From the first time you heard of a system that pays you, weather in cash, gift card or crypto, what came to your mind? Awesome right? Well, it is awesome if you really get the owed points or commissions. It is awesome if you don’t have to give up your personal information or item order list just so you can receive your points. These are issues associated to this ‘Awesome’ deal. And when these issues listed above are not taken care of, it becomes awestruck. I have a startup that picks offers, cashback deals and discount deals from top brands and stores in my region and makes it known or draws the attention of online shoppers on it. Sometimes my site visitors come back with a complain saying that the brands they have originally offered a cashback deal to them is demanding to know some personal information which they feel is too sensitive to share. These information when retrieved, are sold to people who need them, and the money they make off it, that’s your ‘Cashback deal’. So in essence, you don’t get paid for really shopping on these sites, you sell your personal information indirectly in exchange for points.
In other form of this, some sites hike the prices of their items and promise you get a 10% cashback of the total money you’re spending. Which in reality you’re paying for your item and getting the extra charge back. Whichever way the trick is played, the bottom line remains that it is not really that awesome.
But if we must go through this practice, we need a platform that is transparent and centered in keeping online shopper’s information highly secretive.
Dealjoy believes that ‘a truly private cashback ecosystem is necessary for the worldwide online shopping industry to provide its participants with competitive earning rates and professional tools without compromising users’ privacy’. This is the bases of Dealjoy’s development and design. Dealjoy is the connector of online shoppers and professional marketers with leading merchants to reward shoppers instantly with crpto.
The cashback industry is worth more than $84 billion, with more than 100,000 e-commerce merchants who use cashback as a marketing tool. Blackfriday, the e-commerce yearly event in USA which has also been adopted by so many other nations and global leading markets has more than 30% of its deals as cashback deals, so this is a living proof that the market for cashback and affiliate marketing still lives on. Cryptocurrency as an existing market since 2009 also have dominated the market and financial ecosystem, with tens of new currencies making grand entrants into the market every day. Here the team of Dealjoy has identified an existing problem, with acute intelligence on the cryptocurrency technology, has designed their project on the blockchain network with the aim of utilizing every single strength and technological advancement the blockchain system possesses.
SOME OF THE PROBLEMS IDENTIFIED BY DEALJOY TEAM MEMBERS
1. The lack of global payment solution. The existing platforms make use of paper checks, non-global online payment agencies like paypal or payonner which charge some commission for its usage. In extreme cases, the payment agencies which are made available as the only option for receiving the commission isn’t global per say, in any case, the user run the risk of forfeiting the money.
2. Lack of respect for user’s confidential data. Just like what I mentioned earlier, customers are forced to provide some highly confidential information or run the risk of losing their owed commission.
DEALJOY’S SOLUTION TO THE ABOVE MENTIONED PROBLEMS
In a more simple statement, the solution to these problem is the Dealjoy Ecosystem which consist of the Dealjoy cashback program, Dealjoy for business and the Dealjoy protocol which issues payment in Ethereum compatible DEAL tokens.
WHAT WILL HAPPEN IN A CASE OF RETURNED ITEM?
Traditionally, cashback platforms issue out the deals from 4 weeks of final purchase upwards. But Dealjoy has promised an instantaneous payment of commissions earned, will this mean that the user can have his cake and still eat it? The answer is NO. The Dealjoy Trustless commission sharing protocol requires that all participants stake a number of DEAL tokens to join the network. From this, the instant cashback deal is made. If there is a case of item return, then the excess paid tokens will be deducted from the user’s balance.
THE DEALJOY PLATFORM
The dealjoy platform is simply designed with a dashboard which allows members to surf for their favorite merchants with the best DEAL tokens. After which the member must have successfully made a purchase through the merchant’s website, Dealjoy automatically track all members purchase and pays them with the DEAL token. Now this is awesome!
The DEAL token can be used to make purchases on the DealShop, or withdrawn and stored on an external wallet. The fundamental details of the Token are listed below:
Token symbol – DEAL
Max total supply – 1,400,000,000 DEAL
Token standard – ERC20
Initial rate – 1 ETH = 40,000 DEAL
Tokens for sale – 980,000,000 DEAL (70%)
Soft Cap – $1,700,000.00
Hard Cap – $8,400,000.00
70% – Private/Public Sale
10% – Company Reserve
10% – Team
5% – Marketing
5% – Strategic Advisors
ICO FUNDS ALLOCATION
40% – Development
30% – Marketing
15% – Strategic partnerships
10% – Operations
5% – Legal
Q3 2018: Website and Whitepaper live, Community building, Private sale
Q4 2018: Token sale, Platform development, Team extension
Q1 2019: Dealjoy open Beta, Merchant onboarding, Mobile App development
Q2 2019: Global public platform launch, 100+ merchants supported, Mobile Apps Live
Q3 2019: Dealjoy for Business live, 500+ merchants supported, Global Promotion
Q4 2019: DealShop and DealFeed live, 1000+ merchants supported, positioning among top cashback providers
TUOMO LAUNIS – CEO & Founder
OLLI SOPPELA – COO & Co-founder
ALEKSI KINNUNEN – CTO
RISTO VAURAS – Head of Design
MARI LUUKKAINEN – Head of Growth
TEEMU GRÖNQVIST – Senior Software Developer
ESA HOLLA – Senior Front-End Developer
ANDERS SAGADIN – Business Advisor
JANNE LOHVANSUU – Product Advisor
ANSSI UIMONEN – Strategic Advisor
MARK VAN STRATUM – Industry Advisor
MARCO CALICCHIA ICO – Advisor
JOSEPH BORG – Legal Advisor
You can agree with me that this is a full package, one that has been developed to link all bridges and make correctional changes on the cashback ecosystem. With the statistical proof of its living market, there will be a surgical move towards this platform by people who are tired of the platforms that has been in existence but failed to provide solutions to this long lasted issues. Please, find below the links to this projects detailed explanations and do well to follow their social media accounts. All links can be found below:
BITCOINTALK USERNAME: thankyoulord
BITCOINTALK URL: https://bitcointalk.org/index.php?action=profile;u=2076086
WALLET ADDRESS: 0x2859DD117e5E186B2dec97b50012C66D0E7597Ad