Wednesday 7 November 2018

INTRODUCING IOU

After the big Crypto-Boom in 2017, the amount of ICO and Token Sales has surged exponentially. According to icotracker.net, there are literally thousands of ICO’s and Tokens out there. Knowing which ICO or Token to invest in could potentially be a huge headache for many uninformed investors. Understanding which ICO’s would potentially grow into sustainable companies and which ICO’s would be worth investing is crucial to the investor’s return on investment (ROI).
Many ICO investors neglect to see an ICO as an IPO. An ICO “Initial Coin Offering” and an IPO, “Initial Public Offering”, is similar in many ways. When a company goes public with an IPO, before you invest, you would research the company. You would look at the stakeholders (Founders), the company’s assets, its market share, growth potential and much more. It seems like most people forget that when looking at ICO’s, they are blinded by the whole “Get Rich Quick” trend, and thus they ignorantly invest in ICO-Traps.
ICO Investors should consider the following:
  • How capable is the team, who are they?
  • What is the ICO about?
  • How does the Ecosystem work?
  • How will the coin be utilized?
  • How would funds be distributed?
  • How are the tokens being allocated?
  • How in depth is the Roadmap?
  • How does the Referral or Bounty Program work?
  • How strong is the Community?
  • How secure is the system? (Internet Security)
Of course, there are more to look for in an ICO before even considering investing, but exploring these 10 points will most definitely protect you from most scrap ICO’s out there.

INTRODUCING IOU
IOU seeks to reinvent the existing customer loyalty programs in a bid to offer more benefits, control, and flexibility to the merchants. Doing this will make it possible for the merchants to guarantee their clients the best possible consumer satisfaction levels. This will be in exchange for the marketing expenditures already incurred.
The loyalty system being proposed by IOU will make it possible for the business owners to build new interaction levels with their clientele. Additionally, they will also be able to provide an opportunity for their consumers to freely exchange the IOUs in their possession with other consumers. and here, 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.
For instance, 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. They 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 has formalized the preparation of its work with each CEO, CFO and COO (each, "Executive") by making a written agreement that formalizes their current work requirements. Such work agreements include restrictive agreements such as non-competition and non-solicitation clauses. The employment agreement also stipulates additional provisions by admiring termination, constructive termination, severance pay and alternative controls from the Executive, together with payments between 6 and 18 months of salary, bonuses and profits in the termination tournament within 12 months after the change of control.
IOU remains at the forefront of the fintech revolution that democratizes access to capital for small businesses. IOU expects to continue to develop mortgage origination and generate profits throughout 2018.
IOU closed the first quarter of 2018 with a adjusted large profit of $ 804,088, which excludes certain non-cash and non-recurring items, compared with two adjusted net losses of $ 0.7 million in the first quarter of 2017. Two $ 1.5 million two improvements in adjusted internet revenues basically caused by two $ 1 million minimizing provisions for mortgage losses as well as $ 0.6 million in reduced work costs in different quarters with the final year of the same duration and for two $ 0.1 million extend gross income.
The global trends in digital e-commerce
Total world population: 7,476 billion people.
Urbanization reaches 54%
Internet users: 3,773 billion.
Penetration is 50%
Social media active users: 2,789 billion.
Penetration reaches 37%
Unique mobile user: 4,997 billion.
Penetration is 66%
Active cellular social users: 2,549 billion.
Penetration reaches 34%
Benefits of the IOU E-commerce Blockchain Loyalty System Platform By unlocking promotional offers from merchants via blockchain, consumers and sellers are listed below:
Customer loyalty and retention
All IOU's obligations will be further developed into the Flagship Blockchain loyalty program for entrepreneurs. Therefore, sellers have access to an efficient and safe way to promote all their special offers to consumers.
Viral marketing
Customers are basically agents for traders. They can target other consumers on peer-to-peer exchanges to exchange the IOU they have with other consumers. This is something that will be based on the value and needs when the transaction is carried out. This is an approach that allows business operators to attract and maintain stable customer inflows.
IOU peer-to-peer exchange
This special exchange is one that is driven by market flexibility. Customers can safely purchase IOU offers from business owners with each purchase with specific conditions for promotional services or products, such as exchange requirements, limited quantities, and expiration dates.
This is a form of flexibility that might give consumers enough time to use their services or products. As an alternative, they also have enough time to exchange IOUs with those who might be interested in them in any location around the world.
IOUX TOKENS UTILIZATION - Token Sale and ICO Details
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
200,000,000 IOUX TOKENS
1 IOUX = $0.28
PRE-ICO 10,000,00040% + VOLUME BONUS
ICO 100,000,000
TOKENS SOLD BONUS,
TIME OF CROWD SALE BONUS,
VOLUME BONUS
Allocated for ICO and Private Sale. Company will burn unsold tokens and use 20% of e-commerce transaction fees on buy-back program to quarterly acquire IOUX tokens from listed exchanges and burn those re-purchased tokens.
IOUX TOKEN DISTRIBUTION 
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

TEAM

For more information, please visit:
Website: https://iou.io/
Whitepaper: https://iou.io/assets/pdf/whitepaper.pdf
ANN Tread: https://bitcointalk.org/index.php?topic=4845370
Bounty Tread: https://bitcointalk.org/index.php?topic=5001075.0
Telegram: http://t.me/IOUCommunity
Facebook: https://www.facebook.com/iouico/
Twitter: https://twitter.com/iouico
Medium: https://medium.com/@realIOU
Reddit: https://old.reddit.com/r/iouplatform/
Github: https://github.com/iouico/IOU
Bitcointalk username:Samuel321
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1925101
DISCLAIMER:This post was brought to you by Opeyemi being my personal project on IOU campaign project

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