IOU

Introduction

IOU transforms existing loyalty systems to provide more flexibility, control and enhanced benefits to traders and ensure that the highest degree of customer satisfaction is achieved, taking into account the costs incurred for marketing.

“IOU Loyalty System” allows business owners to create a new level of interaction with consumers and, most importantly, the opportunity for consumers to freely exchange their IOU-offers with other consumers that they need more.

IOU-obligations will become the flagship of loyalty programs on the basis of blocking for traders as a secure and effective way of promoting special offers among consumers.

Each consumer will truly become an “agent” by identifying other consumers on the P2P exchange in order to sell their IOUs based on needs and values ​​at the time of the transaction. This approach allows traders to receive a steady influx of new customers and truly loyal customers.

VISION

IOU reinvents existing loyalty systems in order to provide more flexibility, control, and

enhanced 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 IOU Offers with other consumers for other IOUs which are needed more for those trading parties.

IOU Peer-to-Peer (P2P) platform providing new opportunities for each Merchant (Business Merchant) in the world with regard to loyalty system organization, interaction with consumers, investment attraction, and revenue growth by the means of issuing its own freely tradable IOUs (IOU Crypto-Obligations / “IOU-CO”).

BLOCKCHAIN & E-COMMERCE

Blockchain ecommerce seems to be the word of the year; well, more like for the years to follow too. The early developments in the application of Blockchain and the proliferation in its adoption says a lot about its future and how it could shape the world of ecommerce.

Alibaba, the ecommerce giant, is investing heavily into blockchain to track genuine food products and verify the authenticity of the items.

Transparency, coherence, cost-effectiveness and effective integration with business processes at all levels of the business are just a few USPs of blockchain. Irrespective of the size of a business, (gradually) combining the strengths of blockchain with an e-commerce business can present endless opportunities

HOW IT WORKS

IOU offers complete transparency utilizing Blockchain for its Group Loyalty offers with clear visibility, security, speed of processing and traceability of transactions through the decentralized register of all sources.

IOU is Offering Merchants and Consumers clear advantages over the traditional e-commerce environment making transactions Cost-Effective and Secure while building ultimate trust between Merchants and Consumers.

Rating mechanism would boost a trust even further.Cost-effectiveness of transactions and global reach of consumers beat the conventional digital payment methods as it removes the middlemen/payment processors that take a big cut.

Not only consumers would feel secure and get significant savings but also, they could use their purchased IOUs as actual monetary assets which they will be able to trade with other consumers or sell on the exchange. This is a tremendous benefit of IOU Platform.

Loyalty factor is another huge benefit allowing both consumers and merchants to get rewarded for generating top rated, quality offers and transactions on IOU 24 This document is strictly private, confidential and personal to its recipients and should not be copied, distributed or reproduced in whole or in part, nor passed to any third party.

Exchange. Merchants and Consumers will be able to donate some IOUs for those in need and get rewarded for philanthropic activities.The company would also place donation requests on special causes and would reward Merchants and Consumers, as well as match such donations to benefit those causes.

FOR MERCHANTS

• IOU-Co Issuance

• Online Store displaying various Merchant IOUs on range of categories

• Mobile and browser integration for transfers of IOU offers

• Marketing Campaign module allowing multi-media and social networking integration

• Consumer Data analysis such as GPS and Buying Trends

• Various permissions and roles based on Merchant status to reach consumers

• Analytic Reports on sales and consumer interaction

• Web Services with home grown or 3rd party applications

• Rating Tools Merchant would also have an option to Guarantee the Service and issue refunds of payments

• P2P Exchange of IOU offers between Merchants and Consumers as well as among

other Merchants

FOR CONSUMERS

• Purchase IOU-Co offers from Merchants directly or on P2P IOU exchange

• Exchanging IOU-Co offers with other Consumers

• Unanimous messaging system to receive communications from Merchants of interest

• Consumer Profile Management module allowing consumers to promote their interests

and receiving special offers from Merchants

• Rating functionality allowing Consumers to rate Merchants as well as other Consumers

• Secure Repository of purchased and favorite IOU-Co Offers

KEY ADVANTAGES

With existing advertising systems becoming less and less effective, the IOU Platform presents the ultimate solution. Its key advantages for merchants and consumers are the following:

FOR MERCHANTS

• Loyalty and Customer Retention

• Viral Marketing

• Market Driven Flexibility

• Merchants can receive current consumers’ parameters and interests

• Getting in contact with consumers

• Receiving additional parameters of consumer profile

• Barter functionality between merchants

FOR CONSUMERS

• Trade IOUs with other consumers

• Protection of anonymity

• Opting out at any time of Merchant interaction

• Possibility to personalize interaction with Merchants

TOKEN UTILIZATION

The token IOUX is expected to be utilized in many ways, including:

• Escrow Management

• VIP Merchant Status

• Consumer Purchases of IOU Merchant Offers

• Loyalty Token Grants

• Promotional Offers

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 cryptocurrencies, 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 an additional 5% Discount to the Consumers. Additional 10 Loyalty Tokens would be given equally each time to both Merchants and Consumers after accumulating transactions of 1,000 Tokens.

Merchants 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.

ICO Details

General information

Token: IOUX

Platform: Ethereum

Standard: ERC20

Quantity: 800,000,000 IOUX

Price: 800 IOUX = 1 ETH

Payment: ETH

KYC: No

PreICO

Quantity: 10,000,000 IOUX

Start: 08/18/2018

Completion: 09/18/2018

ICO

Quantity: 100,000,000 IOUX

Start: 09/19/2018

Completion: 12/18/2018

ROADMAP

March 2017 Market analysis

May 2017 Economic feasibility assessment

June 2017 Prototype Design

July 2017 Setting up the development environment Beginning of the implementation of existing modules of the system in the block environment

August 2017 Beginning of the development of the P2P-exchange IOU

September 2017 Phase I: Module testing and quality control

October 2017 Completion of the development of the P2P-exchange IOU

November 2017 Beginning of mobile application development Phase II beginning: Development of loyalty project

August 2018 Completion of phase II: Development of a loyalty project Phase III beginning: Development of a loyalty project Pre-ICO / Whiteling

September 2018 Home ICO / Whiteleaf

December 2018 Completion of ICO / Whitelegging Completion of phase III: Development of a loyalty project Initiation of exchange listing procedures

January 2019 IOU loyalty testing, quality control

February-March 2019 Launching the closed beta version of IOU

April 2019 Launch of the IOU Beta The beginning of the marketing campaign for expansion in Europe, Africa and the Middle East

June 2019 Running the beta version of IOU v. 2.0

August 2019 Completion of the marketing campaign for expansion in Europe, Africa and the Middle East

September-December 2019 Marketing campaign to expand in the countries of the Asia-Pacific region

January-May 2020 Marketing campaign to expand in North America / Spain and Portugal / Latin America

TEAM

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

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, 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.

DR. BING DENG, PHD

Blockchain Strategist / Crypto Investor / APAC Marketing

DR. PAVEL BONDAREV, PHD

Strategic Advisor – AI Development

PUI CHI WONG

Strategic Advisor – Investment Banking, APAC Business 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

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

More information contact :

Website: https://iou.io/

Whitepaper: https://iou.io/assets/pdf/whitepaper.pdf

ANN Thread : https://bitcointalk.org/index.php?topic=4845370.0

Telegram: https://t.me/IOUCommunity

Author : upik05

BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2205131

Address wallet

0x6B4D2B44e4FB4648FE87029C4ddf00Da999127c4