IOU - Building the Best and Decentralized Service - cryptocurrency world

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Friday, November 9, 2018

IOU - Building the Best and Decentralized Service

About the projec

IOU admire is a unique and fantastic platform for collaboration with kids, 255fb4167996c4956836e74441cbd507 improvement, networking and worldwide communication. The IOU application challenged me to specific my beliefs and values, to realize and discover every different’s beauty, to take a look at the “different” angle and to reinforce the personality.
IOU closed its first sector 2018 with superb adjusted income of $804,088 , which excludes sure non-cash and non-routine items, compared to an adjusted net loss of $0.7 million in the first region of 2017. the 2 $1.five million two enchancment in adjusted internet sales is largely because of the two $1 million decrease within the provision for loan losses in addition to to the $zero.6 million in decreased running fees in the area in comparison to the same duration remaining yr and to the 2 $zero.1 million increase in gross sales.
IOU is positioned in a strip mall putting and has a simple and informal ingesting region. The provider was very friendly and attentive, granted we have been the entirely ones there for maximum of our dinner. We went for the all-you-can-devour for $25.ninety nine and left very satisfied. The fish tasted sparkling and the quail shots have been thrilling and attractive. We caught to the nigiri sushi so I can not in reality observation on the rolls. They moreover have a lunch AYCE menu that excludes specialty rolls. It nonetheless consists of hand rolls and clean rolls. The lunch price is ready $20 consisting of tax. due to the fact that I don’t normally order rolls, lunch is without a doubt the manner to move! in case you come at some stage in lunch and desire the dinner price with the distinctiveness rolls, they may accomodate.
IOU monetary originated $29.2 million at some point of Q2 2018, in step with the enterprise’s quarterly economic statement launched today. that is an increase of eleven.6% in contrast to the identical length final yr, and an expand of nineteen.1% over originations of $24.five million from closing sector . this is moreover IOU’s zero.33 consecutive quarter with high-quality profits.

IOU E-trade Blockchain Loyalty device Platform benefits

by tokenizing the service provider promotional gives via the blockchain, consumers and traders will get to experience the subsequent advantages:

Loyalty And patron Retention

All IOU obligations will cross directly to change into Flagship Blockchain Loyalty programs for the business proprietors. traders will, for this reason, have get admission to to an efficient and at ease way of selling all their special gives to customers.

Viral advertising and marketing

customers will basically emerge as agents for the merchants. they may be capable of goal other purchasers at the peer-to-peer alternate looking to change the IOUs they've with different purchasers. that is some thing so that it will be based totally on the fee and want in the intervening time a transaction is being achieved. it is an approach with a purpose to make it possible for commercial enterprise operators to attract and retain a stable client inflow.

The IOU Peer-To-Peer alternate

This particular alternate is one that is being pushed with the aid of marketplace flexibility. customers will be able to securely buy IOU gives from business owners with each buy having precise terms for the promotional service or product, e.g., change terms, limited amount, and expiration date.
it is a kind of flexibility that is probably to offer clients with sufficient time-frame to use their services or products. rather, they will additionally have sufficient time to exchange the IOUs in their ownership with others who may be interested by them in any place throughout the globe.

worldwide virtual E-commerce trends

overall international population: 7.476 billion humans. Urbanization stands at fifty four%
internet customers: 3.773 billion. Penetration stands at 50%
active social media customers: 2.789 billion. Penetration stands at 37%
specific cell users: 4.917 billion. Penetration stands at sixty six%
active cellular social users: 2.549 billion. Penetration stands at 34%

IOU IOUX Token & ICO information

merchants might be required to pay a 5 percent fuel charge using IOUX tokens for each and every IOU provide this is issued for clients. In go back, IOUX token holders could be provided with a 5 percent discount as an incentive. They would additionally acquire an additional 20 loyalty tokens whenever a purchaser or service provider accumulates transactional tokens totaling a thousand or extra.

Post ICO Token Distribution

Public — 57.5%

Founders and Management — 20%

ICO Advisors and Bounty

Marketers — 2%Company — 20.5%

Milestones

MAR 17

Market Research.

2:MAY 17

Feasibility Study.

3:JUN 17

Prototype Design.

4:JUL 17

Development Environment Setup;
 Start Implementing Existing Loyalty System Modules into Blockchain Environment.

5:AUG 17

Start P2P IOU Exchange; Development.

6:SEP 17

Phase I: Module Testing and Q/A.

7:OCT 17

Finish P2P IOU Exchange Development.

8:NOV 17

Start Mobile Application Development;
 Start Phase II: Loyalty Project Development.

9:AUG 18

Finish Phase II: Loyalty Project Development;
 Start Phase III: Loyalty Project Development;
 PRE-ICO / White-Listing.

10:SEP 18

Start ICO / White-Listing.

11:DEC 18

Finish ICO / White-Listing;
 Finish Phase III: Loyalty Project Development;
 Exchange Listing Initiative.

12:JAN 19

IOU Loyalty System Testing Q/A.

13:FEB–MAR 19

IOU Closed Beta Release.

14:APR 19

IOU Beta Release;
 Start EMEA Marketing Expansion Campagn.

15:JUN 19

End Beta — IOU v. 2.0 Release.

16:AUG 19

Finish EMEA Marketing Expansion Campagn.

17:SEP–DEC 19

APAC Marketing Expansion Campagn.

18:JAN–MAY 20

North America / Iberia / Latin America Marketing Expansion Campagn.

Team

Advisors

For More Information:

My Info

Bitcoin User Name:Mary Laura
ETH : 0xD91654dE1dfc0da02EC5BE210A9B06F7374340F4



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