalty systems and provides more flexibility, control, and enhanced benefits for Merchants as a means to guarantee the highest possible level of Consumer satisfaction for incurred marketing expenditures. It also provides Consumers opportunities to freely exchange their IOU Offers with other Consumers.

The IOU Platform has clear advantages for Merchants and Consumers versus the traditional e-commerce environment through its cost-effective and secure transactions while building ultimate trust between these two parties. And a rating mechanism will boost trust even further.

 

Consumer and Merchant Benefits

Both parties will find numerous benefits from the IOU Platform. For Consumers, its advantages include not only feeling secure and having an opportunity for significant savings but also utilizing purchased IOUs as actual monetary assets. These can be traded with other Consumers or sold on the exchange.

For Consumers and Merchants the loyalty factor is very advantageous as it will enable both parties to be rewarded for generating top-rated, quality offers and transactions on the IOU Exchange. They will also be able to donate some IOUs for those in need and receive rewards for philanthropic activities. The company can also place donation requests on special causes as well as match donations to benefit those causes.

 

Merchant advantages

  • Barter functionality between Merchants
  • Getting in contact with Consumers
  • Loyalty and Customer Retention
  • Market-Driven Flexibility
  • Receiving Consumers’ parameters and interests
  • Viral Marketing

 

Consumer advantages

  • Opting out at any time of Merchant interaction
  • Protecting anonymity
  • Potential to personalize interaction with Merchants
  • Trading IOUs with other Consumers

Team

VITALY GARSHTYA

Chief Visionary Officer

VLADISLAV FRANTZ

CTO / Systems Architect

MAX KOSTIN

Chief Information Officer

VICTOR JACOBS

Business Development Executive

ANDREAS IOANNOU

Legal and Compliance Executive

MARIOS CHARALAMBIDES

Corporate Structuring and Accounting

ANDREY NECHESOV

Blockchain Developer, Scientist

VYACHESLAV 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.

Advisors

EDWARD W. MANDEL

Strategic Advisor – Business Development

SOL ALAN SAAD

Strategic Executive Advisor – International Investment Banking and Business Development

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

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

Milestones

  • 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

Token

  • Platform: Ethereum
  • Price: 1 IOUX = 0.28 USD
  • Accepting: ETH
  • Token distribution: 57.5% - Public 20.5% - Company 20% - Founders and Management 2% - ICO Advisors and Bounty Marketers
  • Hard cap: 6,100,000 USD

Proof Points
2/5

Legal entity

Registered Address: London, UK

https://beta.companieshouse.gov.uk/company/11338206

Prehistory of project

No prehistory were found before the ICO

Product or its MVP

All development is planned for 2019 after ICO. No other MVP were found

Blockchain experience

Advisor Arturas Svirskis has a lot of experience in blockchain, all projects are listed in his profile

Most of team members are working at project BQT – it can not be counted as blockchain experience due to its completion in the same period as IOU.

Escrow

No escrow information were found

Comments

Update: 08.10.2018

Media

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