IOU ICO
Introduction
IOU closed its first quarter 2018 with wonderful adjusted profits of $804,088 , which excludes certain non-cash and non-recurring items, compared to an adjusted net loss of two $0.7 million two in the first quarter of 2017. The two $1.5 million two enchancment in adjusted internet revenue is basically due to the two $1 million minimize in the provision for mortgage losses as well as to the $0.6 million in reduced working costs in the quarter in contrast to the same duration ultimate year and to the two $0.1 million extend in gross revenue.
IOU is located in a strip mall putting and has a simple and informal eating area. The provider was very friendly and attentive, granted we had been the solely ones there for most of our dinner. We went for the all-you-can-eat for $25.99 and left very satisfied. The fish tasted fresh and the quail shots have been exciting and tasty. We caught to the nigiri sushi so I can not in reality remark on the rolls. They additionally have a lunch AYCE menu that excludes distinctiveness rolls. It still includes hand rolls and easy rolls. The lunch rate is about $20 consisting of tax. Since I don’t typically order rolls, lunch is truely the way to go! If you come all through lunch and favor the dinner fee with the distinctiveness rolls, they will accomodate.
IOU Financial originated $29.2 million during Q2 2018, according to the company’s quarterly financial statement released today. This is an amplify of 11.6% in contrast to the equal period ultimate year, and an enlarge of 19.1% over originations of $24.5 million from last quarter . This is additionally IOU’s 0.33 consecutive quarter with advantageous earnings.
IOU E-Commerce Blockchain Loyalty System Platform Benefits
By tokenizing the merchant promotional offers through the blockchain, consumers and merchants will get to enjoy the following benefits:
Loyalty And Customer Retention
All IOU obligations will go on to develop into Flagship Blockchain Loyalty Programs for the business owners. Merchants will, thus, have access to an efficient and secure way of promoting all their special offers to consumers.
Viral Marketing
Clients will essentially become agents for the merchants. They will be able to target other consumers on the peer-to-peer exchange looking to exchange the IOUs they have with other consumers. This is something that will be based on the value and need at the moment a transaction is being executed. It is an approach that will make it possible for business operators to attract and retain a stable customer influx.
The IOU Peer-To-Peer Exchange
This particular exchange is one that is being driven by market flexibility. Clients will be able to securely purchase IOU offers from business owners with each purchase having specific terms for the promotional service or product, e.g., exchange terms, limited quantity, and expiration date.
It is a type of flexibility that is likely to provide consumers with enough time-frame to use their services or products. Alternatively, they will also have enough time to trade the IOUs in their possession with others who may be interested in them in any location across the globe.
Global Digital E-Commerce Trends
Total global population: 7.476 billion people. Urbanization stands at 54%
Internet users: 3.773 billion. Penetration stands at 50%
Active social media users: 2.789 billion. Penetration stands at 37%
Unique mobile users: 4.917 billion. Penetration stands at 66%
Active mobile social users: 2.549 billion. Penetration stands at 34%
IOU IOUX Token & ICO Details
Merchants will be required to pay a five percent gas fee using IOUX tokens for each and every IOU offer that is issued for clients. In return, IOUX token holders will be provided with a five percent discount as an incentive. They would also receive an additional 20 loyalty tokens every time a consumer or merchant accumulates transactional tokens totaling 1000 or more.
Post ICO Token Distribution
Public — 57.5%
Founders and Management — 20%
ICO Advisors and Bounty Marketers — 2%
Company — 20.5%
Parameters Of The ICO
Total number of tokens: 800,000,000
800 IOUX tokens= 1 ETH
Pre-ICO: 10, 000,000 tokens with a 40% volume bonus
ICO: 100,000,000 tokens (tokens sold bonus, time of crowd sale bonus, and volume bonus
Road map
March 2017
Market analysis
May 2017
Economic feasibility assessment
June 2017
The design of the prototype
July 2017
Setting up the development environment Start of implementation of existing system modules in the blockchain environment
August 2017
Start of IOU P2P exchange development
September 2017
Phase I: module Testing and quality control
October 2017
The completion of a P2P exchange IOU
November 2017
Start of mobile application development start of phase II: loyalty project Development
August 2018
Completion phase II: Development of the loyalty project, phase III: Development of the loyalty project, Pre-ICO / Waitlisting
September 2018
The beginning of the ICO / Waitlisting
December 2018
Completion of ICO / Waitlisting the Completion of phase III: Development of the loyalty project Initiation procedures exchange listing
January 2019
IOU loyalty system testing, quality control
February–March 2019
The launch of the closed beta IOU
April 2019
The launch of the beta version of the IOU Start a marketing campaign for expansion in Europe, Africa and the middle East
June 2019
The launch of the beta version v IOU. 2.0
August 2019
Completion of an expansion marketing campaign in Europe, Africa and the middle East
September –December 2019
Marketing campaign for expansion in the Asia-Pacific region
For More Information:
WEBSITE: https://iou.io/
WHITEPAPER: https://iou.io/assets/pdf/whitepaper.pdf
FACEBOOK: https://www.facebook.com/iouico/
TWITTER: https://twitter.com/iouico
TELEGRAM: https://t.me/IOUCommunity
Author:adulojuclara
My bitcointalk profile:https://bitcointalk.org/index.php?action=profile