IOU - A Real P2P E-Commerce Loyalty Platform on the Blockchain.

The global eCommerce market has incontestable explosive growth within the past few years and its future is predicted to be booming. In 2017, the worldwide e-retail sales amounted to a pair of.3 trillion U.S. Bucksand projections show a growth of up to four.48 trillion U.S. bucks by 2021. This astonishing growth is primarily being driven by shoppers mistreatment their mobile devices to accumulate merchandise and services.

In this ultra-competitive setting, finding and feat new customers will be an enormous challenge for merchants. additionally, fifty three of adults living in high-income households claim to be willing to modifybrands for the sake of employing a coupon.

The challenges for players during this large market area unit key, together with client loyalty, achieving profitable long growth, and selecting the correct technology and partners, among others.

At identical time, the tremendous evolution of blockchain technology is radically ever-changing the meansseveral markets operate. Vital US Postal Service of blockchain like transparency, coherence, cost-effectiveness and effective integration with processes the least bit levels of the business will awaken the e-commerce market endless opportunities.

Now, imagine the explosive combination of e-commerce, blockchain technology, and cryptocurrencies: the note Platform, a real P2P e-commerce loyalty platform on the blockchain.

It aims at empowering blockchain Merchants and shoppers with decentralised and secure Peer-to-Peer technology driving client satisfaction and loyalty through Merchant’s trade-able IOUs. note Platform will with success address several of the challenges of the e-commerce section.

IOU is launching the noteX token and a promising Initial Coin providing (ICO) campaign. Below you mayrealize all the relative info on note along side the specifics of the ICO campaign.

IOU VISION

IOU reinvents existing loyalty systems so as to produce additional flexibility, control, and increasedadvantages for Merchants so as to ensure the best doable level of client satisfaction for the incurred sellingexpenditures.

IOU “loyalty system” permits business homeowners to form a brand new level of interaction with shoppersand, most significantly, provides the chance for shoppers to freely exchange their IOU Offers with differentshoppers for different IOUs that square measure required additional for those mercantilism parties.

IOU Peer-to-Peer (P2P) platform providing new opportunities for every merchandiser (Business Merchant) within the world with relation to loyalty system organization, interaction with shoppers, investment attraction, and revenue growth by the suggests that of issuance its own freely tradable IOUs (IOU Crypto-Obligations / “IOU-CO”).

TOKEN DISTRIBUTION

Due to the high utilization expectations and also the would like for enlargement capital, the corporate canfreeze the bulk of the tokens (600,000,000) and solely unharness up to 100 percent annually if necessary for company enlargement, selling and Loyalty Programs to keep up token liquidity.

Company Management and Founders can reserve 2 hundredth of the tokens with three years-time based mostly lock-up provisions.

The Company can reserve twenty eighth of tokens provided that there's a necessity for addedenlargement capital throughout the primary year of operation. Those unused tokens are going to be frozen otherwise. two of Tokens are going to be allotted for Advisors and Bounty programs.

BUDGET ALLOCATION

Most yield from the sale are going to be allotted for selling and enlargement functions and 2 hundredth of yield are going to be allotted to complete the testing and unharness of Beta and future versions of promissory note technology. All ICO Crowdsale investors can receive initial invites to the Closed Beta unharness before the Beta market unharness.

KEY BENEFITS

With existing advertising systems changing into less and fewer effective, the note of hand Platform presents the final word answer. Its key benefits for merchants and customers square measure the following:

FOR MERCHANTS

• Loyalty and client Retention

• infectious agent promoting

• Market Driven Flexibility

• Merchants will receive current consumers’ parameters and interests

• getting into contact with customers

• Receiving extra parameters of client profile

• Barter practicality between merchants

FOR CUSTOMERS

• Trade IOUs with different customers

• Protection of obscurity

• Opting out at any time of bourgeois interaction